Potential offtaker

African Rainbow Minerals Ltd.

www.arm.co.za

Estimated electricity consumption

N/A

Countries of production presence

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African Rainbow Minerals Ltd (ARM) is a South African mining company that operates in the iron ore mining sector. The company was founded in 2004 by Patrice Motsepe, a South African businessman and philanthropist. ARM is listed on the Johannesburg Stock Exchange and has a market capitalization of approximately ZAR 35 billion.

ARM's primary focus is on the exploration, mining, and beneficiation of iron ore. The company operates two iron ore mines in South Africa, namely the Khumani Mine and the Beeshoek Mine. The Khumani Mine is located in the Northern Cape Province and produces high-grade lump and fines iron ore. The Beeshoek Mine is located in the Northern Cape Province and produces high-grade lump and fines iron ore.

ARM is committed to decarbonisation and reducing its carbon footprint. The company has implemented various initiatives to reduce its carbon emissions, including the use of renewable energy sources and the implementation of energy-efficient technologies. ARM has also implemented a corporate energy strategy that focuses on reducing energy consumption and increasing energy efficiency.

One of the key initiatives that ARM has implemented to reduce its carbon footprint is the use of renewable energy sources. The company has invested in solar energy projects and has installed solar panels at its mining operations. ARM has also entered into a corporate power purchase agreement (PPA) with a renewable energy provider to purchase renewable energy for its operations. The PPA allows ARM to reduce its carbon emissions and support the growth of renewable energy in South Africa.

In addition to renewable energy, ARM has implemented energy-efficient technologies at its operations. The company has invested in energy-efficient lighting and HVAC systems, as well as energy-efficient mining equipment. These initiatives have helped ARM to reduce its energy consumption and carbon emissions.

ARM's commitment to decarbonisation and reducing its carbon footprint is aligned with the global push towards a low-carbon economy. The company recognizes that reducing its carbon emissions is not only good for the environment but also makes good business sense. By reducing its carbon footprint, ARM can reduce its energy costs and improve its operational efficiency.

ARM's corporate energy strategy is also focused on reducing energy consumption and increasing energy efficiency. The company has implemented various initiatives to achieve these goals, including the use of energy-efficient technologies and the implementation of energy management systems. ARM has also implemented a program to educate its employees on energy efficiency and encourage them to adopt energy-saving practices.

ARM's commitment to decarbonisation and reducing its carbon footprint is not only good for the environment but also makes good business sense. The company recognizes that the transition to a low-carbon economy is inevitable and that companies that fail to adapt will be left behind. By embracing renewable energy and energy efficiency, ARM is positioning itself as a leader in the mining industry and demonstrating its commitment to sustainability.

In conclusion, African Rainbow Minerals Ltd (ARM) is a South African mining company that operates in the iron ore mining sector. The company is committed to decarbonisation and reducing its carbon footprint. ARM has implemented various initiatives to achieve these goals, including the use of renewable energy sources, the implementation of energy-efficient technologies, and the implementation of energy management systems. The company has also entered into a corporate power purchase agreement (PPA) to purchase renewable energy for its operations. ARM's commitment to decarbonisation and reducing its carbon footprint is aligned with the global push towards a low-carbon economy and demonstrates its commitment to sustainability.

✓ Declared Net Zero commitment