Potential offtaker

Royal Bafokeng Platinum Limited

www.bafokengplatinum.co.za

Estimated electricity consumption

N/A

Countries of production presence

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Royal Bafokeng Platinum (RBPlat) is a leading South African mining company that operates in the Platinum Group sector. The company is headquartered in Rustenburg, North West Province, and was established in 2006. RBPlat is a black-owned and controlled mining company, with the Royal Bafokeng Nation (RBN) as its largest shareholder. The RBN is a community of around 300,000 people, who are direct beneficiaries of RBPlat's success.

RBPlat's primary asset is the Bafokeng Rasimone Platinum Mine (BRPM), which is a joint venture with Anglo American Platinum. The mine is located on the Western Limb of the Bushveld Complex, and produces approximately 300,000 ounces of platinum per year. RBPlat is committed to sustainable mining practices, and has implemented various initiatives to reduce its environmental impact and promote social responsibility.

Decarbonisation is a key focus for RBPlat, as the company recognizes the importance of reducing its carbon footprint and contributing to the global effort to combat climate change. RBPlat has set ambitious targets to reduce its greenhouse gas emissions, and has implemented various measures to achieve these targets. The company has invested in renewable energy sources, such as solar and wind power, to reduce its reliance on fossil fuels. RBPlat has also implemented energy efficiency measures, such as upgrading its lighting systems and optimizing its ventilation systems, to reduce its energy consumption.

Corporate energy is another area of focus for RBPlat, as the company recognizes the importance of managing its energy use and costs. RBPlat has implemented various initiatives to optimize its energy use, such as installing energy-efficient lighting and HVAC systems, and implementing energy management systems. The company has also implemented a corporate power purchase agreement (PPA) to secure a reliable and cost-effective source of renewable energy. RBPlat has partnered with a renewable energy provider to purchase a portion of its electricity from a wind farm, which has helped the company to reduce its carbon footprint and manage its energy costs.

RBPlat's commitment to renewable energy is further demonstrated by its investment in a solar energy project. The company has partnered with a renewable energy provider to develop a 50 MW solar power plant, which will be located near its BRPM mine. The solar plant will provide a reliable and cost-effective source of renewable energy to RBPlat, and will help the company to reduce its carbon footprint and manage its energy costs. The solar plant is expected to be operational by 2023, and will be one of the largest solar projects in South Africa.

RBPlat's commitment to sustainability extends beyond its environmental initiatives, and includes a focus on social responsibility. The company has implemented various initiatives to support the communities in which it operates, and to promote economic development and job creation. RBPlat has established a community development trust, which invests in education, health, and infrastructure projects in the local communities. The company has also implemented various initiatives to promote local procurement and enterprise development, to support the growth of small businesses and create job opportunities.

In conclusion, RBPlat is a leading South African mining company that operates in the Platinum Group sector. The company is committed to sustainable mining practices, and has implemented various initiatives to reduce its environmental impact and promote social responsibility. RBPlat's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy demonstrates its commitment to reducing its carbon footprint and managing its energy costs. The company's investment in a solar energy project further demonstrates its commitment to renewable energy, and its focus on social responsibility is evident in its support for the local communities in which it operates. RBPlat's commitment to sustainability is a key driver of its success, and positions the company as a leader in the mining industry.

✓ Declared Net Zero commitment