Bokoni platinum mine is large, high-grade opportunity, says African Rainbow Minerals

Bokoni platinum mine is large, high-grade opportunity, says African Rainbow Minerals: The Bokoni platinum group metals (PGM) mine being acquired for R3.5-billion by African Rainbow Minerals (ARM) hosts South Africa’s second largest PGM resource, with ready-built mining and processing plant infrastructure on site. Bokoni provides greater exposure to palladium and is close to ARM’s Modikwa and Two Rivers PGM mines. It lifts the JSE-listed company’s combined PGMs resource base by 135% to 266-million ounces of four-element (4E) PGMs.

Green hydrogen production a key part of Sasol’s net-zero strategy

Page 1 and page 2 are updated see right hand column 11/4/2022, pages 3 and 4 updated16/4/2022

My specialist updates page 18/4/2022

Green hydrogen production a key part of Sasol’s net-zero strategy: Energy and chemicals company Sasol senior sustainability manager Viran Pillay has reiterated that the group already has the technology to produce green hydrogen, which will form a key part of its strategy to transitioning from being the second-largest greenhouse-gas emitter in South Africa to net-zero by 2050. Speaking at the 2022 PGMs Industry Day, in Johannesburg, on April 6, Pillay said Sasol had full logistics trains in place to support the production of green hydrogen.

Coal is not dead, Prevost insists

Coal is not dead, Prevost insists: Coal consulting firm XMP Consulting senior coal analyst Xavier Prevost has stressed that coal is not “dead” and that South Africa’s coal resources remain abundant and can provide low-emitting, cost-effective, reliable and sustainable power well into the future with the correct technology. He called for renewed investment into coal owing to its continued critical role in energy production.

Green hydrogen energy supply to local communities envisaged by Anglo

Green hydrogen energy supply to local communities envisaged by Anglo: The green hydrogen footprint being developed by Anglo American could be extended to provide low-cost and efficient energy to local communities. Anglo, which is advancing towards using green hydrogen to replace diesel in the huge haul truck it is building at Anglo American Platinum’s Mogalakwena mine in Limpopo, has presented a well-received strategy of spreading its hydrogen footprint in support of local people.

Platinum surplus forecast to reduce significantly

SEE    Updates in right hand side column as folows:-
1.14/3/2022 our specialist list 

2. 15/3/2022 mining houses and holdings

3. 17/3/2022 Platinum

4. 20/3/2022 Gold

Platinum surplus forecast to reduce significantly: The platinum surplus in 2021 is forecast to reduce by 47% in 2022 as Covid-related and operational disruptions gradually settle, the World Platinum Investment Council (WPIC) states in its Platinum Quarterly. Covering the fourth quarter of 2021, along with a full year review of 2021 and revised forecast for 2022, the WPIC's Platinum Quarterly states that Covid--related factors and operational disruptions played out particularly during the second half of 2021, having a huge impact on both the supply of and demand for platinum. (Also watch attached Creamer Media video.)

Glencore clinches marketing relationship with US metals business

Glencore clinches marketing relationship with US metals business: Diversified mining and marketing company Glencore has entered a strategic global marketing relationship with United States Strategic Metals, formerly Missouri Cobalt. Involved is a long-term offtake agreement for 100% of the US company’s products, which include cobalt and nickel sulphates, lithium products and copper cathode.

UPDATE PAGES IN RIGHT HAND SIDE COLUMN.

NUMBER 1- 14/2/2022,  NO.2- 14/2/2022 NO 3. 18/2/2022 4. 18/2/2022

Small cap updated

Large cap  updated

Chinese lithium prices rise on tight supply, other markets follow suit – Fastmarkets

Chinese lithium prices rise on tight supply, other markets follow suit – Fastmarkets: Cross-commodity price reporting agency Fastmarkets reports that Chinese lithium prices are rising as a result of constrained supply, with Chinese lithium consumers topping up their inventories and scrambling for available spot units in the past two weeks before logistics in China start to come to a halt ahead of the Chinese New Year holiday. While the period over January 31 to February 6 is designated as a public holiday this year, it is common for Chinese workers to take time off beyond just the official days, the firm notes.

See right hand side column for all the latest updates

Lithium market to remain constrained, Fitch Solutions forecasts

Lithium market to remain constrained, Fitch Solutions forecasts: Despite strong production growth in the years to come, Fitch Solutions Country Risk and Industry Research expects the global lithium market to remain tight in the coming years as the green transition accelerates, boosting demand for batteries spanning from electric vehicles (EVs) to utility-scale batteries. The unit also expects the market to record increasingly large deficits to 2030. 

The answer is of course hydrogen FUEL CELLS using Platinum

Billionaire-backed African Rainbow buys mothballed platinum mine

Billionaire-backed African Rainbow buys mothballed platinum mine: African Rainbow Minerals, backed by South African billionaire Patrice Motsepe, agreed to buy Anglo American Platinum’s mothballed Bokoni platinum mine for R3.5-billion. The deal comes after the world’s biggest platinum miners declared record dividends this year as rebounding demand for their metals from automakers bolstered earnings. African Rainbow, which has investments spanning manganese to gold, is looking to leverage an asset that was mothballed before the surge in platinum-group metals over the past few years.

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani

Use renewables to cut carbon and create hydrogen, use hydrogen to cut diesel – Cutifani: Use renewables to cut carbon and create hydrogen, and then use the hydrogen that has been created to replace diesel. Anglo American CE Mark Cutifani proposed this climate blueprint while also outlining his London- and Johannesburg-listed mining company’s entry into crop nutrients that can free up land for carbon sinks.

See page updates in  right side column for December 2021

Special resources updated 20/12/21, Mine holdings 21/12/21,Gold and Platinum 22/12/21