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Energy solutions crucial to the future of mining

ENERGY SOLUTIONS
Power is central to an effective mining operation and constitutes a key investment decision for management teams, governments and investors

ENERGY SOLUTIONS Power is central to an effective mining operation and constitutes a key investment decision for management teams, governments and investors

1st March 2019

By: Mamaili Mamaila

Journalist

     

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Renewable energy has become a very important part of the conversation in mining, says energy solutions provider MD for Africa John Lewis who attended the 2019 Investing in African Mining Indaba held in Cape Town last month.

Aggreko provides power for mining companies, utilities and other corporates in more than 20 countries across Africa. The company focuses on solving clients’ challenges to provide cost-effective, reliable, flexible and greener solutions worldwide.

“We are one of the biggest and most established providers of mobile power solutions in the world, and on the African continent. “We came to Mining Indaba to build on the relationships we already have with our many existing clients and to build new ones as we educate the market about our solutions, which include hybrid technologies incorporating renewable energy and smart energy storage,” he says.

Renewable-power solutions are growing across African mining projects, as they offer a complementary solution to thermal generation and can reduce fuel costs and ensure reliable power 24/7. Lewis says the lack of reliability in energy generation and distribution in Africa – especially in remote locations – the volatility of fuel costs and the maintenance of power equipment are some of the challenges regarding energy in mining.

“Power is central to an effective mining operation and constitutes a key investment decision for management teams, governments and investors. Aggreko has a range of solutions already implemented for clients and these solutions integrate solar and smart storage solutions into our existing generator-based solutions,” he says.

State of Mining

Aggreko has been encouraged by the high quality of mining companies that have operations across the continent with which it has made contact at the Indaba. The company is pleased with the potential of these companies, as it bodes well for the industry’s continued health and success.

“We have met some outstanding management teams and enjoyed the engagement we have had with African governments from across the continent,” says Lewis.

They share the view of many investors and mining companies – that the local mining industry holds incredible potential. Lewis says the industry is moving away from being dominated by deep-level mining and is evolving in line with international norms as health and safety and environmental standards change.

“The conversations we have had with mining companies during Mining Indaba indicate a mood of cautious optimism as the Mining Charter, a new mining Minister, a plan to restructure Eskom and greater certainty on policy begin to have an impact on the industry. We are encouraged by the many quality projects that are under way in the country and we see a bright future for South African mining.”

Aggreko’s partnerships within the mining industry reflect its understanding of the sector and how to address its challenges. Lewis states that they will continue to build on its reputation as a key player in mining. Aggreko believes that the new energy world will continue to evolve and present exciting and inspiring challenges.

Lewis concludes that increasing the growth of Aggreko’s business with mining clients, utilities and industries across Africa is their focus. “We will continue to innovate and leverage our expertise and commitment to research and technology to cut costs, provide cleaner energy and deliver highly effective solutions no matter the territory, commodity or type of solution needed. Our business model enables us to produce power wherever it’s needed in the shortest timeframe.”

Edited by Zandile Mavuso
Creamer Media Senior Deputy Editor: Features

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