Anglo Platinum
From WikiClimate
Company Details
- Company name: Anglo Platinum
- Country: South Africa
- Sub Sector: Metals & Mining
- Industry Group: Materials
- Parent Sector: Materials
According to its website, Anglo Platinum is the world's largest primary producer of Platinum. The Group's main operating mines include Rustenburg Platinum Mines’ (RPM) Rustenburg Section, Amandelbult Section and Union Section (85% owned), as well as Potgietersrust Platinums Limited (PPRust) (now Mogalakwena Section), Twickenham and Lebowa Platinum Mines Limited (LPM).
The Group is also in joint ventures and associations with: African Rainbow Minerals Platinum, a historically disadvantaged South African (HDSA) mining company, to operate the Modikwa Platinum Mine; Royal Bafokeng Resources, an HDSA partner, over the combined Bafokeng-Rasimone Platinum Mine (BRPM)/ Styldrift properties; the Bakgatla-Ba-Kgafela traditional community who hold a 15% share in Union Mine; Lonmin Platinum and HDSA partners, the Bapo Ba Mogale tribe and Mvelaphanda, over the Pandora PGM reserves; Xstrata to operate the Mototolo Mine and has joint venture agreements with Aquarius Platinum (South Africa), covering the shallow reserves of its Kroondal and Marikana mines contiguous to RPM Rustenburg Section.
The Group's smelting and refining operations are wholly owned through RPM and situated in South Africa. These operations treat concentrates and matte from subsidiaries and from joint ventures.
The Group announced its intention to conclude two major BEE transactions on 4 September 2007 with existing empowerment partners, Mvelaphanda Resources Limited and Anooraq Resources Corporation. The deals when successfully concluded will result in the creation of two major independently HDSA managed and controlled PGM producers over the Lebowa Platinum Mines, Ga-Phasha, Booysendal and Northam assets.
In Zimbabwe, the Group is developing the Unki platinum mine. Elsewhere in the world, the Group is involved in exploration in Canada, Russia, Brazil and China. The Group has a representative office in Beijing.
Carbon Disclosure
The following data is © Carbon Disclosure Project and was provided by Anglo Platinum in response to the Carbon Disclosure Project Greenhouse Gas Emissions questionnaires.
Regulatory risks
We do not consider our company to be exposed to regulatory risk due to climate change because climate change legislations in South Africa are almost nonexistent.
The company has however established formal environmental management systems at each operation to ensure compliance to regulations and other requirements to which we subscribe.
Physical risks
We consider our company to be exposed to physical risks due to climate change because our mines are highly dependent on a reliable supply of water and electricity amongst other things. A reduction in rainfall amount or variability, or an increase in evaporation (due to higher temperatures) would further strain the already limited amount of water resources.
General risks
Climate change is a global challenge and may affect our operations in the meduim to long term via extreme weather events such as droughts and flooding. Our focus remains on improving energy efficiency as 90% of our CO2 emissios are indirect and associated with electricty use.
General and regulatory risks management
Our focus remains on improving energy efficiency as 90% of our CO2 emissios are indirect and associated with electricty use. Moreover, the company has established formal environmental management systems using ISO 14001 standards at each operation to ensure compliance to regulations and other requirements to which we subscribe.
Current and/or future financial effects of risks
The sustainable development challenges and risks were identified via a formal risk management process which considers views of external and internal stakeholders. In line with international best practice and KingII guiding principles, the Executive Committee is responsible for reviewing significant risks and monitoring controls is reviewed by the Audit Committe and significant risks and mitigation strategies are submitted to the Board for ratification.
Opportunities presented by current or anticipated regulatory requirements on climate change
As a developing country, climate change legislations in South Africa are on the moment primarly non existent.
Opportunities presented by current or anticipated physical changes resulting from climate change
Interest in development of fuel cell technology has accelerated dramatically over the last decade against the rising environmental concerns. Fuel cells do not burn fuel, so the system eliminates air emissions associated with fossil fuel combusion generators such as carbon monoxide, nitrous oxide and hydrocarbons. Also emissions of global wariming gases such as CO2 are far lower than for electricity generated by other means and rising concerns over CO2 have renewed efforts and investment in the fuel cell industry. Demand for our product, Platinum, is expected to increased as the fuel cell technological development gain momentum.
Planned investment in products and services designed to minimise/adapt to effects of climate change
The group has a number of energy saving projects which inlcudes compressed air management, hig-pressure grinding roll technology, energy efficient lighting etc
Future financial effects of opportunities presented by climate change
If the demand for platinum inceases due to the fuel cell techology our company can benefit as explained above.
Greenhouse Gas Emissions
- Greenhouse Gas emissions methodology used: Other
- Accounting year: 01/01/2007 to 31/12/2007
- Total global Scope 1 activity in Metric Tonnes CO2-e emitted: 502 kilotonne
- Total global Scope 2 activity in metric tonnes CO2-e emitted: 5227 kilotonnes
- Identifiable GHG emissions:
GHG emissions, CO2 equivalent from electricity purchased = 5227 Kilotonnes GHG emissions, CO2 equivalent internally generated = 502 Kilotonnes Sulphur dioxide = 18.54 Kilotonnes Particulates (point source) = 0.46 Kilotonnes Energy: Energy from electricty purhased = 19642 Terajoules Energy from processes and fossil fuels = 6254 Terajoules
