Some of the world’s biggest mining companies are working with South Africa’s government on a 27 billion rand ($1.5 billion) water project to supply major platinum and chrome operations and several hundred thousand people with drinking water. Glencore Plc and Anglo American Platinum Ltd. are among the companies attempting to secure half of that amount in financing by the end of the year with the rest of the funds to be sourced by municipalities and the government.
Rio Tinto completes Kemano hydropower project
Rio Tinto has commissioned a second tunnel to carry water into the Kemano Powerhouse in British Columbia, Canada, marking completion of the 960MW Kemano T2 hydropower project. The new 16km tunnel was filled up with water and produced its first megawatt of electricity in July 2022 after its construction was completed in May 2022. Both T1 and T2 are now operating together, ensuring the long-term reliability of the power supply for Rio Tinto’s BC Works aluminium smelter in Kitimat and neighbouring communities.