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Share Name Share Symbol Market Type
Electricite de France EU:EDF Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.212 2.72% 7.996 7.988 7.994 8.002 7.792 7.84 532,595 09:44:13

Anglo American Partners With EDF to Develop Renewable Energy for South African Operations

18/03/2022 7:43am

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By Jaime Llinares Taboada

 

Anglo American PLC said Friday that it has signed a memorandum of understanding with Electricite de France SA to develop a regional renewable energy ecosystem in South Africa.

The mining company said this ecosystem will be designed to meet its power needs in South Africa through the supply of 100% renewable electricity by 2030.

"We are targeting carbon neutrality across our operations by 2040 and we are making good progress. Today's announcement is a further major step towards addressing our on-site energy requirements--the largest source of our operational emissions," Chief Executive Mark Cutifani said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

March 18, 2022 03:28 ET (07:28 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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