Kumba fast-tracking solar, customising green hydrogen, sees good lump premium prospects

South Africa’s major iron-ore producer and marketer Kumba Iron Ore is fast-tracking solar power permitting and looking to wind energy, it is discussing the use of green hydrogen with particularly European customers, and it foresees relatively strong iron-ore prices continuing in the short term as well as good premium prospects for its lump ore, which makes up two thirds of Kumba production. On the company’s renewable energy generation plans, new Kumba CEO Mpumi Zikalala said in response to Mining Weekly during a media briefing: “We’re currently busy with the permitting phase of our 60 MW to 80 MW plant.

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