RBM Secures 230MW Wind Power Deal

February 17, 2025 • Estimated Reading Time: 2 minutes

Key Figures & Findings:
Richards Bay Minerals (RBM), a subsidiary of Rio Tinto, has signed its third power purchase agreement (PPA) to secure an additional 230MW of wind energy. This deal strengthens RBM’s efforts to transition toward renewable energy, aligning with South Africa’s decarbonization goals. The agreement will provide a more stable power supply for RBM’s mineral extraction and processing operations in KwaZulu-Natal, reducing reliance on Eskom.

Statistics & Insights:
RBM has now secured over 500MW of renewable energy through multiple PPAs. The latest wind project is expected to significantly lower the company’s carbon emissions and ensure long-term energy reliability.

Future Implications:
RBM’s increased investment in renewables could reduce operational costs while improving its sustainability credentials. The project, which is expected to be operational by 2027, marks a significant step in South Africa’s mining sector’s energy transition.