AECI CEO on innovative power solutions to drive sustainable mining
CNBC Africa is joined by Mark Kathan, CEO, AECI Mining Explosives to talk about innovative power solutions to upgrade mining operations.
Tue, 10 May 2022 16:48:43 GMT
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AI Generated Summary
- Maintaining operational continuity during the pandemic has been a priority for AECI, with over 90% of the workforce remaining at work.
- Addressing infrastructure challenges such as power and transportation is crucial to unlocking the full potential of the mining industry in South Africa.
- AECI's focus on environmental sustainability includes investments in solar farms, water recycling plants, and green energy solutions like the mobile charging unit.
Mark Kathan, the CEO of AECI Mining Explosives, recently sat down with CNBC Africa to discuss the innovative power solutions that are driving sustainable mining practices. Kathan provided insights into the challenges the mining industry has faced over the past two years, particularly in light of the COVID-19 pandemic. Despite the difficulties, AECI has managed to keep over 90% of its workforce operational throughout the pandemic, maintaining high spirits within the company. While interactions with customers have primarily been online, Kathan highlighted the positive energy and engagement that has been experienced during in-person meetings. The recent attendance at industry events in Cape Town has exceeded expectations, signaling a renewed sense of optimism within the sector.
The conversation then shifted towards the critical role that mining plays in South Africa's economy and the challenges hindering its growth. Kathan emphasized the need for addressing fundamental issues such as power and transportation infrastructure to unlock the industry's full potential. He acknowledged the efforts of the government in recognizing the importance of mining but stressed the urgency of resolving key obstacles to foster sustainable growth.
Kathan delved into AECI's commitment to environmental sustainability and outlined the company's initiatives towards cleaner and greener operations. AECI has invested in solar farms at its sites in Modderfontein and Sasolburg to reduce reliance on traditional energy sources. Additionally, AECI's sister company, AECI Water, has implemented a water processing plant to recycle and reuse water, minimizing the need for potable water. In the realm of mining explosives, AECI has introduced a mobile charging unit powered by green energy batteries, marking a significant shift from diesel-powered units.
The discussion touched upon AECI's position as the leading explosives manufacturer on the continent and its pivotal role in driving innovation in the sector. Kathan highlighted the collaboration with technical partners to develop cutting-edge solutions like the mobile charging unit, showcasing AECI's commitment to advancing sustainable mining practices.
The interview concluded with a reflection on the recent visit of the US undersecretary of state to the mining indaba, signaling growing international interest in Africa's mining industry. Kathan emphasized the importance of engaging with global stakeholders to bolster environmental, social, and governance (ESG) initiatives in the mining sector and pave the way for a more sustainable future.
As AECI continues its trajectory towards sustainable mining practices and renewable energy solutions, Kathan's insights shed light on the evolving landscape of the mining industry and the imperative of embracing innovation for long-term sustainability.