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A blueprint for a just energy transition
Marcus speaks to Mzila Mthenjane, Head of Stakeholder Affairs at Exxaro Resources, one of the largest coal producers in South Africa.
Mzila joined Exxaro in 2013 after stints at AngloGold, Gold Fields Limited, RMB and Deutsche Bank. In this episode Mzila gives an insight into Exxaro’ journey to transition from a coal base to a minerals and renewable energy solutions business. He speaks about the social and economic implications of ‘just transition’ and the responsibility this bestows on a company like Exxaro in a nation like South Africa, which faces both an energy crisis and an unemployment crisis.
“We have made that declaration that we will not be investing new capital in coal. The assets that we have will continue to have a life of up to about 20 to 30 years.”