mining

Tharisa gets first renewable power batch from Etana Energy

South African miner Tharisa began receiving wind power via the grid from Etana Energy, covering about 10% of its mine's monthly electricity demand.

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what happened

Tharisa plc said its operating subsidiary, Tharisa Minerals, received its first wheeled renewable electricity from Etana Energy in September 2026. The power is transmitted through the national grid and comes from a wind farm in Mpumalanga.

The initial supply is expected to cover roughly 10% of the Tharisa Mine's current monthly electricity demand. Under a long-term power purchase agreement signed in July 2024, Etana Energy is forecast to supply about 70% of demand, with wheeled solar starting in Q1 2027.

why it matters

The news mainly concerns the company's energy costs and emissions goals rather than commodity markets. For investors in platinum group metals and chrome, the effect is small: lower power costs could modestly support margins, but the scale is limited for now. The company says its planned underground project will double electricity demand, so it is preparing to buy additional renewable supply.

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Tharisa

sources

  1. REG - Tharisa PLC - Tharisa secures early renewable energy from Etana — Reuters, 20 October 2026 at 06:00 UTC
  2. Tharisa Secures Early Wheeled Renewable Energy Supply From Etana Energy — Reuters, 20 October 2026 at 06:30 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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