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Anglo American Platinum to install Primus power energy storage system at Amandelbult Complex

23 April, 2018

Anglo American Platinum announced today that Primus Power, the leading long-duration energy storage provider, will be installing eight EnergyPod® battery systems at their Amandelbult mine, in the Limpopo province, South Africa. The energy storage project at Amandelbult deepens the ongoing partnership between the companies. Having first invested in Primus Power through the Platinum Group Metals Development Fund (PGMDF) in 2014, Anglo American Platinum is both a strategic investor in Primus and a supplier of the platinum group metals (PGMs) used as a catalyst on the titanium electrodes inside the EnergyPod.

The eight EnergyPods will provide Amandelbult with 200 kW of power and 1,000 kWh of energy. These batteries are charged when demand for, and cost of grid electricity, is low. During times of peak, high cost electricity, the charged batteries release stored energy and reduce the mine’s draw from the grid.

The project at Amandelbult also complements recent support received from the U.S. Trade and Development Agency to demonstrate EnergyPod performance, reliability and durability at Eskom, the national utility of South Africa. Anglo American Platinum, Primus and Johannesburg’s SolAfrica are closely cooperating on testing four EnergyPods at Eskom’s large-scale energy storage test facility in Rosherville, Johannesburg.

Andrew Hinkly, CEO of Anglo American Platinum’s PGM Investment Programme, puts the benefits in perspective: “We are very excited to further our partnership with Primus. EnergyPods allow Amandelbult to realize an immediate monthly reduction in electricity costs and an improvement in energy security. Moreover, this project will also lay the groundwork to define future local South African manufacturing and assembly opportunities for the technology.”

“South Africa represents an important growth area for Primus”, states Tom Stepien, CEO of Primus. “Our long duration batteries will save Anglo American money and support their energy security, environmental and socio-economic goals. We look forward to deepening our relationship with them and our other partners in this vital market.”

This initiative forms part of Anglo American Platinum’s work to update the existing Sustainability Strategy and Implementation Plan, which is in response to the Anglo American Group’s Sustainability Strategy, recently launched in March this year. This will see the company build off existing sustainability strategies for each operation, updating them to incorporate a focus on three pillars – Healthy Environment, Thriving Communities, and Trusted Corporate Leader.

For further information, please contact:

Investors Media
Emma Chapman
Tel: (SA) +27 (0) 11 373 6239
[email protected]
Mpumi Sithole
Tel: (SA) +27 (0) 11 373 6246
[email protected]

Notes to editors:

About Primus Power

Primus Power is a California-headquartered provider of low-cost, long-life, and safe long-duration energy storage systems. The company’s flow batteries are shipping to U.S. and international commercial/industrial, data center, microgrid, utility, and military customers. With technical innovations protected by 49 patents in 12 countries, the Company’s EnergyPod systems offer exceptional reliability, modularity, and energy density at an industry-low total cost of ownership. www.primuspower.com.

Primus Power contact: Kellan Draeger, Business Development, +1 (510) 342-7632

About the Platinum Group Metals (PGM) Investment Programme,
Anglo American Platinum’s Platinum Group Metals (PGM) Investment Programme was established in 2013 and sits at the heart of the broader market development undertaken by the Group. The PGM Investment Programme provides early-stage capital and growth capital to companies that can demonstrate the commercial viability of products or technologies that use or enable the use of the company’s metals. The programme also aims to facilitate additional benefits in the form of reliability of PGM supply and long-term pricing benefits as well as exploring the broader Anglo American industrial complex for commercial opportunities.

Anglo American Platinum
Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world’s leading primary producer of platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo American Platinum has a number of joint ventures with several historically disadvantaged South African consortia as part of its commitment to the transformation of the mining industry. Anglo American Platinum is committed to the highest standards of safety and continues to make meaningful and sustainable difference in the development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American
Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world’s developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.

www.angloamerican.com