Platinum group metal (PGM) producer Northam has finalised a power purchase agreement (PPA) with an independent power producer (IPP) to supply wheeled electricity from the 140 MW Karreebosch Wind Farm, on the border of the Northern Cape and the Western Cape, to provide energy to its PGM operations in Limpopo and the North West. This is the second significant renewable-energy deal for Northam, following the finalisation of a PPA in respect of an 80 MW solar power plant to service its Zondereinde mine, as announced in October 2024.
