Tronox into a Long-Term Power Purchase Agreement with SOLA Group

Tronox Holdings plc, the world’s leading integrated manufacturer of titanium dioxide pigment, announced that it has entered into a long-term power purchase agreement with the South African independent power producer, SOLA Group, to provide 200 MW of solar power to Tronox’s mines and smelters in the Republic of South Africa.  The Company anticipates the project should be fully implemented by the fourth quarter of 2023.  The announcement is only one example of numerous projects and investments being pursued by Tronox to meet its publicly announced goal to align with a global warming scenario below 2° C and achieve net zero GHG emissions by 2050.   

Switching from coal-based to renewable power in South Africa is just one-way Tronox is implementing innovative technologies and best practices at its operating sites to protect our land, water, air and ecosystems and operate more sustainably.  Tronox is also investing in fundamental research and development to improve its feedstock upgrading and TiO2 production technologies to reduce emissions and developing tangible projects to reduce the amount of solid waste generated and water consumed.  Tronox strives to establish itself as a role model for ESG in the mining and chemical sector. Through continued investment in emission reduction projects, Tronox is strengthening its commitment to sustainability in clear and tangible ways. Tronox Holdings plc is one of the world’s leading producers of high-quality titanium products, including titanium dioxide pigment, specialty-grade titanium dioxide products and high-purity titanium chemicals, and zircon. We mine titanium-bearing mineral sands and operate upgrading facilities that produce high-grade titanium feedstock materials, pig iron and other minerals. With approximately 6,500 employees across six continents, our rich diversity, unmatched vertical integration model, and unparalleled operational and technical expertise across the value chain, position Tronox as the preeminent titanium dioxide producer in the world. SOLA Group is a 100% South African owned vertically integrated independent power producer offering renewable energy solutions to the private and public sector in Southern Africa. Since 2008, SOLA has pioneered the first large commercial solar projects, both on and off grid, first electricity wheeling projects and now with Tronox, the first large scale utility projects for private consumers.  With a track record of over 330MW of operational projects and having developed and been awarded over 1082 MW of solar assets, SOLA is a market leader in financed solutions and power purchase agreements for private off-takers. SOLA’s mission is clear: “to transform Africa through clean energy”. SOLA believes in enabling the private market to play its role in the transition away from fossil fuel-based energy sources. SOLA has offices in Johannesburg, Cape Town and Durban and a presence in five African countries. Using its core staff of 80 highly experienced professionals, SOLA is currently implementing over 1GW of awarded independent power projects for private energy consumers.

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