Petra Diamonds (GB:PDL) has released an update.
Petra Diamonds has inked long-term Power Purchase Agreements with Etana Energy for renewable energy supply to its South African mines, aiming to reduce greenhouse gas emissions by 35-40% by 2030, a target they expect to meet well in advance. The move is part of Petra’s broader sustainability strategy and also expected to bring cost savings in energy expenditure. Etana Energy will provide wind and solar energy via the existing grid, contributing to both economic and environmental benefits for Petra and its stakeholders.
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