The recent 18% surge in commodity prices over the past seven months is set to help South Africa’s (SA) mining giant Impala align with the G20’s strategic objectives.
This is according to its newly appointed Chief Executive Officer, Moses Motlhageng.
Speaking ahead of the global summit scheduled to take place in Johannesburg, Gauteng Province, SA, Motlhageng noted that the company is emerging from two challenging financial years marked by declining demand and mounting cost pressures.
The improved market conditions will enable Impala to refocus on the G20 priorities of decarbonisation, digitalisation, and renewable energy adoption.
Motlhageng expressed hope that the upcoming G20 Summit in SA will address key issues that have negatively impacted the mining sector.
–SABC–
