Continuing a spate of new global enrolments, the World Coal Association (WCA) today welcomed South African mining investor, Menar, to its roster of progressive coal members.
On the sidelines of Mining Indaba in Cape Town, WCA CEO, Michelle Manook, formalised Menarâ€™s WCA membership with Menar Chairman, Mpumelelo Mkhabela, and Menar Managing Director, Vuslat Bayoglu, saying coal was entering a new age of abatement which would ensure that coal survives and thrives for decades to come.
â€œWorld events have shown how special and indispensable all energy resources are – especially coal. We canâ€™t afford to gamble on singular nor secondary energy solutions when reliable, affordable, abated fuels resources are available.
â€œCoal has entered a new and future age of abatement which allows up to 99 per cent of all coal emissions to be eliminated through technologies and processes which can deliver Paris targets and prosperity. Our members know this and want to share that commitment to energy excellence.â€
WCA Chairman, July Ndlovu says the world has been plagued by a plethora of unprecedented energy challenges and it is clear that these are not going away anytime soon.
â€œWe desperately need energy security in an insecure world. If the past year has taught us anything itâ€™s that coal remains is one of the best placed fuels to provide the energy security and sustainable strength that the world needs.
â€œWith the wide sweeping clean technology available and a new breed of coal participants like Menar signing on to an abated coal future, we are in a good position to create a reliable, resilient energy system which uses coal to deliver economic development, climate change goals, and truly sustainable development outcomes.â€
Mr Mkhabela said that as a private investment company with a growing portfolio of diverse mining assets. Menar has a demonstrable commitment to skills and enterprise development, local procurement and employment.
â€œWe understand coalâ€™s need to transform alongside the need to keep economies developing and peoplesâ€™ lives improving. Coal is the bridge between all sustainable outcomes.â€
Menar Managing Director, Vuslat Bayoglu, says the good coal story is too often overlooked and this needs to be rectified. Coal remains the mainstay of steel production which creates wind turbines, solar panels, and battery storage which underpin renewable energy.
â€œI have said on numerous occasions that until countries can manufacture steel, cement and aluminium without coal, we need to be practical and accept coalâ€™s current contribution to a decarbonised future.
â€œLooking forward, we want to be part of a fully abated coal future where participants across the whole coal value chain are playing their part to eliminate emissions, increase economic value and create sustainable social capital. That future needs to be better understood and that is why we are joining the WCA and its alliance of like-minded members committed to Future Coal.â€
Ms Manook says Menar joins Seriti as a new South African WCA Member committed to modernising coal as a multifaceted, abated fuel of the future.
(Left to Right – WCA Chairman July Ndlovu, WCA Director of Business Development and Membership Daleen Lopez-Ruiz, Chairman of Menar Mpumelelo Mkhabela, and Menar Managing Director Vuslat Bayoglu.)