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Northam Platinum has expanded its revolving credit facility from R11.3bn to R13.3bn to support a renewable energy program, aiming for over 70% clean energy by 2030. The facility, maturing in August 2027, raises total banking lines to R14.3bn.

Northam plans to accelerate the construction of solar photovoltaic plants and battery storage at its mine sites in Mpumalanga and Limpopo, alongside power purchase agreements with independent producers. This initiative aims to reduce carbon emissions and improve energy security amid rising electricity costs.