Pan African continues to advance its sustainability initiatives, focusing on renewable energy and water management. The company is on track to achieve a 15% renewable energy mix by FY27, in compliance with its sustainability-linked bond framework. Additionally, Pan African has concluded a 10-year 40MW AC Power Purchase Agreement (PPA) with NOA Group, delivering 389MWh of electricity per annum at steady state. The agreement may be extended to 15 years at the option of the Group, expected to save more than US$1.4 million per year in municipal water use costs.
Material actions and disclosures
During FY26, Pan African made significant progress on water management, with the successful commissioning of a 3ML/day water treatment plant at Evander Mines in June 2026. This plant produced 875.4ML of potable water, resulting in significant cost savings and a reduction in water withdrawals from municipal sources.
Furthermore, the company has commenced construction of a 6.3MW solar PV plant at Tennant Mines, which is expected to provide first power by February 2027. This facility will be combined with a 6.84MWh battery electric storage system (BESS) to enhance operational resilience and reduce diesel usage.
Forward commitments
Pan African aims to achieve water security at all operations and enhance stakeholder engagement and employee wellness. The company also plans to continue integrating sustainable development into its business strategy and operations, with a focus on climate change, biodiversity management, and artificial intelligence.