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Mashudu Ramano is the Man With a Platinum Plan
In little more than a week from now, the Chamber of Mines will unveil the new platinum fuel cell attached to its headquarters in the Johannesburg CBD.
Behind the company responsible for this is Mashudu Ramano, the former chairperson of Airports Company South Africa (Acsa).
He is now the director of Mitochondria Energy Company, an “energy solutions” enterprise partnering with foreign companies to introduce platinum fuel cells into South Africa for a variety of applications.
The Chamber of Mines project is backed by the department of trade and industry, the Industrial Development Corporation and Egoli Gas, which will supply the gas for the fuel is also being sponsored by the chamber’s major platinum-mining members.
Finding a commercially viable platinum-based fuel cell technology is something of a Holy Grail for South Africa, which is home to about 80% of global platinum reserves.
If the technology takes off, it will