MTX
MEMTX
MTX - Metorex Limited - Metorex Carbon Footprint Report
METOREX LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1934/005478/06)
Share code: MTX
ISIN: ZAE000022745
Issuer code: MEMTX
("Metorex" or "the Company" or "the Group")
METOREX CARBON FOOTPRINT REPORT
Metorex commissioned a Corporate Carbon Footprint ("CCF") analysis to
establish a baseline of energy usage and greenhouse gas emissions. The
Group CCF, which was compiled according to greenhouse gas protocol guidance,
showed total greenhouse gas ("GHG") emissions of 39 627 tons of CO2-
equivalent for 2010. The highest contributing site is Ruashi in the
Democratic Republic of Congo ("DRC"), and the highest contributing energy
source is that of the consumption of diesel fuel on mining sites. The use
of hydro-power electricity from the DRC and Zambian power grids provides a
relatively clean source of electricity. In line with global reporting
standards, scope 1 emissions (direct on-site emissions) contribute 65
percent towards the total emissions, scope 2 emissions (indirect emissions
from electricity consumption) contribute 3 percent, and scope 3 (other
emissions from material transport and business travel) contribute 32
percent. The full report is now available on the Metorex website at
www.metorexgroup.com.
Terence Goodlace, CEO, said: "The release of the Metorex Carbon Footprint
Analysis Report provides the baseline from which the Group will monitor
emissions and develop improvement plans with a firm basis for developing
action plans to reduce carbon emissions."
Johannesburg
9 May 2011
For further enquiries please contact:
Metorex CEO, Terence Goodlace Tel: 011 215 4000
CFO, Maritz Smith
College Hill Jacques de Bie Tel: 011 447 3030
Sponsor One Capital
Date: 09/05/2011 14:17:41 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
