Mining giants collaborate with SA government on $1.5 billion water project

Glencore Plc and Anglo American Platinum Ltd. are joining forces with the South African government for a groundbreaking $1.5 billion water project aimed at providing drinking water to major platinum and chrome operations as well as several hundred thousand people. The ambitious project, spearheaded by the Lebalelo Water Users Association, seeks to secure half of the financing from local and international banks by year-end, with the remainder sourced from municipalities and the government. This unprecedented public-private partnership signals a new era of collaboration in South Africa, where neglected water infrastructure is being revitalised through private investment and government support.