Anglo American CEO expects jobs galore, clean power from fuel cells

"With platinum at its heart, a fuel cell industry would support South Africa's drive for jobs," Carroll said.

Anglo American is the world's largest producer of platinum, through the JSE-listed Anglo American Platinum. Carroll said that an expert body Anglo American had put to work in London had concluded that hydrogen fuel cells could drive development of a whole new industrial sector in South Africa and provide the country with the opportunity to become a major player in the global green economy.

Addressing a COP17 function, Carroll said that South Africa has an opportunity to profoundly influence the climate change debate. "While much of the talk of climate change is understandably focused on mitigating carbon emissions, Carroll said "we mustn't ignore the huge opportunities that exist in a low-carbon world," adding that, with the appropriate levels of deployment of investment in manufacturing, insulation and maintenance activities, "hundreds of thousands of new jobs," could be created over the next 30 years, Miningweekly.com reports.

Read the full article on www.miningweekly.com.