Sibanye-Stillwater, a multinational mining and metals group with a diverse portfolio of projects and investments across five continents, and Savant Venture Fund, a leading sustainable technology and engineering investment firm, are proud to announce their strategic investment in BurnStar, a pioneering South African clean hydrogen company. This collaboration marks a significant milestone in South Africa’s journey toward a sustainable energy future, centered around the production of Guilt–Free (Turquoise) Hydrogen™.
BurnStar is at the forefront of South Africa’s hydrogen transition, leveraging its cutting-edge patented liquid metal reforming process for the production of hydrogen. This innovative technology allows BurnStar to convert Methane, LNG, or LPG feedstock through methane pyrolysis into high-purity hydrogen, with near-zero carbon dioxide emissions. As a result, BurnStar is paving the way for a more sustainable, low-carbon hydrogen future.
Sibanye-Stillwater, whose vision is to safeguard global sustainability through their metals, recognises the opportunity of hydrogen as a clean energy source to drive the decarbonisation of high-emitting and hard-to-abate industries. Through Sibanye-Stillwater‘s iXS programme, Powered by Savant, the investment into BurnStar reinforcesits dedication to global sustainability and supports South African innovation that has global application.
Savant Venture Fund, with its focus on investments in transformative technologies, sees BurnStar’s innovative approach to clean hydrogen production as a game-changer in the global energy landscape. This investment underscores Savant Venture Fund’s mission to accelerate the adoption of sustainable technologies.
“We are thrilled to be investing in Johan Brand and his team as they commercialise what we believe to be a world leading technology in clean hydrogen production. The BurnStar solution has strong commercial promise in both industrial processing application and clean energy storage. This investment will demonstrate the first step towards paving the way for guilt-free hydrogen™ applications both locally and internationally!” – Francois Malan, Partner at Savant.