New CE Walter Ballindino got good marks for announcing that co-generation is a way to avoid power cuts, and Highveld has two such projects at the planning stage. The company's production was badly hit by Eskom's failures in January. Ballindino has also said Highveld's previous owner, Anglo American, neglected the steel producer and had not made the necessary investments, starving it "to death" - so expect more investment. During the year long-serving chairman Leslie Boyd died.