Mining companies such as Newmont, Glencore and Eriez Flotation are set to form a consortium to improve the energy efficiency of mineral processing operations.
The most notable trend related to the transition to electric vehicles (EVs) over the last 12 months is the acceleration in electric car sales in Europe.
Fortescue Metals Group has continued to work towards its 2040 net zero emissions target according to the company’s 2020 climate change report.
BHP has reformed its approach towards climate action and encouraged industry bodies to follow suit.
The Australian mining sector is at a ‘transition point’ with concerns over commodity price volatility expected to be amplified, according to KPMG’s Australian mining risk forecast 2020/21.
The Minerals Council of Australia (MCA) has released a climate action plan (CAP) towards achieving net zero emissions globally and in Australia.
Rio Tinto intends to invest $1 billion over the next five years to meet its new climate change targets, but chief executive JS Jacques has stated, “There is no clear pathway right now for the world to get net zero emissions by 2050.”
Researchers from the University of Queensland (UQ) have developed a framework that aims to reduce the mining industry’s impact on climate change.
Despite the fact mining drives 45 per cent of the world’s economic activity, the industry is still seen as one that “takes more than it gives,” according to Anglo American chief executive Mark Cutifani.
BHP shareholders have voted against a plan that would see the mining giant cut its memberships of industry organisations that do not support the goals of the Paris Agreement.
Protest and activism led to the International Mining and Resources Conference (IMARC) in Melbourne hitting global headlines this year.
BHP is continuing to change and improve the way it works with the mining supply chain. But there is a catch.
For suppliers, partnering with a company like BHP is the ultimate goal. And now, BHP’s group procurement officer Sundeep Singh has revealed what it takes to be a supplier for the company.
BHP’s $US400 million climate investment program has set the tone for mining companies to step out of the shadows and face the music.
Renewable energy and mining go hand in hand and will play a vital role in the climate and emission changes facing every business.
BHP will launch a $US400 million ($571.1 million) climate investment program aimed at reducing emissions from its operations and those generated from the use of its resources.
Oil and gas executives are optimistic about company growth within the sector despite threats of cyber security and climate change.
Rio Tinto’s products “have a major role to play in transition to a low-carbon economy”, according to a speech by chairman Simon Thompson.
BHP is set to invest $US6 million ($8.5 million) in Carbon Engineering to support the development of a ground-breaking technology that reduces carbon emissions.
BHP has invested $US6 million ($8.47 million) in Canadian clean energy company Carbon Engineering.