Australia’s coal industry could lose $US25 billion ($32 billion) per year if coal mines become stranded assets in response decarbonisation targets, researchers from Imperial College Londo, Queen Mary University of London and Deloitte have found.
Anglo American chairman Stuart Chambers has flagged that mining companies have raised their environmental, social and governance (ESG) expectations.
Rio Tinto has secured a gas supply agreement with Santos, who will supply 15 petajoules of natural gas to the miner from late 2021.
Australia’s Prime Minister Scott Morrison is determined to push the country towards a net zero economy by 2050 without sacrificing “traditional industries in regional Australia”.
Power supply might be what energy companies are known for, yet in 2021 the world’s leading mobile power provider Aggreko also wants to be recognised as an investor in life-of-mine projects.
Glencore intends to focus on investing in transition metals including copper, cobalt and metals for a low carbon future as the company transitions to a new executive leadership.
Industry leaders including BHP and Gold Fields reinstated their pledge towards the International Council on Mining & Metals’ (ICMM) innovation for the cleaner, safer vehicles (ICSV) initiative at IMARC 2020.
Australian Potash is set to deliver the country’s lowest carbon emitting potash project at its Lake Wells operation in Western Australia.
BHP plans to reduce scope two emissions at its Queensland coal mines by 50 percent in the next five years.
BHP has reformed its approach towards climate action and encouraged industry bodies to follow suit.
The University of Sydney has released a report that maps out how Australia’s copper mining operations can target zero emissions within the next 30 years.
Rio Tinto’s annual general meeting has revealed an increase in shareholder votes that encouraged the company to set scope three emissions target.
Only two of the 10 largest mining companies are on track to limit climate change to two degrees Celsius, according to the Transition Pathway Initiative (TPI).
Glencore has greeted 2020 with a steep decline to its Australian coking coal production, but its thermal coal portfolio offset the blow.
BHP, Fortescue, Anglo American and Hatch have established a green hydrogen consortium to tackle the mining industry’s carbon emissions.
Queensland has missed out on a multi-billion dollar addition to its resources and energy industry due to bans on uranium mining, according to the Queensland Resources Council chief executive Ian Macfarlane.
Caterpillar has released the AD45 mining truck for underground hard rock mining, which is available in configurations to meet the strictest emissions standards.
Renewable energy and mining go hand in hand and will play a vital role in the climate and emission changes facing every business.
The Cat 797F ultra-class mining truck has become available in a fuel-efficient configuration that meets US EPA Tier 4 Final emissions standards.
BHP is trialling light electric vehicles (LEVs) at the Olympic Dam mine in South Australia.