Rio Tinto inks renewable power purchase deal for Gladstone operations

Rio Tinto Ltd has signed a renewable power purchase agreement with specialist renewable energy firm Windlab to buy the majority of electricity from its planned 1.4 giga-watt (GW) wind energy project in Queensland, the miner said on Wednesday.

China’s copper premium spikes on demand from renewables industry

Mining News Pro - China’s copper market is tightening with premiums over exchange prices spiking as better-than-expected demand from electric vehicles, solar panels and the power industry draws down inventories.

Solar money in China drives world renewable investment to record

Mining News Pro - The world is spending more money than ever in renewable energy, most of it on solar power in China, according to a report from BloombergNEF.

Renewable-energy analysis startup Orennia raises $19 million in funding

Mining News Pro - Orennia Inc. has raised C$25 million ($19m) in a funding round that its CEO says could allow the green-energy analysis startup to double in size over the next 12 months.

German coal miners under fire for unfair edge in renewables push

Mining News Pro - Less than a year after German coal giant LEAG unveiled plans to transform its open-cast mines into wind and solar farms, concerns are mounting that it and other lignite miners are exploiting an unfair advantage in the country’s race to go green.

Renewables growth did not dent fossil fuel dominance in 2022

Mining News Pro - Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry’s Statistical Review of World Energy report said on Monday.

BHP trials renewable fuel at Yandi iron ore operations in Western Australia

Mining News Pro - The world’s biggest miner, BHP said Thursday it is trialling the use of Hydrotreated Vegetable Oil (HVO) to help power mining equipment at its Yandi iron ore operations in Western Australia.

BHP lifts steel consumption forecast on surging demand from renewable power farms

Mining News Pro - BHP Group Ltd lifted its long-term demand forecast for steel as a global shift towards the decarbonization of power generation will boost requirement of the commodity, the world’s largest listed miner said on Monday.

Australia’s renewable energy ambitions dwarfed by coal

Mining News Pro - One of the refrains of the environmental lobby is that Australia is extremely well-placed to become a renewable energy superpower, and that this will replace the loss of revenue from coal and natural gas exports.

US renewables investors see Senate bill sparking a gold rush

Mining News Pro - For the first time, investors seeking to pour cash into US clean energy projects can count on at least a decade of generous federal subsidies, offering them long-sought confidence in the staying power of the world’s third biggest renewables market.

Cost reductions for renewables may stall in Australia

Mining News Pro - Cost reductions for renewable energy are likely to be put on hold for the next year in Australia due to inflation and supply chain disruptions, a recent report by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) shows.

Gulf widens between fossil fuels, transition to renewable energy

Mining News Pro - Even before Russia invaded Ukraine, shocking oil and natural gas markets, an energy crisis had already been brewing in Europe – a crisis that was somewhat self-induced.

Australian mining billionaire to invest $2.2bn in renewable energy project

Mining News Pro - Australian iron ore magnate Andrew Forrest, who’s been betting big on a global green revolution, said on Sunday he was investing A$3 billion ($2.2 billion) in renewable energy in central Queensland.

Rio Tinto ramps up Tassie renewables

Mining News Pro - Rio Tinto has partnered with the Tasmanian Government to investigate the development of new industries and boost the resources sector’s contribution to the state’s economy.

China’s renewables boom year poses major challenges to western markets

Mining News Pro - China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie, a Verisk business.

Biggest Australia coal plant to shut early as renewables surge

Mining News Pro - Australia’s biggest coal-fired power plant is set to close seven years early, the latest fossil fuel retirement prompted by a surge of renewables that have driven down electricity prices.

Operating coal-fired power plants more expensive than switching to renewables

Mining News Pro - Generating electricity from solar power is cheaper than doing so through coal-fired power plants, a new article published in the journal Energy and Environmental Materials states.

Adoption of renewables still too slow to limit climate crisis

Mining News Pro - Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050, the International Energy Agency said on Wednesday.

Gold Fields eyes renewables at St Ives

Mining News Pro - Gold miner Gold Fields is looking at electrification options for its St Ives gold project, in Western Australia, to incorporate renewable energy.

Northern Star looking at renewables

Mining News Pro - Gold miner Northern Star Resources will be looking at a number of renewable energy options at its projects to offset its greenhouse gas (GHG) emissions to reach its target of net-zero GHG emissions by 2050.

Western Australia plans world’s biggest renewable energy hub

Mining News Pro - An international consortium plans to build what would be the world’s biggest renewable energy hub along the south coast of Western Australia.

In the cost war, renewables are winning battles against fossil fuels

Mining News Pro - A new report by the International Renewable Energy Agency states that in the past 10 years, clean energy has not only started seriously competing with fossil fuels but has significantly undercut them when new electricity generation capacity is required.

Torex makes first foray into renewable energy at its mines

Canada-based intermediate gold producer Torex Gold on Thursday announced that it would build a new 8.5 MW solar plant at its Morelos property, which includes the El Limon Guajes mine and Media Luna project, in Mexico.

Carbon emissions set to surge in 2021 as coal rebound eclipses record renewables growth

Mining News Pro - Global energy-related carbon dioxide (CO2) emissions could surge by 1.5-billion tonnes in 2021 to 33-billion tonnes, reversing most of last year’s decline caused by the Covid-19 pandemic, as rebounding coal demand in the electricity sector more than offsets record renewables deployments.

Anglo American inspires rise in renewables

Mining News Pro - Anglo American has secured 100 per cent renewable energy for its South American mines, as the company flags the industry importance of renewable energy in its path towards carbon neutrality.

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