Mining industry on track to meet decarbonization targets, say analysts

Mining News Pro - The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose and performance with Partners in Performance.

Rio Tinto, Ford to develop battery, low-carbon materials supply chain

Mining News Pro - Rio Tinto and Ford Motor Company have signed a non-binding global memorandum of understanding (MOU) to jointly develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles.

Teck tests carbon capture use and storage at Canadian operations

Mining News Pro - Teck Resources, Canada’s largest diversified miner, has set a carbon capture utilization and storage (CCUS) pilot project at its metallurgical complex in southern British Columbia.

Trudeau’s energy chief unveils low-carbon industrial strategy

Mining News Pro - Canada is launching an industrial strategy for its natural resources, with critical mineral infrastructure, hydrogen production and other low-carbon projects set to be a major focus.

China’s crucial role in decarbonising the global steel sector

Mining News Pro - As the world’s top steel producer, China must step up to reduce the sector’s emissions and lead on greening the industry, write E3G analysts

Delta CleanTech, Muskowekwan First Nation partner on carbon capture blockchain project

Mining News Pro - Calgary-headquartered Delta CleanTech is planning to launch a multi-million dollar carbon credit blockchain initiative with Canada’s First Nations communities.

Can mining clean up its carbon footprint?

Mining News Pro - Mining remains one of the most energy-intensive industries in Australia. Can the industry clean up its carbon footprint?

MKS PAMP first precious metals refinery to set SBTi-approved carbon emissions reduction targets

Mining News Pro - MKS PAMP, provider of financial and physical trading services and precious metals refinery, announced Wednesday that it is the first precious metals company in the world to have SBTi approved carbon emissions reduction targets, committing to a 1.5°C emissions reduction in line with the Paris Agreement.

Canada, industry in talks to cement future carbon price hikes

Mining News Pro - The Canadian government is in talks with heavy industrial emitters about ways to ensure Ottawa’s planned carbon price increases will remain in place even if Prime Minister Justin Trudeau’s Liberal government is voted out of power.

Carbon-neutral biosurfactants may help boost mineral extraction from low-grade ores

Mining News Pro - Cleantech company Locus Fermentation Solutions announced the launching of a new mining operating division whose focus will be on developing and commercializing carbon-neutral biosurfactant additives to boost mineral extraction from low-grade ores.

Austria’s Brixlegg launches low-carbon copper, seeks premium

Mining News Pro - Montanwerke Brixlegg AG aims to charge a premium for its copper, which has the lowest carbon footprint in the industry, an executive of the Austrian company said on Wednesday.

Committing to carbon neutrality, venturing into forward-facing commodities is miners’ way to stay in business

Mining News Pro - Cutting their own emissions is the most effective way for miners to respond to climate change, White & Case’s annual Mining & Metals Survey found.

DOE backs Rio Tinto led investigation into carbon storage at Minnesota nickel project

Mining News Pro - The U.S. Department of Energy has awarded $2.2 million in funding to a team led by Rio Tinto (ASX: RIO; NYSE: RIO) to investigate carbon storage potential at the Tamarack nickel project in Minnesota. The project is a joint venture of Rio Tinto (81.5%) and Talon Metals (TSX: TLO) (18.5%). The advanced exploration project is located about 85 km west of Duluth.

Teck chooses Caterpillar to decarbonize haulage fleet

Mining News Pro - Teck Resources has announced an agreement with Caterpillar to work towards deploying 30 of Caterpillar’s zero-emissions large haul trucks at Teck mining operations.

China vows to cut carbon emissions from aluminum smelters by 5% by 2025

Mining News Pro - China pledged to cut carbon emissions from aluminum smelters and reduce steel capacity under a five-year plan that adds some details on Beijing’s drive to reshape heavy industries.

Large commodity customers to lean towards low-carbon emitters

Mining News Pro - Following international climate change commitments to reduce carbon emissions subscribed at the COP26, large consumers of commodities are examining the plans that mines have in place to cut their emissions – as well as the progress to date that might suggest how successful these plans will be.

Carbon brakes aluminum supply response to booming prices

Mining News Pro - China, the world’s largest aluminum producer, is still running short of primary metal.

Anglo American sets sights on carbon neutral shipping

Mining News Pro - Anglo American is targeting carbon neutrality across its controlled ocean freight activities by 2040, with a 30 per cent reduction in emissions by 2030.

Biden’s carbon-capture plan hands lifeline to coal plants

Mining News Pro - Coal-fired power plants would be eligible for billions of dollars in extra tax breaks under President Joe Biden’s economic legislation if they install carbon-capture systems, an incentive that environmental groups say may delay the retirement of dozens of facilities.

Europe’s magnesium crunch poses another carbon conundrum

Mining News Pro - Magnesium is not what most people think of as a critical mineral.

South Africa needs to ramp up critical minerals exploration as world decarbonises

Mining News Pro - The South African mining sector can remain internationally competitive and support socioeconomic development only if it drives decarbonisation and adapts to the global shift in commodity demand towards minerals used in green sectors such as renewable electricity and electric vehicles (EVs), a new study shows.

How the decarbonization megatrend is disrupting mining investment

Mining News Pro - The mining and metals sector will see sweeping changes from the transition to a low carbon economy out to 2030, says market analyst Fitch Solutions in its latest industry report.

‘Just Transition Transaction’ can unlock fiscal space for South Africa’s low-carbon shift

Mining News Pro - A Just Transition Transaction (JTT) that enables South Africa to secure highly concessional finance from rich countries in return for accelerated decarbonisation would help create the fiscal space required to take such a programme forward, a new Meridian Economics study asserts.

ABB launches solutions for zero-carbon mining

Mining News Pro - Global technology company ABB has released a portfolio of solutions that will help accelerate the move towards a zero-carbon mine.

Anglo American looking at a range of decarbonising technologies

Mining News Pro - Diversified miner Anglo American will be making use of a range of technologies to reach its target of zero emissions by 2040.

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