Footprint of sourcing aluminium, lithium and others will be ‘a fraction’ of fossil fuel emissions but sustainability must become compass, says report as world eyes renewably-powered COVID recovery.
Deal touted as "largest solar contract" ever signed in Brazil will support development of 330MW PV plant in southeast of country, set to power miner's nickel and iron operations.
Miner will spend US$1 billion on "climate-related" projects over the next five years in order to reach a 15% reduction of emissions by 2030 and "net-zero" emissions by 2050.
EDL's two-phase Agnew mine project is the latest and largest development in a series by Australian miners tapping into solar in a drive to cut emissions and power costs.
The project will be contracted to Coal India Ltd's subsidiary South Eastern Coalfields Ltd for 25 years, and help the coal major reach its national aim of becoming a "net-zero energy company."
Plans for consortium-sponsored 600MW complex and separate 500MW partnership with mining group looks set to boost momentum in one of Europe’s PV markets-to-watch.