Re­new­ables cut­ting costs in min­ing

The Australian Mining Review - - NEWS -

RE­NEW­ABLE en­ergy tech­nolo­gies are low­er­ing costs for min­ers by up to 50 per cent, ac­cord­ing to new re­search from Deloitte.

In its Re­new­ables in Min­ing: Re­think, Re­con­sider, Re­play re­port Deloitte ex­plores the role of re­new­ables in min­ing, where en­ergy is one of the big­gest ex­penses – about 30 per cent of to­tal op­er­at­ing costs.

“Our anal­y­sis shows that hav­ing an ef­fec­tive en­ergy man­age­ment pro­gram in place, and with re­new­ables a ma­jor com­po­nent of this, min­ers can sub­stan­tially re­duce their en­ergy costs – by up to 25 per cent in ex­ist­ing op­er­a­tions and 50 per cent in new mines,” Deloitte min­ing leader David Cor­mack said.

Mr Cor­mack said this in­volved a will­ing­ness to re­think op­er­a­tional pro­cesses; for ex­am­ple in­stalling mo­bile re­new­able so­lu­tions that could be dis­man­tled and moved to other sites af­ter a project closes.

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