Anglo American will use renewable energy at its Brazilian iron ore and nickel operations, and at other operations in Chile and Peru
Anglo American has already secured renewable energy to meet all its energy needs for its iron ore and nickel operations in Brazil, starting in 2022, and for its copper operations in Chile, starting in 2021. Anglo American American signed an agreement with Engie Energia Perú to supply renewable energy for the copper operation in Peru, which is expected to start production in 2022.
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President of Anglo American highlights the importance of being at the forefront of new projects in the renewable market
Second Tom McCulley, CEO of Anglo American Peru, copper plays a critical role in enabling the global transition to a low-carbon economy, so it is important for Anglo American's new world-class copper mine in Peru to take the lead the way, minimizing your own carbon.
The combination of higher precision technologies from the company's FutureSmart MiningTM program, which target higher precision with reduced water, energy and capital intensity, and renewable energy, are changing the very nature of mining.
It is the company's duty to produce the metals and minerals society needs with the greatest responsibility that current technologies allow, while continuing to strive, together with its business partners, to further improve its performance.
Providing renewable energy to power its operations in South America marks another step towards the company's 2030 GHG reduction target of 30%, which is embedded in its Sustainable Mining Plan and towards its commitment to being neutral in carbon by 2040, adds Anik Michaud, Group Director Corporate Relations and Sustainable Impact at Anglo American.
Anglo American in Brazil
Due to the great complexity of the Brazilian mining industry, Anglo American has been facing many bottlenecks with regard to iron ore in Minas-Rio, but after a difficult season, the mining company is now preparing to invest a considerable amount (US$ 330 million) in the Brazilian mining industry.
The miner's iron ore operations have large amounts of high-quality resources at sites in Brazil. Minas Rio, with iron ore operations in Brazil, is located in the states of Minas Gerais and Rio de Janeiro. It is a fully integrated iron ore export operation.
In addition to iron ore, the mining company also works with nickel, which makes up around 8% to 10% of stainless steel. Popularly known, one can even highlight nickel as the top five among the most typical elements of the earth. It is estimated that the known reserves will last another 100 years. Nickel is used to make other alloys with special properties. Here in Brazil, nickel has been used mainly in the chemical corrosion industry and for chrome plating in electronic products.
Renewable Energy as a priority for companies
By opting for renewable energy in their activities, companies are making a decisive contribution to the so-called energy transition, which aims to reduce carbon emissions, that is, helping to curb climate change around the planet.
Renewable energy has become increasingly cost-effective in recent years, according to a Global Trends report.
According to data from the Global Trends report, in 2019, renewable energies such as biomass, solar, wind and geothermal accounted for 78% of the amount of distributed generation.
