BHP, the biggest mining company in the world, will use only renewable energy for its copper mines in Chile starting in the mid-2020s. The company entered separate renewable energy contracts for its giant Escondida and Spence mines. It signed 15-year contracts for 3Terawatt hours per year (TWh/year) with ENEL Generación Chile and 10-year contracts for 3TWh/year Read More
The biggest mining names in Chile are tying up long-term renewable energy supply arrangements as power needs trend higher. Here are statistics that show the importance of mining in Chile. The country is the world’s number one producer of copper, iodine, molybdenum, and rhenium, and the #2 producer of lithium. Mining contributes 10% to Chile’s GDP, Read More
Escondida, BHP’s massive copper mine in Chile, will switch completely to renewable sources of energy, according to the company’s chief external affairs officer Geoff Healy. The 1.2 million tonne Escondida operation currently relies on gas for its energy requirement. One of the world’s largest copper mines, it produces approximately 20% of the global copper concentrate supply. Read More
Vince Peckham Via: Mining.com Chile's state-owned copper giant Codelco's announcement today of another round of layoffs is just the latest sign of an industry under stress. Copper has recovered from six-year lows struck late August on the back of supply cuts by major producers but at around $2.30 a pound or $5,000 per tonne on Tuesday Read More
