Aiming to be Carbon-Neutral by 2050, Teck Signs AES for Renewable Energy in Chile

Aiming to be Carbon-Neutral by 2050, Teck Signs AES for Renewable Energy in Chile

Teck Resources has signed a long-term power purchase agreement with AES Corp for the supply of 118MW of renewable energy to the Quebrada Blanca Phase 2 (QB2) copper mining project in Chile.

The renewable energy agreement will be effective January 2022 through October 2042 and will account for more than half of QB2’s total operating power requirement, according to International Mining.

As a result of the replacement of fossil powered fuel sources, greenhouse gas emissions at the mine will reduce by approximately 800,000 tonnes annually.

Don Lindsay, President and CEO of Teck, said: “Switching to renewable power for QB2 is part of Teck’s ongoing work to reduce emissions, achieve carbon neutrality across our business and support global action on climate change. This agreement secures reliable, long-term power for our major copper growth project at no additional cost, while helping to reduce our environmental footprint.”

The signing of the PPA coincided with Teck’s announcement of its goal to become carbon neutral by 2050.

QB2 will receive renewable power from AES’s portfolio of wind, solar, and hydro resources. AES is currently constructing the largest renewable capacity in Chile.

Read the INTERNATIONAL MINING article HERE.

Image Source of Quebrada Blanca Copper Mine: CisionPR Newswire



2020-02-04T19:11:41+00:00

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