Skarn Associates

How are leading mining companies tackling the challenge of #decarbonisation? BHP, one of the world's largest diversified miners, is making significant strides in implementing sustainable mining practices to reach its #netzero goals by 2050. From electrifying its haulage fleet to advancing low-emission technologies in steelmaking and shipping, explore BHP's comprehensive decarbonisation strategy. https://lnkd.in/dmiX9QZB

🎙️ ICYMI, Skarn Podcast: A Conversation with Krunal Desai of First Mode We discussed with Krunal Desai how the industry feels about new technologies like hydrogen fuel cells. Many OEMs, including Komatsu and Caterpillar, have taken a cautious approach, allowing pioneers like First Mode to lead in BEV and hydrogen fuel cell tech. The true impetus however appears to come from mining companies driven by ESG awareness and shareholder pressures. First Mode's work with Anglo American, starting in 2019, demonstrates their strategic entry into the market at a pivotal time, enabling them to drive significant progress. 🔗  Tune in to the full episode https://lnkd.in/dbxscAeh and discover more about First Mode's decarbonisation solutions for heavy industry.

Edition 43 of the Skarn bulletin highlights more of the mining industry's efforts towards decarbonisation and environmental sustainability, including: 🌎 BHP's decarbonisation roadmap with targets for reducing GHG emissions and transitioning to renewable energy sources. 🌏 The need for miners to rethink carbon offset strategies amidst increasing scrutiny and the push for environmental sustainability. 🌍 Power bottlenecks mines may face during electrification, emphasising the need for collaboration for sustainable power management. This edition also covers recent challenges faced by mining companies, including financial losses due to environmental incidents, protests over water extraction, and operational impacts from heavy rains, highlighting the increasing importance of environmental sustainability in the mining industry. https://lnkd.in/eU8sfvRK

As we accelerate towards a net-zero future, the environmental and human rights impacts of electric vehicles (EVs) are becoming increasingly apparent. Global EV sales have surged from 3 million in 2020 to a projected 40 million by 2030, increasing copper demand significantly. By 2040, each EV will contain around 73kg of copper, compared to just 30kg in ICE vehicles. This rise in demand leads to a higher water footprint in copper mining, averaging around 10m³ per EV, which can be up to 6 times the water used in manufacturing the vehicle itself. The new Corporate Sustainability Due Diligence Directive (CSDDD) requires EU car manufacturers to address such issues transparently. Given that much copper is sourced from water-stressed areas, this impact on local communities is significant and must be managed carefully. #waterinmining #watermanagement #energytransition https://lnkd.in/dUP6CSVh

Skarn Associates will be returning to LME Week in 2024. Register your interest and stay up to date as we finalise the details on sustainability themes around the energy transition, GHG emissions and water impacts. #LMEweek

First Mode develops and manufactures decarbonisation solutions for heavy industry partners, dedicated to the clean energy future. With a product mix of vehicle retrofits, that enable diesel hybrid, battery electric, and hydrogen fuel cell systems, they aim to accelerate mining and rail fleets, on their ‘Path to Zero’ emissions. First Mode Vice President of Research and Development, Krunal Desai discusses what a retrofit can mean for mining assets with Skarn Strategy Director Sophie H. Chung, Listen to the full episode here: https://lnkd.in/d867XStY

0.019 tonnes of CO2 equivalent emissions per tonne of zinc production. That metric means that Ivanhoe Mines' Kipushi has the lowest Scope 1+2 GHG emission intensity of any zinc mine globally, thanks to super-high ore grades and a hydroelectric power supply. For more details see Ivanhoe's press release; contact me at Skarn Associates for more details on our ground-breaking GHG and water impact benchmarking services. https://lnkd.in/ej-uHgdD

Excited to announce the release of updates for the Skarn Water Gold and Copper benchmark tools. The updated Skarn Water benchmark tools provide annual water-use and climate data from 2018 to 2023 representing 16.8 million tonnes of global copper and over 55 million ounces of gold production annually.   Skarn Water is unique in benchmarking and contextualising water use performance and the business risks in mining. This is becoming even more important considering the recent global push on disclosure regulations, transparency and environmental product due diligence requirements. Each mining operation has a direct impact through the volume of water it withdraws from and discharges to the local environment, but at the same time may be exposed to production risk due to for example lack of water availability. On average, it takes close to 130 cubic meters of water to produce a tonne of copper, but the top 25% performers only consume 82 cubic meters to do so, while the bottom 25% performers require over 160 cubic meters. In the case of gold mining this difference is even more impressive: evaluating 275 gold mines shows that the bottom 25% performers consume more than 3 times more water than the top 25% to produce the same ounce of gold. Please reach out for more information #mining #gold #copper #water #sustainability #CSDDD World Gold Council International Copper Association Skarn Associates

🌍 Edition 42 of the Skarn Bulletin highlights the pressing need to decarbonise the mining sector. 💡 Discover the positive steps being taken by Lundin Gold Ecuador Fruta del Norte mine as a model of emission reduction through innovation and collaboration. 🌏 Learn more about advancements and challenges in marine transportation, the importance of effective water management, updates on CO2 emissions and renewable energy projects, and the costs of phasing out coal power. 🖥 📱 Download the bulletin here: https://lnkd.in/dzsvbMfR

Skarn were extremely happy to assist Metallurgy Guru, Phillip Mackey for his excellent presentation to the International Nickel Study Group in Portugal, entitled : “Low Carbon Production of Nickel and Other Metals: A Review of Potential New Technological Approaches and the Role of Hydrogen" View the presentation here: https://lnkd.in/dz66PW58