Skarn Associates

This morning, I’m looking forward to presenting alongside A&O Shearman at their offices here in #Sydney. We’ll be covering some critical topics related to decarbonisation and water impacts in the mining sector. I’ll be diving into how miners are progressing with their decarbonisation plans, the advancements in key technologies, and the potential risks that could affect company decarbonisation targets. We’ll also examine the role of water-use performance data in evaluating supply chain risks. It’s an important conversation, and I’m looking forward to sharing these insights. Hope to see some of you there. https://lnkd.in/e5-tQx4s

Just 24 hours until The Skarn Decarbonisation Quarterly Briefing. Don't miss your opportunity to join, register here: https://lnkd.in/dcAuX2Wi

In Australia for IMARC? Meet Skarn’s CEO, Mark Fellows.

Join Sophie H. Chung and Mark Fellows next week for a briefing on decarbonisation targets of mining companies. Learn how Skarn’s framework tracks progress and helps translate decarbonisation initiatives into cash flow models. #TheSkarnDecarbonisationQuarterly https://lnkd.in/dc4Fgzmj

Skarn Associates's LME event was a success. Esteemed colleagues and friends were involved in deep discussions about the challenges and opportunities for the metals and mining industry. Our presenters Matthew Piggott, John Anderson, Raymond Philippe, Sophie H. Chung and Mark Fellows brilliantly shared our team's research and findings. And our panellists Sara Olsson ♠️, Maartje Collignon, Alicia Polo y La Borda and Jonathan Dunn added so much depth and context from different perspectives. Very proud of what we are doing! Our key takeaways: * Growing importance of smelting to the decarbonisation of refined metals. Some important challenges to decarbonisation of fuels exist. It's not just a simple as assuming hydrogen will replace other fuels! * E1 increase 1.6% yoy across commodities covered in our presentation * There has been a shift in focus from ESG water to financial water in the metals and mining industry #GHG #mining #water #esg #sustainability #esgreporting #esgrisk

In his most recent article, Dr John Anderson explores how Sinomine's acquisition of the Tsumeb copper smelter in Namibia aims to enhance processing capabilities and recover metals from historical residues, and what that could mean for sustainability in the mining industry.

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