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The energy transition is increasingly reaching the mining industry

14. November 2024

Monster trucks with an electric drive already exist in the mining industry. And this path is being pursued further.

Australian and Swiss machine manufacturers have worked together to use environmentally friendly machines in mining. Also on board is a loader that charges the batteries of the gigantic dump trucks. In the future, the dump trucks will be able to drive autonomously. Fortescue already has over 200 autonomous trucks on the road. Whether dump trucks, excavators or bulldozers, they are equipped with battery systems. In Mongolia, too, an electric dump truck with the option of quick battery replacement is soon to be used in a copper mine (Oyu Tolgoi). Changing batteries saves time compared to static charging. This is because changing the battery should only take seven minutes, while the battery will do its job for around eight hours. In China, innovative electrically powered tippers are already being used in mining. Green energy is also being used in mining to advance decarbonization goals.

A study by McKinsey concludes that the mining industry is responsible for four to seven percent of global greenhouse gas emissions. Powerful batteries are needed to ensure that mining processes function emission-free, as the power consumption of large-scale equipment is immense. To date, lead-acid batteries, nickel-iron batteries and lithium-ion batteries have mainly been used. This is where super batteries come into play. Decarbonization is possible thanks to special raw materials such as lithium, cobalt or nickel. 

Battery raw materials are the business of Green Bridge Metals - https://www.commodity-tv.com/ondemand/companies/profil/green-bridge-metals-corp/ -. The company's projects are located in Manitoba and Ontario.

Century Lithium - https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ - in Nevada is responsible for lithium. The pilot plant already supplies lithium carbonate with a purity of 99.5 percent.

Current company information and press releases from Century Lithium (-  https://www.resource-capital.ch/en/companies/century-lithium-corp/ -) and Green Bridge Metals (- https://www.resource-capital.ch/en/companies/green-bridge-metals-corp/ -).

 

 

  

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.

 

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