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voda 21 juni 2021 08:06

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RioTinto & ARENA JoinHands to Reduce Emissions in Alumina Refining

Rio Tinto has partnered with the Australian Renewable Energy Agency to study whether hydrogen can replace natural gas in alumina refineries to reduce emissions. Rio Tinto will conduct AUD 1.2 million feasibility study, equally funded with ARENA through a $580,000 grant, into using clean hydrogen to replace natural gas in the calcination process of refining at the Yarwun aumina refinery in Gladstone. The study program includes work to be done at Rio Tinto’s Bundoora Technical Development Centre in Melbourne, where Rio Tinto’s in-house development capability has now been extended to hydrogen.

The study comprises two distinct work packages:

1. Preliminary engineering and design study conducted to understand the construction and operational requirements of a potential demonstration project at the Yarwun alumina refinery

2. Simulating the calcination process using a lab scale reactor at the Bundoora Technical Development Centre

Once complete, the study will inform the viability of a potential demonstration project. Rio Tinto has lodged patents for the hydrogen calcination process.

Rio Tinto is aiming to reach net zero emissions across its operations by 2050. Across the company, it is targeting a 15% reduction in absolute emissions and a 30% reduction in emissions intensity by 2030, from a 2018 baseline.

Source - Strategic Research Institute

voda 21 juni 2021 08:07

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Vale Announces First Ore at Voisey’s Bay Mine Extension

Vale recently announced the milestone achievement of first ore production on its Reid Brook deposit at the Voisey’s Bay Mine Expansion Project in Northern Labrador. Ore produced at Voisey’s Bay is processed at Vale’s Long Harbour, one of the world’s lowest emission nickel processing plants. The sustainably-produced, responsibly sourced nickel, copper and cobalt products will help meet future customer demand in the electric vehicle and clean energy space as industry seek to reduce greenhouse gas emissions and lower carbon footprints.

Home to one of the largest nickel deposits in the world, Voisey’s Bay has been producing nickel from an open-pit operation since 2005. The transition to underground involves the development of two underground mines – Reid Brook and Eastern Deeps - extending the life of Vale’s Labrador operations and achieving production of 40,000 tons of nickel in concentrate at a peak annual production rate of 2.6 million tonnes by 2025, with about 20,000 tonnes copper and 2,600 tonnes of cobalt as byproducts. The project is 65% complete, with executed capital expenditures of USD 1,260 million and Eastern Deeps start-up is expected for 2022.

Indigenous participation is a hallmark of the Voisey’s Bay operation, enjoying a collaborative relationship with its Indigenous partners, Innu Nation & Nunatsiavut Government, on whose traditional lands the Voisey’s Bay Complex is located. Since the Voisey’s Bay Mine Expansion Project began in 2018, Innu and Nunatsiavut Inuit employment has more than doubled to approximately 500 employees and 65% of all procurement contracts for the project were awarded to Indigenous-owned businesses. The ability to mine and process ore from underground will continue to generate local employment, procurement, capacity-building and shared benefit for many years to come.

Source - Strategic Research Institute

voda 21 juni 2021 08:08

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Rio Tinto Confirms Mr Peter Cunningham as Chief Financial Officer

Rio Tinto has appointed Mr Peter Cunningham as Chief Financial Officer with immediate effect. Mr Peter, who has been Interim Chief Financial Officer since 1 January 2021, will also join the Rio Tinto Board as an executive director at the same time. Mr Peter was previously Group Controller and has held a number of senior financial and non-financial leadership positions across Rio Tinto in Australia and the UK.

In a career spanning 28 years with Rio Tinto, he has held roles including Global Head of Health, Safety, Environment & Communities; Head of Energy and Climate Strategy; and Head of Investor Relations. Prior to joining Rio Tinto, Mr Peter qualified as a chartered accountant.

Mr Peter Cunningham will be issued a standard Rio Tinto executive contract, which includes a 12-month notice period. The remuneration package is in line with our Remuneration Policy approved by shareholders in 2021, and is comprised of the following elements

1. A base salary of GBP 700,000

2. Target annual bonus opportunity at 100% of base salary, with a maximum opportunity of 200% of base salary

3. A long-term incentive plan award of up to 400% of base salary with the first grant to be made in 2022

4. A company pension contribution or a cash allowance in lieu of pension equal to 14% of base salary.

5. Other benefits will include company provided health care coverage and eligibility to participate in the all-employee share plans.

Source - Strategic Research Institute

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voda 22 juni 2021 09:39

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Rio Tinto Opens New Scandium Plant at RTFT in Canada

Rio Tinto has started operations at a new commercial scale demonstration plant to produce high quality scandium oxide at its Rio Tinto Fer et Titane metallurgical complex in Sorel-Tracy in Quebec. The $6 million project, in which the Government of Quebec contributed approximately $650,000 through the Quebec Plan for the Development of Critical and Strategic Minerals, was completed on time and on budget, less than six months after the start of construction. Six employees have been hired to operate the plant, which uses an innovative process developed by RTFT to extract high purity scandium oxide from the waste streams of titanium dioxide production, without the need for any additional mining.

Commissioning work is now being undertaken as production ramps up to a capacity of three tonnes of scandium oxide per year. RTFT is already considering the potential for further investments to add additional modules in line with market demand.

This project is part of a series of innovations supported by Rio Tinto’s Critical Minerals and Technology Centre in the field of critical minerals and materials, including the recent launch of a water atomized steel powder for 3-D printing applications.

RTFT operates an open cast ilmenite mine at Lac Tio near Havre-Saint-Pierre, on Quebec’s North Shore. The ore is used to produce high-quality titanium dioxide feedstock, pig iron, steel and metal at RTFT’s metallurgical complex in Sorel-Tracy, Quebec. Together, the sites employ over 1,600 people. RTFT has operated in Quebec for 70 years and pioneered the process of removing iron from ilmenite. In the last decade, RTFT has focused on developing, marketing and fine-tuning the UGS process, which produces slag with a very high titanium dioxide content sold to pigment producers.

Source - Strategic Research Institute

voda 22 juni 2021 09:41

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Pacific Island Nations Considering Deep Sea Mining

The Diplomat reported that Pacific Island nations are looking to the ocean to save them from the COVID-19 induced economic downturn. Some Pacific Island nations, namely those that border the resource rich Clarion-Clipperton Zone, have begun sponsoring mining companies to take out licenses for deep-sea mining. The CCZ, which borders the territorial waters of the Cook Islands, Kiribati, Nauru, and Tonga, is a deep-sea trench approximately the size of Europe. It holds a calculated 21 billion tonnes of polymetallic nodules that contain mostly manganese, but also iron, nickel, copper, titanium, and cobalt. Such metals are in increasing demand amid a push to develop batteries for electric vehicles and renewable energy.

Despite it being nearly half a century since scientists and prospective miners discovered the lucrative mineral deposits on the floor of the ocean, little mining has taken place and few studies completed to understand the risks of such mining if it was to become a full-fledged industry. But the industry has picked up momentum in recent years, with mining companies now pouring millions into developing technology that would allow them to operate at the depths required. The COVID-19 induced economic downturn has also led to countries with access to deposits, such as the Cook Islands, Tonga, Kiribati, and Nauru, wanting to cash in.

According to the United Nations International Seabed Authority’s list of reserved areas” which ensures developing countries can access deep sea mineral resources, Tonga has sponsored contractor Tonga Offshore Mining Limited, Nauru has sponsored the Nauru Ocean Resources Inc, Kiribati has sponsored the Marawa Research and Exploration Ltd and the Cook Islands has sponsored the Cook Islands Investment Corporation. The four companies have a combined reserved area of about 120,000 square miles.

What the Pacific Island nations lack in landmass, they make up for in territorial waters. For instance, Kiribati ranks 172nd in the world for its land mass, but ranks 12th for the size of its exclusive economic zone, which takes into consideration a country’s authority over both land and water. Altogether, the Pacific Island nations, despite having a combined population of just 11 million, control nearly 12 million square miles of the Pacific Ocean across an area equivalent to around 15 percent of the globe’s surface. The ocean is of such importance to the Pacific Island countries that they’ve formed a collective identity around it, which has come to be known as the Blue Pacific. This serves to strengthen regional solidarity in the face of global powers’ efforts to influence them.

Source - Strategic Research Institute

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voda 22 juni 2021 09:46

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BHP Shifts Data Centers to Cloud with AWS & Microsoft Azure

Data Center Dynamics reported that mining giant BHP has signed cloud deals with Amazon Web Services and Microsoft Azure. AWS will provide data analytics and machine learning capabilities, while Azure will host the company's core global applications portfolio, including 17,500TB of data.

The company said that it will move out of regional data centers as it shifts to the cloud. BHP CTO Laura Tyler said “Digital technology is in everything we do at BHP, from how we connect to our customers and partners every day to how we extract and find resources more safely and sustainably. We are leveraging next-generation technologies like cloud, machine learning, and data analytics to solve complex business problems and unlock value even faster.”

The world's largest mining company by market capitalization, BHP operates in the aluminum, coal, copper, ferroalloys, iron ore, titanium, nickel, diamond, and silver mining sectors, as well as the oil, gas, and liquefied natural gas markets.

Source - Strategic Research Institute

voda 28 juni 2021 08:04

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Schneider Electric to Drive Decarbonisation at Rio Tinto Mines

Leading global mining and metals company Rio Tinto and leader in digital transformation of energy management and automation Schneider Electric have signed a memorandum of understanding for a first of its kind collaboration to develop a circular and sustainable market ecosystem for both companies and their customers. This multi-product partnership will see Schneider Electric use responsibly sourced materials produced by Rio Tinto. These include low-carbon aluminium and copper produced with renewable power, iron ore, and borates. Rio Tinto will utilise energy and industrial services from Schneider Electric, as the companies work together to develop digital platforms, technologies and solutions to be deployed across the metals and mining supply chain to drive further decarbonisation.

The partnership will draw on Schneider Electric’s Energy as a Service expertise to evaluate the use of innovative solutions, including microgrids, to supply energy from low-carbon sources, and artificial intelligence and advanced analytics to help meet sustainability goals at Rio Tinto sites and throughout its supply chain.

Rio Tinto’s START traceability and transparency initiative, the first sustainability label for aluminium using blockchain technology, will be deployed with Schneider Electric to unlock value for customers, suppliers and partners. The companies will work to expand this transparency, offering START in combination with Schneider Electric’s EcoStruxure™ platform, an IoT system architecture that connects everything in an enterprise, from the shop floor to the top floor, to deliver enhanced safety, reliability, efficiency, and sustainability.

The companies will also partner to evaluate emerging innovation opportunities, such as the efficient production of critical materials for renewable technologies and advances in low-carbon, green steel manufacturing, both of which will play a significant long-term role in industrial decarbonisation.

Source - Strategic Research Institute

voda 29 juni 2021 08:37

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Australian Mining Executives Apologize for Sexual Assaults at Mines

ABC reported that Western Australia mining company executives have held an unprecedented media conference to apologize to those who have been sexually assaulted or harassed on the state's mine sites. Managers from BHP, Rio Tinto, Fortescue Metals Group, Woodside and Newmont said they have a zero tolerance policy on assault and harassment and were committed to ensuring their workplaces were safe for female employees.

It comes after two BHP workers were charged with sexual penetration over separate incidents, and FMG revealed it was assisting police investigating an incident of alleged indecent assault.

Source - Strategic Research Institute

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voda 29 juni 2021 08:37

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Rio Tinto to Deploy Autonomous Water Trucks at Gudai-Darri

Rio Tinto will deploy the world’s first fully autonomous water trucks at its AUD 2.6 billion Gudai-Darri iron ore mine in Western Australia’s Pilbara region. The new vehicles, primarily used for dust suppression on site, will enhance productivity by enabling mine operations to digitally track water consumption and reduce waste. Developed through a successful collaboration with leading equipment manufacturer, Caterpillar, three water trucks will join Gudai-Darri’s fleet of Caterpillar heavy mobile equipment including autonomous haul trucks and production drills. The vehicle’s intelligent on-board system detects dry and dusty conditions on site, triggering the application of water to roads to keep them in good condition.

The refilling process is also completely automated with the water trucks recognising when it is time to refill, prompting them to self-drive to the water stand, park and top-up before returning to the field. They boast a 160,000-litre tank capacity, a 33% increase on Rio Tinto’s largest water truck which has a tank capacity of 120,000-litres.

Once deployed, the water trucks will be integrated into Rio Tinto’s existing Autonomous Haulage System which has been shown to significantly improve safety by reducing the risks associated with operators working around heavy machinery.

Gudai-Darri is 100 per cent owned by Rio Tinto, is located approximately 35 kilometres north-west of Rio Tinto’s Yandicoogina mine site, and about 110 kilometres from the town of Newman in the Pilbara region of Western Australia. Construction continues to progress with production ramp-up on track for early 2022. Once complete, the mine will have an annual capacity of 43 million tonnes, underpinning production of the Pilbara Blend, Rio Tinto’s flagship iron ore product.

Source - Strategic Research Institute

voda 1 juli 2021 10:48

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Glencore to Acquire BHP & Anglo Shares in Cerrejón Coal Mine

Following notices from joint venture partners, BHP and Anglo American, offering to sell their entire shares in the Cerrejón mine in Colombia, Glencore has reached agreement with each of them on substantially the same terms to acquire their respective 33.3% interests. The transaction has an economic effective date of 31 December 2020, with an aggregate purchase consideration of c. USD 588 million then being subject to purchase price adjustments calculated at closing. Glecore said “Based on expected operating performance and current forward coal prices, assuming a closing during H1 2022, we anticipate the cash generated by the operation to reduce the effective aggregate cash consideration to approximately USD 230 million, making the estimated investment payback period less than 2 years from closing.”

The transactions are subject to various regulatory approvals and are inter-conditional on each other.

Cerrejón is an open-pit coal-export mining operation in Colombia. The company plays an important role in the Colombian economy and in the region of La Guajira, where it operates a mine, railroad and port facilities.

The gross assets of Cerrejón are USD 2.968 billion. The loss attributable to Cerrejón in the year ended 31 December 2020 was USD 226 million.

Source - Strategic Research Institute

voda 1 juli 2021 11:01

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BHP Awards McDermott Contract for Shenzi Subsea Project

McDermott International Ltd has been selected by BHP to provide a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project. The project is located approximately 138 miles offshore in the Gulf of Mexico at a water depth of 4,400 feet. The scope of the contract includes: project management; detailed design and fabrication for a pump station suction pile; umbilical installation and flexible jumpers and flying leads installation; transport of all materials and equipment; and pre-commissioning services and other necessary testing and surveys.

Engineering, procurement and project management services will be led by McDermott's Houston engineering group. McDermott's North Ocean 102 vessel,which has a proven track record of safely executing similar projects,will be used for the transport and installation of the material and equipment.

The project will commence immediately and is expected to be completed in the summer of 2022.

Source - Strategic Research Institute

voda 5 juli 2021 09:23

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Rio Tinto Declares Force Majeure at Richards Bay Minerals

Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals in South Africa due to an escalation in the security situation at the operations. This has led to the decision to cease operations until the safety and security position improves. All mining and smelting operations at RBM have been halted until further notice. The Zulti South project has remained on full suspension since the security and community issues in 2019. Rio Tinto chief executive Mineral, Sinead Kaufman said “The safety of our people is our top priority. We continue to offer our full support to the investigating authorities and I would like to acknowledge the ongoing support of the regional and national governments and South African Police Service as we work together to ensure that we can safely resume operations.”

Richards Bay Minerals is a world leader in heavy mineral sands extraction and refining and is South Africa’s largest mineral sands producer. RBM mines the vast mineral rich sands of the northern KwaZulu-Natal province and produces predominantly ilmenite, rutile and zircon, materials used in everything from paint to smart phones to sunscreen.

Richards Bay Minerals is a joint venture between Rio Tinto (74%) and Blue Horizon, a consortium of investors and our Host Communities Mbonambi, Sokhulu, Mkhwanazi and Dube, which owns 24%. The remaining shares are held in an employee trust.

Source - Strategic Research Institute

voda 5 juli 2021 09:28

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Oxford scientists Research Possibility of Green Mining

Magma beneath volcanoes releases gases that rise towards the surface. These gases are rich in metals. As the pressure drops, the gases separate into steam and brine. Most metals dissolved in the original magmatic gas become concentrated in the dense brine, which in turn gets trapped in porous rock. The less dense, and metal-depleted steam continues up to the surface, where it can form fumaroles, such as those seen at many active volcanoes. Scientists at the University of Oxford have demonstrated that how it is possible to directly extract valuable metals from hot salty fluids, brines, trapped in porous rocks at depths of around 2km below dormant volcanoes. They propose this radical green-mining approach to provide essential metals for a net zero future copper, gold, zinc, silver and lithium in a sustainable way. In a new paper, published today in Open Science, Oxford scientists, based at the Department of Earth Sciences, reveal how this trapped, subterranean brine is a potential 'liquid ore' containing a slew of valuable metals, including gold, copper and lithium, that could be exploited by extracting the fluids to the surface via deep wells. Their models show that the brines potentially contain several million tonnes of copper. Copper is a key metal for making the transition to net zero, due to its importance in electricity generation and transmission, and electric vehicles. The paper also shows how geothermal power will be a significant by-product of a green-mining approach, meaning that operations at the well-head will be carbon-neutral.

Conventional mining extracts metals, such as copper, from deep pits or underground mines in the form of solid ores that then need to be crushed and processed. In the case of copper over 99% of the crushed rock is waste. Such mines are environmentally impactful, very expensive to construct and decommission, produce huge tailings piles of waste rock, and are very energy-demanding and CO2-producing. The prospect of extracting metals in solution form from wells reduces the cost of mining and ore processing, plus exploits geothermal power to drive operations. This vastly reduces environmental impact of metal production. Green mining represents a novel way to extract both the metal-bearing fluids and geothermal power, in a way that dramatically reduces the environmental impact of conventional mining.

The research is part of an international effort (between the UK and Russia) that uses volcanology, hydrodynamic modelling, geochemistry, geophysics and high temperature experiments. The team has worked on drill core from a number of deep geothermal systems (in Japan, Italy, Montserrat, Indonesia, Mexico) to confirm their predictions of metal-rich brines.

The scientists say that geophysical surveys of volcanoes show that almost every active and dormant volcano hosts a potentially exploitable 'lens' of metal-rich brine. This means that metal exploration may not be limited to relatively few countries as it is currently (Chile, USA, Peru, China, DRC etc), owing to the ubiquity of volcanoes around the world.

The principal risks are technological. The process involves drilling into rock at 2 km depth and at temperatures of more than 450 °C. The extracted fluids are corrosive, which places limits on the types of drilling materials. The extracted fluids tend to dump their metal load in the well-bore, a problem known as 'scaling' (a bit like limescale in a kettle). Preventing scale formation will require complex thinking about the dynamics of fluid flow and pressure-temperature control in the well-bore. Preventing well-bore corrosion will require developments in materials science to create resistive coatings.

According to the Oxford team, many of these challenges are already being addressed through deep, hot geothermal drilling projects. In some cases these projects have reached temperatures over 500 degree Celsius; occasionally they have tapped into small pockets of molten rock, for example in Iceland and Hawaii.

Ensuring the fluids continue to flow into the well once drilled is a complex problem and the permeability and porosity of hot, ductile rock is a challenging field. The Oxford team has already patented an idea for fluid extraction. They say that the risk of triggering volcanic eruptions is very small, but must be assessed. They are not planning to drill into magma itself, but into the hot rocks above the magma chamber, which greatly reduces the risk of encountering magma. The scientists have spent the last five years 'de-risking' the concept, and are now ready to drill an exploratory well at a dormant volcano. This will clarify many of the risks and challenges described, and will herald a new advance in our understanding of volcanoes and their immense bounty of energy and metals.

They say a working 'brine mine' could be 5-15 years away, depending on how well the challenges can be addressed.

Source - Strategic Research Institute

Bijlage:

voda 13 juli 2021 10:11

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Vale Decharacterization Plans for B3/B4 & Superior South Dams

Vale will start activities with unmanned equipment for the removal of tailings from B3/B4 dam at Mar Azul mine in Nova Lima and Sul Superior dam at Gongo Soco mine in Barão de Cocais. Actions were assessed and approved by the Public Prosecutor's technical auditor, in addition to the entire body of external consultants hired by the company to prepare the projects, and represent the progress of the company's Decharacterization Program and the commitment to an approach fully focused on the safety of people and structures. The decharacterization of these dams, which are currently at an emergency level 3 of the Emergency Action Plans for Mining Dams, is a complex process. Aware that any intervention may increase risks, the company has already carried out several preventive actions, including the removal of all residents from the respective Self-Rescue Zones and the construction of back-up damages (downstream containment structures) in both territories.

At the Superior Sul dam, the removal will begin with the collection of samples, which aims to increase knowledge on the characteristics of the material in the reservoir, to improve and the techniques that will be used in the decharacterization process, in addition to subsidizing studies to define vibration control levels. Channels will also be opened to improve the flow of water from the structure, preventing accumulation in the reservoir, especially during the rainy season. At the B3/B4 dam, the tailings removal will be performed together with the completion of the partial removal of a waste pile present at the site, from which 350 thousand cubic meters of material have already been removed since November 2020. It should be noted that all activities performed and planned for the two dams will be fully executed with unmanned equipment, operated remotely and safely from a control center outside the structures. All actions were communicated to the technical audit of the Public Prosecutor's Office of Minas Gerais and the competent bodies.

In view of the complexity and risks of the decharacterization process of these structures, Vale informs that it has strict control over all the actions implemented with the objective of ensuring the safety of workers and people living in the nearby communities. In addition, it is also worth considering additional measures to minimize any residual impacts on water bodies downstream of the back-up dams.

The back-up dams built downstream of the two dams are complete and have the capacity to contain the tailings if needed. The structure that serves South Superior dam is 36 meters high and 330 meters long. The structure that serves B3/B4 dam is 33 meters high and 221 meters long. The works follow the strictest Brazilian standards, the best engineering practices and technical references from international entities used for similar constructions. Specialist companies, independent from the designer and the builder, certified and certified that the back-up dams are stable and therefore, provide safety to the downstream communities. The technical auditor of the Public Prosecutor's Office of Minas Gerais also ratified the stability of the back-up dams.

Source - Strategic Research Institute

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voda 14 juli 2021 10:04

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Autonomous Trucks Hit 100 Mn Tonne Mark at Vale’s Brucutu Mine

Autonomous off-road trucks, which travel without an operator in the cabin, completed 100 million tonnes of material being moved at the Brucutu mine in June 2021, which produces iron ore in São Gonçalo do Rio Below (Minas Gerais, Brazil). Since the beginning of the project's implementation in 2016, there have been no accidents caused by autonomous trucks, carbon emissions have been reduced due to lower fuel consumption and the mine's productivity has increased.

With a capacity to transport 240 tonnes, the trucks are controlled by computer systems, GPS, radar and artificial intelligence, covering the route between the mining front and the unloading area. The result of six years of research and testing, autonomous vehicles began to be used in 2016 in test mode. In 2019, all 13 trucks circulating in Brucutu were already using the new technology, making it the first mine in Brazil with 100% autonomous operation.

Over the last five years, it has been proven that the fuel consumption of autonomous trucks is 11% lower than that of crewed trucks, resulting in a reduction of 4,300 tons of CO2 per year in the atmosphere. The maximum speed of the trucks, which was 40 km/h, reached 60 km/h. Hourly productivity, measured by the amount of iron ore transported per hour, increased by 11% - five percentage points more than expected.

The autonomous operation also favors the maintenance of equipment. Tires, for example, had a 35% increase in their useful life – ten percentage points more than expected. In addition to saving the company, this number generates less waste disposal.

Source - Strategic Research Institute

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voda 20 juli 2021 08:48

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BHP Reports 2% Increase in Iron Ore Production for FY 2021-22

BHP Chief Executive Officer Mike Henry said "BHP safely delivered another year of excellent operational performance and its second consecutive financial year with zero fatalities at our operated assets. We set several production records and brought on four major projects safely, on schedule and on budget. We achieved production records at our Western Australia Iron Ore operations and the Goonyella Riverside metallurgical coal mine in Queensland. We maintained all-time high concentrator throughput at our Escondida copper mine in Chile. Olympic Dam in South Australia had its highest annual copper production since BHP acquired the asset in 2005, and its best-ever gold production. South Flank, the largest and one of the most technically-advanced iron ore mines in Australia, began production in May and will boost the overall quality of BHP’s iron ore product suite. In the same month, the Ruby project in Trinidad and Tobago started production. Atlantis Phase 3 in the Gulf of Mexico and the Spence expansion in Chile began production in the first half of the year.”

Total iron ore production increased by two per cent to 254 million tonne. Production of between 249 million tonne and 259 million tonne is expected in the 2022 financial year.

WAIO production increased by one per cent to a record 252 million tonne (284 million tonne on a 100 per cent basis), reflecting record production at Jimblebar and Mining Area C, which included first ore from South Flank in May 2021. This was achieved despite significant weather impacts, temporary rail labour shortages due to COVID-19 related border restrictions and the planned Mining Area C and South Flank major tie-in activity. Strong operational performance across the supply chain reflected continued improvements in car dumper performance and reliability, and train cycle times.

Vandi resource has commenced its end-of-life ramp-down as South Flank ramps up and is expected to continue to provide supply chain flexibility with a lower level of production to continue for a few years.

Production of between 246 million tonne and 255 million tonne (278 million tonne and 288 million tonne on a 100 per cent basis) is expected for the 2022 financial year as WAIO continues to focus on incremental volume growth through productivity improvements. We continue with our program to further improve port reliability and this includes a major maintenance campaign on car dumper one planned for the September 2021 quarter.

Samarco production was 1.9 million tonne following the recommencement of iron ore pellet production at one concentrator in December 2020. Production of between 3 and 4 Mt (BHP share) is expected for the 2022 financial year. Production capacity of approximately 8 Mtpa (100 per cent basis) is expected to be reached in the second half of the 2022 financial year.

Metallurgical coal production decreased by one per cent to 41 million tonne (73 million tonne on a 100 per cent basis), in line with original guidance. Production is expected to be between 39 million tonne and 44 million tonne t (70 million tonne and 78 million tonne t on a 100 per cent basis) in the 2022 financial year as we expect restrictions on coal imports into China to remain for a number of years. Production is expected to be weighted to the second half of the year due to planned wash plant maintenance in the first half of the year. At Queensland Coal, strong underlying operational performance, including record production at Goonyella facilitated by record tonnes from Broadmeadow mine, was offset by significant wet weather impacts across most operations earlier in the year, as well as planned wash plant maintenance at Saraji and Caval Ridge in the first half of the year. At South Walker Creek, despite record stripping, production decreased as a result of higher strip ratios due to ongoing impacts from geotechnical constraints and lower yields.

Energy coal production decreased by 17 per cent to 19 million tonne. Production is expected to decrease to between 13 million tonne and 15 million tonne in the 2022 financial year, reflecting the announced divestment of our interest in Cerrejbn in June 2021 and those Cerrejbn volumes will now be separately reported from 1 July 2021 until transaction completion.

NSWEC production decreased by 11 per cent to 14 million tonne t despite increased stripping. This decrease reflects significant weather impacts and higher strip ratios, as well as lower volumes due to an increased proportion of washed coal in response to widening price quality differentials, consistent with our strategy to focus on higher quality products, and reduced port capacity following damage to a shiploader at the Newcastle port in November 2020. The shiploader is expected to be back in operation during the September 2021 quarter. Production is expected to be between 13 million tonne and 15 million tonne in the 2022 financial year reflecting a continued focus on higher quality products.

Cerrejbn production decreased by 30 per cent to 5 million tonne mainly as a result of a 91-day strike in the first half of the year and subsequent delays to the restart of production, as well as the impact of a reduced operational workforce due to COVID-19 restrictions. On 28 June 2021, BHP announced it had signed a Sale and Purchase Agreement with Glencore to divest its 33.3 per cent interest in Cerrejbn. The transaction has an effective economic date of 31 December 2020. Subject to the satisfaction of customary competition and regulatory requirements, we expect completion to occur in the second half of the 2022 financial year.

Source - Strategic Research Institute

voda 20 juli 2021 09:20

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BHP Suspends Operations at Goonyella Coking Coal Mine

S&P Global reported that operations at BHP's Goonyella Riverside coking coal mine in Australia's Queensland state were temporarily suspended after a worker died from a medical emergency at site on July 12 night. ABHP spokesperson said "A worker at Goonyella Riverside Mine had a medical emergency at site last night and has sadly passed away. The worker reported feeling unwell and the site Emergency Response Team responded and was supported by the Queensland Ambulance Service.”

BHP did not provide a specific timeline on the resumption of operations.

Market participants said impact on supply was expected to be minimum.

Source - Strategic Research Institute

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voda 21 juli 2021 08:22

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South Africa’s Mining Output in May 2021 up 22% YoY

The Department of Statistics of South Africa announced that the domestic mining production increased by 21.9% YoY in May 2021. According to the report, the largest positive contributors were platinum group metals (27.0% increase, contributing 6.1 percentage points); gold (44.5% increase, contributing 4.8 percentage points); iron ore (48.4% increase, contributing 4.0 percentage points); and manganese ore (39.7% increase, contributing 3.2 percentage points).

South Africa’s seasonally adjusted mining production decreased by 3.5% in May 2021 compared with April 2021. This followed month-on-month changes of 0.2% in April 2021 and 4.5% in March 2021. Seasonally adjusted mining production increased by 5.6% in the three months ended May 2021 compared with the previous three months.

Source - Strategic Research Institute

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voda 22 juli 2021 09:05

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Tesla gaat nikkel afnemen van mijnbouwer BHP
ANP Producties 1 uur geleden

MELBOURNE (ANP/BLOOMBERG) - Autofabrikant Tesla heeft een overeenkomst gesloten met de grote mijnbouwer BHP over de levering van nikkel voor zijn batterijen in elektrische auto's. Volgens BHP zal het nikkel worden geleverd vanuit Australië.

Door de deal met BHP wil Tesla zich beschermen tegen mogelijke tekorten aan nikkel, een belangrijke grondstof voor krachtige batterijen voor elektrisch aangedreven auto's. Door de grote vraag vanwege de overgang naar elektrisch rijden dreigen tekorten bij de levering van nikkel te ontstaan.

De nikkel-activiteiten van BHP in het westen van Australië zouden op duurzame wijze plaatsvinden met relatief weinig uitstoot. Tesla gaat samenwerken met de grootste mijnbouwer ter wereld om de uitstoot in de toeleveringsketen van nikkel te verlagen. Tesla sloot eerder al overeenkomsten met andere mijnbouwers voor de levering van grondstoffen voor accu's.

Topman Elon Musk van Tesla heeft geregeld zijn zorgen geuit over tekorten aan nikkel en mijnbouwers gevraagd de productie te verhogen om te kunnen voldoen aan de sterke vraag.

nine_inch_nerd 22 juli 2021 14:51

0

quote:
voda schreef op 22 juli 2021 09:05:
Tesla gaat nikkel afnemen van mijnbouwer BHP
ANP Producties 1 uur geleden

MELBOURNE (ANP/BLOOMBERG) - Autofabrikant Tesla heeft een overeenkomst gesloten met de grote mijnbouwer BHP over de levering van nikkel voor zijn batterijen in elektrische auto's. Volgens BHP zal het nikkel worden geleverd vanuit Australië.

Door de deal met BHP wil Tesla zich beschermen tegen mogelijke tekorten aan nikkel, een belangrijke grondstof voor krachtige batterijen voor elektrisch aangedreven auto's. Door de grote vraag vanwege de overgang naar elektrisch rijden dreigen tekorten bij de levering van nikkel te ontstaan.

De nikkel-activiteiten van BHP in het westen van Australië zouden op duurzame wijze plaatsvinden met relatief weinig uitstoot. Tesla gaat samenwerken met de grootste mijnbouwer ter wereld om de uitstoot in de toeleveringsketen van nikkel te verlagen. Tesla sloot eerder al overeenkomsten met andere mijnbouwers voor de levering van grondstoffen voor accu's.

Topman Elon Musk van Tesla heeft geregeld zijn zorgen geuit over tekorten aan nikkel en mijnbouwers gevraagd de productie te verhogen om te kunnen voldoen aan de sterke vraag.

Toch maar klein ingestapt.
ISIN: GB00BH0P3Z91

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