The mining industry continues efforts to achieve its long-term sustainability goals. In our view, the industry’s biggest challenge is weening itself off the diesel fuel needed to power haul trucks, loaders, dozers and other large items of equipment.
To that end, Rio Tinto and Caterpillar are cooperating to advance the development of a zero emission 220 tonne haul truck in Western Australia. Meanwhile, in South Africa, ENGIE and Anglo American are tackling the 300–500 tonne haul truck, coming together to develop prototypes powered by hydrogen fuel cells. Perhaps net zero isn’t just a dream.
MVIS Global Junior Gold Miners Index
31/10/2020-31/10/2021
Source: MV Index Solutions. All values are rebased to 1,000. Data as of 31 October 2021.
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