To meet net zero targets, mines must embrace full decarbonisation. But the large capital investments required to do this makes many companies hesitant to take the leap.
Key fact: 26% of global carbon emissions come from the extraction and early processing of metals and minerals
Today, there are many new technologies aimed at reducing CO2 emissions from mines. These aren’t only economical, they’re also pivotal to reducing operational expenditures (OPEX).
Nondestructive testing (NDT) technology can massively improve operational efficiency. Used to maintain asset health, NDT prevents hazards and reduces downtime caused by unexpected faults. In turn, this increases productivity while improving overall efficiency.
Electrification also minimises environmental pollution in mining. By electrifying mining equipment, companies can reduce both OPEX and CAPEX while cutting emissions produced by energy-intensive machinery.
Key fact: Electric vehicles have a 20% lower total cost of ownership
Another way mining companies can drive environmental sustainability is through RFID (radio frequency identification)-powered systems. These support green supply chain management practices (GSCM) by providing reliable, real-time information that’s easily accessible. This ensures sustainability policies have been upheld throughout the entire supply chain.
Benefits
Reduced emissions
Reduced OPEX
Increased production