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Major Steelmakers Ink MOU to Cut Carbon Emissions (Int'l. Report)
Rio Tinto, China Baowu Steel Group
Date: 2019-09-30
London, UK-headquartered Anglo-Australian multinational metals and mining giant Rio Tinto and China Baowu Steel Group, one of the China's largest steel producers, are reporting a Memorandum of Understanding (MoU) to "develop and implement new methods to reduce carbon emissions."

"The MOU will enable the formation of a joint working group tasked with identifying a pathway to support the goal of reducing carbon emissions and improve environmental performance across the steel value chain. The working group will establish a joint action plan on how to best utilize the parties' complementary strengths in research and development, technologies, processes, equipment, logistics, industry coordination and policy advisory capacities to combat climate change and improve environmental performance."

World-wide, the steel industry produced 9 pct of the world's carbon emissions, according to the Rio Tinto a news release. Rio Tinto notes it divested its coal assets last year. (Source: Rio Tinto, Xinhua, Kitco News, 26 Sept., 2019) Contact: China Baowu Steel, www.baowugroup.com; Rio Tinto, www.riotinto.com

More Low-Carbon Energy News Rio Tinto ,  China Baowu Steel Group,  


Major Mining Companies Among World's Mega Emitters (Int'l)
Climate Change
Date: 2019-05-13
In Rio de Janiero, Brazil, the Rio Times is reporting as many as 100 companies are responsible for more than 70 pct of global greenhouse gas emissions since 1988, according to data from Carbon Disclosure Project (CFP) in July 2017.

The 25 largest polluters, responsible for 50 pct of CO2 emissions, are, by descending order: China (state-owned coal production), Aramco, Gazprom, Iranian National Petroleum, ExxonMobil, Coal India, Pemex, Russia (state-owned coal production), Shell, China National Petroleum, BP, Chevron, PDVSA, Abu Dhabi National Petroleum, Poland Coal, Peabody Energy, Sonatrach, Kuwait Oil, Total, BHP Billiton, ConocoPhillips, Lukoil, Rio Tinto, Nigeria National Petroleum, and Petrobras, the only Brazilian company on the list.

The top 100 companies control most of the world's mineral rights, for oil, gas, and coal. Houston is considered the "home" of 7 of these 100 companies, followed by Jakarta, Calgary, Moscow, and Beijing.

(Source: The Rio Times, May, 2019) Contact: The Rio Times, Richard Mann, Contributing Reporter, www.riotimesonline.com

More Low-Carbon Energy News Carbon Emissions,  CO2,  Climate Change,  


World Bank Fund to Support Climate-Smart Mining (Ind. Report)
World Bank Group
Date: 2019-05-06
The World Bank is reporting the launch of the Climate-Smart Mining Facility fund to support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, batteries for energy storage and electric vehicles. The new Facility focuses on helping resource-rich developing countries benefit from the increasing demand for minerals and metals, while ensuring the mining sector is managed in a way that minimizes the environmental and climate footprint.

Facility partners include the German government and private sector companies, Rio Tinto and Anglo American. The Facility will also assist governments to build a robust policy, regulatory and legal framework that promotes climate-smart mining and creates an enabling environment for private capital. Facility projects may include:

  • Supporting the integration of renewable energy into mining operations, given that the mining sector accounts for up to 11 percent of global energy use and that mining operations in remote areas often rely on diesel or coal;
  • Supporting the strategic use of geological data for a better understanding of “strategic mineral” endowments;
  • Forest-smart mining -- preventing deforestation and supporting sustainable land-use practices; repurposing mine sites;
  • Recycling of minerals -- supporting developing countries to take a circular economy approach and reuse minerals in a way that respects the environment

    The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe. The Facility will focus on activities around four core themes: climate change mitigation; climate change adaptation; reducing material impacts and creating market opportunities, contributing to the decarbonization and reduction of material impacts along the supply chain of critical minerals needed for clean energy technologies. (Source: World Bank Group, Modern Diplomacy, May, 2019) Contact: World Bank Group, Riccardo Puliti, Senior Director and Head of the Energy and Extractives Global Practice, www.worldbank.org

    More Low-Carbon Energy News World Bank,  Climate Smart,  Climate Change,  Carbon Emissions,  


  • Kennecott Copper Opts for Renewables to Cut Emissions (Ind. Report)
    Rio Tinto
    Date: 2019-05-03
    London, UK-headquartered Anglo-Australian multinational metals and mining giant Rio Tinto reports it will reduce the annual carbon footprint associated with its Kennecott Utah Copper operation by as much as 65 pct by purchasing renewable energy certificates and permanently shutting its coal power plant.

    Kennecott's electric power needs will now be paired with 1.5 million MWh of renewable energy certificates (RECs) supplied by Rocky Mountain Power, primarily sourced from its Utah allocated portfolio including wind power from Wyoming. The RECs are Green-e Energy certified and meet the environmental and consumer-protection standards set forth by the nonprofit Center for Resource Solutions.

    The move to using renewable energy certificates at Kennecott is subject to regulatory approval by the Utah Public Service Commission. (Source: Rio Tinto, 2 May, 2019)Contact: Rio Tinto, www.riotinto.com

    More Low-Carbon Energy News Carbon Emissions,  Carbon Footprint,  Rocky Mountain Power,  Rio Tinto,  Renewable Energy,  


    Partners Developing Carbon-Free Aluminium Smelting (Ind. Report)
    Apple, RioTinto,Alcoa
    Date: 2018-05-14
    In Canada, IT giant Apple Inc. reports it is partnering with aluminium producers Alcoa Corp. and Rio Tinto Group to develop a new aluminum-making process that eliminates greenhouse gas emissions.

    The partnership, which will receive initial funding of $188 million (Cdn) ($US147 million), will be based in Montreal and have a research facility in Quebec's Saguenay region. Apple will invest $10 million in the project while Alcoa and Rio-Tino will invest $43 million between them. The Governments of Canada and the Province of Quebec will add an additional $94 million.

    The GHG emission reduction will be achieved by the replacement of a carbon anode -- which is normally burnt during the smelting process -- with an "advanced conductive material" that releases oxygen rather than carbon dioxide. The technology is still in development but expected to be available in 2024.

    (Source: Apple, Financial Post, Others, 10 May, 2018) Contact: Rio Tinto Canada, www.riotinto.com/canada; Alcoa, www.alcoa.com; Apple, www.apple.com/ca/contact

    More Low-Carbon Energy News Carbon Emissions,  GHG Emissions,  Apple,  Alcoa,  RioTinto ,  


    Aussie Big Coal Pumps $225Mn into Clean Coal R&D (Int'l, R&D)
    Australia Minerals Council
    Date: 2017-08-18
    In the Land Down Under, the Australian black coal industry reports it will extend its Coal21 Fund for another ten years and invest an addition $255 million in the fund to further clean coal R&D.

    Coal21, which was established in 2006 by the Australian Coal Association now merged into the Minerals Council of Australia, has to date invested $300 million in cleaner coal projects, including carbon capture and sequestration (CCS) initiatives at the Queensland Callide power plant in Victoria's Otway Basin.

    The Coal21 Fund has also received $550m from the Australian and state governments and coal related industry. The fund is primarily financed by a levy on coal production at Australia's thermal and coking coal mines. Major players include Glencore, Rio Tinto, BHP Billiton and Peabody Energy. (Source: Minerals Council of Australia, The Australian, 16 Aug., 2017) Contact: Australia Minerals Council of Australia , +61 2 6233 0600, www.minerals.org.au

    More Low-Carbon Energy News Clean Coal,  Australia Coal,  

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