AMERICAN WEST METALS LIMITED (ASX:AW1) - Mining in the Arctic - History, page-27 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Originally posted by Giovanni33: ↑

Reviving this wonderful thread in the hopes we can discuss potential logistics around power/getting the copper south. Now that the deposit is starting to look better and better I think it's worth speculating a little on the logistics of what issues may arise and how they can be solved.

My concern (and correct me if I'm wrong) is that we would have to use diesel which is seen unfavorably by financiers (especially governments) who are increasingly trying to make mines seem to be "carbon neutral" and are providing generous grants to mines which use renewable sources of energy.

I don't have any personal issue with using diesel generators nor do I think the use of them would materially put development at a practical disadvantage when it comes to moving to production, but it does add an element of social disadvantage. One option I considered is due to the constant daylight for half the year, solar panels could potentially be used to reduce emissions and thus provide potential financiers with a semblance of AW1 making all practical attempts to produce "clean copper".

I will fully admit though I don't honestly know how practical the use of solar panels actually would be and if it's worth the cost of installation. That being said if the discovery does pan out to be a massive deposit with very long mine life, governments (USA and Canada) might look favorably upon helping out with the development of more permanent infrastructure up there since there's a geopolitical aspect to this as well. If anyone's familiar with Russia's ambitions in the arctic they'll understand what I mean by this.

Anyway fantastic thread and I really appreciate your previous contributions guys

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Rio Tinto to build large-scale solar project in Canadian Arctic
Australia-based Rio Tinto says it will build a solar plant in Canada’s Northwest Territories to supply electricity to its Diavik Diamond Mine, which is located about 200 km below the Arctic Circle.
AUGUST 11, 2023DAVID CARROLL
MARKETS
UTILITY SCALE PV
CANADA

Image: Rio Tinto
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Frompv magazine Australia
Rio Tinto said the new solar power plant will feature more than 6,600 bifacial PV panels. They will generate energy from direct sunlight and from the light that reflects off the snow. It is expected the facility will generate approximately 4.2 GWh of clean energy per year, or up to 25% of Diavik’s power needs.
Diavik Diamond Mine President and Chief Operating Officer Angela Bigg said the solar plant will significantly expand the operation’s existing renewable energy generation, which already features a wind-diesel hybrid power facility that has a capacity of 55.4 MW.
“We will be significantly increasing our renewable power generation with the largest solar power plant in Canada’s northern territories,” she said. “The combination of solar and wind power will work well together as solar is more predictable than wind, but wind can generate power at all times of the day. Having both will provide more consistent renewable generation.”

David is a senior journalist with more than 25 years' experience in the Australian media industry as a writer, designer and editor for print and online publications. Based in Queensland – Australia’s Sunshine State – he joined pv magazine Australia in 2020 to help document the nation’s ongoing shift to solar.
More articles from David Carroll
[email protected]

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