LYC 0.82% $6.05 lynas rare earths limited

"Moving away from the legacy diesel power plant to a gas-firmed...

  1. 6,204 Posts.
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    "Moving away from the legacy diesel power plant to a gas-firmed hybrid renewable power station is a significant step in reducing the GHG emissions intensity of our Mt Weld operations. Pleasingly, our commitment to renewable energy sources also offers a lower unit cost of power compared to a thermal-only power solution."

    BOLD mine. Smart operator. This type of hybrid power is robust and sustainable. Similar transition from diesel, not long ago relegated to island grids and the like, will become the norm wherever possible. Wind power at 3X the PV tells a story; wind is cheapest. All with a big BESS. LOVE IT.
    Last edited by Chemist1959: Yesterday, 22:04
 
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