BHP 1.09% $42.68 bhp group limited

Underground going electric, page-14

  1. 4,317 Posts.
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    Besides fumes and other issues underground or above ground the huge cost of fuel is clearly changing how to power mining equipment world wide.

    Hydrogen FCEV, BEV changes are more than a dream and those correctly pointing out dirty diesel gen sets bleaching too much smoke and C02 power sources need changing is not optional for many international business

    On the very bright side it is very very clear electrification on remote sites can be cheaply achieved and best of all it world wide demand of electrification required more than 10 times the current copper output which we will be the supplier of.

    Not happening over night- it will be fast and quiet. Gold fields 20% via PV https://www.goldfields.com/news-article.php?articleID=10923 or https://vivopower.com/news-and-insights/why-solar-power-in-mining-makes-perfect-sense/
    Fully appreciate 24/7 operations need full time power not 25% or 50% options such as solar or wind.

    today's news "Worldwide, growth in renewable power capacity is set to double by 2027, adding as much renewable power in the next five years as it did in the past two decades, the International Energy Agency said Tuesday.

    Renewables are poised to overtake coal as the largest source of electricity generation by early 2025, the report found, a pattern driven in large part by the global energy crisis linked to the war in Ukraine.

    “This is a clear example of how the current energy crisis can be a historic turning point toward a cleaner and more secure energy system,” said Fatih Birol, the I.E.A. executive director, in a news release.

    "

    Due to NIBY types here Small Nuclear Reactors that a likely to be a large part of decarbonising power which would be perfect for remote mines are not likely here in Australia. In other more science based countries it is highly likely to see all options considered and best options used.

    How much more copper is needed is a lovely question to ponder Have a great day

    https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/energy-transition/051122-massive-copper-supply-required-for-electrification-of-global-economy-friedland
    Last edited by NavyDiver: 07/12/22
 
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