Facing increasing pressure from customers, some miners are switching to renewable energy - News Summed Up

Facing increasing pressure from customers, some miners are switching to renewable energy


In a nutshell:A nickel smelter in Sulawesi, Indonesia, operated by global mining company Vale, produces 75,000 tons of nickel annually for various applications, including batteries and electric vehicles. As demand for materials like nickel rises for renewable energy technologies, mining companies worldwide are moving towards cleaner energy sources and more sustainable practices, driven by technology advancements, customer pressure, and clean energy policies. And they’re looking at greenhouse gas emissions,” said Aimee Boulanger, executive director of the Initiative for Responsible Mining Assurance. As demand for materials like nickel and cobalt surges for renewable energy technologies, maintaining a sustainable and low-carbon supply chain is essential to meet climate goals. Adopting renewable energy sources not only reduces emissions but also attracts green financing, future investors, and aligns with the environmental and social responsibility expectations of consumers and stakeholders.


Source: Washington Post October 03, 2023 22:43 UTC



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