Sun-drenched mines look to the skies to cut fuel costs
They join chemical producers, steelmakers in seeking to replace traditional power sources with renewable energy
Hong Kong
THE DeGrussa copper and gold mine in Australia's sun-scorched outback is getting a solar farm, the latest example of the industry embracing clean energy.
The plant will replace about five million litres of diesel a year, a fifth of the mine's energy needs. Energy generated by the system may eventually cost about half that of diesel-generated power, according to Sandfire Resources NL, the deposit's owner.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Oil settles higher as weak US economic growth offset by supply concerns
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard
Gold trades in tight range as market focuses on US economic data