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Analyst Opinions
NewDevelopment of Electric Mining Vehicles in Surface and Underground Mining, 2024
As miners strive to reduce greenhouse gas emissions, many are beginning to invest in battery-powered and electric-powered mining fleets as they embark on the long-term goal of diesel displacement. 'The pace of switching to electric mining vehicles is increasing. Underground over 320 LHDs and mining trucks were running on electric power by March 2024, while for surface mines the use of electric-powered mining trucks has been picking up with almost 240 trolley-assist trucks and 129 battery-powered surface trucks.
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Sector Analysis
Decarbonizing the Steel Industry – Trends, Assessing Technologies, Challenges and Case Studies
Decarbonizing the Steel Industry Report Overview Steel accounts for 9% of global CO2 emissions and is considered a hard-to-abate industry. Amidst strong forecast growth over the coming decades, major changes need to be implemented to get steelmaking on track and in line with the Paris Agreement. Secondary-stream steelmaking recycles scrap steel and makes up around 30% of global steel production. The recycling rate for steel is estimated by the World Steel Association at 85% with limited room for improvement. Increased...
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Analyst Opinions
Digging Deeper into Sustainability – Key Disruptive Forces in Mining (Vol.2)
Disruptive Forces in Mining Report Overview Mining companies are embracing sustainable practices, including urban mining, implementing ore sorting technologies, and leveraging new technologies to promote resource recovery and streamline mining operations. Companies are utilizing urban mining to recover valuable resources from e-waste, construction waste, industrial waste, and landfills. Ore sorting technologies are employed by companies to separate and process mined ore, based on its composition and characteristics efficiently, improving resource utilization, and reducing processing costs. Furthermore, mining companies are leveraging...
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Analyst Opinions
Digging Deeper into Sustainability – Key Disruptive Forces in Mining (Vol. 1)
Key Disruptive Forces in Mining Report Overview The mining sector is undergoing transformation through drivers such as enhanced safety, cost-cutting, enhanced productivity, and ESG goals. To achieve these objectives, the industry is adopting industry trends such as automation, alternate energy sources, connected mines, and workforce monitoring. Overall, the sector aims to improve sustainability, efficiency, and accountability while reducing risks and costs. The ‘Digging deeper into sustainability: key disruptive forces in mining’ FutureTech series report categorizes key innovation areas in mining...