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                  The cost of decarbonisation




           hen  Africa  Down  Under  was  last   there’s nothing cheaper than solar power.   like DeGrussa and some other projects in
       Wconvened  in  its  traditional  format   It’s a win-win for everyone.”  Africa for that level of trust to come up. It’s
       three years ago, it is unlikely decarboni-  Juwi  Renewables  Pty  Ltd  global  direc-  also taken the technology time to catch up,
       sation would have been part of any major   tor of hybrid Dave Manning estimated the   there wasn’t a great deal of battery invert-
       discussion. In 2022, almost every                                            ers around 10 years ago, or even five
       mining company globally is talking                                           years ago. We had to develop those
       about net zero emissions.                                                    products and get them working and
        Some of the world’s biggest min-                                            get them reliable.”
       ing houses – including BHP Ltd,                                                However, De Cartetet warned
       Rio Tinto Ltd, Vale SA and Glen-                                             companies often needed to have a
       core – have committed to achiev-                                             decent amount of mine life in front of
       ing carbon-free status across their                                          them at a particular operation to justi-
       global mining portfolios by 2050, or                                         fy the purchase of renewable energy
       earlier in most cases. Even up-and-                                          systems.
       coming miners such as Bellevue                                                 “With solar panels, you really want
       Gold Ltd have pledged to be net-                                             to get a decent payback, so you’ve
       zero producers from first gold pour.                                         got to have a mine life at least 18-
        The  question  which  continues                                             25 years,” he said. “In the beginning
       to dominate most conversations is                                            when you first open a mine, usually
       whether it’s realistically possible for                                      quite often you’re very conservative
       all resources companies to meet                                              about the resource, so it might only
       those ambitious targets for decar-                                           be a 10-year life of mine…but if you’re
       bonised projects in the timeframes   Dave Manning (Juwi Renewables) and Mosa Mabuza (Council   only using it for 10, it makes the eco-
       promised.                                              of Geoscience South Africa)  nomics super tough.”
        Decarbonology founder Michelle                                                Council of Geoscience South Afri-
       Rhodes certainly thinks so.         10MW  solar  hybrid  farm  at  Sandfire  Re-  ca chief executive Mosa Mabuza said indi-
        “Yes, we can achieve it. It’s just a matter   sources Ltd’s DeGrussa copper mine in   vidual countries have a critical role to play in
       of cracking on, and cracking on quickly,”   Western Australia would now cost just $15   meeting net zero targets and urged political
       Rhodes said during a wide-ranging panel   million to build, compared to the $50 million   leaders around the world to offer incentives
       discussion on decarbonisation at                                             or enforce higher carbon taxes to en-
       Africa Down Under.                                                           courage greater appetite for alterna-
        “It’s an opportunity for our mining                                         tive energy sources.
       companies – they are leaders – but                                             “We need to take a step back and
       they’re only a portion of the emis-                                          look at the economics and look at
       sions globally. We need, as part of                                          what instruments do we pull in order
       our social licence to operate, for                                           for us to achieve the common objec-
       our mining firms to really continue                                          tives,” Mabuza said.
       to lead the way so that we can get                                             “That encourages everybody –
       this world decarbonised as quickly                                           mining industry, society, government
       as possible.”                                                                and everybody else – to deliver the
        Solarcentury Africa head Jason                                              win-win that we all desire.”
       De Carteret said the current uptake                                            Rhodes said greater collaboration
       for decarbonisation strategies by                                            between mining companies and gov-
       resources companies was “huge”,                                              ernment officials from both Australia
       predicting the industry  would ex-                                           and Africa could also help unlock
       perience a seismic shift in mental-                                          some of the ongoing decarbonisation
       ity similar to the upheaval in safety                                        challenges.
       policies decades ago.             Michelle Rhodes (Decarbonology) and Jason De Carteret   “I think we’ve all got to lean into this
        “When I go to mines, the amount                            (Solarcentury Africa)  problem globally, there’s no point one
       of toolbox talks and safety talks is                                         country doing work one way and an-
       fantastic and I think what we’re going to see   forked out for construction more than five   other doing it another way,” she said.
       is that shift of energy and focus on to the   years ago.                  “Certainly, there’s a real opportunity for
       ESG and on to the renewable energy,” De   “The cost curve has come down dramati-  Africa to be a leader in this space when you
       Carteret said.                      cally, but the other big factor is reliability on   look at the abundant solar energy, the ben-
        “There were lots of companies that came   a mine site,” Manning explained. “A typical   efits  to  the  communities…we  really  need
       to us maybe two years ago, but financially it   off-grid mine site is looking for about 99.8%   to put soils at the front, communities at the
       wasn’t maybe as good as it is now. But re-  reliability, that’s higher than the grid.  front and not think about these projects in
       newable energy is much more trusted now   “Reliability in power generation on a mine   isolation.”
       and many mines have now got these op-  site is critical and a lot of miners didn’t have
       erational hybrids. And, at the end of the day,   that level of trust back then. It took projects            – Michael Washbourne



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