Cleaner fuels – a bridge to electrification?
Many mining companies are turning to cleaner fuels as an immediate solution to reducing operational emissions. We look at the options available while the sector awaits the electrification revolution.
05 June 2024
05 June 2024
Many mining companies are turning to cleaner fuels as an immediate solution to reducing operational emissions. We look at the options available while the sector awaits the electrification revolution.
The new facility will scale up the innovative ironmaking process used by the company.
BHE Renewables intends to construct and operate commercial lithium production facilities within the Imperial Valley.
The facility is the first of its kind in North America's north-east and is currently in the commissioning phase.
The company will pay $25,000 (A$37,646) upon signing and the remaining $75,000 after a 30-day due diligence period.
The engineering, procurement and construction management (EPCM) contract will be finalised after the final investment decision (FID), laying the groundwork for the commencement of operations in 2026.
The company will retain a 3% net smelter return (NSR) royalty on minerals extracted from the property.
Upon completion, the transaction will be classified as a "fundamental change" for Canadian GoldCamps.
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