Newmont Mining forms net-zero partnership with Caterpillar
US-based gold producer Newmont Mining has collaborated with mining equipment manufacturer Caterpillar to deliver a zero-emissions mining system to improve safety and productivity in the industry.
The collaboration will contribute to Newmont’s greenhouse gas (GHG) emissions reduction targets.
Newmont previously pledged to reduce more than 30% of its GHG emissions by 2030 and achieve net-zero carbon operations by 2050.
The partnership will enable the two firms to validate equipment, infrastructure, technologies and processes that would help transform surface and underground mining operations.
As part of the strategic alliance, Newmont will initially invest $100m to support the deployment of an all-electric autonomous haulage fleet in two continents.
The gold mining firm plans to deploy up to ten Caterpillar-developed battery-electric zero-emissions underground haul trucks at its Tanami mine in the Northern Territory in Australia by 2026.
Caterpillar will also deliver an automated haulage fleet of up to 16 for deployment at Newmont-operated Cripple Creek and Victor mine in Colorado, US, through 2023.
Newmont president and CEO Tom Palmer said: “A year ago, Newmont announced industry-leading emission reduction targets because we understand the human contribution to climate change.
