Electric Vehicles May Play Crucial Role in Reduction of

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
408
Electric Vehicles May Play Crucial Role in Reduction of Greenhouse Emissions in Mining

Major mining companies around the world have pledged to significantly decrease their greenhouse gas emissions, with many hoping to achieve carbon neutrality in the next three decades. Switching to battery-powered vehicles from diesel vehicles may help achieve these companies achieve this objective.

Many companies are already working towards electrifying their mining fleets, especially for underground mines where battery-powered or tethered dump, haul and load vehicles (LHDs) are becoming more popular. In addition to reducing greenhouse gases, LHDs also considerably reduce ventilation costs.

Companies such as Kirkland Lake Gold and Newmont have pioneered the use of battery-electric vehicles (“BEVs”), with leading mining firms such as Vale, BHP and Rio Tinto striving to grow their electric vehicle fleets.

Kirkland Lake Gold first introduced battery-electric vehicles at its Macassa Mine in 2013, which led to a decrease in greenhouse gas emissions by almost 2,400t CO₂. By the year 2019, the Macassa mine had 9 haul trucks and 24 battery powered LHDs, with 80% of production of ore being conducted by battery-electric equipment.

Over in Canada, the Borden gold mine by Newmont was the pioneer fully electric underground mine in the world when it started commercial production a few years ago. This move eliminated 50% of aggregate greenhouse gas emissions on site.

Recently, Ivanhoe Mines revealed that its Kamoa-Kakula mine would be the number0one net-zero carbon emitter copper mine as its mining fleet is fully electrified, either through hydrogen fuel cells or electric batteries. While the mine is yet to commence production, it is expected to do so in the coming month.

Earlier this year, WAE entered into an agreement with Fortescue Metals Group to develop a zero-emission electric haul truck that will be used in mining operations. The company plans to develop a battery system that can regenerate power. This battery will be designed at the latter’s facility in Oxfordshire in the United Kingdom before being ferried to Perth for integration and testing.

A poll conducted between March and May of this year has found that 30% of its respondents are of the opinion that using battery-powered vehicles may lead to a significant decrease in emissions from mining operations in the near future. This is in comparison with the 21% who expect that the biggest impact will come from the use of on-site renewable energy and 16% from vehicles that are hydrogen powered.

With regard to hydrogen, another top miner in the industry, Anglo American, is collaborating with Engie to build a hydrogen-based haul system. The company estimates that eliminating the use of diesel vehicles at its sites will decrease the greenhouse gas emissions by almost 14%.

The more companies opt for electric vehicles in the mining sector, the better it will be for sector players such as Asia Broadband Inc. (OTC: AABB) to choose exactly what suits their unique operational needs.

NOTE TO INVESTORS: The latest news and updates relating to Asia Broadband Inc. (OTC: AABB) are available in the company’s newsroom at https://ibn.fm/AABB

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer


Asia Broadband Inc (AABB) Stock Research Links

AABB Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

USPS Honors 150 Years of the U.S. Coast Guard Academy

Updated Category News Views 7

Honoring Tradition and Service The good ol’ U.S. Postal Service is at it again, giving a tip of the hat to a slice of American military heritage. This time, they’re putting out a new stamp to celebrate the 150th anniversary of the U.S. Coast Guard Academy. And you know where they did the honors? Right there on Custom House Pier in New London, Connecticut, a place that...

Continue Reading
U.S. Green Beret's Mission: Clearing Landmines in Ukraine

Updated Category News Views 3

The Rise of "Safe Ground" on Prime Video This isn't your typical feel-good story—it’s about grit and the unending fight for 'normalcy' where war left scars. Safe Ground, now streaming on Prime Video, showcases Ryan Hendrickson, a U.S. Army Green Beret whose story takes a sharp turn after stepping on an IED in 2010. The day he almost became just another statistic...

Continue Reading
D-Wave Faces Legal Questions After CFO Exit and Losses

Updated Category News Views 3

Trouble Brews at D-Wave Quantum Smack in the middle of market chaos, D-Wave Quantum Inc. (NASDAQ: QBTS) seems to have hit a rather gnarly pothole. With disappointing revenue figures for Q2 of 2026—coming in at a measly $3.08 million, far below the expected range of $4.03 million to $4.08 million—investors have more than enough reasons to be irked. When the numbers...

Continue Reading
Tam-Peli Steps Up in SCLC Battle: Trial Insights

Updated Category News Views 5

Noteworthy Developments in Small-Cell Lung Cancer Treatment Let's dive into a story straight from the world of small-cell lung cancer (SCLC) that doesn't take any prisoners. The antidote making waves is tambotatug pelitecan, or Tam-Peli for short, showcasing its might in the unrelenting fight against relapsed SCLC. The phase III TAISHAN-302 trial puts Tam-Peli...

Continue Reading
Damp or Dry: The Battle for Healthy Air in Colorado

Updated Category News Views 5

The Hidden Cost of Colorado's Dry Air Dry climate isn't just a seasonal inconvenience—it's a real hidden cost to living comfortably and healthily in Colorado. With winters colder than a brass monkey's tail and summers that don't offer much relief in terms of humidity, your home's air quality is on the front line. So, what's the financial tale here, and how do you come...

Continue Reading
Ris-Rez May Set New Standard in Relapsed SCLC

Updated Category News Views 4

The Game-Changing Results Innovation in pharmaceuticals sometimes feels like a waiting game, but when a fresh breakthrough like this rolls in, it lights up the whole landscape. Risvutatug rezetecan, or Ris-Rez for short, has shown promising potential in the fight against relapsed small-cell lung cancer (SCLC) that has progressed after platinum-based therapy. Survival...

Continue Reading
PureHealth's Acid Reflux Solutions: An Investor's Insight

Updated Category News Views 4

Digestive Wellness: The Emerging Opportunity Some days, it feels like everybody's got a gripe about their gut. You nod along at the lunch counter, folks buzzing about digestive this and acid that. But when PureHealth Research pops up with their fancy supplements, well, even the stock market's noisier nonsense starts sounding a bit quieter. They're banking big on the...

Continue Reading
Trial Disappointment: No Significant Gains in NSCLC

Updated Category News Views 6

Dissecting the Nuances of the EVOKE-03/KEYNOTE-D46 Trial Every once in a while, we come across a trial that rattles cages in the research community. Today, it's the EVOKE-03/KEYNOTE-D46 trial, a collision of hope and hard-knock reality. This Phase 3 trial, which sought to explore the potential combo of sacituzumab govitecan (SG) and pembrolizumab on metastatic non-small...

Continue Reading
PwC US and India Unite for Global Consultancy Powerhouse

Updated Category News Views 5

Rearranging the Consultancy Chessboard Piling onto the game of consultancy realignments, PwC just made a move reminiscent of playing strategy poker. They're tossing together PwC US and PwC India's advisory capabilities for a new joint venture. It’s like pushing two puzzle pieces to make a single colorful picture that stretches from the U.S. all the way to the...

Continue Reading
Pizza: The Unlikely Symbol of Universal Togetherness

Updated Category News Views 6

Why Pizza Is More Than Just Food They say a slice of pizza can tell a story. Whether it's a late-night snack amongst college buddies or the centerpiece of a family's Friday tradition, pizza unites like few others can. It morphs from a study aid into a tool for togetherness without skipping a beat, much like a chameleon of the food world. And no one understands this better...

Continue Reading

Top 5 Most Recently Viewed Articles

Waller Supports Fed's Strategic Interest Rate Adjustment

Updated Category News Views 141

Waller Backs Fed's Rate Adjustment Strategy In a recent conversation about the Federal Reserve's monetary policy, Board of Governors Member Christopher Waller provided insights into the FOMC's choice to cut interest rates by 50 basis points. This announcement drew considerable attention during an interview broadcasted on a well-known financial news channel. These remarks...

Continue Reading
BayCare Welcomes Lynnette A. Clinton as New Chief Information Officer

Updated Category News Views 268

BayCare Health System Welcomes Lynnette A. Clinton Lynnette A. Clinton has made a significant return to BayCare Health System, taking on the key role of Chief Information Officer (CIO). Having previously served as the vice president of applications, Clinton is recognized for her leadership skills and dedication to advancing healthcare technology. Leadership Role and...

Continue Reading
FLSmidth Announces Successful Share Buy-Back Transactions

Updated Category News Views 212

FLSmidth's Strategic Share Buy-Back Program FLSmidth & Co. A/S has embarked on a significant share buy-back initiative aimed at enhancing shareholder value and demonstrating confidence in its operational capabilities. The company, a leading supplier of technology and services to the global mining industry, announced a program that allows for the repurchase of shares up to...

Continue Reading
Patrick Industries Boosts Quarterly Dividend for Investors

Updated Category News Views 121

Patrick Industries Announces Dividend Increase Patrick Industries, Inc. (NASDAQ: PATK) recently revealed an increase in its quarterly cash dividend, a move that reflects the company's lasting commitment to its shareholders and the robustness of its operational model. This decision comes as part of the company's ongoing strategy to deliver rewarding returns to investors....

Continue Reading
Omega Healthcare: Leading the Way in Ambulatory RCM Services

Updated Category News Views 117

Omega Healthcare Celebrates Recognition in RCM Services Omega Healthcare has been honored with the prestigious 2026 Best in KLAS award, distinguishing itself as a top performer in Ambulatory RCM Services. With an outstanding overall performance score of 92.2, this recognition marks a significant milestone for the company, reflecting its commitment to delivering...

Continue Reading