Business
Weir study on energy in mining
Weir study on energy in mining.
About this update from Weir Group Plc
[{"type":"text","content":"\n\n \nNew study by Weir highlights big energy saving opportunity in mining\n \nThe Weir Group PLC, a global mining technology leader, has completed a comprehensive study that highlights a significant opportunity to reduce energy use and emissions in comminution, the rock crushing process that is key to minerals extraction, and that consumes around 3% of the world's electrical power each year1. The study shows that replacing conventional technology with innovative new solutions can cut energy use by 40% while also avoiding 50% of CO2e emissions.\nSpeaking at a COP28 panel discussion hosted by the Ministry of Economy, Trade and Industry of Japan and moderated by the World Business Council for Sustainable Development (WBCSD), Paula Cousins, Chief Strategy and Sustainability Officer at Weir revealed the details of the study that demonstrates how using innovative technologies to crush rocks can yield significant sustainability benefits at lower operating cost.\nThe findings of the study come at an important time. Metals, such as copper, nickel and lithium, are critical elements of the technologies that will power a low carbon future and it is widely accepted that a substantial increase in the production of these metals is needed for the transition to net zero. In response, the mining industry is actively seeking to adopt new technologies which extract and process those metals in more energy efficient and sustainable ways, alongside increasing the use of renewable power. \nWeir's study focuses on comminution - the crushing process that turns big rocks into tiny particles to expose the entrapped mineral so that it can be extracted later in the mining process. Comminution is the most energy intensive stage of a typical mine site process. It is already electrified and is responsible for at least one-third of an average mine's energy use and CO2e emissions1 and globally consumes around 3% of the world's electrical power1.\n \nGiven its energy intensity, the decarbonisation opportunities in comminution are huge, with the basic comminution process not having changed significantly for many decades. Weir is collaborating with customers and other partners to redefine the process, developing innovative combinations of proven technologies to make significant improvements to efficiency and environmental performance.\n \n...