Industry
The Poseidon Principles: A Groundbreaking New Formula for Navigating Decarbonization
For the past 18 months, Rocky Mountain Institute (RMI) has worked behind closed doors with an unprecedented coalition to establish the Poseidon Principles. Today, June 18, 2019, the Principles become public as 11 banks representing approximately $100 billion become the founding signatories of the agreement. The…
Repowering Old Mines with New Energies in the Southwestern United States
A common challenge that mining companies face with legacy sites is what to do with the disturbed land once the resource has been exhausted or extraction is no longer profitable. After closure, mines need to undergo a long process of reclamation. At this stage, the reputation of mining companies—their social…
A Renewable Hydrogen Way Forward for the Mining Industry?
Mining companies are facing significant challenges in their efforts to decarbonize, and are looking for more opportunities to incorporate dynamic technologies to aid these efforts. The challenge in many cases is to do this without limiting the efficiency of the extraction and processing systems. Renewable energy solutions can offset many…
Mining for Emissions Reductions: Strike while the Earth Is Cool
Download RMI’s new report Decarbonization Pathways for Mines: A Headlamp in the Darkness. Companies involved in natural resource extraction and refinement are uniquely positioned to both benefit and suffer from society’s response to climate change. On the one hand, global demand for many metals and minerals is increasing…
How Mining Can Help Bring Clean Energy Access to the Developing World
It is no secret that the mine of the future must be vastly different than the mine of the past. With increasing fuel prices and social pressures, decreasing ore grades, and more complex energy challenges, mining companies must learn to navigate new terrain if they are to thrive in…