Industry Talk- Will Tesla Purchase a Mine?

World’s largest hydrogen-powered mine haul truck

Multinational mining company Anglo American has unveiled a prototype of the world’s largest hydrogen-powered mine haul truck. Launched in South Africa at the Mogalakwena PGMs mine, the 2MW hydrogen-battery hybrid truck (pictured) is capable of carrying a 290-tonne payload. Incredibly, the hydrogen powered truck generates more power than its diesel predecessor. The prototype is part of Anglo American’s nuGen Zero Emission Haulage Solution (ZEHS).

 

Tesla to purchase mining company

Elon Musk has suggested he may have to buy his own mining company to produce his own supply of electric vehicle metals, amid fears that the supply of lithium, copper, nickel and other metals could not match demand. “It’s not out of the question,” Musk told the FT Future of the Car conference.

 

Funding for Aboriginal opportunities

$14.6 million has been promised by The WA Government to ensure developments in the state’s resources industry deliver improved outcomes for Aboriginal people. The Department of Mines, Industry Regulation and Safety has committed to establish an Aboriginal Empowerment Unit to develop and implement its Aboriginal Empowerment Initiative (AEI) program. This program will improve information access for related activities on their lands and will ensure mining and resources projects and policies are developed in a culturally respectful way.

Bumper contributions from WA mining and resources sector

Australia’s gold industry contributed $23 billion to the economy in 2021, furthering the nation’s economic prosperity. Australia has 82 operating gold projects accounting for 9 per cent of global mine production. WA has 11 of the largest gold mines in the world, making it the country’s major gold producer, and accounting for almost 70 per cent of Australia’s total gold production.

Sources: www.australianmining.com.au, www.firstmode.com

photo credit: Firstmode