Make Kitco Your Homepage

How miners gets from diesel to renewables

Kitco News

Renewables benefit from being modular so miners can take incremental steps to becoming greener, said Chih-Ting Lo, Principal at EELO Solutions.

Lo said diesel can be a significant cost for miners, as high as 30%, and the move to renewables can occur gradually.

"You can start with having hybridization of the system. The great thing about renewable power systems is that they are modular and therefore you can continue adding more modules, whether that's wind or solar or even hydro to balance your power supply," said Lo.

"Over the long run you could displace diesel completely through hybridization and slowly increasing your renewable energy systems module by module."

Listen to our conversation with Lo.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News