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British mining giant Anglo American reaches 100% renewable energy goal in South America

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(Kitco News) - Anglo American (AAL.L, AAM.SW) announced Thursday that it has delivered on its commitment to source 100% renewable energy for all its operations in Brazil, Chile and Peru.

Anglo American said that having already secured renewable energy to meet all its power requirements for its iron ore and nickel operations in Brazil from 2022, and for its copper operations in Chile from 2021, Anglo American has now signed an agreement with Engie Energía Perú to provide 100% renewable energy for the Quellaveco copper operation in Peru that is expected to begin production in 2022.

Tom McCulley, CEO of Anglo American in Peru, commented, "The combination of renewable energy and our FutureSmart MiningTM programme's higher precision technologies which target the required metals and minerals more precisely, with reduced water, energy and capital intensity, is changing the very nature of mining and how our stakeholders experience our business - for the better."

The company added that sourcing of only renewable energy to power its operations across South America marks another step towards Anglo American's 2030 GHG reduction target of 30% and towards its commitment to be carbon neutral across the company's global operational footprint by 2040.

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