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Renewable energy - Brazil
Since 2019, Anglo American has signed agreements with Casa dos Ventos and AES Tietê to provide wind power and with Atlas Renewable Energy to provide solar power to meet all the electricity needs of Anglo American’s iron ore and nickel operations. Our CO2 emissions in Brazil are expected to reduce by approximately 70% as a result.
Renewable energy – Chile
In 2019, Anglo American signed an agreement with Enel Generación Chile to provide renewable power (a mix of wind, solar and hydroelectric) to meet all the electricity needs of Anglo American’s copper operations in Chile. Our CO2 emissions in Chile are expected to reduce by approximately 70% as a result.
Our 44% owned copper operation, Collahuasi, signed agreements with both Enel and solar power producer Sonnedix to provide 100% renewable power for the operation from April 2020.
Renewable energy – Peru
In 2021, Anglo American signed an agreement with Engie Energía Perú to provide a combination of wind and hydroelectric power to meet all the electricity needs of the Quellaveco copper operation which is expected to begin production in 2022. Our CO2 emissions in Peru are expected to reduce by approximately 70% compared with our original project baseline projections.
Quellaveco
Anglo American is developing Quellaveco – one of the world’s largest undeveloped copper deposits, located in the Moquegua region in the south of Peru. Quellaveco is on schedule to start producing copper in 2022 and is expected to add an estimated 300,000 tonnes per year of copper equivalent production at a highly competitive first quartile cash cost (100% basis and on average over the first ten years) to Anglo American’s current annual production of more than 640,000 tonnes of copper. Quellaveco has a current Reserve Life of 30 years and provides significant further expansion potential. Anglo American owns 60% of Quellaveco and Mitsubishi Corporation holds a 40% interest.
Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, development projects and undeveloped resources, provides many of the metals and minerals that enable a cleaner, greener, more sustainable world and that meet the fast growing consumer-driven demands of developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to mine, process, move and market our products to our customers – and to discover new resources – safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, the steelmaking ingredients of iron ore and metallurgical coal, and nickel – with crop nutrients in development and thermal coal operations planned for divestment – we are committed to being carbon neutral across our operations by 2040. We work together with our business partners and diverse stakeholders to unlock sustainable value from precious natural resources for the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com