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MIN | $33.89 (-2.36%)

Power

We are transitioning to cleaner and cheaper solutions and investing in alternative power sources for a cleaner future for us and our industry.

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The mining industry's energy costs for power generation and mobile equipment operations are driven by a reliance on diesel fuels.

MinRes is working to future-proof the supply of natural gas to fuel our sites, allowing us to reduce our dependence on diesel fuels.

We are currently installing gas power solutions for our newest remote operations, while also assessing off-grid renewable energy sources including solar and wind power generation complemented with battery storage.

MinRes’ transition to alternative gas solutions complements our progressive decarbonisation strategy, which also includes hybrid and full electrification of our mobile fleet and adoption of new technology such as efficiency improving fleet automation.

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Natural gas and LNG

We are investing in gas fuel sources for a cleaner future for our company and industry.

Natural gas power stations are delivering emissions savings at our Wodgina lithium operations and our 64MW capable power station at Wodgina is the largest of its kind on a mine site in the southern hemisphere. We are also commissioning two additional gas fired power stations for our Onslow Iron operations which will provide cleaner base-load generation to this significant project as we transition into renewables.

We are committed to transitioning to cleaner and cheaper gas solutions.

Renewable energy

Installation of solar panels across our Perth-based facilities has so far reduced our greenhouse gas emissions by approximately 981,000kg of CO₂ per year.

The successful installation of a 2.1MW solar panel-battery system at our Wonmunna iron ore project in the Pilbara region was another major step forward in our decarbonisation pathway.

This technology reduces diesel consumption by approximately 760,000 litres and carbon emissions by around 2,000 tonnes of CO₂ each year.

To complement our Onslow Iron gas-fired power stations, MinRes is also constructing a 3.8 MW solar farm at our Ken’s Bore site. When commissioned in early 2025, the solar array is expected to displace approximately 95 TJ of natural gas and reduce associated emissions by around 4,900 t CO2 e annually.

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