The company is redesigning its operations to become carbon neutral.
Minera Las Bambas has received the "Renewable Energy Certificate" from Enel Perú, accredited by SGS, which certified that the electric company supplied the mining company with its total electric energy consumption during the year 2021 (1,157,278 MWh) with power from renewable sources.
This certification is part of Las Bambas' Decarbonization and Resilience Building strategy in the face of the Global Climate Emergency, through which it is redesigning its operations to reduce its greenhouse gas emissions by 40% by 2030. Its ultimate goal is to reach zero greenhouse gas emissions by 2050 and to become one of the leading companies in the transition to zero-emission mining.
"This certification demonstrates Las Bambas' commitment to combating climate change, since we understand that the time to take action is now," said Edgardo Orderique, General Manager of Operations at Minera Las Bambas. “Our strategy considers operational, technological changes, and market mechanisms to implement new technologies at competitive costs and generate sustainable solutions”, he added.
For his part, Marco Fragale, Country Manager of Enel Perú, said: "At Enel Perú we are committed to being allies of all the actors in society that seek to achieve the energy transition of our country, which is why it has been a pleasure to be able to reaffirm our position as strategic partners of Las Bambas in their energy transition, aligning ourselves with its decarbonization strategy of their mining operations through renewable energy.”
“At Enel Perú we work to achieve a transition towards a sustainable economy, based on technologies with low carbon emissions. In this sense, the Green Certificate is a tool to involve the different productive sectors of the country in the energy transition process that will benefit Peruvian society as a whole”, commented Karen Soto, Head of Commercialization & Trading of Enel Perú.
It should be noted that electricity represents 27% of the company's total emissions, so it is a crucial step that they are taking towards the goal of becoming carbon neutral by 2050.
- The certified renewable energy comes from Enel's hydro park. Said energy is used in the operations of the Las Bambas mining camp, located in Challhuahuacho, province of Cotabambas, in Apurímac.
- The Green Certificate is one of the initiatives developed by Enel Perú to promote the country's energy transition.
As part of its path to carbon neutrality, Las Bambas is defining its roadmap to migrate from diesel to green hydrogen, while also looking at other alternatives. In this sense, during the course of the previous week, Las Bambas has been accepted as a member of H2 Perú, the Peruvian Hydrogen Association, a non-profit entity that represents the green hydrogen ecosystem in Perú, and the one that will give the impetus corresponding to achieve its objectives for 2030 and 2050.
H2 Perú, Asociación Hidrogeno Perú, is a collaborative space that promotes the decarbonization of the economy through the use of Green Hydrogen for sustainable and resilient growth in Perú, while also contributing to the national strategy, the regulatory and technical framework for this purpose, and the Research and Development (R&D) projects of its members, now including Minera Las Bambas.
Las Bambas, September 28, 2022.
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