Anglo American Sources 100% Renewable Electricity Supply for Australia Operations
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Anglo American has sourced the supply of 100 percent renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corporation, the Queensland Government-owned provider of electricity and energy solutions. The deal will effectively remove all scope 2 emissions from Anglo American’s steelmaking coal business in Australia from 2025, supporting Anglo American’s progress towards carbon neutral operations by 2040.
“Sourcing 100 percent renewables supply from Stanwell Corporation, linked to two major wind and solar projects in Queensland, is a big step towards our target of carbon neutral operations in Australia — and globally — by 2040. We are committed to playing our part to help combat climate change, including accelerating a number of technologies to abate our on-site emissions, from electrifying our truck fleet and other mobile equipment to capturing the methane from our steelmaking coal seams,” said Dan van der Westhuizen, CEO of Anglo American in Australia.
“I am delighted that we are able to support Stanwell Corporation in its investment in 650MW of renewables capacity for Queensland. Today’s deal brings significant environmental benefits and is NPV positive compared with our current energy mix, while underwriting a large investment in renewable energy generation for Queensland,” added Westhuizen.
“We are working tirelessly across our global footprint to reduce emissions. Many of the metals and minerals we produce are critical to the infrastructure and technologies required to decarbonize the world’s energy and transport systems — and this includes the ingredients needed for steelmaking. Our commitment to being part of the solution to climate change begins in our own business by meeting our emissions reduction targets and our 2040 operational carbon neutrality goal,” said Anik Michaud, Anglo American’s group director of Corporate Relations and Sustainable Impact.
“Combined with the agreements we already have in place for all our South America operations, from 2025 we expect to be drawing 60 percent of our global electricity requirements from renewable sources, transforming our scope 2 emissions profile. We are committed to producing the metals and minerals that we need to mitigate the extent of global warming in the most responsible and sustainable way,” added Michaud.
The partnership between Anglo American and Stanwell underwrites investment in the two major Queensland renewable energy projects — Clarke Creek Wind Farm in Central Queensland, and Blue Grass Solar Farm near Chinchilla.
About Anglo American
Anglo American is a leading global mining company and its products are the essential ingredients in almost every aspect of modern life. Their portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With people at the heart of their business, they use innovative practices and the latest technologies to discover new resources and to mine, process, move, and market our products to their customers — safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and metallurgical coal for steelmaking, and nickel — with crop nutrients in development — they are committed to being carbon neutral across our operations by 2040. More broadly, their Sustainable Mining Plan commits them to a series of stretching goals to ensure they work towards a healthy environment, creating thriving communities, and building trust as a corporate leader. They work together with business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which they operate.
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