Chile, South Africa and Australia are among the key mining markets that are ahead of the curve when it comes to incorporating renewable energy into the power mix at mines and projects, supported by favourable climates, government policies and elevated power costs, according to Fitch-owned market analysis company BMI Research’s recently published report on the mining industry’s use of renewable energy. BMI stated that, globally, miners will increasingly look to renewable energy to reduce power costs as mineral prices remain subdued over the coming years.
