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Mining companies relying more on renewable energy

Mining companies are increasingly looking to renewable energy to meet their power needs, as the subdued mineral price environment is incentivising firms to reduce reliance on more expensive diesel or distant, unreliable electricity grid systems, states research firm BMI Research. In its outlook for clean energy use in the mining sector, the firm notes that tightening environmental regulations, compounded by miners’ interest in improving their public image, will further accelerate this trend.