SOURCE: Energy and Mines

Energy and Mines

October 29, 2015 13:30 ET

Mining Leaders to Meet With Renewables Experts in London to Explore Collaboration

LONDON, UNITED KINGDOM--(Marketwired - October 29, 2015) - With energy accounting for 20-40% of operational costs, mines are looking to renewables to drive affordable and secure power solutions for grid-tied and remote operations. This January 28-29, leading mining executives will meet with renewable energy, finance and legal experts to network and explore renewable power options at the Energy and Mines London Summit.

This high-caliber Summit is a unique opportunity to meet with global mining decision-makers who are actively looking for alternative power solutions. Energy and Mines London Summit will focus on the latest case studies from mines integrating renewables and offer detailed discussions on financing and implementing renewables for the mining sector.

"I am looking forward to learning more about the cost-effectiveness of using renewables for mining," comments Christian Schaffalitzky, Managing Director and CEO of Eurasia Mining, who is speaking at the Summit. "Alternative solutions such as wind and solar do not provide steady baseload energy on their own, which means that their use requires either special situations or innovative management, something that I'm hoping to discuss at the Summit."

European mining operators see the Summit as an opportunity to discuss current energy policy frameworks. "The European Union is re-designing its policy for Raw Materials," points Vicente Gutiérrez, Deputy CEO of Iberpotash and VP of Spanish Mining and Metallurgy Association, who is also presenting at the Summit. "The 'Triple R' (Reducing, Renewing and Recycling) shows the key issues for the coming Circular Economy. Energy is the framework for all the industries and, in particular, for the Raw Materials one. Energy & Mines in London is the right place and time to analyze, discuss and make the best founded proposals to the EU Officers for the immediate future."

The agenda for the Energy and Mines London Summit features senior executives from major mining houses and junior operations sharing their energy strategies, including representatives from Anglo American, Acacia, KGHM, Iberpotash, Banro, ICL UK, First Quantum Minerals, Nordgold, Omya, Rio Tinto, Bacanora Minerals, Alecto Minerals, Berkeley Energy, Eurasia Mining and Alufer Mining.

Along with the latest case studies of renewable energy projects for mines, the event includes critical insight from finance experts including senior representatives from Goldman Sachs, HSBC, IFC, BNP Paribas, and Impala Energy.

Current sponsors include SolarReserve and Belectric. "SolarReserve recognizes the important role that Energy and Mines is playing in connecting the mining and renewables sectors through these global events," says SolarReserve's CEO, Kevin Smith.

About Energy and Mines

This Summit is part of a global series of events organized by Energy and Mines to draw links between the mining and renewables sectors and drive solutions that help address mining's energy challenge for affordable, secure and sustainable power. Alongside the London Summit, the company organizes events in Santiago (May 2016), Johannesburg (June 2016) and Toronto (October 2016).

Energy and Mines also produces case studies and reports to support the growth of renewables for mines. "This is an exciting market and we are seeing the scale and appetite for projects for mines increase significantly as they become more aware of the need to drive down power costs and the opportunities new solutions offer," says Adrienne Baker, Director of Energy and Mines. "The question is no longer whether renewables will play a role in powering mines but, rather, how and how big?"

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