SANTIAGO, Dec 19 (Reuters) - Chile's state-run copper
miner, Codelco, will start using explosives with a significantly
lower carbon footprint at its Radomiro Tomic mine, the company
announced on Thursday.
Explosives are used in mines to break up rocks to more
easily process them and extract valuable metals.
WHY IT'S IMPORTANT
Codelco is the world's largest copper producer and its
decision to use alternative explosives underscores the
increasing pressure on mining companies to enhance their
environmental standards and reduce greenhouse gas emissions.
The pressure is especially high for copper mining which has
traditionally been more carbon-intensive.
BY THE NUMBERS
The new explosives are expected to cause a significant
reduction in the "Scope 3," or indirect, emissions, at the
Radomiro Tomic mine, which accounts for about 40% of Codelco's
explosive consumption.
The company has said it aims to achieve carbon neutrality by
2050.
KEY QUOTES
"Using an innovative product in the explosives market will
contribute to fulfilling our commitments to sustainable
development," Chairman Maximo Pacheco said in a statement.
"Its production involves 40% fewer greenhouse gas emissions
compared to grey ammonium," the statement added.
CONTEXT
The move to implement lower carbon explosives with the help
from manufacturer Enaex is part of the miner's broader strategy
to enhance production and achieve its annual targets, amid
falling output of the key industrial metal to a 25-year low.
Radomiro Tomic would be the first mining operation to use
Prillex ECO2, an explosive whose main component is blue ammonium
nitrate that is produced using advanced carbon capture and
storage technologies, which significantly reduces CO2 emissions
during the manufacturing process.
(Report by Fabian Andres Cambero, Writing by Aida
Pelaez-Fernandez; Editing by David Alire Garcia and Sandra
Maler)