06:04 AM EDT, 10/30/2024 (MT Newswires) -- Newmont Corporation ( NEM ) was at last look up 0.6% in US premarket after it overnight Tuesday announced the commissioning of its first battery-electric large mining truck at the Cripple Creek and Victor (CC&V) mine in Teller County, Colorado.

The company said commissioning of the vehicle, dubbed the Early Learner Cat 793 XE, marks an important milestone for Newmont ( NEM ) in terms of reducing greenhouse gas (GHG) emissions across its business, and was made possible through its strategic alliance with Caterpillar.

Currently, Newmont ( NEM ) said, surface and underground mining diesel combustion machines are responsible for a significant portion of its carbon emissions. Introducing innovative solutions like the Early Learner 793 XE at the mine-site level demonstrates a commitment towards reducing emissions, it added.

Newmont ( NEM ) and Caterpillar said they will focus on validating and testing the Early Learner 793 XE. "These efforts will provide insights into how mining operations can incorporate battery-electric large mining trucks," Newmont ( NEM ) said in a statement.