Wednesday , May 22 2024

Trevali committed to achieving overall Greenhouse Gas (GHG) emission reduction target of 25% by 2025

Trevali, a Canadian base metals company, has committed to achieving an overall Green House Gas (GHG) emission reduction target of 25% by 2025 from its 2018 baseline.

“With the signing of this agreement with EMESCO we have taken a major step towards delivering on our commitment by securing renewable energy while also reducing our expected energy costs,” said Ricus Grimbeek, president and chief executive.

The company has also signed a 15-year renewable Power Purchase Agreement with Emerging Markets Energy Services Company for its Rosh Pinah underground zinc-lead mine in Namibia (EMESCO).

During the life of the agreement, the PPA would provide 30% of Rosh Pinah’s power needs, according to Trevali. Trevali will receive no cost for the development of a solar energy system on a neighbouring land, and EMESCO will sell Trevali the power produced at a fixed rate.

The PPA is expected to reduce energy costs by 18% over the fifteen-year term of the agreement, and reduce GHG emissions at the company level by 6%, said Trevali.

The mining company added that if a planned expansion project for Rosh Pinah goes ahead, EMESCO will increase the delivery of power to Rosh Pinah while remaining at the 30% of the mine’s annual energy consumption stipulated in Namibian law.

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