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<\/p>\n\n\nColorado-headquartered miner Newmont and equipment producer Caterpillar have confirmed a new strategic alliance that will fast-track deployment of an all-electric autonomous haulage fleet and\u00a0deliver a fully connected, automated, zero carbon emitting, end-to-end mining system.<\/p>\n\n\n\n\n\n\n\n
Under the deal\u2019s outlines, Newmont will provide US$100 million in preliminary investment funds as the two begin drafting goals for the underground mining infrastructures and haulage fleets at the Cripple Creek and Victor (CC&V) mine in Colorado and the Tanami mine in Northern Territory, Australia.<\/p>\n\n\n\n
The companies will be introducing an automated haulage fleet of up to 16 vehicles at CC&V through 2023 under the partnership and will transition the site to haulage fleet electrification.<\/p>\n\n\n\n
It will also implement Caterpillar’s advanced electrification and infrastructure system, delivering a test fleet sometime in 2026 to the complex.<\/p>\n\n\n
<\/p>\n\n\n
Newmont and Cat also plan to validate first-of-a-kind battery electric haulage technology in the years prior to full production of autonomous electric haulage equipment.<\/p>\n\n\n\n
Caterpillar will then develop its first battery electric zero-emissions underground truck to be deployed at Tanami by 2026. That component of the initiative involves the deployment of a fleet of up to 10 battery electric underground haul trucks, supported by Caterpillar\u2019s advanced electrification and infrastructure system. <\/p>\n\n\n\n
It specifically includes first-of-a-kind battery electric haulage technology for underground mining in 2024, the introduction of battery autonomous technology in 2025, and full deployment to follow in 2026.<\/p>\n\n\n\n
Newmont has previously outlined its 2030 greenhouse gas (GHG) emissions reduction targets of more than 30%, with an ultimate goal of being net zero carbon by 2050.<\/p>\n\n\n\n
Once announcing its plan in 2020, Newmont earmarked an initial investment of $500 million over five years to find those pathways.<\/p>\n\n\n\n
Tom Palmer, president and CEO, said: \u201cWe [have now] furthered that commitment by announcing a new strategic alliance with Caterpillar to address climate change by fundamentally changing the mining industry through the rapid development and implementation of a comprehensive all-electric autonomous mining system to achieve zero emissions mining.<\/p>\n\n\n\n
\u201cBuilding pathways to decarbonization is essential for the future of mining,\u201d he added. \u201cNewmont\u2019s surface and underground mining fleets are responsible for approximately 40% of the company\u2019s carbon emissions. Building a new model for surface and underground mining is critical to delivering on Newmont\u2019s emissions reduction targets.\u201d<\/p>\n\n\n\n
Sources: Newmont<\/a><\/em> and Caterpillar<\/a>\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Colorado-headquartered miner Newmont and equipment producer Caterpillar have confirmed a new strategic alliance that will fast-track deployment of an all-electric autonomous haulage fleet and\u00a0deliver a fully connected, automated, zero carbon emitting, end-to-end mining system.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495],"tags":[716,40,624,171,114],"coauthors":[],"class_list":["post-1366","post","type-post","status-publish","format-standard","hentry","category-latest-news","tag-autonomous-haulage","tag-caterpillar","tag-emissions","tag-newmont-mining","tag-underground-mining"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t