Point Roberts, WA and Delta, BC – June 24, 2021 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV, CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO’s and leading experts.
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Exploring Mining Podcast Episode 179 – News from (NYSE: RIO) (NYSE: NEM) (NYSEAmerican: LODE) (TSXV: FVAN)
Rio Tinto Group (NYSE:RIO) has signed a memorandum of understanding (MoU) with Schneider Electric, for a “first of its kind collaboration to develop a circular and sustainable market ecosystem for both companies and their customers.” This will see the latter use responsibly sourced materials produced by the former, including low-carbon aluminium and copper produced with renewable power, iron ore, and borates. Alf Barrios, Rio Tinto’s Chief Commercial Officer, said:
“This unique partnership will help accelerate decarbonisation and renewable energy solutions by combining low-carbon materials with cutting-edge digital technology. Working together will allow Rio Tinto and Schneider Electric to pursue opportunities beyond what is possible for either company on its own. This collaboration also opens doors to consider strategic initiatives such as expanding the use of artificial intelligence and predictive analytics to reduce downtime in our plants, digitization of our supply chains, and a host of other transformative technologies.”
Newmont Corporation (NYSE:NEM) has launched its inaugural Climate Strategy Report, which outlines its climate-related risks and opportunities, strategic planning, and pathways to achieving climate targets. Newmont’s President and CEO Tom Palmer explained:
“It is our firm belief that climate change is one of the greatest challenges of our time and that Newmont must be a catalyst for change. It is our responsibility to operate our business in a sustainable way in order to generate long-term value whilst mitigating climate change’s effect on our operations. We continue to hold ourselves to high standards of performance while continuing our commitment to transparent reporting. Today we send a clear signal that Newmont has moved beyond managing climate change as a sustainability issue to incorporating these risks and opportunities into our business strategy and business planning process.”
Comstock Mining Inc. (NYSEAmerican:LODE) has announced the acquisition of 100 percent of the equity of Renewable Process Solutions, Inc. (RPS), described as “an advanced process engineering and renewable technology development company.” RPS, according to the press release, “designed and built 21 advanced renewable fuels production facilities since 2006, and RPS currently provides engineering, procurement, and construction (“EPC”) services for the renewable metals, mining, petrochemical, and fuels industries.”
“The effective tracing of the root system by IP on our property gives us tremendous advantages in our selective vector drilling campaign. We are excited to resume drilling. The recent $6 million raise provides the fuel for an extensive season of drilling.”
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