“The 2021 financial year was pivotal for South32. We completed the divestment of South Africa Energy Coal, a significant step in the transformation of our portfolio and the delivery of our strategy.” Vanessa Torres, S32 Chief Technical Officer. @diggersndealers#diggersndealers
“In the last year we also divested our TEMCO manganese alloy business. The divestments of South Africa Energy Coal and TEMCO significantly simplify and improve our portfolio, reducing our capital intensity and improving our underlying operating margins.”
“In FY21, we achieved our first short-term emissions reduction target of keeping our scope one emissions below our 2015 baseline. We’re proud of this achievement, but we also know there is more work to be done to reach the goal we set in 2015 of net zero emissions by 2050.”
“We have set a medium-term target to halve our operational emissions by 2035 compared to a 2021 baseline, which would be a major step towards meeting our net zero goal.” #diggersndealers
“When we think about our development options, our focus is not only on providing the commodities needed for a low-carbon future but also looking at how we can develop them to be carbon neutral mines.” #Diggersndealers
“We view Hermosa as a potential ‘next generation mine’, presenting an opportunity to redefine the way we operate to deliver transformational safety and productivity outcomes and redefining the relationship between mining and the environment.”
“Working together will be critical, so we can share knowledge, experience and apply economies of scale to investment and trials. We are already working with partners across the industry to overcome obstacles towards decarbonisation and share learnings.” #Diggersndealers
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