Canadian mining operators have a big challenge – to operate sustainably in a business environment that is seeing price increases, tighter government regulations, an increasing carbon tax and a soon-to-be-implemented low carbon fuel standard. Changes are happening rapidly throughout the mining industry and many companies are embracing the shift by setting ambitious emission targets. Recently, a group of the world’s largest mining companies, the International Council on Mining and Metals, pledged to reach net zero greenhouse gas (GHG) emissions by 2050 or sooner. In alignment with the Paris Agreement¹, this announcement demonstrates the monumental changes that are taking place in the industry.

Mining companies, committed to making the changes required to create a more sustainable future, are seeing the results. Advancements in innovation including renewables and electrification are driving sustainability while at the same time are lowering cost per ton, increasing productivity and helping improve safety.

Green technologies and infrastructure for a low carbon mining industry present both opportunities and challenges. The growing market for battery electric vehicles, solar panels and wind turbines as well as the ever-growing demand for electricity means that mining for metals and minerals is incredibly important for the energy transition. However, mining in an unsustainable way can damage the environment, which makes it essential that companies find a balance between productivity and sustainability.

The introduction of Tier 4 engines has been a major driver for mining equipment manufacturers over the last decade, resulting in increased reliability, lower fuel consumption and significantly reduced particulate matter, taking nitrogen oxides to near zero levels. Upgrading to Tier 4 equipment is one of the simplest ways to comply with current emissions regulations, but it is just one step towards being more environmentally conscious.

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