POWER

Atalaya goes solar at Riotinto in Spain

Subject to securing permits and financing, construction is targeted to start by mid-2021.

Atalaya Mining's Projecto Riotinto copper mine in southern Spain

Atalaya Mining's Projecto Riotinto copper mine in southern Spain

The AIM and TSX-listed company has started the permitting process to develop a solar plant at the mine near Seville.

The full capacity of the plant will be used for self-consumption.

Technical studies carried out by a third party during the past months have indicated that, in addition to making a significant contribution to reduce carbon emissions, the solar project is economically viable and could potentially contribute to reducing Proyecto Riotinto's operating costs, Atalaya said.

During the permitting period, the company will evaluate the various financing options that are being proposed by industry players in Spain.

Subject to completing the permitting process and securing financing, construction is targeted to start by mid-2021.

Chief exceutive Alberto Lavandeira said: "We are pleased to be committing to this solar initiative which will be one of the largest projects of renewable self-consumption in the industry. This is only a first step in achieving our long-term sustainability goals, but one that will have a positive and near term impact on Proyecto Riotinto."

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production