Three resource giants, BHP (ASX, LON, NYSE: BHP), Rio Tinto (ASX, LON, NYSE: RIO), and Vale (NYSE: VALE), launched on Wednesday the
Charge On Innovation Challenge, a global competition for technology innovators to develop new concepts for large-scale haul truck electrification systems with the main goal of cutting emissions from surface mining operations.
“The mining industry needs to be at the forefront of tackling the climate challenge. The Charge On Innovation Challenge is a great example of the current collaborative work being done by the mining industry and mobile equipment manufacturers to decarbonise mining fleets,” the fIrms said in a media statement. “In addition to providing a zero-carbon energy source, the conversion of mobile mining equipment to battery-electric can potentially unlock value, as electric motors have fewer moving parts when compared to standard equipment.”