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Nickel Industries unveils net zero target at global summit

11 Dec, 2023
Nickel Industries unveils net zero target at global summit



Indonesian mining operations company Nickel Industries announced at the World Climate Action Summit in the UAE that the company is working to achieve a 50 per cent reduction in carbon intensity by 2035 and net zero emissions by 2050.

Nickel Industries Managing Director Justin Werner said the company was proudly taking a leadership role in advancing the sustainability of Indonesia’s nickel industry.

“Nickel Industries is committed to reducing its carbon footprint and developing products essential for the global energy transition and the sustainability of our operating environment,” said Werner.

The global nickel pig iron (NPI) producer has also recently diversified into the ‘Class 1’ nickel electric vehicle (EV) battery supply chain by converting some of its current production into nickel matte and acquiring an interest in the operating Huayue Nickel Cobalt high pressure acid leach (HPAL) project (HNC).

Werner stated that each incremental unit of HPAL nickel production decreases Nickel Industries’ carbon intensity.

“We are implementing the most advanced third-generation HPAL processes with power consumption 70 per cent lower than other HPAL plants and carbon emissions one-tenth of similar pyrometallurgical plants.

“These and other measures, including the adoption of renewable power sources across NIC’s operation to further de-carbonise puts us on track to achieve a 50 per cent reduction in carbon intensity by 2035 and net zero emissions by 2050,” said Werner.

Nickel Industries also has a 2022 binding agreement with renewable energy company PT Sumber Energi Surya Nusantara (SESNA) to develop, install, operate and maintain a 200MWp + 20MWh battery solar project within the Indonesia Morowali Industrial Park (IMIP) — the largest solar power project in the country.

The project will power the NIC’s Hengjaya, Ranger and Oracle Nickel processing operations.

Heat recovery to reduce coal consumption and transitioning to bio fuels for its mining fleet are other measures Nickel Industries has put in place to reduce its carbon footprint.

Nickel Industries has earned numerous accolades for environmental responsibility including the Green Proper Rating from the Indonesian Ministry of Environment and Forestry.

The company has rehabilitated around 2000ha in Central Sulawesi, in which more than two million trees have been planted since 2019.

These efforts will stimulate local economies with projected incomes of US$535 per hectare which will begin eight years after plantation.

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