Building renewables into Australia’s mining operations Ivor Frischknecht Chief Executive Officer 20 May 2015 1 Tasmania’s Mount Bischoff tin mine hydro electric plant (1883) 2 Diavik Mine, 220km south of the Arctic Circle Photo courtesy of Diavik Diamond Corporation 3 Diavik’s four turbine 9.2 MW wind farm Photo courtesy of Diavik Diamond Corporation 4 Source: Source:http://www.lyberty.com/encyc/articles/siliconvalley/ http://www.lyberty.com/encyc/articles/siliconvalley/ “The benefits of the initiative are numerous and will be realized for many years to come. Diversifying our energy portfolio reduces our reliance on diesel fuel.” Alasdair Martin, Diavik Diamond Mines Inc. Acting President & COO 5 Remote extremes Top photo courtesy of Diavik Diamond Corporation Bottom photo courtesy Rio Tinto website (Argyle open pit) 6 Trucking in diesel to Diavik mine via winter ice road Fuel delivery in NT Top photo courtesy of Diavik Diamond Corporation Bottom photo courtesy NT Power & Water Corporation 7 Australian diesel price Historical Daily National Average Diesel Price National Average Diesel Gate Price (c/L excl. GST) 160 150 140 130 120 110 100 90 80 2010 2011 2012 2013 2014 2015 National Average ex. GST (LHS) Source: Australian Institute of Petroleum; US Energy Information Association 8 Australian Renewable Energy Agency $2.5 billion in funding to 2022 Improve competitiveness of renewable energy technologies Increase supply of renewable energy in Australia $1.1 billion committed to date Knowledge: collect, store and share 9 Rio Tinto Alcan’s bauxite mine Photo courtesy Rio Tinto website 10 Weipa 6.7 MW solar farm 11 Laing O’Rourke’s re-deployable hybrid plant 12 Transporting solar modules & 7 day on-site assembly 13 Trucking in turbine blade for Diavik wind farm Photo courtesy of Diavik Diamond Corporation 14 King Island Advanced Hybrid Power Station 15 Want to know more? Arena.gov.au ARENA at LinkedIn @ARENA_aus on Twitter Subscribe to updates: arena.gov.au/subscribe 16
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