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Zijin Longking to Spend $232 Million on Solar-Storage at South American Gold Mines
Original: China’s Zijin Longking to Invest USD232 Million in Solar-Storage Projects at South American Gold Mines
Zijin Longking, part of Chinese mining group Zijin Mining, will invest about USD 232 million in solar-plus-storage projects at its gold mines in South America. The plan aims to cut reliance on diesel and lower power costs and emissions at remote mining operations. The move highlights how miners are turning to renewable energy to power energy-intensive sites and meet sustainability commitments.
Why now: Investors are watching Zijin Mining's expanding renewable energy spending and its implications for mining power costs.
Zijin LongkingZijin MiningSouth America
Evidence
- China’s Zijin Longking to Invest USD232 Million in Solar-Storage Projects at South American Gold Mines · 一财全球Yicai Global
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