Cement Energy Environment

22 Inspite of above concerns, mining industry has to meet the production demands. Meeting demand is a critical issue due to risk pressures including dwindling global reserves, increasing project complexity and government intervention. Significant growth of low-carbon technologies will occur if mining industries commit to cutting emissions in line with the Paris Agreement targets. Technologies that support decarburization include wind turbines, solar photovoltaics, electric vehicles, energy storage, metal recycling, hydrogen fuel cells, and carbon capture and storage. The mining industry will be part of the decarburization campaign by providing the raw materials needed for these technologies. Accordingly, mining companies need to lay out the operational, investment, and portfolio options that mining executives can use to create an actionable climate strategy and set ambitious targets. Simultaneously, their growth will alter demand patterns for upstream mining commodities. Coal, consisting of about 50 percent of the current global mining market, would be the most obvious victim of such shifts. Decarbonization of the power sector would mean taking net GHG emissions to zero, implying an almost complete reduction in the combustion of coal. And if metal companies switch to hydrogen and biofuels as energy sources, demand for metallurgical coal will weaken. While coal demand is still rising, capital investments in coal mines have become more difficult, with public opinion hardening and some banks pulling away from the industry in certain regions. Some decarbonization actions will benefit the bottom line, while others will prioritize social responsibility. Future regulatory and technological developments may change the viability of certain actions, one thing is certain: the business case will vary for each mine— and each company. To date, mining companies have viewed sustainability mostly through a local lens, but achieving a 1.5°C to 2.0°C pathway will require significant global action. Several big mining companies have installed their own sustainability committees, signaling that mining is joining the wave of corporate sustainability reporting and activity. Reporting emissions and understanding decarbonization pathways are the first steps toward setting targets and taking action. Application of the latest digital technology like 5G Technology brings incredible changes in the mining industry. For example, in one of the mines of the leading cement industry in China, all machineries There are two basic concept of Mining Sector to achieve Net Zero 1) Digitalisation during mine planning and operation operate by remote control and have no operators in mining equipment operating in fields like for Dumpers and Excavators. Another example is the use of robots for dust control in a mine at Orissa.