Plenty of diesel/electric haulpaks in operation even at twiggys
Plenty of diesel/electric haulpaks in operation even at twiggysIf there is hills it will use more energy on the way up and recover power on the way down, Ev trucks will deal with it better than diesels.
There is actually electric mining truck in Europe that has been running for years without needing to be charged, because the mine in uphill of where it drops it’s load off, it charges as it brings the load down hill using regen braking, and uses less energy on the up hill when it’s empty.
Yep, but the full electrics will have the added benefit of regen braking.Plenty of diesel/electric haulpaks in operation even at twiggys
Just goes to show - have faith in your charts. Maybe it wasn't a problem, just a test of resolve. Update on previous chart.Still positive. Approaching resistance, but if it goes according to the script, may not be a problem.
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Absolutely, that isn't new technology, @IFocus and myself were working on haulpak electric wheels back in the mid 1970's.Plenty of diesel/electric haulpaks in operation even at twiggys
Absolutely, that isn't new technology, @IFocus and myself were working on haulpak electric wheels back in the mid 1970's.
Well I was IFocus was still in short pants. ?
interesting to see FMG currently down
Last Price (AUD)$21.395
Today's Change Down $0.835 (3.76%)
now i have a top up order in @ $18.50 , which i nearly canceled yesterday .. can i get $18.50 cum dividend ??
DYOR
( am stilling GUESSING it will pay a $1 div. this time around )
looks like it goes ex-div. around the 1st of March BUT it will have to declare the div. first so , that should be SOONWhat is the very latest day to pick some up to count for the coming divy?
Don't want to spoil my average down price of 17 but hell getting ripped off on bank interest
Appears that there were rumours of Covid infections amongst the workforce, disrupting production. Obviously not true seeing it is going up against the market today.There was a very sharp change in sentiment across FMG, BHP and RIO from about midday. Not sure what happened to spook the market. I wonder if COVID infections have compromised mining operations ?
I don’t think this project would require the Green Bonds, it mentions work will progress over several years, so I think they could pretty easily cashflow the capital spending required from retained earnings and utilise some of their existing undrawn debt facilities if additional cash is required.FMG announced plans to develop a massive renewable energy hub to power to mining operations. Totally overshadows all the current PV/Wind projects currently in operation in WA.
I think the next cab off the ranks will be some sort of green bond investment program to finance these projects. Estimates are that the Pilbara build will cost $10Billion.
Fortescue unveils plans for massive 5.4 GW renewable energy project in Pilbara
Mining giant Fortescue Metals Group has unveiled details of a massive 5.4 GW solar PV, wind and battery energy storage project it plans to build to power its iron ore mining operations in Western Australia’s north-west.
Fortescue unveils plans for massive 5.4 GW renewable energy project in Pilbara
Mining giant Fortescue Metals Group has unveiled details of a massive 5.4 GW solar PV, wind and battery energy storage project it plans to build to power its iron ore mining operations in Western Australia’s north-west.www.pv-magazine-australia.com
Yep, the more storage you have the less you will need to rely on gas generation for back up, and the less you will have to idle back generation when the wind and the sun are both producing.Good article @basilio , it also supports what has been suggested in the power generation thread, that to have a sustainable power supply from renewables approx twice as much storage than generation is required.
By the way 9GW of batteries, on current prices, would be really expensive. So $10billion, wouldn't be out of the ballpark, that's for sure.
The proposal is to construct and operate a renewable energy hub comprising an enormous 3.33 GW solar farm and a 2.04 GW wind farm spread across approximately 10,000 hectares. The hub would also include a battery with a storage capacity of 9.1 GWh.
And 9 GWH is really on the light side of things, after a windless night or 2 you are running empty.Good article @basilio , it also supports what has been suggested in the power generation thread, that to have a sustainable power supply from renewables approx twice as much storage than generation is required.
By the way 9GW of batteries, on current prices, would be really expensive. So $10billion, wouldn't be out of the ballpark, that's for sure.
The proposal is to construct and operate a renewable energy hub comprising an enormous 3.33 GW solar farm and a 2.04 GW wind farm spread across approximately 10,000 hectares. The hub would also include a battery with a storage capacity of 9.1 GWh.
Good points div4, as you say the skill set once everything is running is quite different to those when building up.yes holders will have to be careful about that , sure SOME will not be so desperately needed at FMG now the iron project is toddling along just nicely , and other skills/expertise needed
but yes the brain drain should be watched carefully ( several other big rivals will be after accomplished management )
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