Potential offtaker

Panoramic Resources Limited

www.panoramicresources.com

Estimated electricity consumption

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Countries of production presence

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Panoramic Resources Limited is an Australian mining company that operates in the copper sector. The company was founded in 2001 and is headquartered in Perth, Western Australia. Panoramic Resources Limited is known for its commitment to sustainability and decarbonisation, and has been a leader in the adoption of renewable energy and corporate energy initiatives.

The mining industry is a significant contributor to greenhouse gas emissions, and Panoramic Resources Limited recognizes the importance of reducing its carbon footprint. The company has implemented a number of initiatives to reduce its environmental impact, including the adoption of renewable energy sources and the implementation of energy efficiency measures.

One of the key initiatives that Panoramic Resources Limited has undertaken is the adoption of corporate power purchase agreements (PPAs). A corporate PPA is an agreement between a company and a renewable energy provider to purchase a set amount of renewable energy at a fixed price over a specified period of time. By entering into a corporate PPA, Panoramic Resources Limited is able to secure a reliable and predictable source of renewable energy, while also reducing its carbon footprint.

In 2019, Panoramic Resources Limited signed a 10-year corporate PPA with Zenith Energy, a renewable energy provider. Under the agreement, Zenith Energy will supply Panoramic Resources Limited with 50% of its power requirements from renewable energy sources, including wind and solar. The agreement is expected to reduce Panoramic Resources Limited's carbon emissions by approximately 36,000 tonnes per year.

Panoramic Resources Limited has also implemented a number of energy efficiency measures at its operations. The company has installed energy-efficient lighting and HVAC systems, and has implemented a range of measures to reduce energy consumption, such as the use of variable speed drives and the optimization of equipment usage.

In addition to its commitment to decarbonisation, Panoramic Resources Limited is also committed to corporate social responsibility. The company has implemented a range of initiatives to support the communities in which it operates, including the provision of education and training programs, the support of local businesses, and the implementation of environmental management plans.

Panoramic Resources Limited operates the Savannah Nickel-Copper-Cobalt Mine in Western Australia. The mine is located approximately 240km south of Kununurra and 110km north of Halls Creek. The Savannah Mine is a high-grade nickel-copper-cobalt deposit, and is one of the largest undeveloped nickel-copper-cobalt deposits in Australia.

The Savannah Mine is a significant contributor to the Australian economy, and provides employment opportunities for local communities. Panoramic Resources Limited is committed to supporting the local communities in which it operates, and has implemented a range of initiatives to support local businesses and provide education and training programs.

In conclusion, Panoramic Resources Limited is a leader in the adoption of renewable energy and corporate energy initiatives. The company is committed to decarbonisation and has implemented a range of initiatives to reduce its carbon footprint, including the adoption of corporate PPAs and the implementation of energy efficiency measures. Panoramic Resources Limited is also committed to corporate social responsibility and supports the communities in which it operates. The Savannah Nickel-Copper-Cobalt Mine is a significant contributor to the Australian economy and provides employment opportunities for local communities.

✓ Declared Net Zero commitment