Potential offtaker

Falconbridge Dominicana

www.falcondo.do

Estimated electricity consumption

N/A

Countries of production presence

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Falconbridge Dominicana is a mining company based in the Dominican Republic that has been operating for over 50 years. The company is a subsidiary of the multinational mining corporation Glencore, which has operations in over 50 countries worldwide. Falconbridge Dominicana operates the Pueblo Viejo gold mine, which is one of the largest gold mines in the world.

The company has been taking steps towards decarbonisation in recent years, as part of its commitment to sustainability and reducing its environmental impact. One of the key ways in which Falconbridge Dominicana is working towards decarbonisation is through the use of renewable energy. The company has been investing in renewable energy sources such as solar and wind power, which are helping to reduce its reliance on fossil fuels and lower its carbon emissions.

Falconbridge Dominicana has also been exploring the use of corporate power purchase agreements (PPAs) as a way to increase its use of renewable energy. A corporate PPA is an agreement between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy from the provider over a specified period of time. This helps to support the development of renewable energy projects and can also provide cost savings for the company.

In addition to its efforts to reduce its carbon footprint, Falconbridge Dominicana is also focused on improving its overall corporate energy efficiency. The company has implemented a number of energy-saving measures, such as the use of energy-efficient lighting and equipment, and the optimization of its mining processes to reduce energy consumption.

Falconbridge Dominicana is committed to sustainable mining practices, and has implemented a number of initiatives to ensure that its operations are environmentally responsible. The company has established a biodiversity program, which aims to protect and enhance the natural habitats and ecosystems in the areas where it operates. Falconbridge Dominicana has also implemented a waste management program, which includes the recycling of materials and the responsible disposal of hazardous waste.

The company is also committed to supporting the local communities in which it operates. Falconbridge Dominicana has implemented a number of social programs, including education and training initiatives, health and wellness programs, and community development projects. The company has also established a local procurement program, which aims to support local businesses and suppliers.

Falconbridge Dominicana is a leader in sustainable mining practices, and its commitment to decarbonisation and renewable energy is an important part of its overall sustainability strategy. The company's efforts to reduce its environmental impact and support local communities are a testament to its commitment to responsible mining practices. As the world continues to transition towards a low-carbon economy, Falconbridge Dominicana is well-positioned to lead the way in sustainable mining practices and renewable energy.

✓ Current offtaker under Corporate PPA's