Newmont Corporation announced a strategic alliance agreement with Caterpillar

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Newmont Corporation announced a strategic alliance agreement with Caterpillar to deliver a fully connected, automated, zero-emissions, mining system.

Through this agreement, Newmont and Caterpillar will collaborate to create a safer, more productive mine, and support Newmont in reaching their 2030 greenhouse gas (GHG) emissions reduction targets of more than 30%, with an ultimate goal of being net-zero carbon by 2050.

The agreement will also include the rapid deployment of an all-electric autonomous haulage fleet with an initial investment from Newmont of $100 million. For full details on this agreement, follow this link to view and download the release: Newmont-Caterpillar Announcement.

Picture caption: From left to right:

  • Rob Atkinson, executive vice president and chief operating officer, Newmont Corporation
  • Tom Palmer, president and chief executive officer, Newmont Corporation
  • Jim Umpleby, chief executive officer, Caterpillar Inc.
  • Denise Johnson, group president of Resource Industries, Caterpillar Inc.
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