Australian energy infrastructure company APA Group said it has entered into a variation of an existing offtake agreement for the 15-year supply of renewable electricity with Mount Isa Mines, a Glencore company.
Concurrently, APA has reached a Final Investment Decision to build stage two of the Mica Creek Solar Farm, doubling the size of the current project to 88 megawatts and taking the total investment for both stages to $150 million.
“We have worked closely with [Mount Isa Mines] to ensure we meet their needs as a valued customer, so they can in turn continue to grow and support the Mount Isa economy and minerals rich North West Minerals Province,” said Rob Wheals, APA chief executive and managing director.
The Mount Isa Mines mining complex is the hub of Glencore’s copper and zinc operations in Queensland. It is the second largest copper producer in Australia.
Source: APA Group