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FLSmidth sees energy transition driving global minerals demand
Mikko Keto, CEO of mining and cement technology and service supplier FLSmidth, speaks to The Jakarta Post’s Divya Karyza about the company’s views on regulatory and industry challenges and what to expect in the coming years.
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Mikko Keto, CEO of FLSmidt (FLSmidth/-)
T
he mining industry has faced multiple challenges in recent years, from a growing demand for sustainable practices to a shift in government policies toward clean energy. It has also grappled with surging operating costs as well as evolving trends in the commodity market.
Mikko Keto, CEO of mining and cement technology and service supplier FLSmidth, spoke to The Jakarta Post’s Divya Karyza about the company’s views on these challenges and what to expect in the coming years.
Question: FLSmidth is currently working toward zero emissions in mining. How would this work?
Answer: The way we can help companies achieve net zero is by designing the process flow sheet in a way that reduces energy consumption – electricity – in the process, because the crushing and grinding in mining sites consume a huge amount of electricity and power.
Then increase the recovery rate when separating the critical minerals from the excess material. If you can get more out of the processing, that is a significant saving and also positive impact, sustainability-wise.
The third one is recovering and recycling most of the water used in the process, including when dealing with tailings, excess gangue material from the process.
Indonesia is mostly using captive coal power plants to power smelters and the mining process. What is your take on that? Is it possible for Indonesia to gradually use renewables in mining?
