Altar Project: Genneia Offsets the Carbon Footprint of Aldebaran Resources

Altar Project: Genneia Offsets the Carbon Footprint of Aldebaran Resources
Altar Project: Genneia Offsets the Carbon Footprint of Aldebaran Resources
Share:
Genneia, the country's leading renewable energy company, is partnering with Aldebaran Resources Inc., a mineral exploration company, to offset its carbon emissions generated in Argentina through the issuance of 848 Verified Carbon Units (VCUs).

By Panorama Minero

The certificates were acquired to offset the carbon footprint generated by two of Aldebaran Resources Inc.'s operational centers. Regarding the headquarters located in San Juan Capital, the emissions corresponding to scopes 1 and 2 for the year 2021 were neutralized. This means offsetting both direct emissions from operations and indirect emissions associated with electricity consumption.

Additionally, scope 1 emissions generated during 2021 for the Altar-Río Cenicero Project, located 170 km west of the town of Barreal in the Calingasta Department, province of San Juan, were also offset.

"We are proud of the work done with Aldebaran Resources Inc. in the process of offsetting the carbon footprint of its operations and the significant project they are advancing in San Juan. At Genneia, we continue to reinforce our strong commitment to decarbonizing the industry, thereby promoting the fight against climate change," said Gustavo Anbinder, Business & Development Director at Genneia.

This initiative developed by the company seeks not only to improve its projects by ensuring a triple impact across all its processes but also to encourage each industry to reduce and offset its emissions of harmful gases into the atmosphere, supporting the transition to cleaner energy.

The certification and issuance of carbon credits are an international mechanism for pollution reduction, aimed at decreasing and/or removing greenhouse gas (GHG) emissions. They were established in 2005 under the Kyoto Protocol, as one of the three key measures to reduce GHG emission levels, and are currently promoted by the Paris Agreement (2016), with annual reinforcement during the Conferences of the Parties (COP) on Climate Change.

Published by: Panorama Minero

Category: News

Follow us on Google News

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the article: Copper: BHP and Lundin Mining finalize the acquisition of Filo Corp

Copper: BHP and Lundin Mining finalize the acquisition of Filo Corp

In a move that reinforces their position in the global mining industry, BHP and Lundin Mining have completed the acquisition of Filo Corp., a company listed on the Toronto Stock Exchange and the owner of the Filo del Sol (FDS) copper project, located in the Vicuña district between Argentina and Chile. This step marks a key milestone in the expansion of both giants in the copper market, a critical mineral for the energy transition and global technological growth.
Illustrative image for the article: Challenger Gold Completes Strategic Placement and Initiates Processing Agreement at Casposo

Challenger Gold Completes Strategic Placement and Initiates Processing Agreement at Casposo

Australian company Challenger Gold (ASX: CEL) announced the completion of a strategic placement for US$6.6 million with an entity controlled by Eduardo Elsztain, who becomes the company's largest shareholder with a 12.7% stake. Additionally, the initial payment of US$2 million was made under the Toll Processing Agreement with Casposo Argentina Mining Limited, securing the processing of 150,000 tons of Hualilán material annually for three years, with a total guaranteed capacity of 450,000 tons.
Illustrative image for the article: Galan Lithium Secures Permit to Expand Production in Catamarca

Galan Lithium Secures Permit to Expand Production in Catamarca

Australian junior Galan Lithium Limited (ASX:GLN) has received approval from the Ministry of Mining of Catamarca for the Phase 2 exploitation permit for its Hombre Muerto Oeste (HMW) lithium brine project. This permit enables the company to expand its production capacity to 21,000 tons per year of lithium carbonate equivalent (LCE), subject to project financing and the implementation of Phase 1, which targets an output of 5,400 tons per year of LCE.
Illustrative image for the article: Arcadium Lithium Secures Key U.S. Approval, Advancing Rio Tinto Acquisition

Arcadium Lithium Secures Key U.S. Approval, Advancing Rio Tinto Acquisition

Arcadium Lithium, a leading global producer of lithium chemicals, has obtained approval from the Committee on Foreign Investment in the United States (CFIUS) for its acquisition by Rio Tinto. This clearance removes one of the final regulatory hurdles for the deal initially announced in October 2024.
Jujuy: Caucharí-Olaroz Surpasses 25,000 Tons of Lithium Carbonate

Jujuy: Caucharí-Olaroz Surpasses 25,000 Tons of Lithium Carbonate

Lithium Argentina reported that its lithium brine operation in Caucharí-Olaroz, located in Jujuy, achieved a record production of approximately 25,400 tons of lithium carbonate during 2024, meeting its annual targets. For 2025, the company projects an increase in production, estimating between 30,000 and 35,000 tons.
Catamarca: YMAD Opens Tender for Farallón Negro Mine Equipment

Catamarca: YMAD Opens Tender for Farallón Negro Mine Equipment

The intergovernmental company YMAD has launched Public Tender No. 002/24 to acquire a rock breaker equipment for the Farallón Negro underground mine, located in the Belén department, Catamarca. The tender is aimed at companies interested in supplying key technology for mining operations.
Mining Employment in Argentina Closes 2024 with a Downward Trend

Mining Employment in Argentina Closes 2024 with a Downward Trend

The year 2024 ends with challenges for mining employment in Argentina, marked by a sustained decline in job creation throughout the year. According to the year-end monthly report published by the Secretariat of Mining in December, 39,280 formal direct mining jobs were recorded in August 2024. This data, part of a retrospective analysis of the year, shows a 2.1% decrease compared to August 2023, equating to a loss of 824 jobs over the year and a total of 1,787 fewer jobs in the first eight months of 2024.