POWER

KGHM goes nuclear with SMR deal

Copper miner KGHM has signed a contract with a private US firm to build small scale nuclear reactors to power its Polish operations.

KGHM's operations in Poland

KGHM's operations in Poland

Portland-based NuScale will work towards deploying its first VOYGR SMR plant in Poland by 2029, which it said would save the country 8 million tonnes in CO2 emissions per year.

"The SMR technology will increase the company's cost efficiency and transform the Polish energy sector," said Marcin Chludziński, president of the management board of KGHM.

The two companies will now work together to identify potential project sites and develop project planning milestones and cost estimates, NuScale said.

"These activities support KGHM as it evaluates NuScale VOYGR plants as a coal repurposing solution for existing power plants, as well as opportunities to deploy VOYGR plants to provide safe, carbon-free, reliable energy for their operations and to support other Polish industrial energy users," said the US firm.

The agreement follows an MoU signed by KGHM and NuScale in September. 

NuScale's SMR technology was the first of its kind to receive design approval from the US nuclear regulatory commission in August 2020.

The scalable design means one plant can house up to four, six or 12 power modules each generating 77MW.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.