This episode of Energy Technology considers how repurposed mines and salt caverns can provide long duration energy storage.
The Conceição II Model Plant, inaugurated in June 2026, is a central project within Vale’s Mining of the Future strategy.
The agreement allows Newmont to earn up to a 75% stake in Jupiter by spending $30m and providing a pre-feasibility study.
The initial phase has enabled the shaft to safely hoist gold ore and waste at about 200tpd capacity.
New quartz-sulphide veins have been identified, expanding the interpreted footprint of both gold systems in the southern corridor.
The agreement stipulates a total purchase price of $37.5m in cash.
