Anglo American established as a Founding Member of the Global Carbon Capture and Storage Institute

Anglo American is delighted to provide its full support as a Founding Member of the Global Carbon Capture and Storage Institute (“GCCSI”) which was launched this week.

The Institute will be administered and funded by the Australian Government and is an important global initiative which aims to facilitate the development and deployment of carbon capture and storage projects.

The GCCSI will bring government and industry together and will support targeted research and development. It will enable a far greater level of knowledge sharing and communication, thereby building public awareness and acceptance of carbon capture and storage as a key contributor to the range of solutions needed to address climate change.

Roger Wicks, Head of Energy for Anglo American and recently appointed Chairman of the International Energy Agency’s Coal Industry Advisory Board, said:

“Anglo American believes carbon capture and storage is a vital technology for mitigating emissions from the use of all fossil fuels - coal, gas and oil. These fuels will continue to provide most of the world’s energy for decades to come and there is no doubt that coal based energy in particular will drive the ongoing industrialisation of key developing countries such as China and India. The deployment of carbon capture and storage is therefore essential to the stabilisation of atmospheric carbon dioxide levels. We welcome and look forward to supporting the Australian Government’s continued leadership on this issue.”

Anglo American plc is one of the world’s largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in platinum group metals and diamonds, with significant interests in coal, base and ferrous metals, as well as an industrial minerals business. The Group is geographically diverse, with operations in Africa, Europe, South and North America, Australia and Asia. (www.angloamerican.co.uk)