01/04/2023 Press release
TotalEnergies and Lion One Sign MOU to Develop Solar Energy Solution in Fiji
Nadi, April 01, 2023 – TotalEnergies Marketing (Fiji) Pte Ltd and Lion One Metals Limited are pleased to announce the signing of a Memorandum of Understanding (MOU) for TotalEnergies to assess the feasibility of developing solar energy solution for Lion One’s Tuvatu Gold Mine.
As part of the agreement, TotalEnergies will propose a solution to install, operate and maintain a photovoltaic Diesel Genset Hybrid System and a transmission line to meet the mine’s energy needs from a site located 3.5km away.
The project’s objective is to provide a sustainable source of energy for the Tuvatu Gold Mine, which is an important development for the territory. The partnership will leverage TotalEnergies’ expertise in renewable energies and Lion One’s knowhow in the development and construction of mines.
In its study, TotalEnergies will also adopt best practices which are environmentally friendly and socially responsible.
“TotalEnergies has a long presence in Fiji through its service stations and lubricants activities. This MOU with Lion One is an important step in our drive to provide renewable energy solutions on the island, in line with our objective to support our customers’ transition to lower carbon emissions," said Dennis CUAYCONG, Managing Director of TotalEnergies Marketing (Fiji).
"We are pleased to partner with TotalEnergies Marketing (Fiji) to develop a full energy solution for the Tuvatu Gold Mine. This partnership will be conducted with the objective of bringing cleaner and more sustainable energy sources for our mine project," said Patrick HICKEY, Chief Operating Officer of Lion One.
About TotalEnergies Marketing (Fiji) Pte Ltd
TotalEnergies Marketing (Fiji) Pte Ltd. has been officially operating in Fiji since 2006. Throughout the country, TotalEnergies Fiji has been involved in marketing various energy and lubricants products and services to its customers in both the private and public sectors. We offer a wide range of products through more than 30 service stations with 25 Bonjour Shops, lubricants, and car care products. Through the TotalEnergies Card, customers are offered a convenient way to make and manage fuel purchases. TotalEnergies Marketing (Fiji) Pte Ltd owns six storage facilities in Fiji with the main terminals located at Walubay and Rodwell Road in Suva and Veda Point in Lautoka. For more information, please visit www.totalenergies.com.fj.
About the Marketing & Services division of TotalEnergies
TotalEnergies’ Marketing & Services business segment offers its professional and private customers a wide range of broad energy products and services—petroleum products, biofuels, charging and related services for electric vehicles, gas for road and maritime transportation—to support them in their mobility and help them reduce their carbon footprint. Every day, over 8 million customers visit our 16,000 service-stations all over the world. As the world’s number four in lubricants, we design and sell high-performance
products for the automotive, industrial and maritime sectors. And to provide the best response to the needs of our B2B customers, we deploy our sales forces, our international logistics network and our diverse offering. We operate in 107 countries, where our 31,000 employees stand close to all of our customers.
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.
About Lion One Metals Limited
Lion One’s flagship asset is 100% owned, fully permitted high grade Tuvatu Alkaline Gold Project, located on the island of Viti Levu in Fiji. Lion One envisions a low-cost high-grade underground gold mining operation at Tuvatu coupled with exciting exploration upside inside its tenements covering the entire Navilawa Caldera, an underexplored yet highly prospective 7km diameter alkaline gold system. Lion One’s CEO Walter Berukoff leads an experienced team of explorers and mine builders and has owned or operated over 20 mines in 7 countries. As the founder and former CEO of Miramar Mines, Northern Orion, and La Mancha Resources, Walter is credited with building over $3 billion of value for shareholders. For more information, please visit www.liononemetals.com.
TotalEnergies Marketing (Fiji) Pte Ltd : + 679 3313 933 l [email protected]
Lion One Metals Limited Contacts
Toll Free (North America) Tel: 1-855-805-1250
Email: [email protected]