Rio Tinto non-executive director Megan Clark has resigned from her position, taking effect from December 15. Clark is a geologist and business executive who has served on the Rio Tinto board for nine years. As a board member, she served as chair of the sustainability...
The European Union (EU) has awarded Fortescue’s Holmaneset green ammonia project in Norway a €203.77 million ($325.4 million) grant as part of its innovation fund. The EU innovation fund is one of the world’s largest funding programs for innovative low-carbon...
Global coal use is expected to reach a record high in 2023 as demand in emerging and developing economies remains strong, the International Energy Agency (IEA) has said. The demand for coal is seen rising 1.4 percent in 2023, surpassing 8.5 billion tonnes for the...
Australia’s first newly built electric excavator has debuted at the Fortescue Cloudbreak mine in Western Australia. Marking a significant milestone in the company’s decarbonisation journey, the excavator is powered by a 6.6 kilovolt substation and more than 2km of...
Genesis Minerals is set to acquire Kin Mining’s Western Australian Bruno-Lewis and Raeside gold projects in an $53.5 million deal. When the transaction is complete, Kin will hold $17 million in cash and $69 million in Genesis shares. The acquisition follows Genesis’...
