Fortescue has released its June 2023 quarter report, achieving record shipments of 192 million tonnes for the 2023 financial year (FY23). Strong cashflow generation contributed to a cash balance of $US4.3 billion ($6.4 billion) and net debt of $US1 billion ($1.5...
As the end of the Federal Government’s price cap on coal draws nearer, the energy market is showing no signs of calming. The NSW Government is considering all options in response. In 2022, war in Ukraine and Russia led to sanctions on Russian gas, while in...
US power sector coal stockpiles reached a 29-month high of 127.5 million st in May, according to Energy Information Administration data released July 25. Stockpiles were 7.1% higher on the month and up 37% on the year. The stockpile build was 8.4 million st, more than...
Canada-headquartered junior Highland Copper has made great strides in advancing its goal of becoming a US domestic copper producer in the near term. The company’s immediate focus is on the development of the Copperwood project, after which it...
Allkem has secured green loan of US$130 million (A$191.5 million) to fund Sal de Vida, a lithium brine project in Argentina. The International Finance Corporation (IFC) will the early development of the project over a ten-year period,...
