The EU has extended its bans on Russian coal and seaborne crude oil imports by six months until 31 July as Russia’s war on Ukraine continues. The bans are part of the bloc’s wider sanctions aimed at reducing Russia’s revenues from international trade and thwarting its...
The Federal Government has released the Australian Critical Minerals Prospectus, a document outlining over 50 investment ready critical minerals projects. Projects include mining, processing and value adding opportunities across the critical minerals supply chain....
CT Holding, led by Russian billionaire Alexander Nesis, sold its entire holding in a gold producer to a Omani state-backed fund. ICT’s unit closed the deal to sell 23.9% in Polymetal International to a subsidiary of Oman’s Mars Development and Investment, the miner...
One of Liebherr’s R 9400 excavators has been successfully converted from diesel to electric in a milestone partnership with Fortescue. Fortescue commissioned the machine at its Christmas Creek iron ore mine in WA. The move marks the first time that Liebherr has...
Fortescue has shored up millions in funding to establish a US advanced manufacturing centre in Detroit, Michigan. Support and incentives are to come from the Michigan Strategic Fund (MSF), as announced by the Michigan Economic Development Corporation (MEDC). Fortescue...
The Queensland Government’s Resources Community Industry Fund (RCIF) has allocated $118.2 million to community projects in five major coal producing regions across the state, as part of its third round of funding. RCIF complements existing Queensland investment...
