by Gordon Barratt | Jun 15, 2022 | News
Andrew Forrest, the chairman and founder of Australian miner Fortescue Metals, said on Tuesday he does not believe his company should shy away from investing in countries with troubled human rights records. Forrest, who returned to helm the company last month, cited...
by Gordon Barratt | Jun 14, 2022 | News
China has replaced Germany as the largest buyer of Russian energy since Moscow’s invasion of Ukraine began, a report by Finland’s independent Centre for Research on Energy and Clean Air (CREA) released on June 13 shows. The report estimates that Russia...
by Gordon Barratt | Jun 14, 2022 | News
Western Australia will shut its last coal-fired power unit before the end of the decade and spend an extra half a billion dollars to foster new jobs for displayed workers, the state government said. Later this year, the first of the 854-megawatt Muja power station’s...
by Gordon Barratt | Jun 14, 2022 | News
Glencore’s Compañía Minera Lomas Bayas (CMLB) copper mine in Chile will convert its surface drills to an autonomous operation through industry leading technology provided by Flanders. The mine is in the Atacama Desert and extracts low grade copper oxide ore....
by Gordon Barratt | Jun 14, 2022 | News
Japan-based Marubeni Corporation and Electric Power Development will each invest $10 million in Glencore’s CTSCo Carbon Capture and Storage (CCS) Project in Queensland. Both Marubeni and J-POWER are long term joint venture partners in Glencore’s mining operations in...
by Gordon Barratt | Jun 14, 2022 | News
The first copper cathode has been produced at Austral resources’ Anthill mine in Mt Isa, successfully completing an intensive site development and plant commissioning since listing eight months ago. This paves the way for Austral to meet its stated objective of...