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Technology will decarbonise Australia

The resources sector has welcomed the Federal Government’s $1 billion technology fund to boost investment in Australian companies to develop new low emissions technology. The Low Emissions Technology Commercialisation Fund will combine $500 million of new capital for...

BOULBY CONTINUES TO BREAK RECORDS

ICL Boulby, the world’s first and only producer of the ground-breaking mineral polyhalite, is continuing to break production records—and has increased sales volume by over 90per cent in the third quarter of the year compared to 2020. The progress has continued over...

Sibanye-Stillwater prices $1.2bn senior notes offering

Precious and green metals miner Sibanye-Stillwater has priced an upsized $1.2-billion senior notes offering. The new bonds will be issued through the group’s wholly owned subsidiary, Stillwater Mining Company (SMC). The offering is subject to customary closing...

US ‘won’t have coal’ by 2030, John Kerry predicts

John Kerry, the US special envoy for climate, predicted the world’s biggest economy will stop burning coal by the end of the decade. “By 2030 in the United States, we won’t have coal,” Kerry said Tuesday during an interview with Bloomberg Editor-in-Chief John...

Coal prices face stark forecasts to 2024

KPMG has predicted the decline of coal prices towards 2024 with a fall of more than 20 per cent on the horizon for hard coking coal. The multinational advisory released its quarterly coal price and FX market forecasts report for September/October 2021, the first...