Rio and BHP say the net zero tailwind is at their backs
The push to re-industrialise Western economies and the transition to net zero will provide strong tailwinds for the mining sector for decades to come, both Rio Tinto and BHP believe.
The push to re-industrialise Western economies and the transition to net zero will provide strong tailwinds for the mining sector for decades to come, both Rio Tinto and BHP believe.
The competition regulator’s decision on the $8.8bn merger of Sigma Healthcare and Chemist Warehouse has been pushed back to allow consultation on new Sigma undertakings.
Lincoln Minerals has revealed it owns a one billion tonne-plus magnetite iron ore resource on the Eyre Peninsula, which was previously owned by a China-backed joint venture.
Alcoa of Australia has locked in power supplies for its Portland aluminium smelter out to mid-2035, with a new deal with AGL providing more security for the future of the operations.
Cochlear chief executive Dig Howitt says Australia needs to increase the research and development tax incentive threshold and dust off a Morrison government-era plan.
Anglo American’s Queensland steelmaking coal auction could be wrapped up by the end of the year, and the company says damage from the fire at Grosvenor appears to be limited.
Spirits maker Top Shelf International has suspended its shares from trade as it investigates funding options and asset sales to underpin its viability.
South Australia’s Cabinet will travel to Whyalla to canvass community concerns around GFG Alliance’s beleaguered steelworks, which the Premier says can’t be allowed to fail.
Tax incentives are needed to drive the electrification of Australia’s mining fleet, a high level consortium of resources companies says, while emissions targets will remain out of reach in their absence.
Chemist Warehouse has boosted profit by almost 80 per cent and continued to expand as the competition regulator prepares to rule on its merger with Sigma Healthcare.
Original URL: https://www.adelaidenow.com.au/journalists/cameron-england/page/4