June 2022
BHP retains Mt Arthur coal mine, plans earlier closure as buyers walk
The move ups the pressure on the NSW and federal governments reeling from the east coast energy crisis because environment groups don’t want coal and gas projects extended.
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Why this expat believes investors need fusion exposure
Chris Kelsall says investors are upping their allocation to fusion energy amid concern they’ll miss “the next Google” in the race among green technologies.
Geologist turned WA winery owner says China market lost for good
Steve Hall’s winery, Rockcliffe, was decimated by China’s tariffs on Australian wine, but is hopeful he can replace it with growth in his own backyard of WA.
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- Carbon challenge
BP takes major slice of $52b WA green hydrogen hub
The British oil and gas giant has bought a stake in the Asian Renewable Energy Hub in the Pilbara, despite the former government blocking the green energy export project.
WA to retire coal power stations by 2029
The WA government plans to retire its coal-fired power stations by 2029 and invest $3.8 billion in green power as rooftop solar destabilises the system.
Uranium miners soar on US plan to wean off Russian supply
Shares in uranium miners soared more than 10 per cent on a report the US is eyeing a $US4.3 billion plan to shore up supply, further tightening the market.
Strike Energy pivots urea plant plans into new low-carbon precinct
Strike Energy plans to build its $3 billion urea plant on newly acquired farming land in WA’s Mid-West as part of a low-carbon manufacturing precinct.
‘The clan is still in full control’: Why the Liberals lost WA
Nigel Satterley, a Rich Lister and Liberal Party member, is so dismayed he thinks the Liberals could become a spent force in the state as its base and the business community turn elsewhere.
Lithium tech start-up locks in funding for green solution
ElectraLith has secured seed funding from Rio Tinto to commercialise its lithium extraction technology, feeding into growing demand for “green” products.
‘Goldman is wrong’: Lithium miners brush off share price rout
The incoming CEO of Pilbara Minerals and other lithium mining executives have dismissed bearish broker notes on the lithium market as share prices stabilise.
IGO snares Western Areas amid brutal lithium rout
IGO has finally snared Western Areas after shareholders backed the $1.3 billion deal, as the miner was swept up in a nasty sell-off of lithium stocks.
Rottnest resort developer upbeat amid ‘paradigm shift’ in spending
Peter Fogarty says he can deliver a $40 million resort on Perth’s Rottnest Island on budget and that a ‘paradigm shift’ in what consumers will pay bodes well.
May 2022
Record grain plantings point to bumper harvest amid food crisis
Rabobank predicts this year’s planted grains crop will reach a record 23.83 million hectares, setting up another bumper harvest amid a global food crisis.
Teal Chaney vows to push Labor on stronger climate action
After sealing the seat of Curtin, independent Kate Chaney confirmed she will push Labor to set more ambitious carbon emission reduction targets.
Labor must embrace ‘bottom-up’ politics or risk teal rout: Lawrence
Former WA premier Carmen Lawrence has warned Labor to heed the lessons of the swing against the Coalition, saying people are sick of “top-down” politics.
McGowan defends Scarborough gas project for lowering emissions
The WA premier says that if Australia does not sell gas to its customers in Asia, ‘they will burn coal’ and create two or three times the emissions.
Analysts turn more bullish on lithium after Pilbara’s record deal
Pilbara Minerals has secured a record lithium price on its auction platform as several brokers tip a strong rise in demand for the sector.
Indigenous Australians hold just 0.7pc of exec jobs: landmark report
A landmark report on Indigenous employment by Andrew and Nicola Forrest’s Minderoo Foundation has found racism is rife and representation in senior leadership low.
Labor ‘must back coal, gas’: CEOs
The contribution the booming coal and gas export industries are making to help fund the energy transition must be recognised by the Labor government, CEOs say.
WA Labor delivers for Anthony Albanese
Western Australia could deliver incoming prime minister Anthony Albanese majority government after four seats fell to Labor.