Canberra’s clean energy bank defends $117m investment
The Albanese government’s renewable energy investment arm has defended its funding for a private equity firm founded and controlled by Mineral Resources chairman James McClements.
The Albanese government’s renewable energy investment arm has defended its funding for a private equity firm founded and controlled by Mineral Resources chairman James McClements.
The federal government has stumped up $400m more to help Iluka Resources build the nation’s first fully-integrated rare earths refinery.
Big bonuses are about to land in the bank accounts of workers at Gina Rinehart’s Roy Hill iron ore mine, under one of the most generous resources industry profit-sharing schemes in the world.
The mining giant’s boss Jakob Stausholm wants to avoid creating tension between Australia and China in finding a way forward to launch buybacks.
UK hedge fund Palliser Capital says there is a compelling case for Rio to become a sole-listed and Australian-domiciled company.
The Rio-Sumitomo deal values Winu at more than $2bn and comes just days after gold miner Northern Star agreed to pay $5bn for De Grey’s Hemi project.
Andrew Forrest’s Fortescue plans to build all the renewable energy assets it needs to decarbonise its WA iron ore operations over the next five years.
APA says a new solar farm and battery storage facility built to supply BHP is the first step and more will follow as it invests in renewables near existing gas-fired power stations.
The Australian government has put China on notice that it will act to protect the national interest when it comes to a strategically important rare earths project in Western Australia.
Northern Star says labour and other costs are on the way down as it prepares to build Australia’s next big gold mine, after striking a $5bn deal to buy De Grey Mining and its Hemi project in WA.
Original URL: https://www.theaustralian.com.au/author/brad-thompson/page/3