Richlister forks out $1.6bn in Qld coal mine deal
Queensland mining magnate Sam Chong will splash out $1.6bn on a stake in two Queensland coal mines after striking a deal with resources giant Anglo American.
Queensland mining magnate Sam Chong will splash out $1.6bn on a stake in two Queensland coal mines after striking a deal with resources giant Anglo American.
US software player HubSpot wants curbs on AI but says a freeze on the technology is unrealistic.
Big tech has promoted privileged and ‘quirky’ employee perks for years, but there’s cause for concern in indulging childlike behaviour says prominent commentator Kara Swisher.
NSW producer Centennial Coal is axing 200 jobs at its Mandalong mine after failing to win a new supply deal with Origin for its Eraring coal-fired power station.
Western Australia’s resources industry has taken another hit after a major lithium mine was mothballed amid ongoing weak prices for the battery making material.
DataRoom understands that Total may look to pause transport and civil works contracts as it reconsiders the cost and scope of the 5.6 million tonne-a-year facility.
West Australian Treasurer Rita Saffioti has defended the state’s more bullish price forecasts for iron ore despite a sharp fall in the commodity over China weakness.
The critical minerals sector has been pressuring the federal government for additional processing support after a sharp fall in prices.
The billionaire will raise concerns over the ability of renewable energy to replace baseload coal and gas, saying ‘humungous’ spending will be needed on solar and wind as Australia’s electricity grid faces an uncertain path to green power.
The nation’s largest renewables project has won environmental approvals from the Albanese government, with the NT development, backed by tech billionaire Mike Cannon-Brookes, set to produce enough power for three million homes.
Original URL: https://www.theaustralian.com.au/author/perry-williams