GrainCorp sounds policy alarm over BP’s renewables retreat
GrainCorp, which planned to build large-scale oilseed crushing plants in WA, has taken a swipe at the nation’s renewable fuels policy after BP put a $600m investment on hold indefinitely.
Mining Energy
Electricity reserve alarms spike to more than 2-year high
Emergency alerts about a shortage of electricity reserves hit an all-time record for a last quarter of the year in 2024, new data has revealed, as NSW’s two largest coal power stations suffered a spate of debilitating faults.
WA miners turn up heat on Albo over native title
Efforts by WA’s Labor state government to shore up mining leases are in limbo as an industry leader warns of native title chaos.
Woodside CEO home protester flags police complaint
An activist awaiting sentencing over his role in an attempted protest at the home of Woodside Energy’s CEO says he plans to lodge a complaint against WA police after an officer pulled a gun on him.
Resolute Mining boss quits after Mali custody ordeal
Resolute Mining chief executive Terry Holohan is leaving the gold miner less than three months after being released from detention in the African country of Mali.
Eye on target: Chalmers brushes off fears on ‘unrealistic’ green goal
Jim Chalmers has dismissed concerns from the nation’s largest business body that Labor will have to revisit its renewables target of 82 per cent by 2030 amid crippling energy prices and looming supply shortfalls.
Major contract for Olympic Dam expansion study awarded
BHP has awarded a $40m contract to progress the proposed expansion of its copper smelting and refinery facilities at the Olympic Dam operations in South Australia’s Far North.
EDO could be stripped of its charity status
The EDO could be stripped of its charity status if the non-profit commission finds it breached public trust and failed to act responsibly in its legal challenge against Santos.
Storing carbon imports ‘a money maker’ if attitudes change
Australia will pass up a potentially lucrative industry to rivals storing captured carbon emissions unless the federal government lifts its restrictions on importation, says Santos.
Government must focus on serious productivity growth
How does a nation as rich in minerals, energy and skills as Australia lose its standing as a global resources hotspot?
Federal Labor on a collision course with miners over green push
The federal government has made a powerful enemy for itself in the west after the Chamber of Minerals and Energy WA said it would fight Labor’s push for so-called nature-positive laws.
MinRes upbeat despite debt, corporate watchdog probe
Mineral Resources says it will be generating “significant cash” by the end of the year as it shrugged off concerns.
Faltering coal and record gas exports drive energy price rises
The challenges faced by the electricity grid have been thrown into sharp relief as record solar output fails to offset coal outages and a lack of interconnection, driving spot prices higher.
Coal slump drives up electricity prices
Record electricity demand and a spate of coal outages that fell as NSW endured hot weather has sent the cost of producing electricity up more than 80 per cent, threatening to increase bills.
Carbon credits surge as corporates seek abatement
The value of Australian carbon credits increased by almost a third to $1.1bn last year, a report by research and advisory company RepuTex has found.
Red Hawk backs Fortescue’s $254m takeover offer
Red Hawk Mining managing director Steven Michael wants shareholders to accept Fortescue’s initial $1.05-per-share offer which will rise if it secures at least 75 per cent of the company.
Energy operator granted power to step in if grid hacked
Australia’s energy grid is increasingly driven by foreign-manufactured components and that has prompted new powers for the Australian Energy Market Operator.
Offshore wind developers start surveying ahead of auction
The acceleration of works is a boost to Victoria’s hopes of developing an offshore wind industry to replace the state’s coal capacity.
Revealed: staff not sent to assess mine site
Work has begun to redevelop the Blayney gold mine in line with a bombshell heritage decision which was made without on-site investigations.
Chinese giant abandons WA lithium refinery expansion
China’s Tianqi has axed a major expansion of its lithium hydroxide refinery in Kwinana, Western Australia, as the poor market conditions for the alkali metal hammer the industry.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/3