Australia’s mining state aims to build battery manufacturing hub

Mining News Pro - Western Australia is seeking to lure more overseas investment to become a key battery manufacturer, promising financial backers from ally nations they will avoid limits on foreign ownership or repatriation of profits.

Rio Tinto, China Baowu to develop Australian iron ore project for $2bn

Mining News Pro - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.

Glencore faces Australian challenge over net-zero strategy

Mining News Pro - Environmental lawyers ClientEarth said on Thursday they were supporting a complaint filed in Australia against Glencore alleging the miner and trader could be misleading investors and the public over its climate strategy.

Australian miners to benefit from China stimulus

Mining News Pro - As China looks to emerge strongly from recent COVID lockdowns, Australian miners are set to welcome the economic return of their biggest export customer.

New Australia-based think-tank aims to broker enterprise relationships between miners

Mining News Pro - A new think tank, the Ian Kowalick Aboriginal Enterprise Institute, has been launched in Adelaide with the idea of helping Aboriginal people make more informed business decisions, particularly when it comes to resource extraction ventures in their traditional territories.

Australia’s renewable energy ambitions dwarfed by coal

Mining News Pro - One of the refrains of the environmental lobby is that Australia is extremely well-placed to become a renewable energy superpower, and that this will replace the loss of revenue from coal and natural gas exports.

Greatland Gold plans listing in Australia

Mining News Pro - Australia-focused explorer Greatland Gold has unveiled plans to list on the Australian Stock Exchange as the miner moves forward with its flagship Havieron gold-copper project in the Paterson region of Western Australia.

The Australian diamonds that no one can see

Mining News Pro - Researchers working at the Clarke River Fault, west of Paluma in north Queensland, found the first metamorphic diamonds in rocks in Australia.

Not enough women miners in Australia

Mining News Pro - Global investor and economist Dambisa Moyo this week became the first woman ever to deliver the keynote speech at the mining industry’s annual conference in Western Australia, a boost for the sector as it faces scrutiny over perceived sexism.

Tesla’s Denholm says Australia is key to avoid EV battery crunch

Mining News Pro - Lithium powerhouse Australia, which produces about half of all unprocessed supplies of the raw material, needs to add capacity in refining and manufacturing to help the world meet surging demand for batteries, according to Tesla Inc. Chair Robyn Denholm.

Rio Tinto faces labour crunch in Western Australia

Mining News Pro - Rio Tinto on Friday warned that covid-19-related labour shortages in the resource-rich state of Western Australia and rising inflation would impact its underlying earnings in the second half, knocking its stock lower.

China studies ending Australia coal ban on supply fear

Mining News Pro - Chinese bureaucrats studying the energy outlook are proposing to end a near two-year ban on Australian coal as tensions begin to ease and on concerns supply may tighten when Western-led sanctions on Russian energy kick in.

Glencore expands coal mining in an Australian methane hotspot

Mining News Pro - Glencore Plc is expanding a coal mine that scientists have estimated leaks so much planet-wrecking methane each year it has the same warming impact as the annual emissions from millions of cars.

Cost reductions for renewables may stall in Australia

Mining News Pro - Cost reductions for renewable energy are likely to be put on hold for the next year in Australia due to inflation and supply chain disruptions, a recent report by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) shows.

Australia sees commodities boom lifting exports to fresh record

Mining News Pro - Australia’s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation’s coal and natural gas.

Australian resource exports hit record $400b

Mining News Pro - The global energy crisis has driven demand for Australian resources to all-time highs, with the country’s resource exports expected to hit a record of more than $400 billion, according to reports.

Australia sees commodities boom lifting exports to fresh record

Mining News Pro - Australia’s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation’s coal and natural gas.

At Australia mine, Glencore balances reforestation drive, coal profit

Mining News Pro - At Glencore’s aging Mt Owen open-cut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to burnish the company’s environmental credentials with climate activists and shareholders who want it to back away from coal.

Australia to push miners to set up register of offenders

Mining News Pro - Australia will push its mining industry to set up a register of sexual harassment perpetrators to help rein in abuse, a cabinet minister said, after a state government report detailed cases of “horrifying” and “appalling” behaviour against women.

Australia’s opposition party flags more ambitious emissions goal

Mining News Pro - Australian opposition leader Peter Dutton indicated his group will set a target before the next election for a bigger cut in emissions, but said that coal and gas should continue to be “a part of the mix.”

BP to lead giant green hydrogen project in Western Australia

Mining News Pro - BP Plc acquired a stake in and will lead one of the world’s largest clean energy projects, which aims to supply green hydrogen from Australia to key markets including South Korea and Japan.

Yancoal Australia rejects $1.8bn takeover bid from China’s Yankuang

Mining News Pro - Yancoal Australia (ASX: YAL) rejected on Tuesday a $1.8 billion takeover bid from its largest shareholder, saying that both the value and the proposed structure of the deal were not in the best interests of its minority shareholders.

Glencore expected to dismiss bid for Yancoal Australia stake

Mining News Pro - Glencore is expected to dismiss a $3.60 per share offer for its minority stake in Yancoal Australia as it considers the Chinese majority owner’s bid for the coal producer offensively low.

Chinese, Australian investors battle for largest lithium deposit

Mining News Pro - Australia’s AVZ Minerals Ltd. is battling to retain control of what is potentially the world’s largest untapped lithium deposit amid ownership claims from Chinese investors, according to Boatman Capital.

Tianqi produces Australia’s first battery grade lithium hydroxide

Mining News Pro - Tianqi Lithium Energy Australia (TLEA) announced Wednesday the first production of battery-grade lithium from its plant in Kwinana, Western Australia, marking the first-time battery-grade lithium, or lithium hydroxide monohydrate (LHM), has been produced in Australia in commercial quantities.

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