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Australia’s businesses are increasingly united against Federal Labor’s radical environmental law reforms, with one lobby group boss stating job opportunities will be whittled down to taxis and cafes.
Fortescue’s energy boss Mark Hutchinson is resolute on green hydrogen despite an admission electricity cost targets for projects in Australia are ‘not possible’ right now.
Rio Tinto says it has now exported enough iron ore from the Pilbara to China to build about 45,000 Sydney Harbour Bridges.
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Corporate heavyweights have bypassed Environment Minister Tanya Plibersek in a private appeal to Prime Minister Anthony Albanese to intervene on Labor’s controversial Nature Positive Plan.
Fortescue is making hundreds of white-collar workers redundant as Andrew Forrest concedes the mining giant will have to break a key green hydrogen promise.
BHP has capped off the year with record iron ore production and strong output from other commodities across its global resources portfolio, including its highest copper production result in 15 years.
The Association of Mining and Exploration Companies has argued the furore about a lack of consultation on Nature Positive has masked real concerns from industry about the contents of the contested reform.
Andrew Forrest’s Fortescue has lost yet another senior executive, with Asia Pacific energy boss Eva Hanly understood to have parted ways with the company.
Rio Tinto has been given a clear runway to spend $9.2 billion on developing a mega West African mine that could dethrone the Pilbara’s iron ore supremacy.
There’s been a silver lining from the implosion of the local nickel mining industry for WA’s gold producers needing all hands on deck to capitalise on the precious metal’s record price.
Federal Resources Minister Madeleine King says BHP’s decision to mothball its WA Nickel business is ‘disappointing’ but agrees with the Big Australian’s belief that the nickel market can do a U-turn.
Fly-in, fly-out aircraft operator Alliance Aviation is bracing for a multimillion-dollar hit to its bottom line after BHP revealed it would mothball its vast WA Nickel portfolio.
A tremor struck the mine, trapping coal miners under the ground and killing one.
BHP’s Australia chief believes the nickel market could turn a corner by 2028 and says a tight labour market in Australia will help the Big Australian absorb many of the 3000 WA Nickel castaways.
BHP is putting its Nickel West arm on care and maintenance until at least 2027 and is promising to offer new jobs to its 3000 workers at the WA asset.