Australia inks $660 million hydrogen pact with Germany
A hydrogen investment pact with Germany will support new commercial supply and access to the European market for the emerging industry.
iron and steel
Fortescue slams ‘cynical distraction’ in IP-theft case
Directors sued for allegedly using Fortescue secrets in their own startup filed a "monumental waste of time" to avoid defending the lawsuit, a judge has heard.
Japan’s steel giants dig deep for Australian coal
Production at one of Australia's biggest coal mines could be extended beyond 50 years under joint venture deals, with the buyers warned to brace for backlash.
BHP’s climate transition ‘more than window dressing’
Resources giant BHP has defended the carbon footprint of its mining operations even as demand for traditional commodities and future-facing products expands.
Fortescue ‘doubling down’ on green iron despite leaks
Mining giant Fortescue pledges to create a green metals industry grounded in Australian ore and renewable energy, after pulling back on championing hydrogen.
BlueScope backs Port Kembla steelworkers amid downturn
A major steelmaker warns of tough conditions as it braces for rising electricity, gas and labour costs amid a stubbornly soft home building market.
Australia risks missing $250b green iron opportunity
Urgent reforms are being called for to allow Australia to become a world leader in the production and export of iron produced with renewable energy.
Ore-some state tipped to win race for green steel jobs
Higher-grade iron ore, deep water ports and a 100-per cent renewable energy grid give South Australia the edge on other states chasing future green steel jobs.
Diggers count losses on battery minerals, gold shines
Mining bosses and investors gathering in an outback city are counting their losses as the decarbonisation and battery minerals bubble bursts.
BHP’s $60b copper power play rejected by British rival
BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.
From talk to torque: sovereign steel for solar economy
Manufacturer Orrcon Steel has joined forces with a global energy firm to supply torque tubes made from 100 per cent Australian steel for solar panel tracking.
coal
economy, business and finance
energy
environmental issue
international (foreign) trade
iron and steel
metal and mineral
mining
India’s furnaces not the answer for Aussie coal exports
A report has found India will reduce its dependence on Aussie coal in steel furnaces as the price of green hydrogen comes down and carbon penalties go up.
Australia gets wake-up call on materials manufacturing
Australia must ramp up its ability to make the materials and components needed for big renewable energy projects coming down the pipeline, industry heads say.
company information
economy, business and finance
energy
energy and resource
iron and steel
metal and mineral
mining
transport
‘Wall of money’ for Twiggy’s global green hydrogen play
Fortescue Metals Group has pledged to continue to invest in green technologies as key investment decisions loom for billionaire Andrew Forrest and his board.
BHP faces cost pressures, warns of economic volatility
BHP has posted a strong fourth quarter with annual production records at Western Australia iron ore, Olympic Dam and Spence, but warns of uncertain times.
South Australia woos backers for green hydrogen, steel
The world needs South Australian-made green hydrogen, ammonia and steel to meet net-zero emission targets, Premier Peter Malinauskas will tell investors.
Australia risks losing race for carbon competitiveness
Some want emissions safeguards expanded to cover more industrial plants as a step towards an economy-wide carbon limit and price, but others warn of job losses.
economy, business and finance
energy
energy and resource
environmental politics
industrial production
iron and steel
metal and mineral
mining
natural gas
politics
Industry maps net zero pathway with safeguard uncertain
Industry, government and financiers need to invest more than $20 billion per year for the Australian economy to expand without dangerous levels of pollution.
Fortescue ‘green team’ goes loco for ore
Fortescue Metals Group says it is on track to cut emissions from transporting iron ore to port with the purchase of two new battery powered locomotives.