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.
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.
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.
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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 must ramp up its ability to make the materials and components needed for big renewable energy projects coming down the pipeline, industry heads say.
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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 has posted a strong fourth quarter with annual production records at Western Australia iron ore, Olympic Dam and Spence, but warns of uncertain times.
The world needs South Australian-made green hydrogen, ammonia and steel to meet net-zero emission targets, Premier Peter Malinauskas will tell investors.
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.
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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 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.