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Australia’s primary mining lobby group backs net-zero 2050 target - The Minerals Council of Australia – which represents the nation’s major mining players including BHP and Rio Tinto – has set a target for the sector to reach net-zero carbon emissions by 2050, in a sign of a shifting attitude towards the highly polluting coal...Core Lithium to deliver Northern Territory’s first lithium mine after FID - ASX-listed Core Lithium will start building its Finniss Project in Australia’s Northern Territory in the coming weeks after making a final investment decision (FID) on the hard rock lithium project. The decision puts Core on course to become Australia’s next producer of the key battery...Barton Gold identifies multiple new shallow targets at Tarcoola project in SA - ASX-listed Barton Gold has announced the recent identification of several new shallow targets at its Tarcoola Gold Project in the Gawler Craton of South Australia. The targets were uncovered via Ground Penetrating Radar (GPR) technology and include roughly 12 vein-like targets, a shallow stockwork-like intrusive...Latest quarterly exploration spending among ASX-listed firms reaches seven-year high - Resources exploration spending by Australian companies at home and abroad hit the highest levels in seven years in the June quarter, as the commodities sector continues to make strong gains in tandem with a broader global economic recovery from the pandemic. According to a study...UN climate official urges Australia to phase out coal industry - The UN’s Special Adviser to the Secretary-General on Climate Action Selwin Hart has called for Australia to abandon its coal mining business and to increase its 2030 greenhouse gas emissions reduction target. During a speech recorded for an Australian National University leadership forum, Hart said...Forrest and former PM Turnbull form Green Hydrogen Organisation - Fortescue Metals Group chairman Andrew Forrest and former Australian Prime Minister Malcolm Turnbull have formed an international body to promote the use of green hydrogen around the world. The Green Hydrogen Organisation (GH20) advocates clearer boundaries between green hydrogen made using renewables, and supposedly ‘clean’...BHP plotting oil and gas exit with Woodside Petroleum merger talks - BHP is engaging in talks with Australia’s Woodside Petroleum over a potential merger of its US$13 billion-valued petroleum business. The potential transaction between BHP and Woodside would mark the world’s biggest mining group’s exit from the oil and gas industry, as it faces growing shareholder...IMARC announces First Nations partner for upcoming Melbourne event - The International Mining and Resources Conference (IMARC) has announced a partnership with the Indigenous Women in Mining and Resources Australia (IWIMRA) – becoming the first Australian resources event to partner with a First Nations group. The partnership aims to foster stronger connections between First Nations...Lithium battery maker Magnis signs $100 million sales deal with US govt supplier - Australian lithium-ion battery producer Magnis Energy Technologies announced yesterday that its unit in New York secured an additional binding sales agreement with a US government supplier. Imperium3 New York (iM3NY) – Magnis’ energy storage systems unit – signed a A$100 million sales deal for a period...22,000+ hectares Australian forestry estate acquired by AXA IM Alts - AXA Investment Managers Alternatives (AXA IM Alts) has announced the acquisition of the Green Triangle Forest Products estate in Australia from US-based Global Forest Partners, in a deal reported to be worth more than A$700 million. The acquisition – AXA’s largest yet in timberland –...
