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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 –...Woodside Petroleum linked to bid for all of BHP’s oil and gas assets - An unsourced media report today has linked Woodside Petroleum with the acquisition of 100% of the oil and gas assets owned by mining giant BHP. Analysts and an investor referenced in a Reuters article claim that Australia’s top independent gas producer is in talks with...International consortium reveals plans for $70 billion green hydrogen project in Western Australia - An international consortium comprised of developers from Hong Kong and Australia has unveiled plans to use 50GW of wind and solar PV capacity in Western Australia to produce green hydrogen and green ammonia. The Western Green Energy Hub would be built across 15,000 km2 of...Barton Gold to begin drilling at South Australia projects next week - ASX-listed Barton Gold is planning to mobilise a drill rig at the Tarcoola and Tunkillia gold projects in South Australia, just two weeks after its oversubscribed A$15 million initial public offering (IPO). The 11,100 metre reverse circulation (RC) campaign will commence next week, with Tarcoola...




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