Incitec Pivot, Boyne Smelters among winners of $91 million in grants for hard-to-abate industries

The federal government has announced $91 million in grants for emissions reduction projects through the Powering the Regions Fund to companies including Incitec Pivot, Viva Energy Australia and the owners of the Boyne Aluminium Smelter. In a statement on Friday from ministers Ed Husic and Chris Bowen, it was said that the projects would lead…

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BHP suspends WA nickel production ‘temporarily’

BHP has taken what it calls ‘the difficult but necessary decision’ to temporarily suspend its Western Australian Nickel operation, Nickel West. The company operates open-cut and underground mines, concentrators, a smelter and refinery all located in Western Australia. The company blamed ‘significant and sustained challenges to the Australian nickel industry’, which includes a period of…

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Joint Statement by the Drone Coalition’s Ministers of Defence

Defence Minister Richard Marles has announced that Australia will join the Drone Coalition which includes Estonia, Denmark, Sweden, Netherlands, Australia, Canada, United Kingdom, Germany, New Zealand, Poland and Latvia.. The coalition aims is to provide one million drones to Ukraine – here is the joint statement of coalition defence ministers in full. “We, nations of…

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Australia reveals biggest-ever Ukraine aid package

The federal government has announced Australia’s largest single military assistance package to Ukraine worth nearly $250 million. At the North Atlantic Treaty Organization (NATO) Leaders’ Summit in Washington DC, Deputy Prime Minister and Minister for Defence, Richard Marles, met with Ukraine’s President Volodomyr Zelenskyy alongside Indo-Pacific Four (IP4) partners. Marles ‘reaffirmed Australia’s commitment to standing…

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Lithium Australia battery recycling achieves maiden profit

Lithium Australia’s lithium ion battery (LIB) recycling subsidiary Envirostream Australia has achieved a significant milestone, delivering its first positive operating profit during Q4 FY24. The achievement was driven by the company’s transition towards an upstream service model, which has increased revenues with a higher proportion of revenues now received upfront through recycling fees. Lithium Australia…

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