By Rod Sims, Crawford School of Public Policy, Australian National University Australia has three ways it can help reduce world greenhouse emissions, the only reduction that matters in tackling climate change. First, we can remove emissions from our economy. This will reduce global emissions by just 1.3%, but it must be done so we share…
The federal government has announced a $2 billion expansion in critical minerals financing, doubling the capacity of the Critical Minerals Facility to finance critical minerals mining and processing projects. The funding would solidify Australia’s position as a world leading provider, help the transition to net zero, boost the economy and support more jobs and opportunities…
Lynas Rare Earths is preparing for various outcomes of its long running battle to maintain its license to import Lanthanide concentrates from its Mt Weld mine in in Western Australia into Malaysia. The ore which is destined for its Malaysian metals production plant, is radioactive and subject to a long running campaign by environmentalists and…
EOS enters optical surveillance alliance Electro Optic Systems subsidiary EOS Space Systems has entered into a Memorandum of Understanding (MoU) with EX-Fusion, a Japanese laser fusion startup. The signing took place during the fifth Japan-Australia Ministerial Economic Dialogue co-chaired by Minister for Trade and Tourism, Senator Don Farrell, and Japan’s Minister of Economy, Trade and…
Pact releases sustainability report Pact Group today released its 2023 Sustainability Report which reveals the company recycled more than 54,000 tonnes of plastic waste last financial year, the equivalent weight of the Sydney Harbour Bridge. The plastic waste was recycled at seven facilities operated by Pact and its joint venture partners in Australia and New Zealand, converted…
By Alan Finkel, The University of Queensland This article is part of a series by The Conversation, Getting to Zero, examining Australia’s energy transition. Just over a year since US President Joe Biden signed the Inflation Reduction Act (IRA) into law, it’s becoming clear this strangely named piece of legislation could have a powerful impact…
While Australia talks the big talk about being a critical minerals and battery metals superpower, backed by the $15 billion National Reconstruction Fund, Australian metals companies continue to be lured overseas by deeper financial markets and more supportive government policies. Element 25 has become the latest to site in the United States where the Biden…
Austin powers ahead on benefits from revamped manufacturing Perth mining equipment manufacturer Austin Engineering has reported an EBITDA of $31 million for FY23 on revenue up 27 percent on the previous year to $258 million. Operating cash flow for the year was $15.8 million, up 236 percent, with the company ending the year with an…
CSL opens new HQ and R&D centre Biotechnology giant CSL has opened its new Headquarters and Centre for R&D which will house more than 850 people dedicated to protecting public health and bringing life-saving innovative therapies to patients. The Prime Minister Anthony Albanese (pictured) congratulated CSL on the opening. Albanese said: “This world-leading research will…
Western Australian Premier Roger Cook has signed a Plan of Action with Indonesia’s Chamber of Commerce and Industry (KADIN) during the Republic of Indonesia President Joko Widodo’s visit to Australia. The agreement will further strengthen Western Australia’s economic ties, trade, and supply chain opportunities with Indonesia, including cooperation in critical minerals sectors. It follows the…
