BHP says it won’t renew a supply deal with explosives manufacturer Incitec Pivot beyond 2019, just as competitor Orica will be ramping up capacity at its ammonium nitrate plant on the Burrup Peninsula.
Incitec
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Hambro warns big miners against lithium plunge
Respected mining investor Evy Hambro has reportedly warned the industry’s giants not to make major plays in the lithium market at current prices, but believes they would be wise to invest in the sector
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AGL to defy Turnbull, close Liddell
AGL Energy will close its Liddell coal plant by 2022, and has outlined plans to build gas and renewable energy capacity to supplant the NSW power station’s 1,680MW of generation.
The $1.36 billion plan
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SA aims for 50mtpa magnetite mining, processing sector
South Australia would mine and process 50 million tonnes of magnetite products a year under a 15-year plan released by the State Government on December 8.
The state’s new Magnetite Strategy lays out
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Mackenzie calls for Trump-style tax cuts in Australia
BHP boss Andrew Mackenzie says corporate-focused tax changes like those planned by the Trump Administration in the US would create jobs in Australia.
Speaking to roughly 600 at Melbourne’s Town Hall
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China backs off Adani
Indian energy giant Adani has suffered another blow, after a major Chinese bank ruled out funding its Carmichael mine, rail and port project planned for Queensland’s Galilee Basin.
Industrial & Commercial
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Rio promotes Thompson to chairman role
Simon Thompson will succeed Jan du Plessis as the next chairman of Anglo-Australian mining giant Rio Tinto, the company announced on December 4.
Thompson, who has been part of Rio’s board as a non-executive
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ATO looks to tackle major miners’ Singapore hubs
The Tax Office is reportedly preparing legal action against Rio Tinto and BHP Billiton over their controversial marketing hubs in Singapore, which are primarily used to minimise the mining giants’ tax
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Rio to spend big on rail productivity
Rio Tinto will spend $263 million to boost its rail capacity to 360 million tonnes, with iron ore boss Chris Salisbury highlighting the miner’s Pilbara rail network as “a bottleneck” in the company’s
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Your digital edition of the ABHR November/December Issue is here!
Australian Bulk Handling Review is pleased to release its latest instalment for online readers in a digital, true-to-life, format.
The November/December issue of ABHR is now available to view, for free,
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