Prime Minister Malcolm Turnbull’s Low Emissions Target scheme has won the support of major businesses, and could win over the Labor Party, if it ends the long-running battle over emissions reduction
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Adani execs slam activists, kick off Carmichael
Indian energy giant Adani has announced its “final investment decision” on the Carmichael coal project in Queensland’s Galilee Basin, but critics have suggested the miner is trying to bully the government
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Palaszczuk unveils $1.2bn energy plan
Queensland Premier Annastacia Palaszczuk has announced the state’s Budget will invest $1.16 billion to ensure affordable, secure and sustainable energy supply for Queensland businesses and residents.
Palaszczuk
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Mackenzie urges support as Elliott continues to circle
BHP Billiton chief executive Andrew Mackenzie has appealed for investors to support the company’s management, as pressure for major changes from activist investor Elliott Management continues to ramp
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Ex-Amcor boss tabbed to lead BHP
Former Amcor boss Ken MacKenzie has been suggested as the potential frontrunner to replace exiting BHP Billiton chair Jac Nasser, in a move expected to appease activist investors concerned about the miner’s
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Metso launches innovative cone crusher
After a March 2017 unveiling at a Las Vegas construction industry trade show, Metso has just locally launched the MX4, first model of its new cone crusher series.
According to Metso, MX is the first Multi-Action
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Energy debate flares up after Glencore threat
The national debate over energy prices for industrial consumers has reignited this week after Glencore threatened to wind up its massive Queensland copper operations if conditions didn’t improve.
Glencore,
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McGowan softens stance after miners rattled
Western Australian Premier Mark McGowan has looked to appease mining giants Rio Tinto and BHP Billiton over proposed multi-billion-dollar, up front, lump sum tax payments aimed at easing the state’s
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Adani royalties deal signed
Indian energy giant Adani has reportedly struck a royalties agreement with the Queensland Government, and is set to go ahead with its $16.5 billion Carmichael coal mine in the Galiliee Basin.
The Labor
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Investment guru questions iron ore market fundamentals
Templeton Emerging Markets Group executive Mark Mobius has reportedly called for an end to the connections drawn between demand for iron ore and the market price.
Quoted in the AFR this week,
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