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Australia’s NSW Launches $89 Million Critical Minerals Activation Fund
June 22, 2022
The New South Wales (NSW) government in Australia has announced the A$130 million ($89.6 million) Critical Minerals Activation Fund to draw mining and processing investment to the state. The investment is being delivered as part of the 2022-23 budget of
Europe Runs Back to Coal After Putin Cuts Off Natural Gas
June 22, 2022
European nations are firing up idled coal-powered plants to make up for lost energy supplies after Russia slashed natural gas exports to Europe in June. Russian state-backed energy companies cut liquefied natural gas exports last week, leaving Europe in search
Rio Tinto Opens Gudai-Darri, Its Most Technologically Advanced Mine, Australia
June 21, 2022
Pilbara Traditional Owners, the Banjima People, and Western Australia’s Minister for Mines and Petroleum; Energy, Hon. Bill Johnston MLA, joined Rio Tinto employees as well as valued partners and suppliers to celebrate the official opening of Gudai-Darri, Rio Tinto’s most
Trevali Recovers Final Two of Eight Workers Killed in Burkina Faso Mine Flood
June 21, 2022
Trevali Mining Corporation said that search team members have discovered the bodies of the remaining two workers unaccounted for following an April 16 flooding event at the Perkoa Mine in Burkina Faso . The two workers were discovered following dewatering,
Fortescue and Liebherr Establish Partnership for Zero Emission Mining Equipment
June 17, 2022
Fortescue Metals Group entered into a partnership with multi-national equipment manufacturer Liebherr for the development and supply of green mining haul trucks for integration with the zero emission power system technologies being developed by Fortescue Future Industries (FFI) and Williams
Komatsu to Acquire Australia-based Mine Site Technologies
June 16, 2022
Komatsu, through its wholly owned subsidiary in Australia, has agreed to acquire Mine Site Technologies, a provider of operational optimization platforms for underground mining that leverage communication devices and position tracking systems. As global demand for essential resources requires Komatsu’s
U.S. Thermal Coal Exports through April are Up 77% to Europe
June 16, 2022
Fatih Birol, head of the International Energy Agency, recently warned that the current global energy crisis is in fact bigger than the oil crises of the 1970s and 80s. “Now we have an oil crisis, a gas crisis and an
Vale Creates $100 Million Venture Captial Arm to Support Disruptive Innovations in Mining
June 15, 2022
Vale has established a corporate venture capital (VC) arm for supporting start-ups focused on developing disruptive innovations to address challenges in the mining and metals sector. Dubbed as Vale Ventures, the venture capital arm has a starting budget of $100
Rio Tinto Delivers First Ore from Gudai-Darri Iron Ore Mine in Pilbara, Western Australia
June 15, 2022
Rio Tinto has delivered first ore from the Gudai-Darri iron ore mine as the company brings online its first greenfield mine in the Pilbara, Western Australia, in more than a decade. Gudai-Darri will help underpin future production of the company’s
Western Australia to Shut State-owned Coal Plants By 2030
June 15, 2022
The Western Australian government will shut its last coal-fired power unit before the end of the decade and spend an extra half a billion dollars to foster new jobs for displayed workers, the state government said. Later this year, the
