News

A climate trigger is looming as an “ever-present threat” that is stifling industry confidence as the Government revamps environmental laws, the nation’s peak mining body has warned.

By the end of the 2025 financial year, the number of staff employed by the federal government in regulatory roles will be more than 106,000.

The Federal Government has given the green light for Senex Energy to build more than 120 new gas wells in southern Queensland, fuelling the company’s ambitious expansion plan.

Western Australia is the engine room of the Australian economy, generating wealth and opportunity for the benefit of every Australian.

Yet time and again, the enterprise and hard work of West Australians is undermined by the ideologically driven east coast elite.

Senex Energy will push ahead with a $1bn expansion of its Atlas and Roma North natural gas fields after receiving ­federal approval for the stalled project.

Australia faces power blackouts unless regional communities back the acceleration of renewable ­energy and construction of 10,000km of transmission lines, with authorities raising the alarm that not enough green electricity will be built before coal exits the grid by 2038.

The federal Labor government has approved the $1bn expansion plan of Senex Energy, owned by South Korean steel giant Posco and Gina Rinehart’s Hancock Prospecting, in a decision which will temper some concerns over medium-term gas supplies across Australia’s east coast.

There is no escaping this impenetrable fact. If Australia is to remain competitive in the global marketplace, its industries must be given every opportunity to reduce emissions in a cost-effective way, while maintaining access to reliable baseload power.

“Nuclear power would be a win for the environment and an essential part of attacking global warming.”

Lengthening approvals processes and rapid cost escalation has forcedMineral Resources to shutter its iron ore operations, according to thecompany’s iron ore boss, rather than concerns about the outlook for thesteelmaking commodity.

Mining giant Brazil has big ambitions to build a rare earths industry as Western economies push to secure the metals needed for magnets used in green energy and defence and break China’s dominance of the supply chain.

Gina Rinehart said Australians are “truly fortunate to be able to enjoy the high quality of the agricultural products our farmers work so hard to produce.”