News

Feb 28th, long-serving staff from Australia’s resources, agriculture, and businesses celebrated Executive Chairman Mrs. Gina Rinehart AO’s February birthday and long-serving employees for their decade of service.

Australia’s biggest promoter of green hydrogen, Andrew Forrest, has axed an investment pact with US hydrogen giant Plug Power in the latest blow for the hyped clean energy power source, as developers pull back from projects following the election of Donald Trump.

South Korea’s Korea Hydro & Nuclear Power Co. issued the first green bond in Asia whose proceeds can be used to finance nuclear energy projects, according to the company.

Australia’s green hydrogen ­industry has failed to fire, with 99 per cent of a $100bn supply pipeline failing to progress ­beyond the concept stage, punching a hole in Anthony Albanese’s aim to develop a major export ­industry by 2030 and meet net-zero goals.

Even the oil giants that attempted to switch away from fossil fuels are going back to oil and gas.

Victoria is likely to have to burn coal for longer, endure a gas shortage and suffer delays in developing renewable energy projects that will cause significant economic harm and undermine efforts to reduce emissions

The state produces enough gas for domestic demand, LNG exports and has extra gas to send south during winter.

Rinehart lends valuable advice to young women keen on mining

You wouldn’t know from the puff piece TIME magazine ran on Andrew Forrest that the green hydrogen dream suffered a hat-trick of setbacks last week.

Amanda Lacaze says if the US wants to secure rare earths supply, they should buy from Lynas rather than continue with “thought bubble” solutions.

Anthony Albanese will come under immediate pressure from the Greens and teals to cancel the $30bn extension of the North West Shelf gas project if Labor falls into minority government.