Tag: Resources

Australia is on track to set a record for resources and energy exports after earning a record $459 billion in the  2022-23 fiscal year, according to the June 2023 edition of the Resources and Energy Quarterly published by the Department of Industry, Science and Resources.

A recent report from Geoscience Australia has reinforced the country’s significant role in the global energy supply chain, according to Minister for Resources and Minister for Northern Australia Madeleine King. 

Resources and mining ministers from the federal, state and territory governments in Australia have expressed their support for the nation’s critical minerals sector and reaffirmed a commitment to attracting foreign investment for resources projects.  

Darwin is set to host a trilateral meeting between industry leaders from Australia, Japan, and the United States to discuss progress in critical mineral and rare-earth element production across northern Australia. 

Australian petroleum company Ampol has partnered with Japan’s ENEOS to explore advanced biofuel production in Brisbane, bringing Queensland one step closer to becoming Australia’s hub for sustainable aviation fuel (SAF). 

Metal additive manufacturing company Aurora Labs announced that its Share Purchase Plan (SPP) closed on 7 March 2023 with funds totalling $499,500 to ramp up the design and build of its high-powered laser printer, among other plans.

The Australian government has announced $70 million in support for the development of the Townsville Hydrogen Hub, accelerating the growth of North Queensland’s hydrogen industry. 

The Western Australian government said it has deployed measures to mitigate gas and electricity supply issues following an outage at Chevron’s Wheatstone domestic gas plant near Onslow. 

The Andrews Labor Government is urging Victorians to buy local and support the state’s farmers, producers, and retailers. 

The Sustainable Critical Minerals Alliance will help Australia uphold its commitment to sustainability and the highest environmental, social, and governance (ESG) standards for mining and processing of critical minerals, which are crucial in the manufacturing of low-emissions technologies.