Santos has fired back at Andrew Forrest, saying the cost of green hydrogen from the billionaire’s Port Kembla plant will be nearly three times higher than hydrogen sourced from the gas producer’s Moomba hub in South Australia’s Cooper Basin.
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Latest resources figures show WA dominance
Premier Mark McGowan congratulated the industry on a successful battle with the COVID-19 pandemic. “Our efforts to crush the virus quickly and keep our economy and mining industry open has not only benefited Western Australians but the nation more broadly, with WA continuing to provide the largest per capita financial contribution to the Federation,” he said.
Read moreTimely call to arms for Libs to take the tough decisions
The book Australia Tomorrow’s just launched. Please find a few short excerpts below from Mrs Gina Rinehart’s included essay.
“Agriculture, mining, small businesses, investment and defence are the keys to our nation and our future,” Rinehart observes. “We need our government to stop making decisions influenced by the media of the moment and instead act to make the bold decisions our country needs.” Focusing on the need to eliminate red and green tape, Rinehart reveals her Roy Hill iron ore mine was forced to comply with 4000 pieces of regulation before construction could begin – yes, 4000. The mining billionaire also takes a powerful stand in support of our veterans, slamming their treatment at the hands of government, and showing displeasure at the handling of war crimes allegations. “Given all the serious challenges we face as a country, it was shocking for many good Australians to see the Defence Department order our military to divert to holding rainbow teas and to strip 3000 of our most highly trained military personnel of their medals,” Rinehart writes.
PNG Government Grants Special Economic Zone status to Central Cement and Lime Project
Managing Director Paul Mulder said “I greatly appreciate the leadership of the PNG Prime Minister & Minister for
Bougainville Affairs & Defence, Hon. James Marape, in the establishment of this SEZ, as it sets the right conditions for
large scale investment to thrive and catalyse down-stream processing in the SEZ that will particularly benefit the
people and the manufacturing industry in PNG.”
Approvals reform can protect natural assets & boost economy
The Minerals Council of Australia estimates that the EPBC process can cost companies developing greenfield resource projects up to $47 million every month. Professor Samuel recommended the job-destroying duplication should be addressed by improving, strengthening, and streamlining the capacity of the Federal Government to delegate approval functions to State governments.
It’s time to get on with reforms to better protect natural assets and deliver a needed boost for our economy.
McGowan backs PM over red tape Bills
Mr McGowan said his government had called for proposed changes 18 months ago.
“We support this legislation and WA continues to work with the Commonwealth to progress a bilateral agreement for approvals which will maintain environmental standards and reduce red tape,” he said.
“Since (originally calling for the changes) the State has been implementing initiatives to remove red tape while retaining the highest environmental standards for all applicants.”
Unilever to invest $175.4 mln in Indonesian special economic zone
The fast-moving consumer goods giant plans to expand its oleochemical factory, which can hire 600 new workers directly and potentially create 6,000 new jobs “indirectly”, Arif Hudaya, finance director at PT Unilever Indonesia, said in a statement.
Read moreTownsville Enterprise calls for cut in red tape for mining
“It’s important we work together with government and industry to ensure that we have a true partnership in terms of cutting red tape, finding investment opportunities in common user infrastructure and making sure the supply chain is ready for those junior miners coming through.
Read morePilbara iron ore powering Australia’s economy
Iron ore is Australia’s single largest commodity export and is forecast to earn Australia around A$700 billion over the six years to 2025-26. Iron ore supports 45,600 direct Australian jobs and is a major employer of Indigenous Australians.
Read moreNew figures show mining sector powering the economy
“These changes will transform the NAIF to make it a more proactive investor in projects that will generate economic activity and job creation,”
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