WA’s troubled nickel sector is pleading for government help to withstand a price slump caused by booming production from Indonesia.
Australian Vanadium Limited,which has a plant in Perth’s northern suburbs,wants to ride the next big energy storage wave after lithium.
What was to be the showpiece of the emissions reduction Australia’s gas giants need at Chevron’s Gorgon project is at just one-third capacity after seven years.
Australia has huge deposits of rare earths and other critical minerals,but exploiting them means competing with China.
Australia is joining the United States to tackle China’s dominance in key green commodities. But the government faces tough choices to help local industry.
Anthony Albanese will double the finance available to exporters to unlock reserves of lithium,nickel and other essential elements for renewable technologies.
Trade Minister Don Farrell and key cabinet ministers will seek to convince Japan of Australia’s reliability as an exporter in high-powered trade talks.
The expected drop in earnings from resources and energy exports highlights the perils facing an economy already struggling with the RBA’s aggressive tightening of monetary policy.
A surplus is good news for households grappling with a cost of living crisis,after the watchdog in June flagged a shortfall for heating and electricity.
The $40,000-a-year private school’s new student centre,modelled on a Scottish baronial castle,will be completed two years late and millions over budget.
The competition watchdog has urged Queensland gas producers to sign supply deals with local buyers to fill the forecast shortfall before locking in exports.