The International Energy Agency (IEA) has declared that coal has made a ‘comeback’ in its latest World Energy Outlook (WEO) update.
Australia’s LNG exports will almost double from current levels to reach around 108 million tonnes by 2040, reinforcing the importance of continued investment in the sector. The forecast figures are contained in the recently released World Energy Outlook (WEO) report.
The WA Government has given environmental approval for a lithium manufacturing plant in the State’s South-West, paving the way for more than 500 construction jobs and up to 500 permanent jobs.
CIMIC Group’s global mining services provider, Thiess, has secured a contract from Fortescue Metals Group (Fortescue) to install autonomous haulage system technology at its Christmas Creek operations in Western Australia’s Pilbara region.
The future of oil and gas exploration looks bright after new offshore petroleum exploration permits were awarded by the Government that could see more than $530 million invested over the next six years.
A booming Australian minerals sector has strongly contributed to the 27th year of uninterrupted economic growth for the nation, according to latest Annual National Accounts data released by the Australian Bureau of Statistics.
Two centuries of gold mining in western Victoria is set to continue, with six companies investing in the search for copper, gold and other metals in the region, bringing jobs and a boost to local communities.
CIMIC Group’s global mining services provider, Thiess, has secured a A$1.2 billion contract from BHP to provide mining services at the Mt Arthur Coal operation in the Hunter Valley, Australia.
Australia’s economy, regional jobs and local communities will all benefit from growing demand for our world-class steel-making coal driven by population and economic growth in China and India.
Strong economic growth in India and increased demand for Australian mineral resources and mining equipment, technology and services should generate big opportunities for both countries while presenting significant challenges for doing business.