12 February 2024
12 February 2024
Despite efforts to reduce coal usage and increase renewable power, old habits seem to die hard as coal continues to play a key role in Australia’s energy mix.
Academics have expressed concern over the delay, arguing that it “jeopardises” sustainable development.
The expansion strategy involves enhancing the company's copper resource base and processing capabilities.
The nickel processing facility is expected to reach an annual capacity of more than 80,000 tonnes (t).
Uranium has been booming thanks to renewed interest in nuclear energy.
The company’s consolidated revenue in 2023 dipped 15% year-on-year to $14.4bn while EBITDA fell 21% to $6.88bn.
The company received A$15m in cash and 21,917,532 fully paid Genesis Minerals shares.
The company has agreed to supply 8 kilotonnes per annum (ktpa) of AAM from the Vidalia facility to Tesla.
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