Australia

Australia and India have discussed opportunities in coal technology, skills development, and business-to-business collaboration at a Joint Working Group (JWG) meeting on ‘Coal and Mines’.

Valmec has agreed to have Altrad acquire 98 per cent of its shares, allowing the France-based engineering company to leverage its experience and grow Valmec in the Asia-Pacific region.

Bulk scan manufacturer RTI has paved the way for Australian businesses to export to India, with the Australian Trade and Investment Commission (Austrade) advising the company every step of the way.

Position Partners offers fleet management and high precision systems that simplify processes and provide meaningful data to understand and optimise production on Australian mine sites.

Position Partners has signed an agreement to distribute Omnidots’ wireless vibration monitoring platform through Australia and New Zealand.

Australia’s mining, energy and resources industry has been listed as one of the top three industries increasing job growth in Australia, according to SEEK’s latest employment report.

Australian gold production fell by nine tonnes for a total of 74 for the March quarter, down 11 per cent on the previous quarter, according to gold consultants Surbiton Associates.

Wood Mackenzie analysis has suggested long-term copper price increases are likely to face serious competition from aluminium.

Orica has put subsidiary Minova up for sale following hampered market conditions and the halving of overall earnings.

MRA has helped keep the heart of Australia’s coal industry beating with smart systems to automate, protect and optimise the performance of large-scale stockyard equipment and ship loaders.

Perenti managing director and chief executive officer Mark Norwell has declared that the demand for Australian labour workers is putting pressure on company costs due to increased wages.

The price of seaborne iron ore has jumped to a record $US230.56 ($294.52) per tonne, just after it surpassed the $US200 per tonne mark.

China’s National Development and Reform Commission (NDRC) has suspended economic communications with Australia, which emphasises Beijing’s move away from Australian commodities.

Newmont has offset a production downturn with higher grade ore milled at four of its global assets, including the Boddington gold mine in Western Australia.

The International Copper Study Group (ICSG) has found that global copper mine production remained stable in 2020 despite production declines in Australia.

The Australian Trade and Investment Commission (Austrade) has flagged strong demand for critical minerals following indications that the United States plans to develop renewable energy facilities and extensive electric vehicle (EV) supply.

Coronado Resources is expecting demand from international markets for its metallurgical coal will climb 14 per cent by 2030.

Australia’s iron ore exports have declined following port shutdowns in Port Hedland due to cyclone concerns, according to Australian Bureau of Statistics (ABS) data.

Global nickel demand is expected to rise by 2.6 million tonnes in 2040, with Australia’s greenfield and brownfield projects to play a significant role in future demand, according to a Roskill report.

Prices for Australia’s high-grade iron ore fines have increased this week after data on China’s steel output in 2020 was revealed.