Keith Pitt

Australia has recorded its highest monthly exports to China in March as $US13.2 billion ($17.26 billion) worth of goods headed to the country.

Australia’s Minister for Resources, Water and Northern Australia Keith Pitt has announced an inquiry into the financial sector’s treatment of Australia’s resources industry.

Australia’s Resources and Energy quarterly report has predicted a record $296 billion in exports for the 2020-21 financial year as the likes of iron ore and gold overcome the impact of COVID-19.

Core Lithium has received major project status (MPS) from the federal government for the Finniss lithium project in the Northern Territory.

The Australian Government has developed a strategy to give Australian workers the skills they need to meet future demand for jobs in the resources sector.

Australia has overcome China’s alleged coal import ban, with its coal exports increasing during December, according to Australian Minister for Resources, Water and Northern Australia Keith Pitt.

Resources exports are guiding Australia’s recovery from the COVID-19 pandemic, with iron ore continuing to set new highs as prices reach lucrative levels.

A dip in the output of the resources sector caused by COVID-19 may have been sharp but it has also proven to be relatively short-lived, according to the Resources and Energy Quarterly September report.

Glencore has been awarded a financial lifeline by the Queensland Government to extend the operation of its Mount Isa copper smelter and Townsville refinery beyond 2022. 

The mining industry has bucked the national trend with an increase in output during the June quarter, according to Minister for Resources, Water and Northern Australia Keith Pitt.

The Australian Government has provided a $125 million expansion to Geoscience Australia’s exploring the future program to focus on two recently discovered resource potential corridors that cover the length of the country.

Strandline Resources has received a welcome boost for its Coburn heavy mineral sands project in Western Australia in the form of a Northern Australia Infrastructure Facility (NAIF) loan.

The Australian Government has injected $125 million into expanding Geoscience Australia’s Exploring for the Future minerals exploration program to strengthen the resources sector.

Australia’s Minister for Resources, Water and Northern Australia Keith Pitt has called on the Queensland Government to stop delaying and immediately approve the expansion of the New Acland coal mine.

Australia has inked an agreement with India to supply critical minerals needed for the new energy economy.

Pembroke Resources has received a mine approval from Australia’s environmental and government authorities for the Olive Downs coal project in Moranbah, Queensland.

Solid growth in mineral exports during March has guided Australia’s trade surplus to a record $10.6 billion in seasonally adjusted terms.

Australia has continued to zoom in on the growth of the critical minerals markets amid the coronavirus pandemic.

The Australian Government has continued to work with state and territory ministers and the resources sector to ensure critical projects keep operating during the coronavirus pandemic.

Minister for Resources, Water and Northern Australia Keith Pitt has said a Productivity Commission report draft is a “timely reminder” that governments must remove unnecessary barriers to the sector’s growth.