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Australia's two major mining giants cooperate to test electric mining trucks to pave the way for the 2050 net zero target
① Rio Tinto, a major Australian mining company, announced cooperation with BHP Billiton Group to test large-scale electric transport truck technology in the Pilbara region of Western Australia; ② This test will evaluate the performance and productivity of electric trucks in the Pilbara mining environment; ③ The move aims to achieve the goal of the two companies to achieve net zero greenhouse gas emissions from operations by 2050.
Australian Inflation Moderates, Wage Stable in May, Says Melbourne Institute Survey
Inflation expectations in Australia slid 0.5 of a percentage point to 4.1% in May, according to the Melbourne Institute Survey of Consumer Inflationary Expectations released Thursday. The recent figur
Energy giant warns: Australia may face gas shortages before 2030
① Earlier this month, the Australian Government released a long-term plan called the “Future Gas Strategy”, which emphasizes that natural gas will play an important role during the energy transition; ② CEO Woodside warned that if the government does not act, the east coast of Australia will face a gas shortage by 2028, and the west coast will face a shortage in 2030.
Chile Needs Permitting Reforms to Boost Mining Investment, BHP and Rio Execs Say
Chile's government must quickly approve a proposal to streamline permitting for the mining industry in order to unlock investment in the world's top copper-producing country, BHP (NYSE:BHP) President Americas Brandon Craig said Tuesday.
Amazon, Super Micro Comp., and Goodman Group Among Largest Buys by Notional - UBS
Australian energy giant: Global LNG demand will increase by 50% in the next 10 years
① Australian energy giant Woodside (Woodside) said that global liquefied natural gas (LNG) consumption is expected to increase by 50% in the next 10 years, and the company is considering further expanding its business; ② Australia is one of the world's largest LNG exporters, and Woodside is the country's largest LNG exporter.