aluminuminvesting
The Grattan Institute, a think tank that focuses on Australian domestic public policy, has published a paper on how Australia should “use the next decade to create a foothold in the emerging green steel market.” Written by Tony Wood and Alison Reeve, the study was made available to the public on Tuesday (July 16). The premise of the paper is that Australia has a huge opportunity to take the lead in clean energy. The authors argue that transforming the production of essential commodities such as steel, aluminium and even hydrogen into low-emission alternatives can lead to export growth, job cre...
Investing News Network
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) has implemented force majeure for alumina exports from its refineries in Queensland, Australia, due to prolonged disruptions in gas supply, according to media reports. The notice, which affects third-party alumina sales, is the company's response to ongoing limitations in gas availability due to damage to a Queensland pipeline; it was caused by fires, which led to restricted gas flow. The expected timeline for restoring full gas flow capacity has been extended to the latter half of 2024. Rio Tinto’s Yarwun refinery and Queensland Alumina will continue to op...
Investing News Network
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