Industry News

CLYDE RUSSELL: Mend mining’s image to attract new entrants to industry

Views : 170
Update time : 2022-11-03 19:57:41

Sydney — One of the unintended side effects of Russia’s invasion of Ukraine is that it is helping drive an accelerated transition to renewable energy solutions in Australia’s vast resources sector.

Diesel prices are close to record highs in Australian dollar terms, and unlikely to ease soon given shortages of the transport fuel created by Europe’s decision to move away from Russian supplies as part of efforts to punish Moscow for its attack on its neighbour that began on February 24.

Diesel has been the dominant source of power for Australia’s mines, which are often located in remote areas and not connected to major power grids. Australia is the world’s largest exporter of iron ore, lithium, gold and coking coal, and ranks second in thermal coal, fifth in copper. it is also a major shipper of nickel and alumina, the base material for aluminium.

Related News
Read More >>
FORNNAX reaches new heights with groundbreaking ceremony for one of the largest manufacturing facility FORNNAX reaches new heights with groundbreaking ceremony for one of the largest manufacturing facility
Mar .07.2025
FORNNAX reaches new heights with groundbreaking ceremony for one of the largest manufacturing facility
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
Mar .07.2025
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
Efficient power transmission with Diamond Power Infrastructure’s AL 59 wire rods Efficient power transmission with Diamond Power Infrastructure’s AL 59 wire rods
Mar .07.2025
Efficient power transmission with Diamond Power Infrastructure’s AL 59 wire rods
Here’s what GIADEC’s new CEO thinks about Ghana’s integrated aluminium industry and the impact of the bauxite export ban Here’s what GIADEC’s new CEO thinks about Ghana’s integrated aluminium industry and the impact of the bauxite export ban
Mar .07.2025
Here’s what GIADEC’s new CEO thinks about Ghana’s integrated aluminium industry and the impact of the bauxite export ban