ENERGY SECURITY – SOUTH AUSTRALIA

Power a risk for Olympic game plan

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Original article by Michael Owen
The Australian – Page: 8 : 2-Nov-16

Mike Henry, the head of BHP Billiton’s iron ore and coal operations in Australia, says the resources giant will not proceed with an open-cut expansion of its Olympic Dam mine in South Australia. He adds that BHP may expand the existing underground mine, but he cautions that any further investment may be affected by uncertainty regarding the state’s electricity supply and the cost of electricity. Production at Olympic Dam was disrupted by the state-wide power outage in September 2016.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, ELECTRANET SA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Arrium pushes to free itself from state grid

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Original article by Sid Maher
The Australian – Page: 6 : 5-Oct-16

The Whyalla steelworks could become energy self-sufficient if plans put forward by Arrium’s administrator Mark Korda come to fruition. Full power has yet to be restored to the steelworks and Arrium’s iron ore mining operations following South Australia’s state-wide power outage. Korda is holding talks with the State Government and the Clean Energy Finance Corporation about financing to convert the steelworks’ energy supply to a combination of natural gas and its own waste gases.

CORPORATES
ARRIUM LIMITED – ASX ARI, KORDA MENTHA AND COLLEAGUES PTY LTD, AUSTRALIA. CLEAN ENERGY FINANCE CORPORATION, AUSTRALIAN WORKERS’ UNION-FEDERATION OF INDUSTRIAL, MANUFACTURING AND ENGINEERING EMPLOYEES