RENEWABLE ENERGY SOURCES – WESTERN AUSTRALIA

Glencore walks away from taxpayer-funded clean energy pivot

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Original article by Peter Ker
The Australian Financial Review – Page: Online : 29-Oct-25

Anglo-Swiss miner Glencore has advised that it will not proceed with a proposed renewable energy and battery hub at its Murrin Murrin nickel mine and refinery in Western Australia. Glencore had received a $35m grant from the federal government’s Powering the Regions Fund to help finance the development of an 849-hectare renewables hub at Murrin Murrin, which currently operates its own gas-fired power station. A spokesman for Glencore says it decided to cancel the onsite hybrid renewable energy project due to a range of macroeconomic and cost factors. Glencore and the government have agreed to mutually terminate the grant.

CORPORATES
GLENCORE PLC

Slow approvals a barrier to next Australian mining boom: report

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Original article by Tom Rabe
The Australian Financial Review – Page: 7 : 13-Aug-24

A Climate Energy Finance report has stated that Australia has the potential to double its iron export value to $250 billion by producing green iron, but that its potential is being hampered by slow environmental approval processes. The report urges Australia to follow the lead of Europe and introduce "overriding public interest principles" into environmental approvals processes, stating this would help to fast track the renewable energy infrastructure that is viewed as critical to the development of a green steel industry in Western Australia’s north-west.

CORPORATES
CLIMATE ENERGY FINANCE

Fortescue plans huge wind and solar farm

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Original article by Nick Evans
The Australian – Page: 18 : 10-Feb-22

Fortescue Metals Group’s clean energy arm has revealed plans to build a wind and solar energy farm to provide renewable energy for the Eliwana iron ore mine in the Pilbara. The proposed renewable energy hub will be partially built on the Uaroo pastoral station, which is owned by a subsidiary of Andrew Forrest’s private investment arm, Tattarang. Fortescue Future Industries plans to commence work on the project as soon as it receives environmental approval from the Western Australian government.

CORPORATES
FORTESCUE FUTURE INDUSTRIES PTY LTD, FORTESCUE METALS GROUP LIMITED – ASX FMG, TATTARANG PTY LTD