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Tag - FUNDING

CPB Contractors

$5B North Qld project secures funding

One of Queensland’s largest developments received a welcome cash injection. The State Government recently approved $1.3 billion in funding for CuString’s CopperString 2.0 High Voltage...

Lady Loretta mine

Qld mine workers receive $50M after proponent exits

Resources employees affected by an operational shutdown will be eligible for government assistance. The Department of State Development, Infrastructure, Local Government and Planning recently...

Glencore coal mine

Resources giant shifts new coal production offshore

A mining multinational will prioritise overseas fossil fuel projects over new Australian developments. Glencore recently shifted its focus away from new domestic coal developments towards more...

Coal mining QRC

Qld coal will be phased out by 2035 says authority

In a little over a decade the Sunshine State will abandon at least one fossil fuel. The Queensland Government announced a new energy and jobs plan to stop coal dependance and transition towards...

Rio Tinto mine workers

Mining giant secures funding for new $2B project

A foreign entity will help cover the cost of a proposed $2 billion resources development. State-run China Baowu Steel Group (CBSG) recently formed a joint venture (JV) with Rio Tinto to support its...

BHP terminal

Mining giant approves automating large machines

A multinational resources company will invest in autonomous bulk material handling solutions. BHP recently committed $50 million towards automating eight shiploaders by 2023. Two “world...

Junior Minerals

$100 million funding for junior miners

The Coalition Government will contribute a further $100 million to extend the Junior Minerals Exploration Incentive (JMEI) for four more years. Extension of the JMEI program will help to ensure jobs...