People & Workforce Jobs on the line as Yancoal announces Ashton closure Yancoal has announced mining operations at its Ashton coal mine in the Upper Hunter region of NSW will cease in early 2028.
Economics & Commodity Prices AEMO flags WA coal exit by 2031 WA’s main power system is forecast to have enough capacity to meet demand until FY29, but further investment will be needed as coal-fired generation exits the system, according to the Australian Energy Market Operator (AEMO).
People & Workforce Fortescue needs 1 in 21 WA electricians for decarb plans Fortescue (ASX: FMG) has opened its new Power Up Training Centre in Perth, WA, to train the workforce needed to electrify its Pilbara operations.
Projects & Operations Alcoa buys South32 assets for $8.1b Alcoa (ASX: AAI) will acquire South32’s (ASX: S32) aluminium value chain assets for about $8.1b (US$5.6b).
Procurement & Suppliers Vanadium producer secured for Queensland processing facility Vecco Group has signed on as the foundation customer for the Queensland Resources Common User Facility (QRCUF) to validate its vanadium production processes.
Projects & Operations Fortescue hits new shipment record Fortescue (ASX: FMG) has shipped 200mt of iron ore in a single year for the first time in its history.
Politics & Regulation Queensland to review sector financing scheme The Queensland Government will undertake a targeted review of the state’s financial provisioning scheme to better balance investment and financial rehabilitation risk in the resources sector.
Projects & Operations Queensland drops Evolution’s $6b pumped hydro plan Evolution Mining’s (ASX: EVN) Mt Rawdon pumped hydro project will not be progressed following a review of Queensland’s pumped hydro options by QIC.
