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07.04.2021 (442 Clicks)

Implenia upgrades St. Gallen City Expressway as Part of Joint Venture

Switzerland’s Federal Roads Office (FEDRO) has awarded a contract for construction work on the St. Gallen city expressway, worth CHF 165.1 million, to the “Stadtautobahn” joint venture, in which Implenia has a 30% share.

07.04.2021 (481 Clicks)

Queensland Resources Sector a Hydrogen and Jobs Hot Spot

The Queensland Resources Council’s (QRC) latest State of the Sector report highlights the continuing adaptability and resilience of the state’s $82.6 billion resources industry, in spite of the impact of the global pandemic, Chief Executive Ian Macfarlane said today.

Mr Macfarlane said a survey of QRC member company CEOs in February 2021 showed resources companies are actively looking at new technologies such as hydrogen to reduce emissions and grow their business in a sustainable way.

“More than two-thirds of the CEOs surveyed said they were thinking about hydrogen-related opportunities, and 10 percent are already committed to projects involving hydrogen,” he said.

“In a clear sign hydrogen will play a role in Queensland’s response to the global challenge of climate change, 33 percent of CEOs believe hydrogen will provide an opportunity to reduce emissions in their own business, and a further 33 percent see hydrogen as an opportunity for growth.”

“The resources sector’s interest in hydrogen supports Premier Annastacia Palaszczuk’s decision to appoint a dedicated Hydrogen Industry Development Minister, Mick de Brenni following the State election last year.

“I’m also pleased to have been invited by Minister de Brenni to serve on the Ministerial Energy Council, which provides the resources sector with an opportunity to engage with the Government and other stakeholders in the critical area of energy policy.”

Mr Macfarlane said Australian Bureau of Statistics’ figures show Queensland mining and gas jobs increased by 15 percent over the 12 months to February 2021, indicating the number of jobs supported by the resources sector is now well over 420,000.

“Even better, 24 percent of the CEOs who responded to our survey said they planned to increase employment at their Queensland operations over the next 12 months, with half expecting to increase their workforce by more than 25 percent,” he said.

“This response from our CEOs is a huge vote of confidence in the resources sector which benefits every Queenslander through a stronger state economy and more jobs.”

Mr Macfarlane said maintaining a ‘people first’ approach to COVID-19 and following Chief Health Officer protocols has helped keep Queensland communities safe and allowed the resources sector to keep working, earning and employing its way through the pandemic.

“Resources companies are now also looking at how to best support the government’s state-wide vaccine roll-out to ensure people living and working in regional communities are vaccinated as soon as possible,” he said.

Three quarters of member CEOs who responded to the QRC survey said they will consider providing employees with information about vaccination benefits and risks; two-thirds will arrange for employees to be vaccinated voluntarily during work hours; and almost one in ten said they will consider incentivising employees to be vaccinated voluntarily.

For the sixth consecutive quarter, the QRC report found the number one area of concern keeping CEOs awake at night was the volatility of the global economy.

Sharing equal second place is concern about poor regulation including regulatory uncertainty, and problems raising capital, with the link between the Environmental, Social and Governance (ESG) performance of companies and their ability to capital-raise consistently raised as a major issue.

The QRC is Queensland’s peak representative body for coal, metal and gas explorers, producers and suppliers across the resources sector. It contributes one in every five dollars to the Queensland economy, sustains one in six Queensland jobs, supports more than 15,000 businesses and contributes to more than 1,200 community organisations across the state - all from 0.1 percent of Queensland’s land mass.

Source: QRC

                     

07.04.2021 (424 Clicks)

HYBRIT: SSAB, LKAB and Vattenfall building unique Pilot Project in Luleå for large-scale Hydrogen Storage investing a Quarter of a Billion Swedish Kronor

SSAB, LKAB and Vattenfall have commenced building a rock cavern storage facility for fossil-free hydrogen gas on a pilot scale next to HYBRIT’s pilot facility for direct reduction in Luleå, North of Sweden. This is an important step in the development of a fossil-free value chain for fossil-free steel. The investment cost of just over SEK 250 million (about 24 M €) is divided equally across the holding companies and the Swedish Energy Agency, which provides support via Industriklivet.

06.04.2021 (523 Clicks)

Continental expands General Tire portfolio for Earthmoving Industry

• The General TE95 provides continuous traction performance in road and construction applications
• V.ply technology and an optimized tire contour provide high stability
• Matching addition to the existing General Tire series

06.04.2021 (458 Clicks)

Production Capacity in Aitik and Tara restored

Production capacity in Aitik and Tara is now fully restored after previously announced disruptions due to covid-19 and breakdowns. Impact on operating profit in Business Area Mines is estimated to amount to SEK -300 million in Q1, compared with SEK -200 million that was previously communicated.

06.04.2021 (364 Clicks)

Metso Outotec completes Divestment of its Aluminium Business

Metso Outotec has completed the divestment of its Aluminium business to REEL International, headquartered in France.

05.04.2021 (384 Clicks)

BAM Nuttall begins Work on East Coast Mainline Station

BAM Nuttall began construction of the new Reston station in the Scottish Borders (24 March) on behalf of Network Rail.

05.04.2021 (368 Clicks)

Balfour Beatty secures Early Environment Works HS2 Contract

Balfour Beatty announced that it has been awarded a £52 million contract on behalf of HS2, to deliver environmental works across the route from West Midlands to Crewe. The contract has been awarded through the SCAPE Framework, to which the company was appointed as sole contractor in 2018.

05.04.2021 (392 Clicks)

Anglo American Collaboration on Feasibility Study for South Africa's Hydrogen Valleys

Anglo American announces a collaboration agreement to complete a feasibility study to develop a “hydrogen valley” anchored in the platinum group metals-rich Bushveld geological area in South Africa. Spearheaded by South Africa’s Department of Science and Innovation (DSI), the collaboration agreement also includes energy and services company Engie, the South African National Development Institute (SANEDI) and clean energy solutions provider Bambili Energy (Bambili).

01.04.2021 (378 Clicks)

Act now to secure the UK’s critical Materials Supply, say Birmingham Experts

The UK must act now to ensure a stable supply of technology-critical metals (TCMs) essential for its transition to clean energy and the delivery of its ten point plan for a green industrial revolution, according to a new Policy Commission report produced by the University of Birmingham.