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17.02.2022 (241 Clicks)

New Funding for Qld Exploration will boost local Discoveries: Qld Exploration Council

Queensland’s critical minerals industry is at the forefront of significant development with a further boost of $2.5million in grants announced by Resources Minister Scott Stewart.

The Queensland Exploration Council (QEC) has welcomed the news and congratulates the 13 local exploration companies awarded a share in the funding through the State Government’s Collaborative Exploration Initiative (CEI).

QEC Chair Kim Wainwright said it was another feather in the cap for Queensland’s critical minerals industry, which continues to flourish and receive incentives and encouragement.

“Through announcements like the CEI today providing $2.5 million of pivotal funding for minerals and gold explorers, these small Queensland explorations companies feel more supported than ever before,” Ms Wainwright said. 'This comes off the back of the fantastic news in November last year, when vanadium explorers received essential funding of $15million for a common user facility to get their industry up and running. Queensland is closer than ever to becoming one of the world’s biggest exporters of the critical minerals needed to create and power the technologies our future generations will demand.”

Ms Wainwright said a recent QEC explorer sentiment survey, the Queensland Exploration Scorecard 2021, clearly showed a new wave of confidence towards attracting investment capital, particularly for minerals projects.

“We already know a majority of Queensland explorers are more confident than ever about getting their projects off the ground with investment capital,” she said. “What’s also promising is that the Scorecard identified a third of our explorers have forecasted exploration expenditure to increase by more than 25% this financial year. Expenditure data from the ABS for the previous 12 months to June 2021 showed a staggering 43% increase in gold exploration expenditure and 20% increase in copper exploration spending. The proof is all here. Grants like the CEI from the Queensland Government, increased exploration spending and confidence towards investment capital are exactly why Queensland’s critical minerals industry is on track to accelerate!”

Source: QRC

                     

17.02.2022 (285 Clicks)

Fugro’s Geo-data keeps Roads Infrastructure safe in Colorado

The Colorado Department of Transportation (CDOT) has awarded Fugro a 4-year contract to perform pavement condition and right-of-way imagery for approximately 13,000 lane miles of state roads annually.

17.02.2022 (282 Clicks)

Sydney Metro: Central Station Works Update

The largest escalators in the southern hemisphere have been installed at Central Station as part of Sydney Metro’s transformation of Australia’s busiest railway station.

17.02.2022 (350 Clicks)

Increase Sustainability in Hydraulic Applications with Lubrication Management and Counter Surface Technology

Trelleborg Sealing Solutions is a leader in fluid power sealing, pushing the capabilities of sealing technology for hydraulics to enhance performance, while making fluid power applications more sustainable.

16.02.2022 (268 Clicks)

More efficient and sustainable: Continental plans to invest in Steel Cord Conveyor Belt Production in Brazil

Continental plans to significantly expand its capacities in Brazil with an investment of 25 million euro (more than 160 million Brazilian Real).

16.02.2022 (272 Clicks)

EU-funded Project: Nordic Iron Ore AB (NIO) to improve Exploration Technology and Knowledge of local Mineral Resources

The ERA-MIN 3 Project, FUTURE, will shape high-tech mineral exploration solutions through a focused European and South African partnership.

15.02.2022 (305 Clicks)

Green Light for Project to trial low Carbon Energy Network Resilience on Skye

The Resilience as a Service (RaaS) project, led by Scottish and Southern Electricity Networks (SSEN) Distribution, Costain and E.ON, welcomes the positive decision to progress the development of a pilot scheme to improve energy resilience in remote and rural areas through the use of battery storage technology together with local energy resources.

15.02.2022 (346 Clicks)

French President Macron supports The Ocean Race’s Relay4Nature Initiative at the One Ocean Summit

Relay4Nature, an initiative highlighting the inseparable connectivity of the issues affecting the planet and the collaborative solutions that are needed, featured in the closing moments of the One Ocean Summit in France, where it was passed from French President Emmanuel Macron to the President of Portugal Marcelo Rebelo de Sousa.

15.02.2022 (299 Clicks)

Outokumpu receives the highest Platinum Level Sustainability Recognition from EcoVadis

Outokumpu has received the highest Platinum level recognition for the second year in a row from the sustainability rating platform EcoVadis. The Platinum level rating indicates that Outokumpu is among the top 1% of the over 85,000 companies evaluated.

15.02.2022 (272 Clicks)

Allu appoints new Operations Director for China

Allu introduces Pierre-Emmanuel Bujes, the New Operations Director for China.