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17.11.2020 (752 Clicks)

Hochtief listed in Dow Jones Sustainability Index for the 15th Time

Inclusion recognizes Hochtief’s focus on sustainability

13.11.2020 (1538 Clicks)

Coffey's Senior Consultant awarded Peter Nicol Career Achievement Memorial Medal

Dr Harry Poulos awarded the Peter Nicol Russell Career Achievement Memorial Medal. Coffey’s senior consultant Professor Harry Poulos AM has been recognised for his remarkable contribution to the field of engineering.

12.11.2020 (641 Clicks)

Anglo American adds low Emission Fleet to global Shipping Operations

Anglo American announces the award of a ten-year charter contract for four LNG fuelled capesize+ vessels, introducing LNG into its chartered fleet for the first time. The new build LNG vessels offer significant environmental benefits, including a c.35% cut in CO₂ emissions compared to standard marine fuel, while also using new technology to eliminate the release of unburnt methane, or so-called “methane slip”.

Peter Whitcutt, CEO of Anglo American’s Marketing business, said: “Anglo American is committed to reducing emissions from its ocean freight operations and to playing a leading role in shaping a more sustainable future for the maritime industry. Today’s agreement is aligned with Anglo American’s goal to be carbon neutral across our operations by 2040 – as we work to reduce emissions not only at our production sites but also along our entire value chain – and builds on our track record of implementing concrete actions to deliver on the targets set by the International Maritime Organisation’s 2018 strategy.

“LNG is a readily available, commercially viable, lower emission solution which, combined with innovative technology designed to eliminate unburnt methane, will allow these new builds to provide a much improved environmental and more efficient performance.”

LNG marine fuel offers significant environmental advantages over heavy fuel oil – the most widely used fuel by vessels operating along sea trade routes – and is abundantly available through an established global network of existing infrastructure. Compared to conventional fuel options, the use of LNG eliminates sulphur oxides, considerably reduces nitrogen oxides and particulate matter from vessel exhausts and cuts CO2 emissions by approximately 35%.

Designed to be larger than, but remain as flexible as, a conventional capesize vessel, the new builds will optimise cargo transport by increasing load and improving overall cost effectiveness. U-Ming Marine Transport will own the newly designed 190,000-deadweight tonne LNG fuelled bulk carriers. The fleet will be built by Shanghai Waigaoqiao Shipbuilding in China and is expected to be delivered in 2023.

The fleet is expected to carry up to five million tonnes of product per annum, transporting iron ore from Anglo American’s operations in Brazil and South Africa to the company’s global customer base. The new builds will be flagged and registered in Singapore, which will also serve as prime bunkering port, thereby avoiding deviations from trading routes for refuelling purposes.

Shaping a more sustainable future for the maritime industry

Earlier in October 2020, Anglo American was among the founding signatories of the Sea Cargo Charter – created by some of the world’s largest energy, agriculture, mining, and commodity trading companies, with the aim of establishing a standard methodology and reporting framework to allow charterers to measure and align their emissions from ocean transportation activities.

In September 2019, Anglo American joined the Getting to Zero Coalition, an alliance committed to getting commercially viable deep sea zero emission vessels powered by zero emission fuels into operation by 2030.

Anglo American is also a partner of the Global Maritime Forum.

Source: Anglo American

                     

12.11.2020 (585 Clicks)

QRC welcomes new Resources Minister

The Queensland Resources Council has welcomed the appointment of Member for Townsville Scott Stewart as the new State Minister for Resources.

11.11.2020 (697 Clicks)

Strabag awarded two major Contracts for Flood Protection Dams in Oman

• Construction of two flood protection dams in the Muscat region
• Contract value of about € 165 million

10.11.2020 (648 Clicks)

Metso Outotec launches compact large-capacity primary Crusher for above and Underground Applications

Metso Outotec is launching an extension to it’s primary gyratory crusher range: The Superior MKIII 6275UG. The new crusher, which can be used in different types of applications, provides large capacity with significant savings in CAPEX and operating costs.

09.11.2020 (673 Clicks)

CSIRO and Partners take Aim at Ending Plastic Waste

CSIRO, Australia’s national science agency, is developing a major research program to tackle plastic waste and reimagine the future of plastics.

The Plastics Mission, one of 12 missions in development by CSIRO is using science and technology, to address Australia’s plastics waste issue.

Each year, 90 billion tonnes of primary materials are extracted and used globally for plastics. Only 9 per cent is recycled, with economic, social, environmental and health impacts. In Australia, we generate an estimated 67 million tonnes of waste every year.

09.11.2020 (619 Clicks)

Boliden and Luleå University of Technology enter into a Collaboration Agreement

Boliden and Luleå University of Technology are today entering in to a long-term strategic collaboration agreement. The new agreement means that collaboration will be enhanced in terms of competence provision and competence development, as well as research and innovation towards leading positions within automation and resource utilization.

09.11.2020 (674 Clicks)

QIC Investment in Dalrymple Bay Coal Terminal backs Resources

The Queensland Resources Council (QRC) welcomes the Queensland Investment Corporation’s (QIC) commitment to take a 9.9 per cent stake in the Dalrymple Bay Coal Terminal (DBCT) near Mackay.

06.11.2020 (599 Clicks)

BAM reports solid third Quarter and reiterates full year Outlook

First nine months 2020 trading update