Innovation project subsidized by the German state of Lower Saxony
Innovation project subsidized by the German state of Lower Saxony
More than 60 percent of CEOs surveyed for a new report on Queensland’s resources sector are considering hydrogen-related business opportunities, with 10 percent already committed to hydrogen projects.
Queensland Resources Council (QRC) Chief Executive Ian Macfarlane said more than 30 percent of member CEOs who responded to a recent sentiment survey believe hydrogen will provide an opportunity to reduce emissions in their own business, and a further 30 percent think hydrogen could help grow their business.
Mr Macfarlane said the results published in the QRC’s latest State of the Sector report show resources companies are actively looking at new technologies such as hydrogen as a way to reduce emissions to address the challenge of climate change.
“While there is a way to go before green hydrogen can be considered a commercially viable energy source in Queensland, the research, development and commercialisation work underway is very promising,” he said. “The State Government’s decision to establish a Ministry for Hydrogen Industry Development and a Ministerial Energy Council also shows it’s serious about encouraging industry to invest in renewable technologies like hydrogen, so I think we’re all moving in the right direction. The QRC looks forward to sharing the strong interest of our members in hydrogen, as part of the energy mix, in our discussions with the Council. The good news for Queensland is that the unique ingredients that make our state a global minerals and energy powerhouse are ideally suited to support a thriving hydrogen export industry. Queensland has around 300 days of sunshine a year, we’re close to large export markets in Asia, and we have a proud history of co-existing with other regional industries. Queensland’s resource industry already has the essential skills base and strong safety culture that can drive the state’s hydrogen sector forward on a large scale.”
Mr Macfarlane said research into how to safely and economically add hydrogen into the global energy mix is well underway, with mining companies already heavily involved in trialling hydrogen for industrial use.
Current projects involving QRC member companies include:
Mr Macfarlane said the latest State of the Sector report highlighted the continuing resilience and adaptability of Queensland’s resources industry in the face of the global pandemic.
“In spite of all the challenges we’ve faced, mining and gas jobs in Queensland increased by 15 percent over the 12 months to February 2021 according to the latest Australian Bureau of Statistics’ figures, which means jobs supported by our state’s resources sector would now be well over 420,000,” he said. “24 percent of our CEOs are also planning to increase employment at their Queensland operations over the next 12 months, with half expecting to increase their workforce by more than 25 percent. This is a huge vote of confidence in our sector which benefits every Queenslander through a stronger state economy and more jobs.”
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.
Volvo Group and SSAB have signed a collaboration agreement on research, development, serial production and commercialization of the world’s first vehicles to be made of fossil-free steel. Volvo plans already this year to start the production of concept vehicles and components from steel made by SSAB using hydrogen.
Metso Outotec has completed the divestment of its Aluminium business to REEL International, headquartered in France.
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.
After having dramatically ramped up exploration activities, LKAB can now present the positive result: significant phosphorus mineral resources. “With a circular business model, we have the potential to supply European farmers with fossil-free and cadmium-free phosphorus mineral fertiliser, and the cleantech industry with rare earth elements” says Leif Boström, Senior Vice President Business Area Special Products, LKAB.
A quarterly report into the performance of Queensland’s resources sector due for release mid-April will show Queenslanders can continue to rely on resources to help the state recover from Covid-19.
Metso Outotec has won an order from a Chinese copper producer to deliver tankhouse material handling equipment for the expansion of a copper electro refinery in China. The order value, which has been booked in Metals Q1/2021 orders received, is not disclosed.
The Queensland resources sector has again defied the Covid-19 global pandemic by adding 10,259 jobs – or more than one extra job every hour – over the 12 months to February this year, according to Australian Bureau of Statistics (ABS) data released today.
The Action Plan for Critical Raw Materials presented by the European Commission in September 2020 is subject to an opinion which will be discussed by local and regional leaders during the plenary of the European Committee of the Regions (CoR) on 18 March. Many European key industries, especially those involved in future-oriented technologies, are highly dependent on critical raw materials, a majority of which are imported from non-EU countries.
As a result of increased sick leave related to covid-19 together with production disruptions in both the Aitik mine in Sweden and the Tara mine in Ireland, operating profit in the Business Area Mines is estimated to be negatively affected by close to SEK 200 m during the first quarter.
Queensland Resources Council (QRC) Chief Executive Ian Macfarlane today congratulated Queensland’s 2021 Exceptional Woman in Resources winner Maryann Wipaki and Exceptional Young Woman in Resources winner Ashleigh Turner on their outstanding contributions to the state’s resources sector.
Metso Outotec has completed the reorganization of its Metals business as part of the turnaround program announced in Q4/2020. As a result, the segment’s operational model has been adjusted to better meet customer needs, as well as the scale and nature of the business today.
At the end of 2020, LOESCHE received the order to supply a raw material grinding plant to the Lafarge cement plant Mannersdorf in Austria.
The adventures of Indiana Jones have nothing on Queensland’s current crop of intrepid explorers, who are literally going to the far ends of the state’s north and north-west to discover the critical minerals needed to lower world carbon emissions.
The Mineral Resources and Mineral Reserves situation in Aitik, Garpenberg and Kevitsa is stable. During the year, exploration continued to be successful at the Tara Deep mineralization and Mineral Resources in the Boliden Area increased as a result of exploration at the Rävliden deposit.
The mining machinery industry in Germany expects a decline in sales of 10 to 15 percent in 2020. Nevertheless, the industry is optimistic about the future, because only state-of-the-art mining technology will be able to ensure the raw materials needed for climate protection and digitization.
Fugro has used the survey vessel Edda Sun to deliver an inspection, repair and maintenance (IRM) project for Corrib, Ireland’s biggest natural gas field, on behalf of Vermilion Exploration and Production Ireland Limited (Vermilion).
Critical and economically significant metals, such as cobalt and nickel, can be recovered profitably from metal refining wastes as well as ores with lower than usual concentrations. This was demonstrated by an EU project coordinated by VTT, which developed new and combined existing recovery methods. Various stakeholders interested in using low-grade ores and waste can evaluate the valorization of raw-material streams with the webtool developed in the project.
By developing technology innovation and rethinking business models, a new EU-funded project hopes to improve the commercial viability of mining modest but high-grade critical raw mineral deposits across Europe.
GlobalData's mining technology writer Heidi Vella looks at the project.