Russian aluminium company Rusal has revealed that it will not invest in a planned $A400 million gas-fired power plant at the refinery of Queensland Alumina Limited (QAL). QAL is a joint venture with Rio Tinto,...
AGL Energy's recent decision to move to full ownership of Victoria's Loy Yang A power station is a shrewd one. Not only is Loy Yang one of Australia's lowest-cost power generators, but AGL will receive significant compensation under the Australian Government's carbon tax assistance package. AGL's purchase of Loy Yang includes the mine from which it gets the brown coal that fires its generators.
The Mozambican government is urging the Brazilian mining giant Vale to sell on the local stock exchange (BMV) 10 percent of its venture in Moatize in the northwestern province of Tete.
