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jdsupra.com November 22, 2021

Key Energy Provisions In Biden Administration $1.2T Infrastructure Investment And Jobs Act | Pierce Atwood Llp

On November 15, 2021, President Biden signed into law the $1.2 trillion Infrastructure Investment and Jobs Act. The Act earlier passed both Houses on a bipartisan basis. In conjunction with its passage, President Biden issued an Executive Order outlining the Administration's priorities for dispersing monies from the infrastructure law, and establishing a task force that will coordinate the law's implementation among federal agencies and state, local, and tribal governments. The task force will...By: Pierce Atwood LLP.
Read by 68% of LPs

financemagnates.com November 22, 2021

Btc Mining Firm Griid Receives $525M Credit Facility From Blockchain.com

The company aims to expand its operations through the four-year term credit facility. : A vertically integrated BTC self-miner, GRIID Infrastructure announced today that it has secured a credit facility worth $525 million from blockchain.com, one of the world's most valuable cryptocurrency firms. The four-year term credit facility will help GRIID in the extension of its mining capabilities. The BTC mining platform is planning to increase its capacity significantly through the latest funding. Founded in 2018, GRIID is an American infrastructure company based in Cincinnati.
Read by 65% of LPs

jdsupra.com November 18, 2021

Key Energy Provisions In Biden Administration's $1.2T Infrastructure Investment And Jobs Act | Pierce Atwood Llp

On November 15, 2021, President Biden signed into law the $1.2 trillion Infrastructure Investment and Jobs Act. The Act earlier passed both Houses on a bipartisan basis. In conjunction with its passage, President Biden issued an Executive Order outlining the Administration's priorities for dispersing monies from the infrastructure law, and establishing a task force that will coordinate the law's implementation among federal agencies and state, local, and tribal governments. The task force will...By: Pierce Atwood LLP.
Read by 71% of LPs

abc.net.au November 17, 2021

Australian Company To Buy Major Queensland Mine For $1B Signalling 'confidence In Local Industry' - Abc News

Australian mining company Evolution will spend $1 billion to purchase a major copper-gold mine off Swiss multinational Glencore. : Australian company to buy major Queensland mine for $1 billion signalling 'confidence in local industry' Australian mining company Evolution will spend $1 billion to buy a major copper-gold mine off Swiss multinational Glencore. The Ernest Henry Mine, in Queensland's North West Minerals Province, will be 100 per cent Australian-owned, indicating "growing confidence in this mining sector", according to industry analysts.
Read by 50% of LPs

business-live.co.uk November 15, 2021

South West Predicts Jobs Boost From Celtic Sea Energy Boom

Crown Estate plans to generate enough electricity to power four million homes by 2035 leading to hopes of a bonanza for region.
Read by 42% of LPs

abc.net.au November 14, 2021

A Renewable Energy Revolution Is Powering Australia's $720bn Mining And Resources Industry - Abc News

Australia's biggest mine site micro-grid heralds the winds of change blowing through the country's resources industry. : Along with a solar farm and a battery, five giant wind turbines are powering much of the operations at the Agnew gold project, about 1,000 kilometres north-east of Perth. It is the first resources project anywhere in Australia to have a wind farm, but it is unlikely to be the last. What's more, the mix of renewable energy sources to increasingly meet the needs of mines such as Agnew is set to be replicated across the country.
Read by 67% of LPs

channelnewsasia.com November 10, 2021

Crypto Boom Strains Kazakhstan's Coal-powered Energy Grid - Cna

ALMATY : Kazakhstan is struggling to meet the energy needs of its booming cryptocurrency mining industry, which is flourishing thanks to cheap power and an exodus of crypto miners from neighbouring China. The Central Asian nation of 19 million has become the world's second-biggest bitcoin mining location after the United States in recent months, according to the Cambridge Centre for Alternative Finance. Now the government is trying to decide how to tax and regulate the largely underground and foreign-owned industry, which has forced the former Soviet republic to import power and ration domestic supplies.
Read by 62% of LPs

channelnewsasia.com November 08, 2021

Sumitomo Metal Mining Doubles Annual Profit F'cast On Surging Metal Prices - Cna

FILE PHOTO: The logo of Sumitomo Metal Mining Co is pictured at the company's headquarters in Tokyo, Japan, September 13, 2018. REUTERS/Ritsuko Shimizu/File Photo TOKYO : Japan's Sumitomo Metal Mining Co Ltd more than doubled its annual profit forecast on Monday thanks to surging prices of copper and nickel as well as a one-off gain from selling its stake in the Sierra Gorda copper mine in Chile.
Read by 73% of LPs

brisbanetimes.com.au November 07, 2021

Bhp Sells Australian Coking Coal Mines To Stanmore Resources In $us1.2b Deal

BHP, the nation's largest mining company, has struck a deal to sell two Queensland coking coal mines to ASX-listed Stanmore Resources.
Read by 73% of LPs

brisbanetimes.com.au November 02, 2021

Australia's Next Mining Boom Could Be 'green' As Race To Net Zero Intensifies

Investors are betting the push away from fossil fuels to clean energy will drive a boom in demand for Australia's supplies of copper, nickel, lithium and cobalt.
Read by 59% of LPs