Lynas is planning in 2023 to drastically ramp up its production of rare earth ores by opening a new processing plant in Western Australia in July, but the group’s ambitions might require a loosening of restrictions in Malaysia.
The federal government’s shock proposal to in effect seize control of the east coast gas market could scuttle the $18.4 billion takeover bid for Origin.
The oil and gas producer advised that payback on new oil and gas projects will be several years faster than for those in “new energy” areas such as hydrogen.
Twin commitments on the Scarborough LNG mega-project and a historic merger with BHP Petroleum are set to propel Woodside into the major league in global oil and gas.
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