Jun 24, 2018 Last Updated 1:01 PM, Jun 14, 2018

New Entry From the Editor :

Australian billionaires Rinehart and Forrest put Atlas Iron in spotlight with share deals

Australian billionaires Rineha…

AusBN - Gina Rinehart’s Redstone Corporation has reportedly purchased...

Australian GDP growth rate hits two year high on increasing mining exports

Australian GDP growth rate hit…

AusBN - Australia’s GDP growth rate has reached a two year high of 3...

Fortescue to construct $1.7 billion mine as WA approaches fresh mining boom

Fortescue to construct $1.7 bi…

AusBN - Fortescue Metals Group has confirmed it will build a new large-scal...

100% renewable energy utility launched

solar australiaAusBN – A South Australian company has launched the country’s first 100% renewable energy utility, which will also free people from the national grid.

Zen Energy will use a combination of solar power generation, battery storage and localised energy grids to create self-sustaining communities that buy back the power they generate.

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Santos rejects $7bn takeover offer

santos logoAusBN – Oil and gas developer Santos has rejected a A$7.1 billion takeover offer, despite it representing a 26% premium on its share price at the time.

The offer came from Scepter Partners, a syndicate of wealthy investors including ruling families in Asia and the Middle East.

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NSW town to go 100% renewable

photovoltaiccellsAusBN – The town of Uralla in New South Wales plans to run on 100% renewable energy using a government-sponsored blueprint that could be adopted by other towns.

The blueprint is called the Zero Net Energy Town – the Uralla Case study, and outlines a two-stage process through which the town could go 100% renewable.

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