Energy & Natural Resources

Rio Tinto's struggling Tomago Aluminium Company has lost a challenge to a $52 million valuation of the land occupied by its Hunter Valley smelter, despite arguing the sum was too high in light of electricity costs and the limited pool of notional buyers.

A court has signed off on Someva Renewables' plan to build 62 wind turbines just outside of Hanging Rock following what the company called 18 months of "unnecessary" opposition from a local council that did little to alter the project. 

Parliament has rushed through legislation doubling penalties against petrol companies for pricing misconduct to $100 million, as prices skyrocket due to the ongoing conflict in the Middle East. 

Alinta Energy has secured a long-term power purchase agreement with the state of Western Australia for what will be the state's largest wind farm.

A judge has fined Queensland mining equipment company Qteq $5 million and chair Simon Ashton a record $1 million for attempting to engage in cartel conduct.

The federal government has proposed doubling penalties against petrol companies for pricing misconduct to $100 million, as conflict in the Middle East causes prices to skyrocket.

The federal and Queensland governments will hand over $2 million to Rio Tinto to support its Boyne aluminium smelter in return for the mining giant investing $7.5 billion in clean energy projects within the state.

Singapore renewables company Vena Group has signed a $200 million long-term battery storage agreement with Danish energy trading company InCommodities for the Bellambi Heights battery energy storage system in central west New South Wales. 

After a win in their spat over the sale of Brazil's Santa Rita nickel mine, two Australian companies who held all shares in the mine's owner, Atlantic Nickel, may seek costs against Omni Bridgeway and Balance REV, the litigation funders of the loser in the case.

The competition regulator has launched an investigation into allegations of possible anti-competitive conduct by four major fuel suppliers amid upheaval in global oil markets arising from the war in Iran.