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The Latest Breaking News from Madeleine King

Federal Treasury secretary Stephen Kennedy recommends government intervene in energy market to drop power prices

The federal government's chief economic advisor endorses market intervention to cap or reduce coal and gas prices, warning unusually high company profits are coming at the expense of poorer Australians.

ABC News

Federal government approves ERA request to drawn down $56.8 million from Ranger uranium mine security bond

Cash-strapped miner Energy Resources of Australia says the federal government has agreed to release almost $60 million from the security bond meant to ensure the mine site is rehabilitated.

ABC News

Australia asks miners to back referendum on Indigenous rights

Australia on Thursday urged its multi-billion dollar mining industry to support the government's plans for a referendum to give the country's Indigenous people a voice in parliament.

Reuters

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No net zero without mining, industry says

Australian mining expertise and minerals are in demand in a world hungry for energy as executives gather for their biggest conference since the pandemic.

AAP

Breaking China’s grip on rare-earths markets a ‘pipe dream,’ Australia says

Australia’s resources minister said it was a “pipe dream” that Western countries could soon end their reliance on China for rare earths and critical minerals — vital for the defense, aerospace and automotive industries — due to the Asian powerhouse’s existing grip on global markets.

Tribune News Service

US sending nuclear-capable B-52s to the Northern Territory will not heighten risks for local communities, ministers insist

Analysts say the future rotation of the B-52s in the Top End is a deliberate "step up", designed to deter China’s ambitions in the Indo-Pacific region, but federal and territory ministers say it will not put the Northern Territory at greater risk.

ABC News

Resources Minister says Labor stands behind coal projects on road to zero emissions

Resources Minister faces protesters before addressing Hunter Coal Festival lunch

Newcastle Herald

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Protesters have minister in their sights at Hunter coal lunch

Hunter environment groups will protest at a Hunter mining leaders lunch in Singleton Friday, which will be attended by federal resources minister Madeleine King.

Newcastle Herald

Government to subsidise miners to extract critical minerals

The Albanese government has unveiled plans to subsidise mining projects for critical minerals like lithium to accelerate green industry.

The New Daily

Concerns in outback SA grow as federal government plans to store defence waste at Kimba dump

The federal government is facing questions over how it will dispose of highly-radioactive waste produced by Australia's future nuclear-powered submarine fleet, as concerns about a controversial nuclear dump in outback South Australia grow.

ABC News

Australia’s nuclear waste is growing as battle over dump site heats up

Government says nuclear waste cannot continue to build up and it will work with traditional custodians of proposed Kimba site

The Guardian - AU

Grattan on Friday: Government must find a way to force gas prices down – but how?

Senior ministers this week have dramatically raised the stakes in the Albanese government’s face-off with gas producers, amid escalating energy prices and dire warnings of worse to come. The question now is: how does the government follow through with effective action to match the rhetoric?

The Conversation

Minister takes angry swipe at gas companies as pressure builds for action

A minister has joined calls for curbs on 'insane' power prices by angrily comparing gas companies to a swam of locusts.

The New Daily

AWU pans federal Labor over 'dud handshake deal' with gas producers as it warns of jobs catastrophe

A major union takes aim at the federal government over its gas policy, accusing Labor of risking jobs through a "dud handshake agreement" with exporters.

ABC News

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AAP

More pressure for gas prices to drop

Resources Minister Madeleine King says the government will look for further levers to pull to ease gas costs if negotiated supply doesn't see a drop in prices.

The Guardian - AU

Extinction Rebellion protesters glue hands to prized Picasso – as it happened

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The Guardian - AU

Labor’s deal with gas exporters will lock in high prices, consumer groups say

Agreement raises concerns transition to lower emissions energy sector will be harder and more expensive

AAP

Federal loan for contentious WA urea plant

A $220 million federal government loan will fast-track development of a urea plant in Western Australia amid concerns about its impact on rock art.

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ABC News

Government reaches agreement with gas producers to cover shortfall, avoids pulling 'gas trigger'

Resources Minister Madeleine King says she does not need to pull the so-called "gas trigger" and restrict gas exports after producers agreed to provide additional gas to avoid a shortfall on the east coast next year.

The Guardian - AU

Australian government strikes deal with gas suppliers to avoid winter shortfall

Federal resources minister Madeleine King says agreement with three big exporters will ensure security of supply and avoid need for ‘gas trigger’

AAP

Agreement reached on domestic gas supply

The federal government and gas exporters have struck a new heads of agreement to ensure domestic supply of gas to the market for 2023.

The Guardian - AU

Gas exporters and government yet to agree deal to secure east coast Australia supply

Analyst says lack of unity ‘like a case of brinkmanship’ ahead of decision on activation of gas trigger

AAP

Grants ramp up critical minerals projects

Critical minerals projects will share $50 million in federal grants as Australia aims to exploit vast reserves and become a major global supplier.

ABC News

Energy Resources Australia expected to be granted more time to rehabilitate former uranium mine in Kakadu

The federal government has introduced a bill to allow a mining operator more time to rehabilitate a decommissioned uranium mine near Kakadu National Park.

AAP

New laws back Rio Tinto on Kakadu blowout

Rio Tinto can miss the clean-up deadline on the decades-old Ranger uranium mine in the heart of the Kakadu under new laws introduced to federal parliament.

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