Alcoa flags 'pretty aggressive' cost cuts at alumina refineries
Alcoa chief executive Bill Oplinger told Wall Street the US aluminium specialist could take strong action to boost profits from alumina, most of which it refines in Western Australia.
The green light for Black Mountain Energy comes just months after Federal experts said its environmental risk assessment was "limited and disjointed" and reached "largely unsupported" conclusions.
An independent review found Black Mountain conducted a "limited and disjointed" assessment that came to "largely unsupported" conclusions.
Black Mountain's conclusion that its drilling will not affect water resources is without foundation, and threatened species and National Heritage are at risk, according to the Federal environment department.
A company with less than $5 million in the bank and a boss who lives in the US will soon get a red or green light from WA's environment watchdog.
Andrew Forrest's Squadron Energy is pulling out of plans to frack the Kimberley for gas citing climate concerns, but the minor partner may continue the work.
Black Mountain expects the McGowan Government to soon waive its gas export ban but fracking the gas must wait for two years of environmental studies.
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