Santos' decommissioning liability matches a quarter of its $22b value, but its disclosures to investors fared poorly against the latest accounting standards, according to an international survey.
Australia's biggest oil and gas producer has posted record production and cut costs, but weak fossil fuel prices have weighed on profits
Investors beware: after spending more than $40 million in the Canning Basin, the US-owned company's continued pursuit of remote gas appears to be throwing good money after bad.
Gallium is used in many modern technologies, including semiconductors, LEDs and defence applications. Often extracted as a byproduct of producing alumina from bauxite, it is classified as a critical mineral by Western countries.
Extraction of the critical mineral found in the waste from making alumina from bauxite could curb China's 98 per cent share of global production.
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