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Rio Tinto and Sumitomo Corporation Set to Build Innovative Hydrogen Plant in Queensland — ASX:RIO| ASX Mining News & Discussion
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Lykeshares Official
$RIO Rio Tinto and Sumitomo Corporation Set to Build Innovative Hydrogen Plant in Queensland
The collaboration between Rio Tinto and Sumitomo Corporation has reached an exciting milestone as plans for a groundbreaking hydrogen plant in Gladstone, Queensland have been announced. The initiative, known as the Yarwun Hydrogen Calcination Pilot Demonstration Program, aims to reduce carbon emissions from the alumina refining process through the use of hydrogen. The project has received a co-funding boost of $32.1 million from the Australian Renewable Energy Agency (ARENA), propelling it forward.

The $111.1 million program will focus on showcasing the viability of utilising hydrogen in the calcination process, which involves heating hydrated alumina to temperatures of up to 1,000 degrees Celsius. With the construction of a hydrogen plant at the Gladstone refinery and the retrofitting of refinery processing equipment, this first-of-a-kind program aims to establish the practical implementation of hydrogen technology in alumina refining on a larger scale.

The financial support from ARENA has been instrumental in giving the green light ...
Rio Tinto and Sumitomo Corporation Set to Build Innovative Hydrogen Plant in Queensland

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?