US demand for Austrian beef rises 75 percent as drought leaves US herd at lowest level since 1950s

The United States has an “insatiable appetite” for beef and is currently Australia’s biggest export market ahead of Japan and China. In the first half of this year, Australia exported 155,430 tonnes of beef to the US, up 75 percent from the same period last year and the highest since 2015. And it’s not just … Read more

Power-hungry data centers are scrambling to find enough power to meet demand

Briefly: Energy experts fear that the growing number of power-hungry data centers could make electricity more expensive. Data centers could consume up to 8 percent of network demand by 2030. What is expected next? Data center operators are turning to renewables to power new centers. Inside a vault of this data center is what looks … Read more

Core Lithum closes Northern Territory mine as it hopes for recovery in global prices

Briefly: Core Lithium suspended mining in January and has since processed all of its remaining reserves. Lithium prices have fallen by about 85 percent in the past 18 months. What is expected next? Lithium prices are not expected to recover in the short term, but demand is expected to increase in the long term. It’s … Read more