Latest news with #carbonneutral
News24
9 hours ago
- Business
- News24
Watch: How Covid-19 inspired SA's first whiskey distilled from beer
Supplied Whiskey distilled from beer dates back to the 1990s but became popular after 2010. Reminisce makes SA the first African country to produce a whiskey of this kind. Darling Brew says it performed quality and safety checks on Reminisce. Carbon-neutral brewing has finally found its way to SA's shores as beer spoils from the Covid-19 pandemic have been distilled into craft whiskey. Reminisce, a limited-edition five-year-old malt whiskey distilled from beer, has hit Mzansi's market in a trailblazing move by Darling Brew. Carbon-neutral breweries are establishments that reduce or eliminate their carbon footprint by producing significantly low levels of greenhouse gas emissions during their production processes. Whiskey distilled from craft beer was first produced by brewers Bear Republic Brewing of California in the US, in the late 1990s. But it did not gain popularity until a company called Berkshire Mountain Distillers teamed up with the Boston Beer Company in 2012. According to The Whiskey Wash, this trend has since spread to other countries, including the Netherlands and Belgium. While trying to ascertain what to do with pallets of beer that they couldn't sell during the pandemic, the Darling Brew team roped in Dalla Cia Wine and Spirit Company co-founder George Dalla Cia. Cia is internationally acclaimed for creating one of SA's first Bordeaux-style blends, Meerlust Rubicon. Darling Brew managing director Tewie Roos found that innovative distillers in the US and the UK were continually exploring new flavours by using finished craft beers as a base, an approach Roos commended for amplifying traditional whiskey-making techniques and pushing creative boundaries. Supplied The pandemic was an eye-opener to the importance of businesses becoming innovative and finding alternative ways to boost their sustainability. Roos highlighted that innovation was crucial in moments such as what the world underwent back then, saying it allowed companies to adapt, find new revenue streams and stay relevant. 'By reimagining unsold beer as whiskey, Darling Brew not only avoided waste but created a unique product with lasting value,' said Roos. Innovation drives sustainability by encouraging resourcefulness, reducing environmental impact and building resilience against future uncertainties. It's a mindset that enables businesses to thrive despite adversity. Tewie Roos By using unsold beer, the brewery raised a few serious questions about quality and safety. Roos clarified to City Press that the beer had been stored under controlled conditions and thoroughly tested before distillation to ensure that it was safe and suitable for transformation into whiskey. Supplied 'The distillation process itself is a purification method that eliminates any harmful compounds, resulting in a clean, safe spirit. So, there are no additional health risks associated with using older beer as the base for whiskey,' Roos explained. Not your run of the mill whisky, Reminisce is actually a premium product as evidenced by its scarcity. Darling Brew made waves at last weekend's Whisky Live SA event with the unveiling of Reminisce Whisky, a revolutionary... Posted by Darling Brew on Monday, November 11, 2024 Only 650 hand-bottled and hand-numbered bottles have been produced and are currently retailing for R3000 on the brewery's website. The product is expected to hit the shelves on 1 August with the price going up R3500. Asked if there was a market for such a product, as this was uncharted territory in this continent, Roos asserted that, among other factors, research had focused on observing international trends where consumers increasingly sought innovative and story-rich beverages. According to Roos, Reminisce was developed with a strong understanding of the evolving tastes of craft beer and whiskey consumers locally and globally. 'We drew on our extensive industry experience and close engagement with our loyal customer base. We are confident that it will resonate with adventurous drinkers looking for something new and authentic,' he said.
Yahoo
15-07-2025
- Business
- Yahoo
Athena Resources joins Mid West green iron project in Western Australia
Athena Resources has agreed to become a foundation partner with Warradarge Energy and Fenix Resources to establish the Mid West green iron project in Western Australia's mid-west region. Athena's role will initially involve providing ore samples from its Byro magnetite project to trial suitable green iron technologies, with the potential to supply high-grade magnetite concentrate for the project, which aims to produce green iron, a sustainable product made using carbon-neutral energy sources such as green hydrogen instead of fossil fuels. This method can reduce carbon emissions by up to 90% compared to traditional steel production processes. The parties have signed a binding memorandum of understanding to collaborate on planning and establishing the project. The new company, Mid West Green Iron, will be formed with equal shareholdings between the parties to serve as the project development vehicle. The Byro magnetite project is capable of producing a 70% Fe grade concentrate, making it ideal for green iron applications. Athena managing director and CEO Peter Jones stated: 'The quality, scale, ocation and metallurgy of the Byro magnetite project [have a] unique ability to provide the ultra-high-grade concentrate products required for a regional green iron development. Warradarge Energy has a similar regional focus and a synergistic scaled development plan for their Warradarge green hydrogen project in the Midwest. Fenix, Athena's largest shareholder, has the regional logistics solutions and balance sheet to support future project development and management of a green iron project. 'Athena's primary focus remains the development of the company's 100% owned high-quality Byro magnetite project. Partnering on local green iron opportunities is an obvious opportunity for Athena to develop a future high-value market for our iron products in addition to the obvious export opportunities.' The Mid West green iron project will be developed in three stages: validation, demonstration and commercial production. The validation phase, expected to conclude by the end of 2026, will involve testing magnetite concentrate samples from Athena's Byro magnetite project. The demonstration phase will see the creation of a small-scale green iron plant, with the possibility of further partnerships and funding agreements. Successful demonstration will lead to the development of a full-scale production plant, with the potential to include additional project partners. "Athena Resources joins Mid West green iron project in Western Australia" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-07-2025
- Business
- Yahoo
Hypercharge to Announce Fourth Quarter and Fiscal Year 2025 Financial Results on July 29, 2025
Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Hypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) (the "Company" or "Hypercharge"), a leading, smart electric vehicle (EV) charging solutions provider and network operator, today announced that it will release its financial results for the fourth quarter and fiscal year ended March 31, 2025 on Tuesday, July 29, 2025. Hypercharge's Audited Consolidated Financial Statements, Management's Discussion and Analysis, and Annual Information Form will be available on the Company's website at and under the Company's SEDAR+ profile at -##- About HyperchargeHypercharge Networks Corp. (TSXV: HC) (OTCQB: HCNWF) (FSE: PB7) is a leading provider of smart electric vehicle (EV) charging solutions for residential and commercial buildings, fleet operations, and other rapidly growing sectors. Driven by its mission to accelerate EV adoption and enable the shift towards a carbon neutral economy, Hypercharge is committed to offering seamless, simple solutions including industry-leading hardware, innovative and integrated software, and comprehensive services, backed by a robust network of public and private charging stations. Learn more: On behalf of the Company,Hypercharge Networks Bibby, President & CEO Contact Media & Investor Relations:Kyle Kingsnorth, Head of | +1 (888) 320-2633 Forward-Looking Statements This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "could", "should", "anticipate", "will", "estimates", "believes", "intends", "expects" and similar expressions which are intended to identify forward-looking statements. Forward-looking statements are inherently uncertain, and the actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of the Company. Readers are cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company. Readers are further cautioned not to place undue reliance on any forward-looking statements, as such information, although considered reasonable by management of the Company at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this news release are made as of the date of this news release, and are expressly qualified by the foregoing cautionary statement. Except as expressly required by securities law, the Company undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit
Yahoo
02-07-2025
- Business
- Yahoo
340 jobs at risk as Aussie paper mill teeters
Australia's last remaining industrial paper mill is teetering under shock power shortages, with the owner warning that 340 jobs could disappear without any stabilisation in prices. Boyer Paper Mill chief executive David Marriner, speaking with the ABC this week, said he had been forced to shell out an additional $12m to ship in coal from NSW to keep the mill's operations running after Hydro Tasmania, a renewable energy provider, told him it would be unable to supply the mill with clean power. 'To my amazement, I sit in the commercial strip on Collins St to be told there's simply not the power,' he said. Mr Marriner is trying to electrify the mill, located about 35km north of Hobart, to make it carbon neutral but said he needed 'the same terms and conditions' on power as other industrial users. '(We want) Nothing more or nothing less than the prices that are being provided to the other two or three equivalent major suppliers,' he said. 'We just want the same terms and conditions. We don't want to be paying more than what our competitors are. I'm shattered and disappointed.' Without competitive rates, the mill would be 'unsustainable', he said, and 340 workers could lose their jobs. 'Ask yourself, why should 340 employees take the burden of stupid decisions? Why should they lose jobs?' Mr Marriner said. The mill formed a centrepiece of Anthony Albanese's re-election pitch during the 2025 campaign, pledging $24m in funding to help it switch from coal-fired boilers to electric boilers. 'Boyer Paper Mill is an iconic part of Tasmania's manufacturing story,' the Prime Minister said in April. 'It was Australia's first ever newsprint mill built in the 1940s, and thousands of Tasmanians have worked here over that time. 'We want to see the mill continue well into the future, and that is why we are committing up to $24m to help Boyer secure local jobs and supply chains and move forward with confidence towards a low-emissions future.' Energy Minister Chris Bowen said the decarbonisation of industry made 'good economic sense'. 'Decarbonising our industries and manufacturing isn't just good for bringing emissions down, it makes good economic sense, as companies switch to running on not just the cleanest but the cheapest form of energy (which is) reliable renewables,' he said. The power shock hitting Boyer follows other energy warning signs at major industrial hubs in Australia. Rio Tinto's Tomago aluminium smelter in NSW is reportedly close to shutting down on high energy costs. Tomago is powered by AGL Energy's Bayswater coal-fired power station but is pivoting to renewable energy. Negotiations over a new energy contract have troubled the smelter's operations for months. The AGL contract is due to expire in 2028. A shutdown at Tomago could impact 6000 jobs across the Hunter Valley region. Rio holds a 51.6 per cent interest in the smelter, which produces about 590,000 tonnes of aluminium each year or about 37 per cent of Australia's total production. Reports suggest the company has been in emergency talks with state and federal governments for a bailout in the past few weeks. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Reuters
01-07-2025
- Business
- Reuters
Australia's red meat industry drops 2030 carbon neutral goal
CANBERRA, July 1 (Reuters) - An Australian livestock industry body said on Tuesday it had abandoned its goal to make the sector, a significant emitter of planet-warming methane, carbon neutral by 2030 but that reducing emissions would remain a priority. The carbon neutral pledge, first announced in 2017, was absent from Meat & Livestock Australia's long-term strategy document released on Tuesday. Its managing director, Michael Crowley, said the target had proven unachievable. "We need more time, more support, and more investment to reach our goal," he said. Australia's Red Meat Advisory Council dropped the 2030 climate neutral goal from its strategy last week. The decisions echo those of some governments and companies that have scaled back climate commitments in recent years. The livestock industry's original 2030 target aimed to reduce emissions and offset those that remained by carbon sequestration in soil or plant matter. To this end, the industry has pursued innovations including the breeding of animals that emit less methane, using feed supplements such as seaweed that inhibit methane production in the gut, and improving soil carbon capture techniques. While emissions from Australia's red meat industry did drop 78% by 2021 from 2005 levels, according to the country's science agency CSIRO, this was due to less land clearing and a smaller national herd - not a decrease in methane produced per animal. Crowley said the research over the last few years would mature into implementation and the industry could still reach 80-90% of its carbon neutrality goal by 2030. "We need to drive adoption," he said. He added that the 2030 target had spurred over A$100 million ($66 million) in sustainability investments and MLA, a livestock research and marketing body, would continue to drive efficiency gains and reduce net emissions per kg of meat production. Australia is one of the world's biggest exporters of red meat and home to 30 million cattle and more than 70 million sheep, according to MLA. During digestion, these animals produce methane, which breaks down over time but is 80 times more powerful than carbon dioxide at trapping heat over a timespan of 20 years. ($1 = 1.5207 Australian dollars)
