Market Chatter: Northern Star Resources in Talks with Government-Owned Utility to Supply Additional Back-Up Power to Western Australia Grid

MT Newswires Live

07/29

Northern Star Resources (ASX:NST) is in talks for commercial terms with government-owned utility Western Power for the supply of up to 70 megawatts (MW) of additional capacity for the grid in Kalgoorlie-Boulder, Western Australia, ABC News reported on Wednesday.

Northern Star jointly owns the 110 MW Parkeston power station at Kalgoorlie. Western Australia's Energy Minister Amber-Jade Sanderson said it would enter into an arrangement with Northern Star to use their Parkeston facility and any excess power.

Northern Star's chief technical officer, Steve McClare, said the miner's plans to build a new 140 MW thermal power station and a separate 366 MW renewable facility, including up to 32 wind turbines and 230,000 solar panels, are in the final stages.

The firm's shares rose over 1% in recent trading on Wednesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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Western Australia's Energy Minister Amber-Jade Sanderson said it would enter into an arrangement with <a href=\"https://laohu8.com/S/NESRF\">Northern Star</a> to use their Parkeston facility and any excess power.</p><p><a href=\"https://laohu8.com/S/NSTB\">Northern Star</a>'s chief technical officer, Steve McClare, said the miner's plans to build a new 140 MW thermal power station and a separate 366 MW renewable facility, including up to 32 wind turbines and 230,000 solar panels, are in the final stages.</p><p>The firm's shares rose over 1% in recent trading on Wednesday.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GIVE.AU","symbol_name":"PERPETUAL ESG AU SHR EQMF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2655042853","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655042853","pubTimestamp":1785300962,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}