Investing in Australia's Energy Transition

The transcript discusses Korea Zinc's strategy to acquire renewable energy companies to power its operations in Australia, focusing on solar and wind energy projects. It highlights regulatory challenges in Australia, particularly grid connection issues. The company is also involved in global partnerships, such as with Hanwha for onshore wind in the US. The transcript further explores investment trends in Australia's energy sector, noting a significant increase in renewable energy investments in 2022, driven by government policies and the global energy crisis. However, the easing of the crisis may pose challenges for future investments.

What is the primary reason Korea Zinc is investing in renewable energy companies in Australia?

• To reduce operational costs

• To expand their business globally

• To meet regulatory requirements

• To power their zinc refinery operations

What percentage of energy needs does the expanded solar farm cover for Sun Metals?

• 75%

• 33%

• 25%

• 50%

Which company is Korea Zinc partnering with for the McIntyre wind project?

• Siemens

• Tesla

• Acciona

• Hanwha

What is a significant challenge for renewable energy projects in Australia?

• Lack of technology

• Regulatory and grid connection issues

• Insufficient government support

• High labor costs

What is the role of hydrogen and ammonia in Australia's renewable energy market?

• To increase domestic consumption

• To facilitate energy export

• To replace coal entirely

• To reduce production costs

What was the investment trend in Australia's renewable energy sector in 2022?

• It slightly increased

• It remained stable

• It more than doubled

• It decreased significantly

What impact did the global energy crisis have on Australia's renewable energy investments?

• It delayed projects

• It drove significant investment

• It had no impact

• It decreased investments