ASX Announcements
Initial Director's Interest Notice - Denise McComish
Initial Director’s Interest Notice
- Dec 13, 2023
- 2 pages
Yesterday
Billionaire taps into couples workforce with iron ore ‘love shacks’
Minerals Resources boss Chris Ellison says the company’s on-site accommodation for couples is as good as anything at a beachside resort in Broome.
- Brad Thompson
This Month
Ellison backs legal fight linked to Bald Hill lithium mine
Mineral Resources boss Chris Ellison has put his hand up to join the board of Singapore-listed Alita Resources if a push to dump McGrathNicol as liquidators succeeds.
- Brad Thompson
Allkem shareholders green-light $9.7b Livent merger
The merged group will have the capacity to produce and process lithium in Argentina, Canada, the US, Australia, Japan, and China.
- Updated
- Elouise Fowler
Rinehart joins forces with lithium giant SQM in $1.7b Azure bid
Gina Rinehart has thrashed out a partnership that delivers part of her ambitions to become a major lithium player in her home state of Western Australia.
- Updated
- Brad Thompson
Lithium heavyweights on cusp of sealing Azure partnership
The battle for control of lithium explorer Azure Minerals is expected to become clearer this week as major investors get close to a cooperation pact.
- Peter Ker
Allkem lithium merger splits pension funds
An $11 billion merger of Livent and Allkem is on track to secure the requisite shareholder support on Tuesday even though AustralianSuper is expected to oppose.
- Peter Ker and Joanne Tran
IGO warns of another write-down amid job losses at nickel project
The company has started shedding workers at its troubled Cosmos nickel project.
- Brad Thompson
How to optimise your stock portfolio for a high $A
Citi expects the currency to rise to US76¢ by late 2025. Some companies will benefit from that surge, outlined in a note by the bank’s equities strategists to clients.
- Updated
- Joshua Peach and Cecile Lefort
Chinese ties exclude Australian lithium miners from US cash
Major miners in this country could miss out on US government subsidies because of Chinese investment in this country’s lithium sector.
- Peter Ker
Allkem-Livent’s $9b lithium merger wins proxy support
The biggest lithium merger of this year has won support from Glass Lewis ahead of a shareholder vote later this month.
- Peter Ker
November
Billionaire Ellison says he’ll trade gold for lithium
Delta Lithium chairman Chris Ellison says time will tell if he can successfully juggle his responsibilities as boss of lithium heavyweight Mineral Resources.
- Brad Thompson
Fire halts production at big Australian lithium mine
One of the world’s biggest hard rock sources is out of action as prices for the battery mineral slump.
- Peter Ker and Brad Thompson
Chris Ellison’s Bald Hill bargain
Sources who spoke to Street Talk also said they’d seen an offer for the business valuing it at the $1 billion-plus mark.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘Massive’: Short sellers feast on lithium market rout
Hedge funds’ giant bets against former ASX darlings are raising eyebrows as investment banks slash price forecasts on flood of new supply in 2024.
- Tom Richardson
MinRes pays $260m for mine in WA lithium heartland
Chris Ellison’s Mineral Resources will pay just $260 million for the Bald Hill lithium mine following an independent expert’s valuation complicated by a tax office investigation.
- Updated
- Brad Thompson
MinRes’ Chris Ellison in $1b ultimatum to WA on gas policy
The billionaire says building a gas plant in the state would flood the domestic market, and is lobbying hard for policy changes that allow exports.
- Brad Thompson
Neometals spruiks lithium find in ‘corridor of power’
Neometals boss Chris Reed says the discovery in WA’s lithium hot spot came after a second look at drilling cores left over from nickel exploration.
- Brad Thompson
Rinehart, MinRes tip into Delta Lithium $70m raise
Joint lead managers Bell Potter and Canaccord Genuity were rounding up investors on Monday morning.
- Sarah Thompson, Kanika Sood and Emma Rapaport
MinRes to dig for lithium in gold mine
Billionaire Chris Ellison’s appetite for lithium in WA has grown to take in a gold project owned by Pantoro Limited.
- Brad Thompson
MinRes doubles down as lithium explorer Wildcat raises $100m
The Chris Ellison-backed group maintains 19.94 per cent stake as the white-hot lithium explorer raised funds to advance Tabba Tabba project.
- Brad Thompson
