Yesterday
Orica prepares for end of thermal coal with $559m software firm buy
The explosives and mining services group is pivoting its business to focus on new mines needed to the transition away from fossil fuels, and on infrastructure.
- Elouise Fowler
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
Incitec Pivot warns it could ‘walk away’ from $1.5b fertiliser deal
The company has been negotiating with Indonesia’s Pupuk Kaltim over the division, but told shareholders there were “complications” in the discussions.
- Simon Evans
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
Climate vow hits pipeline full of coal, oil and gas
Latest figures in the Department of Industry, Resources and Sciences quarterly resources sector report card illustrate mixed progress towards decarbonisation.
- Ronald Mizen
BHP issues dire warning on nickel mines
The Albanese government is overhauling its critical minerals strategy but the teetering nickel sector remains on the outer, with BHP and Forrest-owned mines at risk.
- Brad Thompson and Peter Ker
BHP boss Mike Henry sells $18.5m of shares in wake of divorce
The mining boss has sold down his shareholding as part of the reorganisation of assets after the end of his marriage.
- Brad Thompson
Big miner lauds WA reforms after premier cooks greenies
WA Premier Roger Cook has doubled down on comments that well-resourced environmental groups were working to split up Indigenous landowners.
- Tom Rabe
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
Indigenous owners ‘split by greenies’: WA premier
Roger Cook says well-funded environmental groups are working to divide Aboriginal communities and use them to oppose resources projects across the country.
- Updated
- Tom Rabe
Rio appoints new battery materials boss with lithium in limbo
Elias Scafidas will run the company’s push into the resource, spread across five continents, after working on copper and iron ore joint ventures in Mongolia and Guinea.
- Brad Thompson
Chinese lithium stocks surge, lifting hope rout almost done
China’s two biggest producers – Tianqi Lithium Corp and Ganfeng Lithium Group Co – closed up 6.5 per cent and 7 per cent in Hong Kong.
- Bloomberg News
Rio seeks green tick for new copper mine in WA
Rio starts the approvals ball rolling on a WA mine it expects to produce copper and gold for the next 41 years.
- Brad Thompson
Rio Tinto offered these Indigenous women $3m. They turned it down
A women’s shelter in the remote north-east Arnhem Land community of Galupa will rely on public support, after saying no to a relocation offer from the mining giant.
- Tom McIlroy
Vale says China can’t control price of iron ore
“The rule of economics [is] going to drive the price, the rule meaning supply and demand,” Vale chief executive Eduardo Bartolomeo says.
- Mariana Durao and Thomas Biesheuvel
Evolution pays $720m for NSW copper and gold mine
The first big deal by an ASX-listed gold miner since Newmont’s Newcrest buy, the Northparkes mine raises the group’s exposure to copper to about 30 per cent.
- Brad Thompson
Gold price swings dramatically after surging to record
The precious metal rallied in Asia only to be sold off in the US amid signs that traders’ aggressive pricing of Federal Reserve rate cuts may have gone too far.
- Sybilla Gross and Eddie Spence
Lang Hancock behaved like his mining empire was ‘extension of himself’
Mining icon Lang Hancock thought he could do as he pleased with assets held by his company, but he breached his fiduciary duties, Gina Rinehart’s lawyers say.
- Tom Rabe
