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Twiggy Forrest dumb to the idea of Fortescue Revolution
Staff selfies and heart-to-hearts don’t hide the iron ore mining giant’s revolving door of executives.
‘His peers don’t like him either’: Ex-minister lashes Andrew Forrest
Ex-federal resources minister Ian Macfarlane offered a frank assessment of the Fortescue billionaire, who then responded by calling him an “old fossil fuel guy”.
Labor says Woodside not blameless for six-year North West Shelf delay
Resources Minister Madeleine King suggests the company had changed its proposals, adding to the “mind-boggling” time it has taken to approve the LNG project
AustralianSuper says Rio Tinto unification debate just getting started
The country’s largest superannuation fund has backed the board and voted against a review of a dual structure, but says it can see compelling reasons for a change.
Can Labor help the Pilbara go green?
Labor now has a rare, politically unencumbered opportunity to secure the nation’s energy supply, industrial competitiveness and climate transition.
May
‘Too big to fail’ lithium producers unfazed by long price slump
IGO boss Ivan Vella says CATL’s strong Hong Kong debut shows faith in lithium battery storage, even as ore prices sit at four-year lows.
Australia ready to play dirty against China’s rare earths manipulation
We usually fly the flag for free trade, but the critical minerals reserve suggests the Albanese government is prepared to manipulate as well.
Ivanhoe lobbies US to add iron ore to critical minerals list
The company’s chief executive, Bronwyn Barnes, says the highest-quality ore should be secure because of its uses in manufacturing military hardware.
Forrest, Rio spar on future of Pilbara iron ore in green steel era
The Fortescue chairman said the world’s biggest iron ore importer was looking at Brazil and Africa, and local mining giants were “going down”.
Forrest fears China iron ore call could turn Pilbara into ‘wasteland’
The billionaire businessman says China is about to make a huge call on the future of its steel industry, and there’s no guarantee it will include Australia.
King reveals details of critical minerals stockpile, vows it will pay
Australian miners will not be compelled to sell critical minerals into the federal government’s stockpile, though the resources minister believes it will generate revenue for the country.
The energy transition will fail without more mines
Our scorecard for the government must include whether initiatives ensure more critical minerals projects come online, faster, and without cutting corners.
Rio Tinto strikes $1.4b Chilean lithium deal with Codelco
The company will invest in the Salar de Maricunga project as it focuses on reducing its dependence on iron ore.
New Hope’s boom days over as coal price slump hits sales, shares
The ASX-listed miner’s earnings for the first quarter are about half what some had forecast.
Perth battery materials player Talga Group launches raise; taps Euroz
New shares will be issued at 40¢, a 14.9 per cent discount to the last traded price.
AusSuper’s graphite bet Syrah to restart mine, easing US loan concerns
Syrah remains in crisis talks with US agencies after unrest near its Mozambique mine halted output and triggered default clauses on key US government loans.
Fortescue says Rio Tinto iron downgrade bolsters green refining case
Fortescue mining boss Dino Otranto says a downgrade to Australia’s flagship iron ore product is proof the nation must invest in more clean, domestic refining.
Rio Tinto iron ore grade decline set to dent government revenues
Rio Tinto has told customers its flagship product would contain more impurities and less iron in the future.
Critical minerals bonanza could be hidden in the waste from old mines
A high-tech re-examination of tailings from NSW mines could play a role in the global drive to loosen Beijing’s stranglehold on critical minerals.
Macquarie further loosens its coal investment policy
The latest policy back-pedal by the asset manger and investment bank covers guidelines on metallurgical coal mines.
South32 poaches Anglo American executive to replace Kerr as CEO
The diversified miner has tapped copper expert Matthew Daley to replace inaugural boss Graham Kerr after more than a decade at the helm.
BHP’s Argentinian copper project just got bigger
The miner’s $3.2 billion push into South America has received a boost after it was revealed its Filo del Sol discovery is much bigger than previously estimated.
What is Gina Rinehart’s plan for lithium miner Liontown?
Liontown Resources is sitting on a world-class resource at its Kathleen Valley mine, but questions over the company’s future persist as it’s clouded by a big debt burden.
Orica battles TNT shortage as war in Ukraine strains global supply
Solid earnings growth in the first half sent Orica’s shares higher, but the company warned of a global explosives shortage worsened by the Ukraine war.
Iluka CEO backs efforts to loosen China’s rare earths stranglehold
Tom O’Leary says Western governments had acknowledged ‘China’s monopoly’ by acting to secure their own sources of critical minerals.