September
Competition watchdog dissects Namoi takeover
Undertakings provided by Singapore’s Olam may be insufficient to approve a takeover of Namoi Cotton, the Australian Competition and Consumer Commission says. .
Farmers rate Labor policies as bigger threat than extreme weather
Farmers say their greatest challenges are adverse political and regulatory decisions, closely followed by price volatility and extreme weather events.
Hartman exit leaves separated Forrests occupying Tattarang board
The longest surviving member of the Forrest inner circle, John Hartman, has left the board of the private company that holds most of the couple’s combined fortune.
South32 to reap $243m from Biden’s battery spending spree
South32 has joined mining minnow Element 25 as a major beneficiary of the Biden administration’s efforts to create a supply chain independent of China.
Biden hands $243m to WA mining minnow Element 25
The US had agreed to fund the lion’s share of a $440 million manganese refinery for Element 25 on the eve of talks between Joe Biden and Anthony Albanese.
- Updated
- Mining
ASX-listed lithium giant Arcadium turns its back on Australia
The company had flagged aggressively expanding domestically. Now it says it may sell its Mt Cattlin operation and will prioritise its Canadian and Argentine assets.
- Updated
WA opens narrow window for onshore gas exports
The Cook government’s revised policy may not be enough to achieve the aims of encouraging more gas exploration and development, some commentators say.
Potash market collapse raises questions about BHP’s $16b bet
Economists at Rabobank say the global market for the key fertiliser ingredient is oversupplied and prices will continue to fall.
Meet the lithium high-climber taking on the short sellers
Pilbara Minerals CEO Dale Henderson thrives on a challenge and hard work, and is willing to tackle everything from Chinese lithium buyers to Himalayan mountains.
- Exclusive
- Mining
Union wants BHP to pay $10,000 annual bonuses to iron ore workers
The $10,000 retention bonus is part of a log of claims presented to BHP on Wednesday as unions seek to retake the Pilbara.
MinRes calls bottom on lithium as price pain spreads to China
Lithium stocks have bounced as rock-bottom prices finally take their toll on one of China’s biggest integrated miners and battery makers.
MinRes slashes worker conditions as it pockets $1.1b from asset sale
FIRB approval clears way for MinRes to sell down its stake in Onslow Iron haul road as it cuts costs with big changes to worker rosters.
Global Lithium directors quit board averting fiery vote
Global Lithium directors Greg Lilleyman and Hayley Lawrance will resign as non-executive directors ahead of a contested shareholder vote to oust them.
MinRes investigates jumbo iron ore road train rollovers
Chris Ellison’s Mineral Resources has been hit by two rollovers of fully loaded iron ore road trains as it races to finish a dedicated haul road.
Mystery investor raises questions about Northern Minerals divestment
Labor forced the miner’s largest investor, a China-linked fund, to sell its shares. A Hong Kong-registered firm with almost no corporate history bought up.
Changes to mining rule book ‘would not have helped Regis investors’
Mining industry figures discuss rationale behind the proposed ESG amendments in light of the shock Indigenous heritage ruling that derailed the $1 billion project.
August
Austal heads to debt markets to fund $440m US expansion plans
The only ASX-listed defence shipbuilder needs to finance big growth in Alabama shipyards, where it has a multi-billion dollar order from the US Navy.
Mining billionaire Chris Ellison bemoans ‘s---tiest time’ to be boss
No one is making money in lithium and every job is under scrutiny, warned the Mineral Resources boss who lamented “it’s not a fun time” to be in business.
Mineral Resources ditches dividend for first time in a decade
Chris Ellison-led MinRes says it will defer expansion projects and focus on cost reduction after ending the financial year with net debt of almost $4.43 billion.
Austal fights to keep US Navy work after $35m fraud penalty
The Australian defence contractor accepted a $US24 million fine in a plea deal to avoid criminal prosecution after a long-running American investigation.