This Month
The companies that are winners and losers from Labor’s landslide victory
Winners include healthcare diagnostics, vehicle financiers, and developers. Mortgage insurers, fuel suppliers, and automotive firms may face challenges.
April
Woodside to join ranks of global gas giants with $27b green light
The ASX-listed developer’s board has agreed to proceed with a major project in Louisiana that could mean it produces more than 5 per cent of the world’s LNG.
Will uranium ever get its day in the sun?
It was one of the hottest trades of last year. Now the commodity has a new claim to fame – it dominates the list of most-shorted stocks.
Woodside eyes competitive edge with US project
Woodside says its Louisiana gas project can defer tariffs under a US free trade zone, giving it a cost edge over US LNG competitors.
Santos gets the final green light for $5.8b Barossa gas project
The company intends to begin full production at the development, in the Timor Sea near Darwin, within months after its processing vessel was approved for use.
Rio Tinto and Mitsui target billionaire Creasy’s Pilbara iron ore
The giant miner and Japanese trading house have bid $75 million for the legendary prospector’s iron ore tenements.
Australian exports safe from Trump’s ‘beautiful coal’ dream
The president’s push to reinvigorate the US coal industry will not seriously affect Australia dominance of exports to China, experts say, but prices are likely to fall further.
Peabody’s $6b deal to buy Anglo’s Queensland coal mines at risk
The American giant is reviewing its options after the second fire at a project – this time Moranbah North – in the portfolio in less than 12 months.
MinRes debt anxiety grows as lithium miners walloped by tariff fears
The company’s debt is trading at an increasing discount as investors fret about billions of dollars in loans far higher than its market capitalisation.
Board fights and mass resignations: the battle splitting the nation’s geoscientists
A bitter struggle for control of a professional association is proving that diversity, equity and inclusion remains a lightening rod for controversy.
Glencore seeks taxpayer bailout for Queensland copper smelter and refinery
The Swiss mining giant warned its Mt Isa copper smelter and Townsville copper refinery in Queensland were struggling and required taxpayer support.
Super funds delaying death payouts also charge the most fees
Analysis from a peak consumer group comes the same day as ASIC released a damning report that revealed the ‘sad situation’ for the families of dead members.
March
Australia’s lithium dream is fading. Can tax breaks revive it?
The prime minister believes he can revive hopes of turning Australia into a minerals processing powerhouse. Is this anything other than wishful thinking?
Inside Duncan Saville’s billion-dollar Bermuda Triangle
A decade after the ATO hit the reclusive Australian investor with a $189 million tax bill and savaged his character, Canberra is rolling out the red carpet.
Nickel Industries’ stock slumps after major investor exits
About $600 million was wiped from Nickel Industries market cap after a major investor dumped stock and the Indonesian government proposed a hike in mining royalties.
Shareholders sue to stop ‘rushed’ bankruptcy of cobalt miner Jervois
Two small shareholders are suing collapsed cobalt miner Jervois Global in a Texas court to halt a winding up that will erase hundreds of millions of dollars of investor capital.
Five charts that explain the gender pay gap
Men taking up a disproportionate share of executive positions is a major driver of the disparity. These charts offer some interesting revelations.
Australia’s top-paying companies among worst pay gap culprits
A total of 24 companies pay their top-earning workers $1 million or more, but none of them have a neutral gender pay gap.
February
Yancoal to deploy $1.8b on M&A
Australia’s No. 2 coal miner plans to use its war chest from the coal boom to acquire assets, possibly overseas and beyond coal.
Lithium producer IGO plunges to $782m loss
The miner’s loss highlights Australia’s lithium refining struggles.