This Month
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.
Fortescue faces $1.8b native title compensation claim
The claim escalates a long battle over Yindjibarndi lands, home to Fortescue’s Solomon iron ore hub.
Board drama as Global Lithium succumbs to ‘Chinese’ takeover
New leadership denies claims of covert foreign influence over the WA-based critical minerals group.
Pembroke secures $875m loan to double Queensland coal development
The privately held owner of a major Bowen Basin mine has secured the debt from international investors in a sign of renewed appetite to lend to the commodity.
Investors fear Chinese mine restart puts lithium resurgence in danger
CATL, the world’s largest electric vehicle battery manufacturer, is restarting its major Jiangxi operation, a move which could keep prices depressed.
January
IGO’s profit pain worsens as lithium stockpiles grow
The battery minerals producer posted a big loss in the last three months of 2024 amid a price slump and a drop in demand. It expects losses to continue.