This Month
Australian mining exploration falls to four-year low
Exploration spending fell to $643.52 million in the March quarter, as a sharp fall in lithium and nickel prices discouraged activity.
May
ATO loses $1b tax dispute with Alcoa as US companies play hardball
The ATO has lost its long-running stoush with the aluminium giant, just one of several battles Canberra is waging with US companies over tax.
Glencore primes its Australian DirtyCo for local sharemarket listing
Brokers told clients the company’s decision to shift unwanted assets into an Australian subsidiary could lead to a tax-effective ASX spin-off.
Ford enlists Trump tax officials in billion dollar ATO brawl
The Trump administration has taken an aggressive stance against global taxation deals, and the ATO is embroiled in similar fights with ExxonMobil and PepsiCo.
Tesla extends deadline for Australian battery material deal
The extension offers Syrah crucial relief as it works to become a key US supplier of non-Chinese natural graphite, a vital material for battery production.
‘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.
Watt won’t rule out giving EPA veto over resources projects
A new federal environment protection agency could be handed the power to approve major resources projects.
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.
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.
Woodside, Aramco sign rare deal to partner on global, US energy projects
President Trump wasn’t the only one doing deals at the US-Saudi investment forum in Riyadh, with Woodside inking a landmark tie-up with energy giant Aramco.
Ex-Kidman CEO to be witness against in-law in insider trading case
The corporate regulator plans to call ex-Kidman CEO Martin Donohue as a witness in its insider trading case against his brother-in-law, Duncan Stewart.
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.
Peabody halts $5b capital raise to buy Anglo American’s Qld coal mines
Peabody is threatening to walk away from the deal over a key fire-damaged mine.
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.