Today
Rio Tinto interim dividend misses estimates
Rio Tinto’s half-year earnings rose by 13 per cent, but shareholders will see no improvement in interim dividends as the miner prepares to spend on growth.
- 9 mins ago
Yesterday
BHP in $3.2b South American copper deal
BHP will step into Argentinian copper under a $US2.1 billion ($3.2 billion) deal with the famous Lundin family to take a Canadian explorer private.
- Updated
This Month
Big Glencore shareholders want to keep coal
An influential group of Glencore shareholders want the company to abandon a plan to spin-off its coal division, and allocate those earnings to new avenues of growth.
- Exclusive
- Mining
Boss Energy made $550m Jabiluka bid before PM’s mine veto
ERA’s fractured share register opened the door to an opportunistic play for the highly controversial Jabiluka mineral lease.
That cool op-shop jacket could earn you carbon credits
Federal regulators are considering a proposal to offer financial incentives to consumers who buy second-hand clothes.
Albanese kills uranium mining at Jabiluka
Anthony Albanese has ended a decades-old dispute over uranium mining in the NT by ending the mineral lease on Jabiluka and pledging to add the mine site to the Kakadu National Park.
End of the road for Kakadu’s Jabiluka uranium lease
The NT government has refused to extend a mining lease over the Jabiluka uranium deposit, cheering native titleholders but angering nuclear power advocates
- Updated
Anglo’s Grosvenor mine unlikely to restart before it hits the market
The London-listed diversified miner’s chief executive, Duncan Wanblad, says a fire in Queensland would not derail his break-up plan.
Surging iron ore mining costs plague Fortescue’s year ahead
The Andrew Forrest-chaired resources giant says it expects to grow export volumes, but unit costs are also expected to rise by up to 9 per cent.
- Updated
- Updated
- Energy
Forrest’s private Windlab sells big wind projects to Fortescue
The ASX-listed mining group has quietly taken ownership of two projects that were previously controlled by the billionaire’s private renewables developer.
- Updated
Japan’s Chugoku puts its share of $1.1b Boggabri coal mine up for sale
The electricity retailer owns 10 per cent of the NSW operation, and it is the latest Japanese coal industry cornerstone firm to exit.
- Updated
- Manufacturing
Environmental rules threaten survival of South32’s Worsley refinery
More than $1b was wiped off the value of South32 as it cut production guidance and warned forest protection rules threatened the future of a WA alumina refinery.
- Updated
Whitehaven Coal says inflation is ‘rife’
The coal miner says the cost of parts and services continues to rise despite higher unemployment, as a rail “glitch” soured its $6.4b move into Queensland coal.
Green hydrogen too ‘expensive and inefficient’: Finkel
Former chief scientist Alan Finkel – who devised Australia’s first clean hydrogen strategy – now says we are “unlikely to use hydrogen for storage of electricity”.
Forrest says Element Zero execs burned bridges ‘like Nazis’
Fortescue chairman Andrew Forrest has distanced himself from surveillance tactics used against former employees, but fully supported the IP lawsuit against them.
- Updated
- Energy
Labor’s hydrogen dream stalls as Fortescue slims down H2 vision
Fortescue will cut 700 jobs and slow its push into green hydrogen in a blow to the Albanese government’s plan to make Australia a hydrogen superpower supported by more than $8 billion of taxpayer funded incentives.
BHP breaks iron ore export record, promises copper lift
The mining giant could raise copper production by 10 per cent in the year ahead as its most important commodities offset nickel and coal woes.
Rio Tinto’s $34.3b African iron ore project gets green light
Soft iron ore exports from Western Australia were overshadowed by final approvals for the Simandou iron ore project in Africa.
June
Niobium fever spreads as Encounter hits paydirt in WA1’s backyard
The West Arunta region is rapidly becoming Australia’s next critical minerals province after Encounter found high-grade niobium close to WA1’s Luni discovery
Rio Tinto puts biofuels before batteries in carbon credit push
The miner reckons farmers should be eligible to earn carbon credits for growing crops that can be turned into carbon-neutral biofuels.