This Month
Rio Tinto’s $10.7b lithium takeover wins shareholder approval
Chief executive Jakob Stausholm got an early Christmas present when Arcadium Lithium investors voted to accept his acquisition offer.
Smorgon stoush triggers gold mine fire sale
One of Australia’s most powerful families have pushed their Chinese partners in the Stawell gold mine into receivership.
Japanese giant buys Aussie battery start-up in coal to minerals pivot
Idemitsu has taken majority control of Vecco Group as it tries to move towards investments in critical minerals and energy storage.
Tasmania’s huge Savage River project at risk as iron ore prices fall
Grange Resources, which is developing the mine near Burnie, said it could not fund the expansion at current and forecast prices for the commodity.
Mining rivals join forces on green iron project
BHP, Rio Tinto and BlueScope have all agreed to develop Australia’s largest iron-making electric smelting furnace, the NeoSmelt pilot facility, in Western Australia.
Orica chairman Malcolm Broomhead to step down
A veteran of some of Australia’s most powerful boardrooms has announced plans to step down from his last major corporate directorship.
The big sting: how a mythical bee halted a gold mine
When a NSW mining project was halted to protect hotly disputed Indigenous heritage it showed a lot has changed since Juukan Gorge, even if the laws haven’t.
AustralianSuper’s graphite bet Syrah defaults on US government debt
More than $370 million of loans have helped keep the miner afloat, but civil unrest in Mozambique has halted production there and triggered default clauses.
Exploration drillers tighten belts as boom fades
Spending on mineral exploration is sliding and inflationary pressures mean each dollar delivers fewer metres drilled. But AI and data analysis might save the day.
Sexual harassment class action to target BHP, Rio
The big miners’ efforts to attract more female employees have suffered a setback with the launch of sexual harassment class actions.
Rio Tinto says carbon price pain justifies action on emissions
Carbon pricing schemes in Australia and Quebec mean almost half of Rio’s emissions are subject to penalty and would soon cost $940 million per year if not tackled.
- Analysis
- Critical minerals
Taxpayers have just made a $1.65b bet on a rare earths green premium
It’s the recipient of the second-biggest government loan in history. For the Eneabba project to succeed, everything about how minerals are priced must change.
- Updated
- Critical minerals
Iluka lands $400m taxpayer loan to get rare earth refinery on track
But investors are worried that the cost of the Eneabba project in Western Australia will make it hard for the company to make a return once it is operational.
- Updated
Rio Tinto rules out unification, mulls ASX share issuance
Rio Tinto boss Jakob Stausholm says he wants to bolster the Australian side of the dual-company structure, not unify it with the British side.
Rio Tinto outlines 40pc surge in copper as it pivots from iron ore
The mining giant told investors Australian iron ore would provide just over half of its future earnings, down significantly from its current dominant role.
November
Chris Ellison quits as Delta Lithium chairman ‘effective immediately’
The businessman said he was leaving the junior explorer to focus on Mineral Resources, where he intends to quit as managing director within 18 months.
Peabody in $5.8b Anglo American coal deal
Takeover target Anglo American has shored up its defences against BHP by selling its Queensland coal mines for up to $5.8 billion.
MinRes investigates truck crash on Onslow haul road
Another truck has crashed on the road connecting MinRes’ new Onslow iron ore hub, which is critical source of income for the highly indebted miner.
Ellison reveals ‘dark cloud’ in MinRes’ day of reckoning
The billionaire founder presented a mix of contrition and defiance over the company’s governance scandals at the shareholder meeting on Thursday.
- Updated
- Workplace culture
Rio Tinto workers push back against its diversity efforts
Two years after a major review found the company had systemic bullying issues, employees of both sexes say they are uncomfortable about some changes.
- Updated