ASX Announcements
Change of Director's Interest Notice - S Corlett
Change of Director’s Interest Notice
- Dec 24, 2024
- 2 pages
Market Sensitive
MEG:Exploration Agreement with Option to Purchase North Fork
Progress Report
- Dec 19, 2024
- 2 pages
This Month
- Opinion
- Mining
Critical minerals manufacturing dream tempered by harsh reality
Falling prices mean Australia’s ambitions to develop the industry and downstream processing are on pause. Is this a waiting game, or is it all over?
- Jennifer Hewett
- 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.
- Peter Ker
- 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
- Peter Ker and Tom Rabe
November
Why this FIFO construction firm ‘never loses a client’
Fostering long-term relationships with clients such as gold miner Newmont has helped this business more than double revenue to $80m in a year.
- Larry Schlesinger
September
Mystery investor raises questions about Northern Minerals divestment
Labor forced the miner’s largest investor, a China-linked fund, to sell its shares. A Hong Kong-registered firm with almost no corporate history bought up.
- Brad Thompson
August
Iluka to halt rare earths refinery unless Labor caves in on funding
Iluka Resources says it won’t finish building a strategically important rare earths refinery unless the Albanese government comes up with more funding,
- Brad Thompson
Beazley names state ‘most vulnerable and worthwhile’ to attack
The former defence minister says a nuclear submarine is vital to protecting the resources industry, urging an even harder line on blocking Chinese investment in critical minerals.
- Brad Thompson
July
Chinese rare earths giant looks to set up in Australia
Shenghe wants to expand into Australia despite strong government opposition to Chinese investment.
- Updated
- Brad Thompson
- Analysis
- Due diligence
Why M&A arb funds are sitting out ‘the trade of the year’
Sierra Rutile has caught the eye of London’s ‘most daring emerging markets fund’, a Sierra Leone mining contractor and a global commodities trader in a three-way bidding war.
- Jemima Whyte
Rod Carnegie: corporate giant felled at the final hurdle
Sir Rod Carnegie soared across the corporate sky in the ’70s and ’80s but was thwarted in his attempt to secure full Australian local control of mining giant CRA.
- Andrew Clark
June
Lynas to break China’s heavy rare earths stranglehold
The Amanda Lacaze-led miner will start producing two critical minerals that are essential to the US and its allies from next year.
- Brad Thompson
- Analysis
- Due diligence
Deterra’s big-ticket bet on lithium royalties faces tough reception
After years of being criticised for high costs and inaction, Iluka-backed Deterra Royalties has bid for Trident Royalties and is facing a backlash, again.
- Jemima Whyte
- Opinion
- Critical minerals
Crackdown on Chinese investors a cautionary tale
Small critical minerals companies are caught up in the midst of a geopolitical struggle between China and the West. Northern Minerals is the latest example.
- Jennifer Hewett
China-linked investors forced to offload Northern Minerals shares
Treasurer Jim Chalmers says the decision, based on Foreign Investment Review Board advice, was made to “protect our national interest”.
- Updated
- Elouise Fowler
- Opinion
- Chanticleer
Chalmers sell-down order adds to crazy tale of rare earths intrigue
Treasury orders forcing Chinese interests to sell shares in Northern Minerals comes as Australia faces hard questions on Chinese involvement in our critical minerals sector.
- James Thomson
May
China-linked entity ousts West Australian rare earths boss
Northern Minerals’ new executive chairman said the resignation of Nick Curtis created an “alignment” between shareholders and the board.
- Elouise Fowler
- Opinion
- Critical minerals
Why WA loves the critical minerals budget boost
Peter Dutton’s refusal to endorse Labor’s plan for production tax credits for critical minerals processing and green hydrogen won’t make him popular in must-win seats in Western Australia.
- Jennifer Hewett
- Opinion
- Critical minerals
Albanese’s troubled critical minerals dream
The Albanese government has high hopes for much more downstream processing of critical minerals. But the numbers aren’t adding up. What can change that?
- Jennifer Hewett
Iluka boss calls out China’s infiltration of rare earths in Australia
Tom O’Leary says China is trying to extend its global dominance in rare earths by controlling assets in Australia and rigging prices.
- Updated
- Brad Thompson
March
- Opinion
- Rare earths
Australia bets big on rare earths after China sparks panic
Western governments want to break China’s stranglehold on the processing of rare earths into metals and magnets vital for modern living and defence. Australia is key to that. Can it work?
- Jennifer Hewett