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Incitec Pivot Limited

ASX Announcements

Update - Notification of buy-back - IPL

Daily Share Buy-Back Notice

  • Sep 6, 2024
  • 6 pages

Notification regarding unquoted securities - IPL

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Sep 5, 2024
  • 6 pages

Notification regarding unquoted securities - IPL

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Sep 5, 2024
  • 6 pages

Notification regarding unquoted securities - IPL

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Sep 5, 2024
  • 6 pages

Notification regarding unquoted securities - IPL

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Sep 5, 2024
  • 6 pages

View all IPL announcements

July

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.

  • Peter Ker

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.

  • Peter Ker and Angela Macdonald-Smith
Mauro Neves was supposed to be running an explosives maker that feeds the mining industry.

Spilt milk everywhere as Incitec pivots, again

We have another “deal yourself in, deal yourself out” situation. And it isn’t pretty.

  • Anthony Macdonald
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Wall Street’s big run; Incitec dumps sale talks; Inside Biden’s fight

Read everything that’s happened in the news so far today.

Incitec Pivot CEO Mauro Neves has cut off sale talks with its Indonesian suitor for its fertiliser business.

Incitec Pivot ditches fertiliser sale talks with Indonesian buyer

The chemicals giant said it shelved the negotiations due to transaction delays as it flagged a $900 million on-market share buyback would still go ahead.

  • Carrie LaFrenz
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AgriProve founder Matthew Warnken: “We’re not going to incrementalise our way out of these challenges, which means that now is the opportunity to innovate.”

A farming revolution built on down-to-earth thinking

Increasing carbon levels in grazing lands could remove 10 billion tonnes of greenhouse gas emissions from the atmosphere says the winner of the Agriculture category.

  • Tom McIlroy

June

Orica CEO Sanjeev Gandhi and chairman Malcolm Broomhead at Orica House in East Melbourne.

What do Nobel, Dulux and Australia’s first high-rise have in common?

From making bricks for the 1956 Olympics to paint, explosives and mining technology company Orica’s long history mirrors the Australian economy.

  • Patrick Durkin
The Osinnikovskaya coal mine in Osinniki, Russia. Russian miners have been sidelined by sanctions placed on the country by major economies including the United States, the European Union and Australia following the invasion of Ukraine.

Russian mining membership dogs global coal lobby

Now known as FutureCoal, the organisation says it is “agnostic” after appointing a Russian director. Its members include Yancoal, Whitehaven and Incitec Pivot.

  • Peter Ker

May

Incitec Pivot CEO Mauro Neves.

Incitec’s Indonesian suitor has investors brushing up on Cooper’s woes

Indonesian state-owned businesses have not traditionally been major investors in Australia. When they have invested, it has not always turned out well.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Shareholders will back growth stories, but only if they trust management can deliver them.

How to build a cash war chest and get permission to spend it

Thursday’s two big profit results show what investors want from Australia’s big companies. And it doesn’t have to be just buybacks and special dividends.

  • Anthony Macdonald
Incitec Pivot’s new CEO Mauro Neves started in January. He says a two-year transformation phase of the Dyno Nobel explosives business should deliver a strong improvement in return on capital.

Incitec Pivot blames gas prices for $498m fertiliser write-down

But the company said it could double returns if it sold those struggling operations to Indonesia’s PT Pupuk Kalimantan Timur and focused only on explosives.

  • Simon Evans
Incitec Pivot hired a former BHP coal and copper executive, Mauro Neves de Moraes, as its new chief executive late last year.

Incitec advisers work through final checklist for $1b fertiliser deal

The army of lawyers and bankers around Incitec Pivot’s $1 billion-plus fertiliser deal are feeling good. 

  • Sarah Thompson, Kanika Sood and Emma Rapaport

April

Senator Susan McDonald, Shadow Minister for Resources, speaking at the Minerals Week conference in 2023.

Incitec Pivot fertiliser deal catches political heat

Senator Susan McDonald has told Street Talk she will push for a public examination into the sale of ASX-listed Incitec Pivot to a foreign-owned interest.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Incitec Pivot owns the Dyno Nobel explosives business and an underperforming fertiliser division.

Incitec Pivot’s drawn-out fertiliser sale rounds the finish line

Investor sources tell Street Talk new chief Mauro Neves has the market’s support to run the company as a pure-play explosives business.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

March

Fortescue says hydrogen hopes rest on a halving of power prices

Fortescue Energy boss Mark Hutchinson says Australia must get clean power prices down to $US30 a megawatt hour if it wants green hydrogen projects to go ahead.

  • Peter Ker
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February

Incitec Pivot has hired a former BHP coal and copper executive, Mauro Neves de Moraes, as its new chief executive.

Senex Energy bankers up for Incitec’s fertiliser biz

Turns out Senex Energy is not alone as it keeps vigil over Incitec Pivot’s up-for-sale fertiliser business.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Senex has signed up more gas customers to its stalled $1 billion Atlas expansion project in Queensland.

Senex covets Incitec’s fertiliser biz; board may opt for higher offer

Detractors point to a surge in Indonesia’s supply of nickel which has seen prices plunge, saying the state-owned company cannot be trusted to properly manage fertiliser supply.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Incitec Pivot has hired a former BHP coal and copper executive, Mauro Neves de Moraes, as its new chief executive.

FIRB concerns dog Incitec Pivot’s mooted fertiliser sale

An export cap has been proposed to get over this hurdle, but this has internal decision makers concerned it won’t be the hoped-for clean exit.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

December 2023

Investors face a fascinating year ahead, with megatrends likely to continue to shape the way markets perform.

Top investors name 11 long-term stock picks

Healthcare, digitisation and resources are the big themes that dominate the list of stock picks from top fund managers. 

  • James Thomson
Incitec Pivot’s new CEO Mauro Neves (left) with chairman Greg Robinson (right)

Incitec Pivot warns it could ‘walk away’ from $1.5b fertiliser deal

The company has been negotiating with Indonesia’s Pupuk Kaltim over the division, but told shareholders there were “complications” in the discussions.

  • Simon Evans

Original URL: https://www.afr.com/company/ipl-rd