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Kidman Resources

June

Man accused of using inside information to trade shares

Duncan Stewart, charged with four counts of insider trading of Kidman Resources stock, will face a criminal trial in Melbourne next month.

  • Elouise Fowler

May

Duncan Stewart leaving the Melbourne Magistrate’s Court

Magistrate to decide if alleged Kidman insider trader faces trial

A magistrate will decide next week if Duncan Stewart will face a criminal trial for allegedly buying shares in lithium miner Kidman Resources with inside information. 

  • Elouise Fowler
Duncan Stewart entering Melbourne Magistrate’s Court on Wednesday.

Kidman Resources boss ‘likely’ source of insider information, court hears

The corporate cop claims Martin Donohue “is the most likely source” of inside information relied on by his brother-in-law Duncan Stewart to buy shares in the firm.

  • Elouise Fowler
Duncan Stewart leaving the Melbourne Magistrate’s Court on Tuesday.

Market speculation may justify share buys: ASIC insider trading case

Duncan Stewart is charged with buying Kidman shares in April 2019 while aware that Wesfarmers had made a proposal to buy the company.

  • Elouise Fowler

October 2023

Western Australia is in the midst of a lithium investment boom.

Can brains disrupt Australia’s lithium mining brawn?

Some of the world’s biggest and smallest companies reckon technology can disrupt Australia’s lithium boom by unlocking vast new supplies and crushing prices.

  • Peter Ker
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November 2019

Wesfarmers managing director Rob Scott.

Wesfarmers share rally: 'It's not a bank'

Wesfarmers is reaping the rewards of a demerger as well as an investor preference for solid, stable companies with a decent yield.

  • Sarah Turner

September 2019

Kidman Resources founder Martin Donohue down on his one of his two  farming properties in Victoria.

Road to redemption: Inside Kidman's $776m deal with Wesfarmers

How Kidman Resources founder Martin Donohue went from shamed stockbroker to doing lithium deals with SQM, Tesla, Mitsui, LG Chem and ultimately one of Australia's most respected companies.

  • Brad Thompson
Kidman Resources supplies lithium to Tesla.

Kidman's Martin Donohue almost $10 million richer

Believe it or not, Wesfarmers now has a lithium division.

  • Myriam Robin
Wesfarmers managing director Rob Scott.

Wesfarmers keeps faith in lithium ahead of Kidman shareholder vote

Rob Scott-led conglomerate backs $776 million takeover to deliver as battery mineral takes a battering.

  • Brad Thompson

August 2019

SQM produces lithium from the salt lakes of South America.

SQM has more bad news for Aussie lithium miners

An oversupply of lithium is denting Chilean giant SQM's profits, but a desire to win back market share will see it dramatically increase production in more bad news for Aussie lithium miners.

  • Peter Ker and Tim Boyd

June 2019

Rob Scott faced tough questions from analysts about the wisdom of electric vehicle-based investments.

Rob Scott flags more investments in the electric vehicles sector

Wesfarmers boss Rob Scott has faced tough questions from analysts about the wisdom of electric vehicle-based investments and teaming up with SQM.

  • Brad Thompson
Kidman Resources rose from a micro-cap to the verge of a billion-dollar market value on the back of the lithium boom,

Commodity House the big winner from Wesfarmers' Kidman deal

A top six shareholder in takeover target Kidman Resources was bought for $2.

  • Peter Ker

May 2019

Galaxy and Alliance are following in the footsteps of Australia's original lithium mine at Greenbushes in WA.

Alliance gives Galaxy front row seats to next lithium IPO

When Galaxy Resources started buying shares in lithium exporter Alliance Mineral Assets, it was securing more than just a valuable acquisition option.

  • Peter Ker
Pilbara Minerals' Pilgangoora lithium mine.

Warning that lithium prices may fall a further 25pc

The year-long slide in lithium prices is not over, according to Chilean producer SQM, even as demand for the mineral will jump 17 per cent this year.

  • Peter Ker
Wesfarmers managing director Rob Scott.

Investors wary of more cost blowouts on Wesfarmers lithium deal

Rob Scott-led Wesfarmers has locked in support of a global lithium giant and taken a big step toward electric vehicle exposure.

  • Brad Thompson
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Once known for iron ore, Wodgina is now one of the world's most significant lithium mines.

Albemarle warns on Wodgina if lithium demand is soft

US giant Albemarle will switch off its new lithium asset in Western Australia's Pilbara region if demand for the battery commodity proves to be weak.

  • Peter Ker
Shares in Kidman Resources have been trading above the Wesfarmers offer price this week.

Kidman not aware of rival bids as shares exceed Wesfarmers' offer

Kidman shares might be trading above Wesfarmers' offer price, but chairman John Pizzey says he is not aware of rival suitors for his lithium company.

  • Peter Ker
Lithium is increasingly being used in batteries for electric vehicles.

Battery makers move slower on hydroxide, says US lithium producer

The battery trend boosting the viability of Australian lithium miners is progressing slower than expected, according to US lithium producer Livent.

  • Peter Ker
Despite already supplying lithium to Tesla, Kidman Resources is five years away from a profit.

Kidman Resources chief had a rocky start

If some bluechip institutional investors are jittery about the proposed acquisition, the rather unconventional history of Kidman chief Martin Donohue won't give them comfort.

  • Myriam Robin
Kwinana destined to become a world leading EV hub?

Kidman cashes in on Wesfarmers' electric dreams

Five years ago Martin Donohue went looking for Western Australian gold and found the world's third-biggest lithium deposit.

  • Matthew Stevens

Original URL: https://www.afr.com/company/kdr-uz