This Month
Rio Tinto and Mitsui target billionaire Creasy’s Pilbara iron ore
The giant miner and Japanese trading house have bid $75 million for the legendary prospector’s iron ore tenements.
BHP says China demand for iron ore to remain strong for several years
BHP executive Rag Udd says growth in the production of electric vehicles and other machinery in China is supporting the country’s demand for iron ore.
Trump tanks markets | Virgin’s IPO | ANZ in the naughty corner
Also on this week’s podcast: why Australia’s second-biggest private hospital operator is in intensive care, Star on death watch; what was the big moment in the federal election.
‘We’re going to miss the boat’: departing BHP chair’s warning for Australia
Ken MacKenzie leaves with the miner in a state of relatively rare stability. But he fears Australia is failing to seize its next big opportunity.
March
Price check on budget forecasts
Readers’ letters on the iron ore price in budget forecasts, international exposure for self-managed superannuation funds under Donald Trump, a state-run social media platform, the ACCC’s supermarkets inquiry and the plight of young men.
Multimillion-dollar Juukan Gorge remedy payments to remain secret
The charity regulator has granted the Indigenous foundation, set up after the destruction of the 46,000-year-old site, permission to redact its revenues.
Election battlegrounds, budget vote buying, do we need a DOGE?
We take an early look at the issues that should shape the election; break down the federal budget; and ask why the Reject Shop got a French champagne takeover bid.
Housing crisis; supermarket power; don’t believe the market bounce
This week we ask how the banks can help the housing crisis, look at whether the big supermarket inquiry will really change anything, and check in on our favourite entrepreneurs in the naughty corner.
Haul road closure triggers billion dollar debt worries at MinRes
Workplace safety authorities are investigating the crucial link between the miner’s Pilbara iron ore operations and port, raising new questions about shipments.
Latest MinRes truck crash heaps more pressure on loss-making miner
A sixth jumbo road train has rolled on the critical haul network in WA’s Pilbara, raising questions over the miner’s ability to hit its shipment targets
Goldman sees risk of iron ore falling below $US80 a tonne
Goldman Sachs expects iron ore to average about $85 a tonne in the fourth quarter, though there’s a risk it could briefly trade even lower.
Recession fears | The business driving F1 | Tesla’s Musk problem
We break down an incredible week on markets, explain how super became the poster child for bad corporate governance and take you inside the F1 money machine.
Billionaire Nicola Forrest appoints UBank boss to run family office
The country’s second-richest woman has been building up the charitable and investment sides of her family office, Coaxial Foundation and Coaxial Ventures.
China’s cuts to steel production pile pressure on Australian iron ore
Fund managers say the start of production at new mines in Africa, including Rio Tinto’s Simandou project, will do more to push prices down long-term.
Trump and your super | Good news on petrol | Inside the AFR’s Summit
What Trump’s historic moves mean for your super savings; what a three-year low in oil prices mean for you at the petrol pump; and inside the Financial Review’s Business Summit.
Rio Tinto signs off on new $2.8b Pilbara iron ore project
The resources giant has flagged the need to commission a mine every year for the remainder of this decade to ensure production and ore quality do not fall.
Whyalla steelworks sought $144m cash for steel that did not exist yet
Administrator Mark Mentha says the first week of stabilising the company, including unravelling millions in prepayments, was like “drinking out of a fire hose”.
Investors warn Rio Tinto executives to scrap billion-dollar issuance
Over dinner in Sydney last week, fund managers urged chief financial officer Peter Cunningham to ditch the plans to boost the Australian register.
February
Billionaire Mark Creasy strikes third big Pilbara deal this month
The legendary prospector has agreed to sell the iron ore aspirant to ASX-listed exporter Fenix, marking the sector’s latest West Australian buyout.
Domain takeover | Whyalla wipeout | Larry Fink’s housing fix
James and Anthony break down the steelworks drama, ask whether the banks’ bull run is ending, and unpack a bold idea for mortgages.