Yesterday
MS, BofA shop $271m block trade in Pilbara Minerals
Sources said the block trade was a secondary share sale stemming from an equity collar transaction for China’s Gangfeng, which owns 5.7 per cent of Pilbara.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Biden backs Australian critical minerals miner Ioneer in Nevada
Approving the new project will significantly increase domestic lithium supply amid a push toward greater self-reliance in the critical minerals supply chain.
- Matthew Cranston
- Updated
- Mining
ASX-listed lithium giant Arcadium turns its back on Australia
The company had flagged aggressively expanding domestically. Now it says it may sell its Mt Cattlin operation and will prioritise its Canadian and Argentine assets.
- Updated
- Brad Thompson
- Opinion
- Chanticleer
Hedge funds smell blood, double down on MinRes shorts
The company is uniquely sandwiched between two of the big forces hitting Australia’s resources sector.
- Updated
- Anthony Macdonald
Housing’s vicious cycle | US debate’s investor clues | Lithium rollercoaster
This week on the Chanticleer podcast, James and Anthony examine why housing is eating the economy, decipher what the presidential debate really means for investors, and explain why it’s a fascinating time for the lithium sector.
- Updated
- Anthony Macdonald and James Thomson
Traders gear up for commodity rally as supply shocks rock markets
Australian miners notched their best week so far this year as investors rush back to the beaten-up sector in hopes the commodities comeback is just beginning.
- Alex Gluyas
Meet the lithium high-climber taking on the short sellers
Pilbara Minerals CEO Dale Henderson thrives on a challenge and hard work, and is willing to tackle everything from Chinese lithium buyers to Himalayan mountains.
- Brad Thompson
- Opinion
- Chanticleer
IGO boss rides lithium rollercoaster with the EV faithful
Large cap miner IGO is one of the faces of the critical metals rout. It’s hit its new CEO harder than most.
- Anthony Macdonald
Lithium will be a rollercoaster for the next 10 years, says IGO boss
Ivan Vella says his company will capitalise on extremely volatile prices for the battery material over the next decade and add a new mineral to its portfolio.
- Peter Ker
- Opinion
- Chanticleer
Lithium finds a bottom, but beware Chinese whispers and false dawns
It only took a rumour to set a fire under global lithium stocks. There’s more drama and pain ahead for the sector, but at least true believers have hope now.
- James Thomson
MinRes calls bottom on lithium as price pain spreads to China
Lithium stocks have bounced as rock-bottom prices finally take their toll on one of China’s biggest integrated miners and battery makers.
- Brad Thompson, Elouise Fowler and Alex Gluyas
Lithium stocks roar back as short sellers scramble on mine closure
Some of the sharemarket’s most shorted lithium stocks surged after reports that a major project has been suspended in China, which could be a boon for prices.
- Alex Gluyas
MinRes slashes worker conditions as it pockets $1.1b from asset sale
FIRB approval clears way for MinRes to sell down its stake in Onslow Iron haul road as it cuts costs with big changes to worker rosters.
- Brad Thompson
Global Lithium directors quit board averting fiery vote
Global Lithium directors Greg Lilleyman and Hayley Lawrance will resign as non-executive directors ahead of a contested shareholder vote to oust them.
- Brad Thompson
Arcadium to mothball Mt Cattlin amid low lithium prices
The collapse in lithium prices has claimed its first major victim in Western Australia.
- Elouise Fowler
The only profitable lithium mine in Australia revealed
Every Australian lithium mine is losing money except for the famously low-cost Greenbushes, which could withstand a deeper commodity price rout.
- Elouise Fowler
US and Australia ink critical minerals funding pact
The cooperation bolsters a push that Washington and Canberra have already unleashed to create non-Chinese supply chains in minerals needed for decarbonisation and defence.
- Elouise Fowler
MinRes Air propelled by Multiplex heir Tim Roberts
Mineral Resources’ former director Tim Roberts is half owner of a new airline that Chris Ellison reckons will boost retention at the debt-laden miner.
- Peter Ker
August
World’s largest lithium mine to lift output, resisting slump
Lithium output at Greenbushes may increase even as miners across the world slash production amid the prolonged slump in prices for the battery metal.
- Elouise Fowler
- Analysis
- Bonds
What debt crisis? MinRes bondholders are relaxed (for now)
“Nervous nellies” in Australia are fretting about the company’s debt levels, but its billionaire boss reckons US bond investors would prefer to talk fishing.
- Peter Ker