Today
MinRes confirms Ellison exit, board rules no further penalties for MD
Mineral Resources’ embattled board has confirmed to shareholders that Chris Ellison will depart the miner.
- Mark Wembridge
Canada should consider tax on aluminium exports to the US: premier
The Quebec premier said a tax on products made by Alcoa and Rio Tinto could create leverage in negotiations with President Donald Trump’s administration.
- Mathieu Dion and Thomas Seal
Yesterday
Fortescue board hires former HSBC boss Noel Quinn
The iron ore miner and hydrogen hopeful has recruited a second British establishment figure by bringing on the former banker as a non-executive director.
- Mark Wembridge
This Month
- Opinion
- Indigenous
Why we stand up for our native title rights against Fortescue
With fair compensation for the impact of mining on our country, our people will be in a strong position to achieve even greater economic and cultural results in the decades to come.
- Michael Woodley
Senate scramble as Labor pushes ‘wedgislation’ before election
This week may be the last chance for the Senate to pass bills before Australians go to the polls.
- Andrew Tillett
Pembroke secures $875m loan to double Queensland coal development
The privately held owner of a major Bowen Basin mine has secured the debt from international investors in a sign of renewed appetite to lend to the commodity.
- Elouise Fowler
Chris Ellison’s ally says the quiet part out loud
The managing director of Mineral Resources has been telling investors and anyone who’ll listen that he’s innocent.
- Mark Di Stefano
Investors fear Chinese mine restart puts lithium resurgence in danger
CATL, the world’s largest electric vehicle battery manufacturer, is restarting its major Jiangxi operation, a move which could keep prices depressed.
- Elouise Fowler
Gupta’s woes spread to Tahmoor coal mine as hundreds stood down
The operation south of Sydney will be idle for around a month because of a failure of the company to pay bills for vital supplies.
- Simon Evans
Truck crashes on MinRes’ iron ore haul road pile up
A fifth road train has rolled over on the private haul road network, two days after the miner dismissed the possibility of another accident.
- Mark Wembridge
Homesick FIFO workers earning $190k stir talk of Pilbara unionisation
Sweeping industrial relations changes have inflamed fears among miners that the Pilbara will revert to its recalcitrant past. Unions want a seat at the table in the resource-rich region.
- Mark Wembridge and Tom Rabe
Expect more big global mining deals, says former Anglo American chief
Mark Cutifani says the world’s biggest miners are fighting for the attention of investors from less capital-intensive sectors such as technology.
- Peter Ker
January
IGO’s profit pain worsens as lithium stockpiles grow
The battery minerals producer posted a big loss in the last three months of 2024 amid a price slump and a drop in demand. It expects losses to continue.
- Updated
- Elouise Fowler
MinRes debt balloons as ASIC probes governance failures
The iron ore and lithium miner has fallen further into the red, as Australia’s corporate watchdog investigates embattled billionaire founder Chris Ellison.
- Mark Wembridge
Whitehaven sells more coal but supply depresses prices
Australia’s largest independent coal miner has fetched “disappointing” prices over the last quarter as the coal super-cycle fades.
- Elouise Fowler
Lithium price rout has bottomed out, says Pilbara Minerals chief
The WA-based lithium miner, which has lowered its production, has posted a jump in quarterly revenue following an increase in prices for the battery metal.
- Mark Wembridge
Fortescue offers $254m for nearby Pilbara iron ore deposit
Billionaire Andrew Forrest’s Fortescue has secured the backing of deposit owner Red Hawk’s board with an all-cash offer.
- Elouise Fowler and Mark Wembridge
Rio Tinto warns of iron ore disruption from Pilbara cyclone
First quarter iron ore shipments will be lower after a WA cyclone dumps one month’s rain in 24 hours and floods port infrastructure.
- Mark Wembridge
Fortescue posts record tonnes as tariff threat hangs over iron ore
Shares in Australia’s top three iron ore miners have fallen since US President Donald Trump threatened to impose 10 per cent tariffs on China.
- Elouise Fowler
Unions want ‘same-looking job, same pay’: BHP
BHP lawyers have urged the umpire to adopt a “big picture” approach to exemptions from same job, same pay laws for the company’s labour hire firms.
- David Marin-Guzman