Today
MinRes named the best stock to ride 2025 lithium bull run
Morningstar says now is the time to pile back into these shares before prices of the battery material go on a tear next year.
- 1 hr ago
- Alex Gluyas
- Opinion
- Chanticleer
Rio Tinto’s push to protect women is making both sexes angry
The attempt to address sexual harassment and bullying captures the collision of the push for increased diversity and another against so-called wokeness.
- James Thomson
Yesterday
Global Lithium delays AGM over foreign influence fears
Minority shareholder Leon Zhu denies his push to join the board is a “Chinese-led conspiracy” as the WA Supreme Court gives the FIRB almost 3 months to probe claims.
- Mark Wembridge
This Month
Resolute Mining to pay $250m to settle West Africa tax dispute
ASX-listed gold miner’s chief executive and two other staff remain held by Malian authorities after ransom-style shakedown.
- Mark Wembridge
- Opinion
- Chanticleer
Glencore, BHP & Co’s $9.4b wealth transfer now just part of life
Miners running up to Queensland is a good example of how business is playing Australian politics, where state premiers are the ones in high demand.
- Anthony Macdonald
Albemarle says West cannot end reliance on China in critical minerals
CEO Kent Masters says “returns are not there” to pivot lithium supply, crucial for the EV industry, to the West because of low prices and high operating costs.
- Amanda Chu
MinRes flags role in related-party rent relief scheme
The beleaguered miner sought $158,000 repayment from companies linked to the daughter of billionaire founder Chris Ellison.
- Updated
- Mark Wembridge
- Investigation
- Governance
The $45m MinRes property deal – with the Ellisons on the other side
Investors in the iron ore and lithium miner would have had no idea that MinRes’ joint venture partner in a big Perth real estate play was the company’s founder.
- Neil Chenoweth and Mark Di Stefano
- Opinion
- Chanticleer
This ASX giant is primed for a Trump bump. Australia is already losing
In the last few years, Orica, an $8.6 billion company, has invested $2 billion in the US that should have been spent in Australia. Could that capital flight get worse?
- James Thomson
Orica profit jumps on demand for explosive technology
The chemicals and explosives maker boosted its margins by selling digital blasting technologies and premium products to miners.
- Mark Wembridge
MinRes mothballs Bald Hill mine as lithium collapse takes toll
About 300 jobs are at risk after Mineral Resources became the latest producer to fall victim to the dive in prices for the battery metal.
- Updated
- Mark Wembridge and Peter Ker
MinRes admits it failed to disclose related-party transactions
The West Australian miner says it cannot say why it did not tell shareholders, claiming the board would be “speculating” if it tried to give a reason.
- Mark Wembridge
US mining legend Robert Friedland plots ASX listing
The billionaire businessman says he will list his iron ore assets in Australia next year and will use an IPO to fund acquisitions of local critical minerals projects.
- Peter Ker
- Updated
- Lithium
Liontown slows lithium mine expansion in battle to survive
Australia’s newest exporter is scaling back its growth plans to try to save $100 million and survive a bear market for critical minerals.
- Updated
- Peter Ker
Mining stocks whacked as iron ore slumps towards $US100
Shares in Fortescue dropped 7.3 per cent and BHP fell 4.1 per cent as China’s underwhelming stimulus package weighed on iron ore prices.
- Updated
- Alex Gluyas
Incitec Pivot unwinds fertiliser business as write-offs spike to $1b
The company’s new chief executive, Mauro Neves, says he wants to offload the division by the end of next year. And he expects strong economic growth in the US.
- Simon Evans
Resolute Mining loses $500m after junta detains CEO in West Africa
Tax and contract dispute with authorities in Mali wipes $468 million from Australian gold miner’s market value
- Mark Wembridge
Unions ramp up attacks on mining sector amid calls to re-unionise Pilbara
One of Australia’s biggest unions has launched a broadside on mining giant Rio Tinto, accusing the company of “cowardice” and called on Pilbara workers to re-unionise the resources sector.
- Tom Rabe
Global Lithium alleges Chinese investor wants to seize control
The Chris Ellison-backed explorer is trying to call off its annual meeting, and has appealed to FIRB. It says a minority shareholder is trying to take over.
- Mark Wembridge and Peter Ker
Moody’s downgrades MinRes as big investors demand board overhaul
The credit ratings agency has cut the lithium and iron ore miner to negative, citing the “negative implications” of its governance issues.
- Mark Wembridge