NewsBite

Mining

Yesterday

CITIC says it is fast running out of room to move at the  Sino Iron magnetite operations in WA.

Judge backs CITIC claim that 3000 jobs at risk in Clive Palmer dispute

A WA Supreme Court judge says the mine that represents China’s biggest investment on Australian soil could have to shut down within a few years.

  • Brad Thompson
Chalice Mining managing director Alex Dorsch says Mitsubishi has “access to pools of capital which have a very low cost relative to other capital”.

Chalice cops a beating on back of weak link to Mitsubishi

The miner’s share price plunged almost 20 per cent after the market was underwhelmed by the potential tie-up with the Japanese giant.

  • Brad Thompson

This Month

Liontown boss Tony Ottaviano  says the Kathleen Valley lithium mine will start producing on time and on budget.

Liontown’s future tied to Korean battery giant in $379m funding deal

Liontown boss Tony Ottaviano says the company’s flagship Kathleen Valley mine would be in production on-time and on-budget before the end of the month.

  • Brad Thompson
Argentina is part of the South American lithium triangle, a focus for explorers and developers of the commodity, including Lake Resources.

Lithium play Lake Resources slashes jobs and puts assets up for sale

The ASX-listed group said this would allow it to focus on its flagship $2 billion Kachi project in Argentina, which has already been delayed until 2027.

  • Brad Thompson
Former Fortescue iron ore chief executive Fiona hick has joined the board of evolution Mining.

Fortescue’s ex-iron ore boss joins Evolution board after abrupt exit

The long-time resources executive has become a director of the gold and copper producer almost a year after leaving Andrew Forrest’s iron ore and energy group.

  • Brad Thompson
Advertisement
Chinese electric vehicles face big tariffs in Europe and the US.

Officials warn US, EU manufacturing boost could hit Australian miners

China is Australia’s largest buyer of resources, and in the last financial year accounted for $156 billion in sales, to feed its factories and power stations.

  • Elouise Fowler

June

Tianqi’s processing plant in Kwinana, south of Perth. The company would be eligible for tax credits under the government’s draft proposal.

Labor plans to open $13.7b critical minerals incentives to Chinese firms

China’s Tianqi and other foreign-owned entities are poised to qualify for the production tax credits, the draft eligibility guidelines reveal.

  • Updated
  • Brad Thompson
Ray David, of Blackwattle Investment Partners, says Rio Tinto’s dual-class structure is antiquated.

How a shake-up could unlock $40b for Rio Tinto investors

BHP cleaned up its outdated corporate structure and can now do things like bid for Anglo American. There is pressure building on Rio Tinto to consider doing the same.

  • Anthony Macdonald
Lynas Rare Earths boss Amanda Lacaze.

Lynas to break China’s heavy rare earths stranglehold

The Amanda Lacaze-led miner will start producing two critical minerals that are essential to the US and its allies from next year.

  • Brad Thompson

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

BHP’s carbon emissions to increase this year

However, the company says it is still on track to reach its self-imposed 2030 emissions target without buying carbon offsets.

  • Elouise Fowler
Czech entrepreneur and investor Pavel Tykac.

Czech coal baron’s bid for control of ASX miner collapses

Pavel Tykac’s family office, Sev.en, agreed to buy 51 per cent of Coronado, but the deal will not proceed after failing to get past FIRB in time.

  • Updated
  • Elouise Fowler
Broadcaster  Tucker Carlson and billionaire Clive Palmer are on a speaking tour of Australia.

Palmer confident on $40b coal damages claim

Billionaire Clive Palmer says his Singapore business could take the Commonwealth to the cleaners over a stalled coal project in Queensland’s Galilee Basin.

  • Brad Thompson
.

ASX-listed uranium miner seeks to build $5.26 billion global giant

Paladin Energy has pitched a takeover of Toronto-listed Fission Uranium to bring its proposed Canadian mine into production by 2029 to meet global demand. 

  • Elouise Fowler
Mining billionaire Chris Ellison says the decision to shut iron ore mines in the Yilgarn was not taken lightly.

MinRes weighs up rail fleet sale as axe falls on iron ore mines

But the company, run by billionaire Chris Ellison, said demand remained strong and that closures of the operations had nothing to do with concerns about price.

  • Brad Thompson
Advertisement
.

Uranium explorers powered by short supply, nuclear renaissance

Seven ASX-listed explorers raised a total $323.22 million, a 50 per cent increase from the previous quarter.

  • Elouise Fowler
Mining billionaire Chris Ellison says the decision to shut iron ore mines in the Yilgarn was not taken lightly.

Mineral Resources to shut iron ore mines employing 1000 workers

Chris Ellison’s Mineral Resources will shut iron ore mines and look for jobs for about 1000 displaced workers in other parts of the company.

  • Brad Thompson
Tianqi chief executive Frank Ha says the company deserves a fair go after pioneering onshore processing in Australia.

Chinese lithium pioneer calls for ‘fair go’ in Australia

Tianqi Lithium says it deserves access to the billions in tax incentives put up by the Albanese government, as it prepares to host Chinese Premier Li Qiang and Prime Minister Anthony Albanese.

  • Brad Thompson and Andrew Tillett
Andrew Forrest at the opening for a new Fortescue Zero factory in Oxfordshire last October.

Fortescue’s British Formula 1 car designer loses CEO

The Williams Advanced Engineering boss is the latest executive to exit Andrew Forrest’s empire. WAE is central to the company’s batteries ambitions.

  • Brad Thompson
Julie Shuttleworth has quit Fortescue after 11 years in senior management and executive roles.

Forrest lieutenant Julie Shuttleworth exits Fortescue after a decade

Her departure adds to the growing list of executives who have left Fortescue recently. Ms Shuttleworth said she was leaving to spend more time with her family.

  • Brad Thompson and Peter Ker

Original URL: https://www.afr.com/topic/mining-5zq