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Uranium

Yesterday

Uranium stocks have rebounded lately.

Paladin’s $1.5b uranium deal slowed by national security probe

Canada has launched a national security probe into Paladin Energy’s proposed acquisition of Fission Uranium as Chinese partners try to influence the deal.

  • Peter Ker

September

Lithium stocks propelled the ASX higher this week.

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
Uranium stocks rallied on Thursday.

Putin’s ‘jawboning’ of the West with uranium threat unleashes rally

Commodity markets have been rocked after the Russian president suggested limiting metal exports, but pundits are divided on whether he will follow through.

  • Alex Gluyas
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Nine CEO exits; Trump doubts new debate; Putin threat boosts uranium

Read everything that’s happened in the news so far today.

Ranger uranium mine rehab project in the Northern Territory

Uranium mine shareholders try to delay Rio Tinto capital raise

The Takeovers Panel confirmed two of the uranium miner’s shareholders are trying to delay an $880 million capital raise backed by major shareholder, Rio Tinto. 

  • Elouise Fowler
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August

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Rio Tinto poised to take control of uranium project clean-up

Rio Tinto is attempting to end decades of disputes with minority investors, traditional owners and governments over the project in the Northern Territory.

  • Elouise Fowler
Jakob Stausholm

Rio Tinto takes bazooka to uranium fight

Rio Tinto used its price setting power to blow minority shareholders out of the water.

  • Anthony Macdonald
ERA signalled on Monday that chief executive Brad Welsh was likely to exit the company soon.

ERA faces shareholder backlash as it flags $210m capital raise

The Rio Tinto controlled company needs to raise money to rehabilitate the Ranger uranium mine in the Northern Territory. Some investors are not happy.

  • Peter Ker
It is lawyers and advisers at 10 paces in the battle for ERA.

The ASX’s uranium stocks are on a bull run – except this one

You could not pick a better day to launch a uranium play’s equity raising. Stocks are flying. But investors see one company as nothing but a giant hole.

  • Anthony Macdonald

Energy Resources of Australia seeks at least $210m, taps three brokers

ERA shares were halted ahead of market open on Monday as the Rio Tinto majority-owned company deals with the government veto of its Jabiluka uranium plan.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Paradice’s Sam Theodore oversees the firm’s latest small caps strategy.

Paradice’s Sam Theodore sees riches in these uranium stocks

The former Blackrock hedge fund manager’s recent trip to Paladin’s flagship Namibia mine has made him more bullish on the controversial energy source.

  • Joanne Tran

Jabiluka uranium owner warns of Christmas cash crunch

ERA has fully impaired the controversial Jabiluka deposit and will need to raise billions of dollars to complete rehabilitation of uranium mines near Kakadu.

  • Peter Ker
ERA chief executive Brad Welsh and former Labor MP and Midnight Oils frontman Peter Garrett.

Jabiluka mining boss sidelined while Albanese met Peter Garrett

Brad Welsh, the chief executive of Energy Resources of Australia, says he was shocked about the abrupt cancellation of the lease announced last month.

  • Peter Ker
Sandstone escarpment and bim (rock art) on Jabiluka’s mineral lease.

‘Arguable’ case over axing Jabiluka mine permit, judge says

Energy Resources of Australia, leaseholder for the Jabiluka uranium mine, secured an 11th hour legal win just days before the permit was set to expire. 

  • Elouise Fowler
Reserve Bank governor Michele Bullock.

The RBA is not failing in its mission to keep inflation under control

Readers’ letters on the Reserve Bank and interest rates; bans on uranium mining; the future of a republic; smoke and mirrors in Victoria; challenges for private health companies; and marvellous maggots.

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Madeleine King has been asked to explain why she refused to extend a mining lease at Jabiluka.

Why Jabiluka going to court may not be the last twist

When the answer is suing the government, you know there are problems. The almost-broke ERA has many.

  • Anthony Macdonald

Kim Beazley is utterly wrong, says Paul Keating

Former prime minister Paul Keating writes on WA’s risk from China; other writers on uranium mining in Jabiluka; Ismail Haniyeh’s death; lack of AUKUS transparency; and NSW eviction laws.

July

Rio boss dismisses Jabiluka uranium ‘extortion’

Jakob Stausholm says precious cultural heritage at Jabiluka made it a no-go zone and advocates for a uranium mine were engaging in “extortion”

  • Peter Ker
Beware politicians looking to score points on mining decisions.

When politics and miners mix, investors get hurt

The last thing investors need in Australian mining is more shocks like the ban on uranium mining at Jabiluka. The industry is doing it hard enough.

  • Anthony Macdonald
The Ranger uranium mine in the Northern Territory, owned by ERA, stopped mining in 2012. Now it is a big and costly clean-up job.

States should drop ‘ridiculous’ uranium bans: Mundine

Former ALP national president Warren Mundine says state government should end their bans on mining uranium, and the Mirrar people should be able to negotiate whether the practice remains at Jabiluka.

  • Updated
  • Staff

Original URL: https://www.afr.com/topic/uranium-hv6