This Month
Rio Tinto rules out unification, mulls ASX share issuance
Rio Tinto boss Jakob Stausholm says he wants to bolster the Australian side of the dual-company structure, not unify it with the British side.
- Peter Ker
Lithium bear market tipped to intensify in 2025
Bank of America has slashed its forecasts for the battery mineral and also warns that iron ore could fall to $US75 a tonne. But there is one commodity that the broker is tipping will go on a tear next year.
- Updated
- Alex Gluyas
Pilbara Minerals ‘to pop’ as short sellers now target uranium
The lithium producer is no longer Australia’s most shorted stock after its exclusion from a widely tracked index, prompting hedge funds to shift their focus.
- Alex Gluyas
November
Ignore the short sellers and buy this uranium stock: Tribeca
Portfolio manager Guy Keller is betting Donald Trump’s return to the White House will kick off a “new energy paradigm” and investment opportunity in nuclear.
- Joanne Tran
Paladin cuts ‘ambitious’ uranium production targets
Criticism that the West Australian miner had been overly optimistic in its expectations is ‘fair comment’, says chief executive Ian Purdy.
- Mark Wembridge
October
This ASX uranium stock might be on the cusp of a short squeeze
Tribeca portfolio manager Todd Warren explains why he’s bullish on uranium and says stocks linked to the energy transitions are a steal.
- Joanne Tran
Takeovers Panel mulls rare backflip on Rio Tinto’s uranium gambit
The Takeovers Panel will review a decision from only a fortnight ago, potentially reopening a running war between Rio Tinto and minority investors in ERA.
- Anthony Macdonald
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
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
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
Nine CEO exits; Trump doubts new debate; Putin threat boosts uranium
Read everything that’s happened in the news so far today.
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
August
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
- Opinion
- Chanticleer
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 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
- Opinion
- Chanticleer
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 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
- Exclusive
- Political lobbying
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