Rio Tinto eyes Mongolian settlement amid succession chaos
Rio appears close to settling with investors who accused the miner of withholding information about cost blowouts and delays at Oyu Tolgoi, although it may have bigger problems in Mongolia.
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Labor wants an Australian to succeed Stausholm at top of Rio
Rio Tinto should be headquartered in Perth and run by a West Australian according to Madeleine King, who said: ‘I hope Rio Tinto think long and hard about who they choose’. Meanwhile, Jakob Stausholm and the board stay quiet on their divorce.
Meet the Indigenous entrepreneur who helped shape mining in WA
Daniel Tucker and AngloGold on the relationship that showed the way in the wake of Mabo and the Native Title Act: ‘The Federal government now spends billions of dollars now in Aboriginal businesses, goods and services. Before Tony Abbott, they did nothing.’
BHP drops a truth bomb on green iron
BHP says Chinese blast furnaces have a long way to run, and unveiled a big breakthrough with Baowu. If BHP is right, the Pilbara golden goose will be just fine, countering Andrew Forrest’s claim the region risks becoming a wasteland.
Miners blast rising union power as a significant threat to productivity
The Minerals Council of Australia says the nation’s industrial relations laws and the rise of union power are incompatible with federal Labor’s new-found focus on productivity.
Samarco millions sidestep ‘$70bn’ suit
More than 250,000 Brazilians registered for the BHP-backed compensation scheme over the deadly dam collapse. Much of the $18m a day paid out by iron ore miner Samarco is going to claimants ditching the Pogust Goodhead class action.
Smelter owner seeks taxpayer aid for critical minerals refit
Commodities giant Trafigura has its sights on a critical minerals future in Australia through a taxpayer-backed refit of its lead and zinc smelters, which employ 1500 workers.
Rough road for MinRes as its iron ore guidance downgraded
Mineral Resources has blamed problems with its accident-prone private haul road, which is central to its Onslow Iron ore operations, but insists there is reason to be optimistic.
Fortescue puts three cattle stations on chopping block
The Andrew Forrest-led Fortescue is looking to sell cattle stations it acquired in 2022 at the height of its plans to build vast wind and solar farms.
Green iron touted as a $400bn export industry
An economic think tank founded by Ross Garnaut and Rod Sims is making a case for massive taxpayer support to attract green iron investment to Australia.
Original URL: https://www.theaustralian.com.au/author/brad-thompson/page/2