Liontown scaling back Kathleen Valley production
Just three months after opening the $950m mine, the Gina Rinehart-backed miner is in survival mode.
Just three months after opening the $950m mine, the Gina Rinehart-backed miner is in survival mode.
Lynas Rare Earths boss Amanda Lacaze predicts US-Australian co-operation on critical minerals supply chains will continue to grow under the new Donald Trump administration.
MinRes’ partner, New York-list Albemarle, says lithium prices will stay ‘lower for longer’ which is likely to increase pressure for a wind-back of operations at the Wodgina mine in WA.
Donald Trump has threatened to wind back green subsidies in a move that could spell more trouble for critical minerals producers grappling with weak prices.
Australia’s corporate watchdog has ramped up its investigation into Mineral Resources managing director Chris Ellison over his involvement in an elaborate tax evasion scheme.
The mining magnate has stressed China’s ‘horsepower’ means trade will be healthy despite US election results, while outlining Fortescue’s future green energy plans.
Future Fund has raised issues with MinRes boss Chris Ellison along with BHP over the handling of its Samarco disaster.
Fortescue intends to grant performance rights regardless of whether shareholders vote down the move at the company’s annual meeting in Perth on November 6.
Mineral Resources founder Chris Ellison had an uncompromising style that has delivered billions of dollars in profits, but a late twist has muddied his reputation.
The board-ordered investigation found mining billionaire Chris Ellison had at times failed to act with integrity and financial benefits flowed from Mineral Resources to parties, including his daughter. Shares drop more than 8 per cent.
Original URL: https://www.theaustralian.com.au/author/brad-thompson/page/26