‘No mistake’: Chinese duo’s GPS probed over mine site trespass
GPS data is being analysed as police investigate links between one of China’s biggest rare earths players and two men detained for trespass at an Australian-backed mining project.
GPS data is being analysed as police investigate links between one of China’s biggest rare earths players and two men detained for trespass at an Australian-backed mining project.
Chinese mining employees have been charged with criminal trespass as a Perth-based company moves to protect its rare earths prize in southeastern Africa.
ASX-bound Greatland Gold’s $700m-plus deal for gold and copper mines is making its backers, including Andrew Forrest, a lot of money. But it took connections and luck to make it happen.
Gina Rinehart-backed MP Materials is now stockpiling rare earth concentrate after it halted exports to Chinese customers amid the trade war playing out between Beijing and Washington.
BHP chief executive Mike Henry says reaching the 40 per cent female employee milestone across its global ranks has given the miner a ‘distinctive competitive advantage’.
In the latest twist in a long-running legal battle, billionaire Clive Palmer has hit Chinese conglomerate CITIC with a huge claim for unpaid royalties.
Efforts to clean up its act after a series of scandals are in disarray, with two Mineral Resources independent board members quitting as proxy advisers turn up the heat on directors who sit on other boards.
The mining heavyweight, led by Jakob Stausholm, has warned of an uncertain future as tariffs bite but points to green shoots in China.
Fortescue has started work on one of the giant solar farms it needs to turn iron ore mines green and is forking out $350m for electric drill rigs.
China’s action in moving to cut off the supply of rare earths and permanent magnets to the Western world underlines the need for Australia to create a strategic reserve of critical minerals.
Original URL: https://www.theaustralian.com.au/author/brad-thompson/page/8