Spotlight on WA as Albemarle mothballs China lithium hub
The lithium heavyweight will shut a processing plant in China as it continues to cut costs, in a move that casts more doubt on the future of refineries built in WA.
Mining Energy
Warning of 70pc rise in energy bills in decade
Australians have endured substantial increases in their energy bills and a think tank has warned more is inevitable without policy changes.
Scrutiny on key minerals firm’s board stoush
Treasury is monitoring the takeover of one of the nation’s biggest critical mineral companies, as the chair of Global Lithium Resources quit after losing a battle with a group of China-linked shareholders.
Iron ore and LNG giants brace for impact of massive cyclone
The strongest cyclone to hit WA in years is set to disrupt iron ore and LNG production.
‘Didn’t work last time’: South32 casts doubt on Trump tariffs
South32 CEO Graham Kerr says Donald Trump’s tariff rollout likely to fail for a second time as higher costs are passed on to end users of aluminium.
Northern Star hits ‘honey pot’ left behind by Newmont, Barrick
Northern Star will reap the rewards for fixing a problem global gold majors Barrick and Newmont put in the too hard basket.
China-linked directors to dominate board of lithium firm
Global Lithium’s chair is walking away after repeatedly calling on Australian regulators to intervene and block a group of allegedly ‘associated’ investors from gaining control of the board.
New chair in the bank, BHP leadership focus shifts to CEO
After locking in former NAB boss Ross McEwan as its next chairman, the mining giant will turn its attention to finding a suitable successor for chief executive Mike Henry.
Banker Ross McEwan will shape BHP for decades to come
The former NAB chief executive has one major job ahead as he takes on Australia’s most powerful board role.
Shareholders revolt at cobalt deal that leaves them empty handed
The board and management of cobalt play Jervois Global have been accused of tearing up $1.6bn in shareholder value as they push ahead with a voluntary administration deal in the US.
AGL eyes gas peaker in every state
AGL has also unveiled a target of formally approving the construction of 1.4GW of batteries over the 12-18 months, if the regulatory landscape improves.
Gold miner Evolution flags dividend bonanza
Evolution is sitting pretty with its gold and copper mines but sees industry appetite for M&A.
Origin to win prized transmission access
Securing access to a key cog in the NSW renewables plan will come as relief to Origin following its $300m acquisition of the giant Yanco Delta wind development.
Strike action hits Rio-backed aluminium smelter
More than 500 workers from the Newscastle smelter have started industrial action over pay as Anthony Albanese pleads with Donald Trump for tariff relief.
Greens keen to pull taxpayer rug from beneath coal, gas
The Greens will use any power they have in a post-election hung parliament to axe taxpayer support for the coal and gas industry.
Tariff threat: Aluminium producers fight to protect smelters and jobs
Australia’s top manufacturing export industry is bracing for the fallout from hefty Trump tariffs on aluminium.
Pilbara Minerals flags big loss on lithium
The miner is counting the cost of investments in lithium processing as prices for the battery-making ingredient flatline.
Anti-gas activists escape jail for protest outside Woodside CEO’s home
The trio behind a controversial attempted protest at the home of Woodside chief executive Meg O’Neill have learnt their fate for the stunt.
The fast-track gas supply plan to fix shortfalls in SA, Victoria
Imported gas could soon be flowing into SA and Victoria and powering industrial users, as part of a plan to fast-track new supplies by a Dubai-based company.
Coal workers stood down as mining group’s debts mount
Over 400 workers at Tahmoor Coal in NSW have been stood down and production curtailed, as rumours swirl that Sanjeev Gupta’s debt worries have spread.
Original URL: https://www.theaustralian.com.au/business/mining-energy