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.
Mining Energy
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.
Miners’ blast to Treasurer: don’t waste our billions
Mining chiefs have accused Jim Chalmers of squandering surpluses they helped deliver and warned the budget will remain in deficit unless spending is reined in and fiscal discipline applied.
Catsoulis bounces back from bankruptcy with mystery project
Twice bankrupt mining promoter David Catsoulis has another project on the go which is ‘one of the world’s richest precious metals deposits’, but denies it even exists.
Everybody’s a loser from Labor’s disastrous energy policies
The chorus of complaints against Labor’s energy policies are finally growing too loud to ignore.
Legal twist in bid to halt Papua mine sales
The case seeks to build on a previous ruling that any product traded in the UK produced through forced labour in another country constitutes a proceed of crime.
Too late to avert a gas crisis in Victoria, says Woodside
Woodside Energy says it’s too late to avoid an economically damaging gas shortfall in Victoria thanks to a decade of political opposition to the fossil fuel industry.
Beach energy underwhelms market with dividend
The payout to investors overshadowed a 20 per cent jump in earnings that cements expectations that the company is well-placed in achieving its corporate turnaround. Shares slump.
Chris Ellison-led Mineral Resources hit by another road train crash
Embattled Mineral Resources reports latest truck accident to mining safety authorities.
Tipping point: Rio flags battery power future as coal costs rise
Rio Tinto’s aluminium boss says its smelters in NSW and Queensland are doomed if they rely on coal-fired power stations, as cheaper battery storage for green energy becomes more viable.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/2