Miners ask Fair Work watchdog to investigate union threats
The Minerals Council of Australia accused the Electrical Trades Union of making false and unlawful claims in an email sent to multiple employers using labour hire workers.
Mining Energy
How BHP’s potash dream went wrong in Saskatchewan
BHP is keeping the faith in potash long-term, but looking at better ways to get bang for its buck while global supply of the crop fertiliser ingredient works against it.
BHP cost blowouts, delays cloud CEO transition plans
BHP is staring down the barrel of a $2.5bn cost blowout and delays on its big bet on potash that complicate leadership succession plans.
The tariff maths call behind Alcoa diverting its trains
Metals major Alcoa offers one of the first insights into how big companies at the front line of Donald Trump’s tariffs are navigating the new financial world.
Resources v renewables: may the most profitable win in land stand-off
Resources companies want the most profitable project to prevail in a showdown with renewables players, who they say have been unfairly hoarding land access, while miners make the money that keeps the economy fed.
Struggling Bowen faces insolvency threat from BUMA
Cash-strapped Bowen Coking Coal is frantically trying to negotiate a deal over more than $15m owed to its former mining contractor BUMA Australia.
He’s no farmer but new Rio boss is still at the mercy of the weather
Rio Tinto’s new chief executive, Simon Trott, departs his iron ore-specific role with storm clouds lingering over the company’s capacity to hit full-year guidance.
Mount Gibson digs for gold as iron ore runs dry
Iron ore miner Mount Gibson has struck a deal with Northern Star to forge a future in gold and base metals from its Koolan Island operations in WA which has reached a tipping point.
Miners warn of carbon credit cliff
The Minerals Council also warned that a weak supply of carbon credits would raise the cost of the country’s transition to net zero.
‘What planet are they on?’: Unions demand King scrap MARS deal
Two powerful unions have accused the Albanese government of endangering workers by awarding a $35.6m contract to dismantle the Northern Endeavour to a Danish shipyard with a troubled safety record.
Rinehart backs Trott but takes swipe at Rio over Africa
Rio Tinto partner Gina Rinehart has urged Rio to let its new chief executive Simon Trott stay in Perth, while casting shade on its African iron ore project.
Back to future on carbon price with Rio
Rio Tinto is backing a price on carbon and more taxpayer funds to be poured into meeting Labor’s contentious 82 per cent renewables target.
Iron ore rally under threat as China stockpiling to slow
Iron ore prices have climbed toward $US100 a tonne on speculation of fresh Chinese stimulus, but analysts say the rally is unlikely to last as stockpiling slows.
Deals to prop up key smelters and protect jobs
Rescue packages aim to save three smelters across two states – and boost Australia’s sovereign critical metals capacity.
Rio Tinto’s CEO bet is on mining ability over bold strategy
The global miner has a full slate ahead of it and it needs a chief executive who has a record of delivery.
Simon Trott’s mountain to climb as new Rio Tinto boss
Chair Dominic Barton said Simon Trott was an outstanding leader with a ‘deep understanding of mining and a track record of delivering operational excellence and creating value’. He starts on August 25.
Safety authority in the dark about Fortsecue’s ship emergency
The ATSB says it wasn’t given ‘reportable factual details’ and it will now investigate an emergency at Port Hedland when the fully loaded iron ore carrier FMG Nicola broke down.
Green steel hype gives PM ‘safe space’ to play in China
Even the green dreams of Fortescue’s Andrew Forrest couldn’t derail official meetings in Shanghai aimed at keeping the steelmakers buying.
BHP turns to Chinese partners for decarbonisation projects
BHP will look to electrify its mining operations with the help of Chinese car maker BYD, and Hong Kong-listed battery heavyweight CATL.
500 Bowen Coking Coal jobs at risk amid liquidity crunch
Bowen Coking Coal remains locked in talks with its financiers to stave off a liquidity crisis that could mean the loss of 500 jobs at its flagship Queensland mine.
Fast-track now: Forrest’s red alert on ‘green’ metals
Mining magnate Andrew Forrest warns Australia faces an urgent race, ahead of iron ore giants including Rio Tinto and BHP meeting China’s steel makers in a crunch meeting with Anthony Albanese in Shanghai.
Victorian power firms spark EV charging fight
Victorian power distributors want to install kerbside EV chargers across the state, sparking warnings from retail rivals that it could distort market competition.
Coal body says LNP making ‘right noises’ over royalties
The coal sector’s peak body says it is having ongoing discussions with the Queensland government as it seeks to roll back a bruising royalty scheme.
Northern Endeavour sent to scandal-plagued Danish shipyard
The shipyard tasked with decommissioning the oil platform has a record of workplace accidents, illegal housing and toxic emissions – yet Canberra signed off on the deal.
Aussie rare earths miners’ value soars on Pentagon deal
Shares in Australian rare earths miners Lynas and Iluka have rocketed after a deal by the US Pentagon which could reshape the global industry.
Tariff-stricken copper left off PM’s critical minerals list
Resources Minister Madeleine King says the government is taking a ‘wait and see’ approach to adding copper to the critical minerals list, despite nickel being added after local mines started failing.
Report clears way for Victoria-Tasmania cable despite cost blowout
The Marinus undersea electricity cable is in the public interest despite cost increases, according to a report by EY and FTI Consulting which clears the development pathway.
Liontown stares down ‘killer’ prices to etch its place in WA lithium’s future
Managing director Tony Ottaviano and chair Tim Goyder are adamant the mine will not be mothballed despite facing increasing challenges.
AWU shapes as kingmaker in $30bn ADNOC, Santos deal
The fate of the $30bn offer for Santos could rest with the Australian Workers’ Union, according to investment bank Macquarie.
Another key executive departs Andrew Forrest’s green team
Fortescue’s head of decarbonisation Christiaan Heyning is the latest high-profile departure from Andrew Forrest’s ‘green team’, as it ramps up spending on solar farms and battery-powered trucks.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/2