Origin investors eye windfall as Octopus prepares for break-up
Origin was an early investor in Octopus Energy, now the UK’s largest electricity and gas retailer. As the company mulls a split, shareholders in Origin stand to benefit.
Mining Energy
Unions win landmark test case against BHP for ‘same job, same pay’
Fair Work rejects the mining giant’s opposition to pay rises in a test of the Labor government’s laws encouraging equal pay for labour-hire workers doing the same job as the directly employed.
SA firm trumps the big boys in monster $100m BHP payday
A family-owned SA trucking company has outbid major transport operators to secure $100m in new contracts with mining giant BHP.
MinRes board shake-up puts asset sales in the spotlight
Mineral Resources has added some financial talent to its board as the company looks to reduce a $5.4bn net debt pile.
Alarms raised over Victoria’s 9GW offshore wind electricity generation plan
Victoria’s plan for an offshore wind-powered electricity generation industry by 2040 faces a significant risk of being derailed, says the nation’s top clean energy investor group.
Torture, burning, murder: just the tip of the iceberg in PNG
The case of a young woman horrifically tortured in front of a group of men before being murdered is significant not because it’s unusual but because it is all too common.
‘Tribal law’ masks domestic violence
In a country awash with Australian police funding, why are so many Papua New Guinean women dying such brutal deaths?
Thin red line: the farmers blocking a proposed $4bn renewables rollout
Victoria’s VNI West electricity interconnector has been hit with a two-year delay as farmers shut their gates and declare: ‘they won’t step foot on my land’.
Spanish giant out in front for $4bn VNI West project
Spanish renewable energy giant Iberdrola is in pole position to win the development partner contract for the $4bn electricity transmission line between NSW and Victoria.
King points to China’s hand in demise of Aussie mineral smelting
The Albanese government faces tough calls on sovereign capability and the future of Made in Australia, as China ramps up minerals processing.
Outage sparks east coast gas price surge
A production issue at ExxonMobil’s Gippsland facility sent gas prices to nearly $20/GJ, which will strain heavy users and the national market.
Beetaloo ‘myth’ challenged by climate group eyeing Abu Dhabi’s deep pockets
The Beetaloo has enough domestic gas for 237 years and the overwhelming majority will go offshore, a new report has found as environmentalists sharpen opposition to the development.
Made in Australia dreams are crumbling, warns Glencore
Glencore may make a grim call on its loss-making copper operations within weeks as the US, Australia, India and Japan join forces to condemn critical minerals market manipulation.
Green setback as Victoria’s interconnector delayed
The $4bn Victoria-NSW VNI West electricity interconnector has been hit with a fresh two-year delay in a major blow to Australia’s plans to reach ambitious renewable energy goals by the end of the decade.
Fortescue directors strike gold with Greatland
Long-time Fortescue directors Mark Barnaba and Elizabeth Gaines have made a glittering start to the financial year via the Andrew Forrest-backed gold producer, Greatland Resources.
‘Labor’s toxic Endeavour decision breaks law’
Resources Minister Madeleine King denies a union and local business claim that Australia is breaking an international treaty by sending the oil platform to Denmark for decommissioning.
‘The job is never done’: Ryan Stokes on Boral’s big rebuild
The sought-after Boral boss is stepping down after just over three years, as he reveals his next plans.
ASIC sues NSW coal power operator Delta
The complaint carries the potential for a hefty fine as the watchdog tightens oversight of the electricity market.
Gas crisis as Bowen calls on reserve supplies
New gas projects will be forced to provide supply to the domestic market, with an east coast reservation scheme to be considered under a sweeping review into the regulations of the sector by the Albanese government.
Greig dives into his second act after Bechtel
Former Bechtel boss Andy Greig has chosen to look for emerging mining success after years of building the industry’s biggest projects.
MinRes sells mines that earned huge royalty free kick
MinRes benefited to the tune of hundreds of millions of dollars under a royalty relief deal with WA. Now it has sold the mines involved.
Forrest swoops on Minderoo land as salt project sinks
The Forrests’ private mining company has applied for exploration licences on land covered by cattle stations that are part of the family’s vast business empire.
Rio hits accelerator in hunt for new CEO
A patch-up job in Mongolia and sorting out who takes charge of its African iron ore gamble are top priorities for Rio Tinto as it nears a big call on the future of its executive ranks.
War, tariffs, growth slump to take $33bn toll on mining exports
Australia’s resources export earnings will plunge by $33bn despite surging demand for gold, according to government forecasts warning global shocks threaten commodity demand and prices.
Narrabri deal touted as Santos deadline set
The starting gun has been fired on Abu Dhabi’s $30bn Santos takeover with Beach mooted as a possible buyer of the stalled Narrabri gas project.
I flew Chris Ellison’s MinRes Air. Here’s why FIFO workers love it
The private airline owned by Mineral Resources delivers VIP perks and hot breakfast in the early hours of the morning at Perth Airport for its fly-in fly-out workforce.
Trump hails a step towards unlocking China’s rare earth exporting
The US and China have reached a new stage in their trade truce as the US seeks commitment on ending restrictions on rare earth exports that have roiled America’s advanced supply chains.
Haul truck rolled on MinRes road doing just 7km/h
Driver distraction has emerged as a potential factor in the road train rollovers besetting Mineral Resources since its problematic private haul road opened.
Victoria’s energy, climate tsar John Bradley quits
John Bradley has stepped down as pressure grows on the state government to execute a sweeping energy transition plan to meet green goals.
‘Future Made in Denmark’: Labor slammed for sending Northern Endeavour overseas
Labor is under fire for sending a government-owned oil vessel to Denmark for dismantling, bypassing local industry as its decommissioning bill is set to climb beyond $1bn.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/3