Brace for cold showers, big bills
New modelling shows the vital pipeline transporting gas from Queensland will be at capacity nearly every day next winter, leaving Australia drastically exposed.
Mining Energy
Mining minnows ‘stymie green bid’
The investment fund backing the $30bn Sun Cable project has warned the ASX is stacked with small mining explorers who risk locking up critical mineral because of a lack of funding.
How BHP plans to keep its copper king crown
The bets on copper and potash show BHP is undergoing another of its landmark reinventions. Will it be enough?
BHP looks to more than double copper production out of SA
BHP has announced a copper ore resource of more than one billion tonnes at Oak Dam in outback SA, and wants to more than double output in the state over the next 10 years.
Woodside rewards shareholders after spate of acquisitions
The energy company will return 80 per cent of its revenues to shareholders, a move designed to show it can grow organically and through M&A and still reward shareholders.
BHP warns of hit from IR reforms as Chinese demand falters
Same job same pay industrial relations laws are all cost and no productivity gains, BHP says, as it flags a challenging year defined by geopolitical tensions and lingering inflation.
Banks and the blackout threat
Bank chiefs will be grilled over ambitious climate targets and lending restrictions on fossil fuels amid Coalition warnings that non-renewables energy investment and regional jobs are being undermined.
Gas shortfall ‘risks our viability, chokes our competitiveness’
Australia’s leading manufacturers have sounded the alarm about the impact of the looming gas crunch that could send some to the wall and cost thousands of jobs.
Refining fuels Viva earnings lift
Viva Energy posted a 10 per cent profit increase as its refinery business fuelled a rally in earnings, offsetting weakness in its retail and traditional petrol station arm.
Pilbara Minerals boss tips more victims of ‘lithium fever’
Pilbara Minerals has announced a new $1bn debt facility and says further weakness in lithium prices will pose challenges for some operators in the sector.
Fortescue insists spying on rival’s families wasn’t inappropriate
Ex-Fortescue executives have heard that spying on their families and their ‘green iron’ start-up was part of a regular court requirement to grant raids.
Cashed-up Yancoal on hunt for met coal deal
Yancoal is building a war chest for any coal deals which present themselves, but its shares plunged 20 per cent after the dividend tap was turned off.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Fortescue ‘portrayed former execs as dishonest’, court told
Andrew Forrest’s Fortescue tried to paint former executives who started a rival business as shady actors in order to persuade a judge to allow the company to raid their homes.
Cheap China steel, energy costs heap pressure on BlueScope
Ensuring the survival of Australia’s steelmaking capacity will require ongoing co-operation from all levels of government, BlueScope boss Mark Vassella has warned.
China iron ore rout puts budget billions at risk
A sharp fall in the iron price, spurred by weak Chinese demand, threatens to stymie Jim Chalmers’s efforts to deliver a third consecutive budget surplus.
Ban on nuclear power holding Australia back
The UK and Australia harbour ambitions to be ‘clean energy superpowers’ but they are going about it differently, and nuclear remains a point of difference.
China adds battery metal limits to global trade war
Control on antimony will require exporters to seek a licence to export it and related compounds, beginning on September 15.
Forrest shrugs off iron ore price pullback
Mining magnate Andrew Forrest has shrugged off a fall in iron ore prices, arguing lower steel production in China was a normal part of the long-term commodity cycle.
Whitehaven to slash jobs at two Queensland coal mines
The miner will cut almost 200 jobs from the two Queensland mines it bought from BHP earlier this year, as it moves to streamline operations.
Original URL: https://www.theaustralian.com.au/business/mining-energy/page/7