ASX Announcements
Rio Tinto confirms Peter Cunningham as CFO
Director Appointment/Resignation, Company Administration - Other
- Jun 17, 2021
- 2 pages
This Month
Fire-prone Rio Tinto port shut for maintenance
Rio Tinto’s iron ore shipments have trailed off as maintenance work continues at port facilities.
- Brad Thompson
Man sues BHP for ‘systemic’ sex discrimination
A male executive earmarked by the company as one of its future leaders says its rush to achieve gender balance by 2025 led to prejudice against men when hiring.
- Peter Ker
- Opinion
- Iron ore
Five triggers that will force iron ore price down
All miners’ profits would be affected, but the most exposed would be high-cost producers.
- Mark Draper
Analysts scramble to keep up with resurgent iron ore
Analysts have been forced to rapidly upgrade their forecasts, with China’s jawboning of commodity prices failing to keep a lid on the level of spot iron ore.
- William McInnes
Silver lining for Rio Tinto in landslide Mongolian election
The miner can expect no respite from political pressure after the ruling party won the presidency, but a surprise runner-up suggests change may be afoot.
- Peter Ker
PwC urges high-flying miners to tell tax story better or pay price
The big four consultancy firm says miners need to put all their cards on the table when it comes to how much they pay in tax and royalties.
- Brad Thompson
Decarbonisation drives Australia’s modern exploration boom
Funds are flowing fast for mineral explorers and investors have emphatically backed those hunting the commodities that will drive decarbonisation.
- Peter Ker
BHP to overtake Rio in premium iron ore
Close to $10 billion worth of new mines will boost the amount of iron ore leaving Australia in premium lump form and BHP could overtake Rio as the biggest producer.
- Peter Ker
Rio’s Wyatt appointment disappoints native title group
A native title group whose lands host six Rio Tinto iron ore mines was disappointed by Rio Tinto’s decision to make Ben Wyatt a director.
- Peter Ker
Rio’s Indigenous trailblazer accuses green groups of exploitation
Former WA treasurer Ben Wyatt has blasted conservationists and activist investor groups he says are trying to exploit Aboriginal culture for their own agendas.
- Brad Thompson
Ben Wyatt to become Rio’s first Aboriginal director
Former WA treasurer Ben Wyatt will join Rio Tinto board as it heeds calls for indigenous representation in the state where it makes the lion’s share of earnings and is in damage control a year on from the destruction of Juukan Gorge.
- Brad Thompson
Biden review poses critical minerals test for Australian miners in US
Two Australian mining projects go to the heart of the Biden’s administration’s race to be self-reliant on critical mineral supply chains.
- Updated
- Matthew Cranston
Big banks to fuel next leg of ASX dividend spree
In good news for income-seeking investors, the ASX’s dividend boom is set to be driven by the resources sector in the short term, and the major banks longer term.
- Alex Gluyas
ASX hits record high as economy completes rebound
The sharemarket rose to a new record on Wednesday, supported by advances from the miners and energy stocks.
- William McInnes
Indigenous veto a ‘red flag’ to mining, LNG heavyweights in WA
WA’s peak resources industry lobby group says any power of veto in new Aboriginal heritage laws would threaten the economy.
- Brad Thompson
‘Second COVID’: Drought in Taiwan triggers Aussie chip crisis
A global shortage in semiconductor chips is causing so much uncertainty that it is being likened to a second COVID-19 by Australian device makers, which are grappling with surging prices and crippling delays.
- Updated
- Yolanda Redrup
May
Driver shortage threatens BHP iron ore exports
Australia’s ability to seize on high iron ore prices is being hampered by a skills shortage that recently left BHP without enough staff to meet iron ore targets.
- Peter Ker
Teenagers fail to secure injunction against coal mine approval
Climate conscious teenagers have failed to secure an injunction to stop the Morrison government approving a coal mine expansion in NSW.
- Peter Ker
Biden looks to Australia, other allies for EV metals
Rather than permitting more US mines, Biden’s team is more focused on creating jobs that process minerals domestically into EV battery parts.
- Updated
- Ernest Scheyder and Trevor Hunnicutt
BHP to increase train driver ranks by 45pc amid ‘critical’ shortage
BHP has signaled it has no plans to automate its iron ore trains, saying the 200 extra locomotive drivers it wants to hire will have ‘rewarding careers’.
- Peter Ker
