ASX Announcements
Yesterday
- Exclusive
- Energy
Twiggy Forrest finds green hydrogen friend in Russia
Russia’s ambassador to Australia has confirmed high-level talks with Fortescue Metals Group about hydropower and green hydrogen projects.
- Brad Thompson and Angela Macdonald-Smith
Twiggy’s great green energy quest
Mining magnate Andrew Forrest has signed up to develop the world’s biggest hydropower project but there’s a big question mark over whether it can be done after decades of hype and false starts.
- Brad Thompson
This Month
Santos, Woodside scorn Forrest attack on LNG projects
Santos has defended its $4.7 billion Barossa LNG project following Andrew Forrest branding it ‘atrocious’ in terms of carbon emissions.
- Brad Thompson
- Opinion
- Gas
Industry steps on the gas
The APPEA conference is the annual showcase for the oil and gas industry, but in 2021 it’s all about selling the future of gas despite the increasing pressure to decarbonise or abandon projects.
- Jennifer Hewett
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
Forrest blasts Santos, Woodside as ‘fossils’
Fortescue founder Andrew Forrest says the Santos LNG project is ‘atrocious’ in terms of emissions and warns Woodside not to go ahead with the Scarborough project.
- Brad Thompson and Angela Macdonald-Smith
- 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
Andrew Forrest’s $100b Congo power play
Australia’s richest man, Andrew Forrest, has committed Fortescue to the world’s biggest hydro project to make the iron ore miner a global force in green energy.
- Brad Thompson
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
- Opinion
- The AFR View
Woodside’s model climate change transition
The move to clean energy does not include abrupt cancelling of sensible projects such as Woodside’s Scarborough gas field.
- The AFR View
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
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
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
Iron ore miners take dig at WA over 25pc port fee hike
Iron ore heavyweights represented by the Port Hedland Industries Council have taken a swipe at a WA government fee hike that comes on top of a multi-billion dollar royalties windfall.
- Brad Thompson
May
Gaines sees little global iron ore production growth
Fortescue Metals Group chief executive Elizabeth Gaines tells the Australian Shareholders’ Association that market conditions point to continued strength in iron ore prices.
- Brad Thompson
Amid fake-test fears, lab overseer says vigilance lifted
A clients list with faking software, and industry sources have also raised concerns about work on mining-rail projects.
- Liam Walsh
Fortescue’s Iron Bridge blowout may top $1b
FMG’s Elizabeth Gaines rejected suggestions mistakes were made on the Iron Bridge project despite blow outs on construction cost, schedule and operating costs
- Updated
- Peter Ker
How we shot the 2021 Rich List
There were a few dramas trying to capture some of the stunning photos for this year’s list of Australia’s wealthiest people.
- Matthew Drummond
Big blocks on radar as IPO market softens
Get your hard hats on, it’s time for some block trades.Â
- Sarah Thompson, Anthony Macdonald and Tim Boyd
