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Today

Fortescue says hydrogen hopes rest on a halving of power prices

Fortescue Energy boss Mark Hutchinson says Australia must get clean power prices down to $US30 a megawatt hour if it wants green hydrogen projects to go ahead.

  • 1 hr ago
  • Peter Ker

Barrenjoey, Canaccord raising for Lake Resources; 39.1pc discount

Lake had Barrenjoey and Canaccord Genuity seeking buyers for 214 million shares at 7¢ apiece, which was a steep 39.1 per cent discount to the last close.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Yesterday

Mark McGowan cited burnout at this resignation press conference last year.

Mark McGowan doing gas burnouts for Chris Ellison

Despite the former premier citing burnout for quitting politics, McGowan’s new jobs seem to all put him at the centre of the action.

  • Mark Di Stefano

Tanzanian government looms large over OreCorp takeover stalemate

OreCorp’s backers are seven months out from Silvercorp’s opening shot and nowhere near seeing a payday from either party.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Mick McMullen, CEO of Metals Acquisition Corp.

Green premium won’t save Australian nickel

The boss of an ASX-NYSE listed miner says even if miners could fetch a green premium, it may not be enough to make nickel mined outside Indonesia attractive.

  • Elouise Fowler
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This Month

Joe Gutnick.

‘Not happy’: ASIC bans Gutnick from running corporations

The mining entrepreneur says he will review ASIC’s four-year ban on managing corporations handed down on Friday.

  • Liam Walsh
Chairman and founder of Fortescue, Andrew Forrest.

Fortescue strikes NSW copper punt with explorer

Shares in tiny pre-revenue NSW explorer Magmatic have surged after Andrew Forrest’s Fortescue agreed to buy a 19.9 per cent stake.

  • Peter Ker

Why BHP’s nickel struggles to match Indonesia’s

A large green premium would be needed to put integrated Australian nickel producers like BHP on par with Indonesian rivals.

  • Peter Ker and Elouise Fowler
Minister for Resources of Australia Madeleine King has met with Pentagon officials to discuss the nickel oversupply.

Pentagon pitched Australian nickel investment

Resources Minister Madeleine King met officials to discuss investments in the nickel industry in Australia.

  • Matthew Cranston
The Mt Holland mine in Western Australia.

Chilean lithium giant flags ‘aggressive’ Australian expansion

The chief executive of Chilean lithium giant SQM has described Western Australia as the next global “lithium bowl”.

  • Tom Rabe
Ramelius Resources chief executive Mark Zeptner.

Ramelius in exclusive due diligence to buy Karora

The listed gold miner is in exclusive due diligence to acquire Toronto-listed WA gold miner Karora Resources.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
John Borshoff has been at the centre of Australia’s uranium industry for decades.

Deep Yellow launches $250m raise; Aitken Mount, Bells on ticket

The company has hired Bell Potter and Aitken Mount Partners to lead the cash call.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
TrueGreen founder Kirk Tsihlis.

Tsihlis back with ‘green steel’ deal; IM sent to potential backers

Dubbed Axis Green Steel Limited (née TrueGreen Steel), the business is pitched as a vertically integrated green steel and strategic minerals group.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Mineral Resources boss Chris Ellison.

First-round offers in for MinRes $1b pit-to-port haul road sale

Morgan Stanley Infrastructure Partners has tapped Perth-based corporate advisory firm Azure Capital for help with diligence and funding

  • Sarah Thompson, Kanika Sood and Emma Rapaport
It’s refi time at the National Group.

Mining equipment hire biz National Group in refinance, sale talks

National Group founder and CEO Mark Ackroyd steered the company through a restructure a few years ago.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
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The gold rush of the 1850’s turned Ballarat into a mining mecca.

Ballarat bombshell as mine liquidator queries director transactions

Liquidators have identified millions of dollars worth of director-related transactions as they probe the former owners of the Ballarat gold mine.

  • Peter Ker

Contract dispute hits MinRes’ $1b haul road sale

Mineral Resources’ plan to reduce debt by selling 49pc of a new haul road has been shaken by a contractor’s decision to walk off the job over quality concerns.

  • Peter Ker and Brad Thompson
Jim Lennon, a Macquarie managing director and 44-year veteran watcher of the nickel market.

‘Data not accurate’: Macquarie’s nickel veteran says rout ending

After a trip to China, Jim Lennon says the debilitating supply glut could be over a lot faster than most people think.

  • Hans van Leeuwen
The Albemarle lithium hydroxide plant at Kemerton in WA.

In WA, a lesson in the tough reality of processing lithium

Albemarle’s emerging plant is a living example that reality is much harder than Australia’s rhetoric about more downstream processing in lithium hydroxide.

  • Jennifer Hewett
Paul Little and his wife., Jane Hansen, own a significant stake in Tigers Realm Coal.

Billionaire Paul Little struggles to exit investment in Russian miner

The ASX-listed Siberian coal operation is arguing in the Federal Court that it has not breached sanctions put in place after the invasion of Ukraine.

  • Elouise Fowler and Primrose Riordan