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 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
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
This Month
‘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
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
- Analysis
- Critical minerals
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
Pentagon pitched Australian nickel investment
Resources Minister Madeleine King met officials to discuss investments in the nickel industry in Australia.
- Matthew Cranston
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 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
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
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
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
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
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
‘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
- Opinion
- Critical minerals
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
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