Today
Forrest says Element Zero execs burned bridges ‘like Nazis’
Fortescue chairman Andrew Forrest has distanced himself from surveillance tactics used against former employees, but fully supported the IP lawsuit against them.
- Peter Ker
- Opinion
- Chanticleer
Fortescue’s hydrogen back-flip fails to become sugar hit it should be
One of the issues hanging over the miner is partly gone. So why aren’t fund managers jumping in? They may be more concerned by the company’s other big problems.
- Anthony Macdonald
Yesterday
- Opinion
- Chanticleer
Reality bites for Forrest’s hydrogen dream. Investors won’t mind
The biggest shake-up of Fortescue’s structure and strategy in years will be music to the market’s ear, but is more evidence the energy transition is spluttering.
- James Thomson
‘Twiggy’ Forrest and Gina Rinehart stick their boots in
The ultra-billionaires have a new realm in which to duel: boots.
- Mark Di Stefano
- Updated
- Energy
Labor’s hydrogen dream stalls as Fortescue slims down H2 vision
Fortescue will cut 700 jobs and slow its push into green hydrogen in a blow to the Albanese government’s plan to make Australia a hydrogen superpower supported by more than $8 billion of taxpayer funded incentives.
- Peter Ker and Angela Macdonald-Smith
BHP breaks iron ore export record, promises copper lift
The mining giant could raise copper production by 10 per cent in the year ahead as its most important commodities offset nickel and coal woes.
- Peter Ker
This Month
- Opinion
- The AFR View
Australia’s blue blood miner, management moderniser and business nationalist
During his heyday in the 1970s and ’80s, Sir Roderick Carnegie was a believer in the power of big corporations competing in open markets to drive human progress.
- The AFR View
- Opinion
- Chanticleer
Resources sector’s No.1 health indicator flashes red
It’s good that Rio Tinto shipped 80 million tonnes of iron ore from the Pilbara in June, but think about what’s happening below the surface in Australian resources.
- Anthony Macdonald
Labyrinth Resources buys Vivien mine, launches equity raising
Vivien was one of the most profitable mines when it was in Ramelius Resources’ stable.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rinehart boosts stake in $5b WA magnetite project linked to India
Australian richest person, Gina Rinehart, is set to strengthen ties with India as the case for a new magnetite mine starts to stack up.
- Brad Thompson
- Opinion
- Chanticleer
Beware the triple threat to Australia’s China riches
Approvals for Rio Tinto’s new $34 billion Simandou mine are a reminder that the next 30 years for the iron ore sector will look much different to the last.
- James Thomson
IGO flags impairment in second wave of nickel pain sweeping WA
There is no end in sight to the company’s nickel nightmare as it warns of a $275 million writedown on exploration assets.
- Brad Thompson
Rio Tinto’s $34.3b African iron ore project gets green light
Soft iron ore exports from Western Australia were overshadowed by final approvals for the Simandou iron ore project in Africa.
- Peter Ker
Liontown stops holding out on sending lithium to China
Liontown Resources will do deals with China after all, admitting it is impossible to ignore the world’s biggest buyer of lithium.
- Brad Thompson
Liontown lithium supply test of faith for Tesla after BHP nickel halt
Nickel and lithium have had a rocky ride over the past 18 months. But the outlook cannot be wider for the biggest local players in each commodity.
- Brad Thompson
Rod Carnegie: corporate giant felled at the final hurdle
Sir Rod Carnegie soared across the corporate sky in the ’70s and ’80s but was thwarted in his attempt to secure full Australian local control of mining giant CRA.
- Andrew Clark
Should Rio Tinto buy out this ASX lithium miner? Citi thinks so
The investment bank told clients that acquiring Arcadium Lithium could be a more economic option for the iron ore giant than developing its own projects.
- Joshua Peach and Tom Richardson
Tributes for Rod Carnegie, driving force for corporate nationalism
Sir Rod Carnegie, who had a major influence over Australian mining, business and national economic policy in the 1980s, has died at the age of 91.
- Andrew Clark
No cheers for politicians at Kalgoorlie pub as nickel work dries up
The federal and WA governments are under the gun from people caught in the crossfire of BHP’s call to suspend nickel operations.
- Brad Thompson and Tom Rabe
Glencore warns of nickel job losses unless labour costs controlled
BHP’s decision to shut its nickel mines, smelter and refinery is already being felt across families, communities and other mining companies and businesses.
- Brad Thompson, Tom Rabe and James Hall
