Today
Iron ore producers must learn from nickel: Fortescue boss
Australia must invest heavily in green iron or risk losing out to international competitors, chief executive Dino Otranto warns
- 1 hr ago
- Tom Rabe
Jabiluka owner sues over axing of uranium mine permit
ERA, majority-owned by Rio Tinto, lobbed the case in a bid to overturn the NT’s decision to revoke its lease to mine uranium in Kakadu.
- 1 hr ago
- Elouise Fowler
Liontown pleads case for fast-tracking lithium royalty relief
Liontown Resources boss Tony Ottaviano says governments must act sooner rather than later on fiscal policy to avoid a repeat of the nickel exodus.
- Brad Thompson
MinRes joins job cuts carnage in WA mining
The Chris Ellison-led Mineral Resources is slashing its white-collar workforce amid iron ore mine closures and a retreat in its lithium expansion plans.
- Brad Thompson
Rare earths explorer St George buys Brazilian project; raise underway
Potential investors were told the project sits in the same complex as the Brazilian giant CBMM’s assets, which control 80 per cent of the world’s niobium mineralisation.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Yesterday
Lynas boss Lacaze sees merit in nuclear power option
Lynas Rare Earths boss Amanda Lacaze says Australia needs to be energy-supply agnostic if it is realistic about becoming a critical minerals superpower.
- Brad Thompson
Texas-headquartered EnergyX lobs $US150m bid for Galan Lithium
EnergyX’s proposal, lobbed on July 11, sought to acquire Galan’s assets in the Salar del Hombre Muerto region within the so-called lithium golden triangle.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Korea seeks Australian lithium to secure US subsidies, sideline China
The US offers electric carmakers tax breaks for sourcing components from it and its free trade partners such as Australia and South Korea, not China.
- Elouise Fowler and Michael Read
This Month
Northern Star boss says China’s reserves are gold’s best bull signal
Australia’s biggest gold miner, Northern Star boss Stuart Tonkin, said the race for the White House is not the main game as far as gold is concerned.
- Brad Thompson
Fortescue in-house lawyer issued spying instructions, court told
Fortescue’s internal counsel personally reviewed the social media of an Element Zero defector to determine his location, according to an affidavit.
- Brad Thompson
BHP’s high-altitude copper bet shows guts, but glory isn’t guaranteed
BHP boss Mike Henry has demonstrated plenty of courage by following the Lundin family to the top of the Andes mountains. Will he be rewarded?
- Peter Ker
US blocks subsidies for Albemarle lithium made in Australia
Albemarle says a block to subsidies under the Inflation Reduction Act had been a major factor in its decision to slash workforce and to curtail investment in WA.
- Brad Thompson and Elouise Fowler
Anglo American’s bankers court Indonesian bidders
BUMA and MACH are understood to be discussing a joint bid, but are yet to formally commit to working together.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Leaders remember Rod Carnegie, the man who shaped Australia
Leaders from mining, business, politics and science gathered at St John’s Anglican Church in Toorak for the memorial service for business giant Sir Rod Carnegie.
- Andrew Clark
Noel Pearson appointed to Fortescue board
This is the Indigenous leader’s first public move following his keeping a low profile since the defeat of the Voice to parliament referendum in October.
- Tom McIlroy and Elouise Fowler
Labor may speed up tax credit as lithium miners buckle
The Albanese government may bring forward the $17.6 billion critical minerals production tax credit after Albemarle said it would slash 300 jobs and shrink its giant WA facility.
- Updated
- Elouise Fowler
- Opinion
- Chanticleer
The lithium bubble has popped with stunning speed
Production cuts from Albemarle are bad news for Australia’s struggling lithium sector. But the market needs more bad news before it can recover.
- Updated
- James Thomson
- Opinion
- Lithium
Albemarle sounds warning on critical minerals processing
The US-based firm’s decision to reduce output from its lithium hydroxide plant and write down much of its investment demonstrates the flaws in Australia’s plan for greater domestic processing of critical minerals.
- Jennifer Hewett
July
Nickel boss says Indonesia trying to distance itself from China
Nickel Industries managing director Justin Werner says Jakarta wants to attract more Western investment to an industry dominated by China.
- Brad Thompson
Rio boss dismisses Jabiluka uranium ‘extortion’
Jakob Stausholm says precious cultural heritage at Jabiluka made it a no-go zone and advocates for a uranium mine were engaging in “extortion”
- Peter Ker