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    Today

    Fortescue Metals chief executive Dino Otranto.

    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
    Sandstone escarpment and bim (rock art) on Jabiluka mineral lease.

    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 chief executive Tony Ottaviano  speaking at the Diggers & Dealers mining conference in Klagoorlie.

    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
    Mineral Resources boss Chris Ellison is cutting jobs, adding to the downturn in WA employment.

    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
    St George Mining’s raising pitch centred on its M&A target’s proximity to niobium bigwig CBMM’s mines.

    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
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    Yesterday

    Lynas Rare Earths boss Amanda Lacaze says it would be a mistake not to consider nuclear power in Australia.

    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
    Galan Lithium shares have plunged 84.6 per cent over tha past 12 months.

    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
    Posco is hunting for lithium investments in Australia.

    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 is betting big on an expansion of the Superpit mine on the doorstep of Kalgoorlie.

    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 executive chairman Andrew Forrest.

    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
    The challenges of working in the deserts of the Andes could be overcome if the copper discoveries are developed as a single business using shared infrastructure.

    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
    Albemarle boss Kent Masters met workers on a visit to the Kemerton plant last year.

    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 CEO Duncan Wanblad.

    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
    Sir Rod in the gardens of his home at Woodend in 2010.

    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.

    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
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    Albemarle’s Kent Masters checking out the Kemerton lithium hydroxide plant in WA.

    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
    Tribeca’s Ben Cleary has not given up on lithium, believing the commodity’s price will eventually hit a  bottom. “You don’t make money in this industry buying stuff that everyone loves,” he says.

    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
    Albemarle boss Kent Masters at the company’s lithium hydroxide plant at Kemerton in WA.

    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 Industries managing director Justin Werner says Indonesia may limit Chinese investment.

    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