Today
Pilbara Minerals loads up on debt despite bleak lithium outlook
A new line of credit was unveiled on Monday at the miner’s full-year result, where it reported the lithium price crash had dented its net profit by 89 per cent.
- 12 mins ago
- Elouise Fowler
Chris Ellison’s daughter earns millions for MinRes shipping work
Mineral Resources requires ship owners carrying the group’s iron ore exports to use a shipping agent owned by the daughter of the chief executive, says Ownership Matters.
- Neil Chenoweth
Yesterday
Pay rise guarantees sought by unions aiming to retake the Pilbara
A union wish list outlined to BHP iron ore bosses includes guaranteed annual pay rises that keep up with inflation, a say in rosters and pay equity across all sites.
- Brad Thompson
- Analysis
- Mineral Resources
Iron ore miners’ pressure points in focus as commodity price wobbles
Mineral Resources’ flagship iron ore mine made a profit of about $US8 a tonne of red dirt sold into the spot market on Friday.
- Elouise Fowler
- Opinion
- Chanticleer
The number that should scare all Australians
You couldn’t blame Australia’s large cap fund managers for booking a post-reporting season trip to China to see the steel situation for themselves.
- Anthony Macdonald
This Month
SQM warns of price barrier beyond lithium JV with Rinehart
Lithium heavyweight SQM says new projects are not viable at today’s prices just months after joining a major WA acquisition and the start of production at the Mt Holland mine.
- Peter Ker and Brad Thompson
Meet the man fighting for our miners
Minerals Council CEO Stephen Galilee is in a unique position of running a major lobby group as a long-time former Liberal Party staffer in a Labor state.
- Kylar Loussikian
Element Zero co-founder recalls smooth flight with Fortescue top brass
Michael Masterman says executives from the mining giant raised no concerns about his green iron technology when they spent hours together on a private plane.
- Brad Thompson
WA gold miner lashes Labor’s project vetoes
Northern Star boss Stuart Tonkin says investment is at risk without a stable policy and approvals landscape.
- Brad Thompson
Regis in $192m writedown after Plibersek call sinks gold mine
Regis Resources slashes value of NSW mining project and withdraws ore reserve in fallout from Environment Minister Tanya Plibersek’s intervention.
- Brad Thompson
Iluka to halt rare earths refinery unless Labor caves in on funding
Iluka Resources says it won’t finish building a strategically important rare earths refinery unless the Albanese government comes up with more funding,
- Brad Thompson
Fortescue counsel backs 22-day spying mission on Element Zero
Private investigator reports were detailed but justified in seeking search and seizure orders, said Fortescue’s lawyer.
- Brad Thompson
Global Lithium fights shareholder move to axe directors
Global Lithium is resisting a push led by businessman Liaoliang Zhu to remove two board members, including former Rio and Fortescue executive Greg Lilleyman.
- Brad Thompson
- Opinion
- Chanticleer
Yancoal’s 20pc crash is about more than a missing dividend
Queensland and NSW’s big coal miners have their eyes up, knowing consolidation makes sense and could create value for investors.
- Anthony Macdonald
Cyclone damage bill at South32’s Groote manganese mine hits $171m
The lucrative operation is owned jointly with Anglo American. New filings show the two diversified miners are injecting more money to resume exports next year.
- Peter Ker
- Opinion
- Chanticleer
The lithium rout can’t seem to stop the ASX’s most shorted stock
While there are many things to be wary of in mining, one is domestic champions going offshore. Can Pilbara Minerals become a two-trick pony?
- Anthony Macdonald
Pilbara Minerals takes $560m punt on Brazil lithium project
The company, the most heavily shorted stock on the ASX, made a $560 million takeover bid for Latin Resources and its flagship mine.
- Brad Thompson
Slow approvals are risking the next mining boom: report
State and federal environmental approval processes are jeopardising tens of billions of dollars of investment in green steel and renewable energy infrastructure, experts warn.
- Tom Rabe
WA premier backs unions over iron ore miners
Unions have forced BHP to the negotiating table, a big breakthrough in their attempts to re-unionise the country’s biggest export industry.
- Brad Thompson and Elouise Fowler
BHP forced to negotiate in new push to unionise Pilbara
Unions have forced BHP to the negotiating table and are demanding Rio Tinto do the same, a big breakthrough in their attempts to re-unionise the country’s biggest export industry after decades on the sidelines.
- Brad Thompson
