Today
Activist target Whitehaven Coal suffers first strike
Close to 40 per cent of investors voted against the coal miner’s remuneration report as the battle with activist investor Bell Rock continues to rage.
- 22 mins ago
- Aaron Patrick and Peter Ker
Lithium hopeful Azure Minerals strikes $1.63b sale to Chile’s SQM
Azure’s board has accepted an offer of $3.50 per share, a staggering 54 per cent higher than SQM’s first approach.
- 1 hr ago
- Elouise Fowler
Pilbara Minerals shelves special dividend as lithium price dips
Lithium producer Pilbara Minerals reported a 42 per cent drop in revenue after dips in price and production last quarter.
- Brad Thompson
Yesterday
Critical minerals projects ‘at risk from Labor environment plan’
Investment and jobs in Western Australia’s resources sector are at risk from the Albanese government’s environmental protection laws, industry warns.
- Tom Rabe
- Updated
- Activist shareholders
Whitehaven accuses Bell Rock of controlling twice the shares it claims
But the Takeovers Panel has declined a request from the coal miner to disqualify votes cast by the hedge fund at its annual meeting scheduled for Thursday.
- Peter Ker
MinRes blames ‘manipulation’ for fall in lithium prices
The company is producing more of the battery ingredient from two key mines in Western Australia, but that output is fetching much lower prices.
- Updated
- Brad Thompson
This Month
Malaysian government gives Lynas Rare Earths green light on refinery
The Malaysian government’s reprieve comes as the US and its allies seek to break China’s grip on strategic materials.
- Elouise Fowler
Copper touches lowest since November as demand outlook darkens
Prices for the metal slumped as much as 1.2 per cent in London before clawing back to be little changed.
- Mark Burton and Annie Lee
Old diary entry casts doubt over lucrative claim to Hancock mining assets
An 18-year-old diary entry from a former Wright Prospecting executive has cast doubt over a billionaire family’s claim to ownership and lucrative royalties flowing from one of Gina Rinehart’s Pilbara mines.
- Tom Rabe
Graphite stocks surge as Beijing opens new frontier in trade war
China, the world’s top graphite producer and exporter, has slapped export controls on the commodity crucial for EVs and defence applications.
- Elouise Fowler
Ellison eyes new lithium prize near Albemarle joint venture
There is a new target on Mineral Resources’ radar, as Albemarle weighs up its next move after walking away from Liontown.
- Brad Thompson
Lynas to temporarily shut and upgrade Malaysia operations
The world’s biggest supplier of rare earths outside of China is set to conduct planned shutdown of Malaysia operations, as it awaits court decision.
- Elouise Fowler
Rio Tinto in solar farm deal with Forrest foes
Rio Tinto is looking to a traditional owner group at war with Andrew Forrest to supply renewable energy to its iron ore operations.
- Brad Thompson
Battery metal prices collapse on supply glut, cool Chinese EV demand
The price of lithium, Australia’s sixth most valuable mining export, has fallen 63 per cent since the beginning of the year.
- Elouise Fowler
Rio opens door to working with POSCO on green iron plant in Pilbara
POSCO is studying the feasibility of using green hydrogen to power a hot briquette iron plant near Port Hedland.
- Brad Thompson
Mining magnate Chris Ellison seals critical mineral merger
Lithium hopeful Essential Metals will merge with an established copper miner as Australia’s tycoons vie for control of the country’s battery-metal assets.
- Elouise Fowler
Chilean copper giant in first lithium deal with $385m ASX takeover
Lithium Power International has sold itself to state-owned Corporacion Nacional del Cobre de Chile for $385 million.
- Elouise Fowler
Glencore to shed 1200 jobs and shut Mount Isa copper mines by 2025
Swiss mining giant Glencore is set to announce it will close its three underground copper mines in Mount Isa by the second half of 2025.
- Updated
- Mark Ludlow
Fortescue ‘on track’ to achieve 2030 decarbonisation target
New board member Larry Marshall says he is convinced the company will achieve its goal, as it seeks to become a major supplier of prototype technology and machinery.
- Brad Thompson
- Opinion
- Chanticleer
Albemarle’s Liontown retreat is not your normal deal-gone-sour story
Albemarle has bolted and in its place is a prickly 19.9 per cent shareholder. Welcome to the next chapter in the Liontown Resources drama.
- Anthony Macdonald
