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.
- 20 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
Fortescue makes slow start on push for fifth iron ore export record
Fortescue has refused to give up on a goal to set a fifth consecutive iron ore export record despite making a slow start to the new financial year.
- Peter Ker
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
Billionaires v BHP: who is right about lithium?
This week on The Fin podcast, Peter Ker and Elouise Fowler on why the Liontown deal collapsed and whether lithium could become the next iron ore for Australia.
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
Critical minerals billionaire says taxpayer loans not enough
Explorers want their share of the further $2 billion of taxpayers’ money pledged towards the critical minerals sector this week, while Chris Ellison says it’s not enough
- Peter Ker and Brad Thompson
- 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
- Opinion
- Critical minerals
Critical minerals plan less work in progress than idea in germination
The Albanese government is keen to promote critical minerals and US cooperation as key to the energy transition and green manufacturing jobs.
- Jennifer Hewett
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
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
Lithium takeovers ignite the Pilbara
One week after lithium giant Albemarle abandoned its Liontown takeover, South American lithium giant SQM is making moves of its own.
- Peter Ker
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
Whitehaven flirts with strike after BHP deal ‘gamble’
A US institutional investor has joined activist fund Bell Rock’s campaign to give the Whitehaven board a black eye at Thursday’s AGM.
- Paul Smith
Rio, BHP and Fortescue at electrification crossroads
Iron ore miners in the Pilbara are under pressure to slash emissions and preparing to fork out billions on emissions-free trucks and renewables.
- Brad Thompson
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
