Today
Man accused of using inside information to trade shares
Duncan Stewart, charged with four counts of insider trading of Kidman Resources stock, will face a criminal trial in Melbourne next month.
- Elouise Fowler
BHP’s carbon emissions to increase this year
However, the company says it is still on track to reach its self-imposed 2030 emissions target without buying carbon offsets.
- Elouise Fowler
Yesterday
Czech coal baron’s bid for control of ASX miner collapses
Pavel Tykac’s family office, Sev.en, agreed to buy 51 per cent of Coronado, but the deal will not proceed after failing to get past FIRB in time.
- Updated
- Elouise Fowler
Palmer confident on $40b coal damages claim
Billionaire Clive Palmer says his Singapore business could take the Commonwealth to the cleaners over a stalled coal project in Queensland’s Galilee Basin.
- Brad Thompson
This Month
ASX-listed uranium miner seeks to build $5.26 billion global giant
Paladin Energy has pitched a takeover of Toronto-listed Fission Uranium to bring its proposed Canadian mine into production by 2029 to meet global demand.
- Elouise Fowler
MinRes weighs up rail fleet sale as axe falls on iron ore mines
But the company, run by billionaire Chris Ellison, said demand remained strong and that closures of the operations had nothing to do with concerns about price.
- Brad Thompson
Uranium explorers powered by short supply, nuclear renaissance
Seven ASX-listed explorers raised a total $323.22 million, a 50 per cent increase from the previous quarter.
- Elouise Fowler
Mineral Resources to shut iron ore mines employing 1000 workers
Chris Ellison’s Mineral Resources will shut iron ore mines and look for jobs for about 1000 displaced workers in other parts of the company.
- Brad Thompson
- Exclusive
- Lithium
Chinese lithium pioneer calls for ‘fair go’ in Australia
Tianqi Lithium says it deserves access to the billions in tax incentives put up by the Albanese government, as it prepares to host Chinese Premier Li Qiang and Prime Minister Anthony Albanese.
- Brad Thompson and Andrew Tillett
Fortescue’s British Formula 1 car designer loses CEO
The Williams Advanced Engineering boss is the latest executive to exit Andrew Forrest’s empire. WAE is central to the company’s batteries ambitions.
- Brad Thompson
Forrest lieutenant Julie Shuttleworth exits Fortescue after a decade
Her departure adds to the growing list of executives who have left Fortescue recently. Ms Shuttleworth said she was leaving to spend more time with her family.
- Brad Thompson and Peter Ker
Rinehart-backed Brazilian Rare Earths launches $66m share placement
The offer was priced at $3.30 a share, a 9.6 per cent discount to the last close but more than double the $1.47 mark at which it listed just six months ago.
- Sarah Thompson, Kanika Sood and Emma Rapaport
How the land rights game changed with Juukan Gorge
Since the destruction of Juukan Gorge by Rio Tinto in 2020, there is a higher bar for native title agreements and increased approval times.
- Updated
- Michael Pelly
China-linked investor fails in hostile bid for Northern Minerals board
Wu Tao, who was ordered by the federal government to sell stock in Northern Minerals, fell short in his push to gain a seat on the strategic rare earths miner.
- Elouise Fowler
Iron ore to plunge below $US100 into a bear market: Citi
The broker has cut its iron ore forecasts for the second time in the past month, as analysts turn increasingly pessimistic on Australia’s chief export.
- Alex Gluyas
Ownership Matters digs deep into MinRes’ ASX adventures
The report – which traverses three lithium hopefuls – suggests “investors may wish to question the adequacy of related party disclosure requirements”.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Morgan Stanley Infra wins in MinRes’ $1b pit-to-port haul road auction
The sale price is around $1 billion for the 49 per cent stake, sources said.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Indonesian coal baron gets bumper payday from offloaded Rio mine
Eight years after the wealthy Salim family snapped up the Mount Pleasant operation in NSW, the mine has delivered it a dividend of $273 million.
- Elouise Fowler
China-linked investors forced to offload Northern Minerals shares
Treasurer Jim Chalmers says the decision, based on Foreign Investment Review Board advice, was made to “protect our national interest”.
- Updated
- Elouise Fowler
CIMIC, Gina Rinehart pile into lithium hopeful Vulcan Energy Resources
The ASX-listed lithium aspirant’s fundraising comes as it works to secure the financing it needs to get its flagship project in Germany off the ground.
- Brad Thompson
