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Rio prevails in Jabiluka stoush as ERA directors agree to exit

Energy Resources Australia’s independent directors have resigned in the face of pressure from majority shareholder Rio Tinto and traditional owners at Jabiluka.

  • Brad Thompson

This Month

Battery metals, LNG push WA resources to record $231b sales

Jobs in the WA resources sector reach all-time high as sales records continue to tumble.

  • Brad Thompson

Fortescue raises clean energy spend with $195m German investment

The investment in a German hydrogen import terminal will be in addition to the budgeted spend on the Fortescue Future Industries division.

  • Updated
  • Peter Ker

Traditional owners say ERA chairman must go now

The Mirarr people, determined to protect Jabiluka from uranium mining, have backed Rio Tinto’s calls for Energy Resources Australia chairman Peter Mansell to resign.

  • Brad Thompson

MACA investors on the fence after Thiess secures control

MACA shareholders who have not yet accepted a $367 million takeover bid from mining services group Thiess are weighing up whether to remain minority investors in the Perth-based contractor.

  • Jenny Wiggins

ERA chairman refuses to buckle to Rio pressure over Jabiluka

Energy Resources Australia has disputed claims by top Rio Tinto executive Kellie Parker, and its chairman Peter Mansell is refusing to bow to Rio pressure to stand down.

  • Brad Thompson

Forrest defends green ambitions amid analyst doubts

The Fortescue Metals Group founder and executive chairman has taken umbrage because some analysts aren’t drinking what one describes as green-flavoured Kool Aid.

  • Brad Thompson


ERA shareholder calls Rio’s bluff on Jabiluka uranium mining

Rio Tinto should sell out of Energy Resources Australia if it can’t see a future in uranium mining at Jabiluka, according to Willy Packer, whose fund holds 8pc.

  • Brad Thompson

Incitec Pivot demerger faces investor pushback

Multiple Incitec Pivot investors do not support a plan to split into two companies, while some supporters of the plan want a different carve-up of the assets

  • Peter Ker

Rio comes out swinging over Jabiluka uranium deposit

Rio Tinto has blasted Energy Resources Australia over suggestions the Jabiluka uranium deposit could one day be mined despite fierce opposition from traditional owners.

  • Brad Thompson

Rio minerals boss compares lithium to diamonds

Sinead Kaufman says the firm will move downstream in lithium because it is unrealistic to think the key battery ingredient can be mined and sold like a bulk commodity.

  • Brad Thompson

AJ Lucas Group raises $20m as UK lifts hydraulic fracturing ban

Listed drilling services and gas exploration business AJ Lucas was asking investors for $19.7 million via a share placement on Wednesday morning.

  • Yolanda Redrup, Sarah Thompson, Kanika Sood and Anthony Macdonald

NSW offers $10m grants to chase critical minerals boom

The state is encouraging investment in critical minerals, with grants of up to $10 million to get the resources to market quicker and more efficiently.

  • Samantha Hutchinson

Rio rocked by sexual assault charges at Pilbara mine

Rio Tinto has sacked a worker facing criminal charges over allegations he raped a woman at a company accommodation village attached to its iron ore operations in WA.

  • Updated
  • Brad Thompson

Why this Czech tycoon wants to buy our coal mines

Sev.en Global Investments wants to add thermal and coking coal mines to its Australian portfolio, with CEO Alan Svoboda saying the energy transition will take longer than some expect.

  • Angela Macdonald-Smith

Lithium insider sees decade-long shortage

The chairman of the London Metals Exchanges lithium committee says car and battery makers are growing desperate to secure long-term supply as consumers line up for electric vehicles.

  • Brad Thompson

Big MACA instos hit Thiess bid, rusty retail next

It looks like the retail investor-led resistance at mining services group MACA Ltd is starting to crack.Β 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

OZ Minerals gives green light to $1.7b copper-nickel mine

It is a move that could result in the miner emerging with a heavyweight electric vehicle partner, and complicate the situation for suitor BHP.

  • Updated
  • Brad Thompson

MinRes lithium boss exits amid demerger talk

Chris Ellison’s Mineral Resources and the company’s lithium boss have parted way as speculation rages about a demerger.

  • Brad Thompson

Dividend danger signs in Fortescue green spending spree

Analysts expect Fortescue Metals Group dividend payouts to take a hit under plans to spend $US6.2 billion on turning iron ore mining operations green.

  • Brad Thompson