Australia Top Stories

Column: Australia gives nickel a quick fix, but surgery of global industry needed

Australia is throwing a lifeline to its under pressure nickel mining sector, but the solution on offer is more of a band aid than the needed major surgery, the carving of the global nickel industry into green and dirty.

Reuters | February 19, 2024 | 4:09 pm

BHP says nickel faces “difficult multi-year run”

BHP's strong revenue growth of 6% was underpinned by higher…

Reuters | February 19, 2024 | 1:50 pm

Australia’s iron ore giants to lean conservative on dividends, analysts say

BHP and Rio Tinto are expected to report earnings flat…

Reuters | February 19, 2024 | 10:16 am

Australian lithium stocks rally on speculation of China mine closure

Australian lithium stocks rallied on speculation that CATL had closed…

Reuters | February 19, 2024 | 8:27 am

Western Australia offers royalty relief to struggling nickel producers

The government has announced a nickel financial assistance program that…

Reuters | February 17, 2024 | 9:13 pm

Essential Metals rejects Tianqi Lithium-IGO takeover bid

The cash offer by the JV owned by Tianqi Lithium and IGO required approval from at least 75% of Essential shareholders.

Cecilia Jamasmie | April 20, 2023 | 5:32 am

Allkem’s revenue soars on higher prices, improved production

The miner said revenue was $315 million for the three months ended March 31.

Reuters | April 19, 2023 | 3:45 pm

Rio Tinto reports record Q1 Pilbara iron ore shipments, sees inflation risk

The world's biggest iron ore producer shipped 82.5Mt of the steel-making ingredient from its Pilbara operations.

Reuters | April 19, 2023 | 3:44 pm

India’s NMDC explores lithium reserves for mining in Australia

NMDC is the majority owner of a mine located in Mt Bevan and hopes to start mining within two years.

Reuters | April 19, 2023 | 8:00 am

St Barbara to sell W. Australia assets to Genesis for $403m, drops takeover

The revised transaction will result in St Barbara shareholders owning up to 19.5% of Genesis.

Reuters | April 17, 2023 | 10:53 am

Australian court okays BHP takeover of OZ Minerals

Decision was the final hurdle for BHP to acquire OZ Minerals and follows a positive vote from the target company's shareholders.

Cecilia Jamasmie | April 17, 2023 | 9:32 am

Fortescue says no major damage across Western Australian operations after Cyclone Ilsa

Iron ore shipments from Port Hedland quickly resumed after closing due to the cyclone.

Reuters | April 17, 2023 | 8:32 am

Teck attracts interest from Vale, Anglo American and Freeport

The three global miners are among at least six companies that have reportedly approached Teck on transactions post-split.

Cecilia Jamasmie | April 17, 2023 | 4:49 am

Key iron ore port reopens as Australian cyclone moves inland

The key iron ore export hub of Port Hedland reopened after the biggest cyclone to hit Western Australia in at least a decade made landfall.

Bloomberg News | April 14, 2023 | 5:14 am

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