Australia Top Stories

Rio Tinto looking at synergies to reshape portfolio, not big M&A

"The last thing we need is very big M&A, because it's very disruptive and it takes you off course," CEO Jakob Stausholm said.

Reuters | December 5, 2023 | 2:34 pm

Researchers map Australia’s path to address yearly A$4 billion on mine closure expenditures

Annual expenditures on mine closure and rehabilitation activities in Australia…

Staff Writer | December 5, 2023 | 6:06 am

Liontown takes next step in Olympio’s Mulwarrie lithium project

Following completion of stage one, Liontown can own up to…

Staff Writer | December 5, 2023 | 3:47 am

Evolution Mining to buy 80% stake in Northparkes

Evolution agreed to buy the stake for $400 million in…

Reuters | December 4, 2023 | 2:42 pm

Rio Tinto approves $77 million for Rhodes Ridge project development

Rhodes Ridge is one of the world’s best undeveloped iron…

Reuters | December 4, 2023 | 2:39 pm

Australia learns there’s no replacement for the Chinese consumer

Coal is the only sector not necessarily affected by Australia's 30-month trade rift with China.

Bloomberg News | November 20, 2022 | 1:04 pm

Nativ Carbon completes largest reforestation project ever in Australia

The Moora project included the use of more than 40 biodiverse species and over 1.2 million seedlings.

Staff Writer | November 18, 2022 | 6:50 am

Plans for OPEC of nickel finds doubters in Australia, Canada

Indonesia is the biggest producer of nickel by a wide margin and is home to around 20% of the world’s deposits of the metal.

Bloomberg News | November 17, 2022 | 2:19 pm

Rio to pursue Turquoise bid after ending talks with minority shareholders

Rio said it will proceed with the acquisition of the 49% stake in Turquoise and will work with the special committee for a new shareholder meeting.

Reuters | November 17, 2022 | 2:12 pm

OZ Minerals backs BHP’s improved $6.5 billion offer

BHP plans to splash cash on nickel exploration and a deal with OZ would give it access to projects.

Reuters | November 17, 2022 | 2:05 pm

Andrew Forrest commits $500 million for Ukrainian reconstruction fund

The Ukraine Green Growth Initiative will focus on building out infrastructure projects in energy and communications, including a green energy grid.

Reuters | November 17, 2022 | 9:50 am

BHP, Rio Tinto, Fortescue launch pilot program to create safer workplaces

The pilot program will be completed by volunteers who are currently undertaking apprenticeships or traineeships with the three companies.

Staff Writer | November 17, 2022 | 6:12 am

Ex-Tesla Australia boss admits to insider trading

Kurt Schlosser, former head of Tesla’s Australian operations, bought shares in Piedmont Lithium after becoming aware that Tesla had reached an agreement with the mining company.

Bloomberg News | November 16, 2022 | 2:53 pm

Anglo American greens Australia operations

The company has reached an agreement with the Queensland government to supply all of its Australian power needs from wind and solar generation by 2025

Henry Lazenby | November 16, 2022 | 2:20 pm

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