Biggest Australia coal plant to shut early as renewables surge

Origin Energy could shutter the Eraring facility, in a coal-mining region north of Sydney, as soon as August 2025.

Bloomberg News | February 16, 2022 | 6:37 pm

South32 profit soars on recovery in commodity prices

Underlying earnings for the half-year ended Dec. 31 came in at $1 billion, beating a consensus estimate of $987.5 million.

Reuters | February 16, 2022 | 3:32 pm

Newcrest first-half profit nearly halves on lower production, covid costs

The gold miner posted an underlying profit of $298 million for the six months ended Dec. 31.

Reuters | February 16, 2022 | 2:08 pm

Glencore’s zinc mine expansion met by Indigenous backlash

Australian government judged it failed to adequately consult with Aboriginal custodians over the protection of a sacred site.

Bloomberg News | February 16, 2022 | 9:53 am

Tesla secures 5-year lithium supply from Liontown

Australia's Liontown Resources will provide the EV giant with more 100,000 tonnes of lithium spodumene concentrate a year, starting in 2024.

Cecilia Jamasmie | February 16, 2022 | 4:03 am

Fortescue Metals first-half profit drops 32% as costs weigh

The miner posted an underlying net profit of $2.78 billion, compared with $4.08 billion a year earlier.

Reuters | February 15, 2022 | 3:07 pm

Glencore coal mine in spotlight as methane hotspot emerges

Scientists estimated the Hail Creek mine spewed between 123,000 and 263,000 metric tons of methane last year.

Bloomberg News | February 15, 2022 | 11:06 am

Glencore earmarks $1.5 billion for probes amid record profit

The world’s biggest commodity trader expects long-running corruption investigations in the US and the UK to be resolved this year.

Cecilia Jamasmie | February 15, 2022 | 3:51 am

BHP first-half profits beat estimates and triggers talk of M&A

The world's no.1 miner had a busy six months marked by sweeping changes, including selling its $13 billion petroleum business and a listing unification, while managing pandemic-related disruptions to its business.

Reuters | February 14, 2022 | 2:31 pm

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RANKED: World’s largest clay and hard rock lithium projects

Andrew Forrest’s private nickel vehicle flooded by IPO pitches

Mining is growing rapidly – so are investor-state disputes

Newcrest leftovers don’t appeal to Australia’s top gold miners

Piedmont Lithium’s plans to supply Tesla face skeptical North Carolina officials

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