Coal expansion helps lure insurers back to Whitehaven

The development follows Sydney-based Whitehaven’s $3.2 billion purchase of coking-coal operations from BHP Group.

Bloomberg News | October 10, 2024 | 9:03 am

Rio arrives in lithium with a survival-of-the-fittest mentality

The company is planning to invest heavily in further expansion ahead of an anticipated 2030s demand boom.

Bloomberg News | October 9, 2024 | 2:19 pm

Rio pays premium multiple for Arcadium in biggest deal since 2007

“We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair price, and that’s what we’re paying.”

Frik Els and Cecilia Jamasmie | October 9, 2024 | 3:51 am

Rio Tinto buys Arcadium for $6.7 billion cash

Rio's offer is at the high end of expectations representing a premium of 90% to Arcadium’s closing price on October 4.

Cecilia Jamasmie | October 8, 2024 | 11:21 pm

Arcadium’s vast lithium portfolio lures Rio at the right time

So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans.

Reuters | October 8, 2024 | 10:22 am

Atlantic Lithium secures final permit to build Ghana mine

The Ewoyaa mine and processing plant will be Ghana’s first lithium operation and also the company's first mine.

Cecilia Jamasmie | October 8, 2024 | 6:23 am

China is oversupplying lithium to eliminate rivals, US official says

"That is an intentional response by the People's Republic of China to what we are trying to do" with the Inflation Reduction Act.

Reuters | October 8, 2024 | 4:51 am

Hopes for repeat of May’s copper price blowout fade

Copper prices fell sharply on Tuesday after hopes of further stimulus in China evaporated and conditions for a repeat of May’s record setting squeeze faded.

Frik Els | October 8, 2024 | 4:33 am

Iron ore price plunges as China fails to deliver fresh stimulus

Iron ore price down more than 5% on Chinese stimulus disappointment.

Bloomberg News | October 7, 2024 | 10:31 pm

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Last

BHP to spend up to $14 billion on Chilean copper expansion

Sayona, Piedmont to create lithium giant in $623m merger

SRG Global wins $455m worth of contracts across Australia, New Zealand

Forrest’s Wyloo casts doubt over future of rare earths hopeful

Australia’s national investment fund makes first bet on mining

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