Rio arrives in lithium with a survival-of-the-fittest mentalityThe 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…Frik Els and Cecilia Jamasmie | October 9, 2024 | 3:51 am
Arcadium’s vast lithium portfolio lures Rio at the right timeSo far the market is working in Rio's favor, as…Reuters | October 8, 2024 | 10:22 am
Australia’s lithium industry seen bearing brunt of supply cuts Goldman Sachs sees lithium prices falling further in 2025. Reuters | August 7, 2024 | 7:10 am
Glencore scraps plans to ditch coal on investor pressure Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns. Cecilia Jamasmie | August 7, 2024 | 4:03 am
Soaring prices have Australian gold bugs expecting M&A splurge Major Australian companies including Northern Star Resources and Ramelius are reporting stronger cash flows this year. Bloomberg News | August 6, 2024 | 5:52 pm
ERA sues Australia’s resources minister after lease for uranium deposit not renewed The Jabiluka deposit in Australia's Northern Territory is surrounded by the world heritage-listed Kakadu rainforest. Reuters | August 6, 2024 | 7:02 am
EnergyX makes $150 million bid for Galan Lithium’s Argentina assets The bid comes as prices for lithium have tumbled in the past year. Reuters | August 5, 2024 | 1:11 pm
Uranium miners say Australia to miss out on nuclear boom Uranium explorers are calling on Australian state governments to lift bans on mining the fuel. Bloomberg News | August 5, 2024 | 8:05 am
Deutsche Bank sells down coal mine loan to private credit funds The German lender in recent weeks sold about $120 million — half of its exposure — to Australian and Asian credit funds. Bloomberg News | August 5, 2024 | 6:39 am
Australian spodumene producers staying the course amid low prices Australia’s small group of hard rock lithium producers are still expanding output amid continued price optimism Kristie Batten | August 4, 2024 | 3:00 pm
Australia’s QCoal says worker dies at coking coal mine The company runs the Byerwen mine in the Bowen Basin. Reuters | August 3, 2024 | 3:39 pm