October 21, 2022

ISS sides with top Turquoise Hill investors in dismissing Rio takeover

ISS recommended Turquoise Hill shareholders vote against Rio’s cash offer to acquire 49% of the stock it doesn’t own for C$43 a share, the firm said.

October 21, 2022

Rio Tinto board needs mining skills, geographical diversity – chairman

The seven independent directors on the board of the mining giant have mostly experience in finance, capital markets, law, and oil and gas.

October 20, 2022

Allkem’s quarterly revenue falls about 12% as output drops

Allkem had in August flagged labour and equipment shortages in Western Australia which forced the company to cut its fiscal 2023 production forecast.

October 19, 2022

Syrah Resources to explore supplying graphite to LG Energy Solution

The miner said its unit has been selected for a grant of up to $220 million by the US Department of Energy.

October 19, 2022

Iron ore price lowest in 11 months on supply pressures, weakening demand

Iron ore prices dipped on Wednesday after BHP reported higher quarterly output of the steelmaking ingredient, adding to supply-side pressures.

October 19, 2022

China to remain a key trade partner for Australia, official says

Australia has been a rare beneficiary of Russia’s war on Ukraine.

October 18, 2022

Whitehaven Coal posts 23% drop in output on flood woes

Australia's largest independent coal miner reported managed run-of-mine coal production of 4 million tonnes for the quarter ended Sept. 30.

October 18, 2022

BHP quarterly iron ore production rises on lower covid-19 impacts

The world's largest miner said iron ore production from Western Australia was 72.1 million tonnes in the quarter ended September 30.

October 18, 2022

Cheapest path for big methane cuts goes through Australia’s mines

Cutting methane leaks from coal mines is the cheapest way for Australia to significantly reduce emissions of the potent greenhouse gas, according to a new analysis.

October 17, 2022

Rio Tinto tempers annual iron ore shipments outlook as demand weakens

Rio has been battling with a surge in production costs while iron ore prices continue to slide.