August 30, 2024

BHP moves ahead with expansion of Olympic Dam copper refinery

BHP is aiming to lift its annual output from the region to 500,000 metric tons of cathode by early 2030s, from 322,000 tons produced last year.

August 29, 2024

Mineral Resources tightens belt after lithium, iron ore prices fall

Shares in heavily indebted Australian miner slump, but CEO Chris Ellison isn’t panicking.

August 29, 2024

Mining billionaire who banned work from home targets coffee runs

Mineral Resources chief Chris Ellison’s office policy is something of an outlier in Australia.

August 28, 2024

MinRes won’t undertake more lithium M&A in next year given low prices

The miner said it is highly unlikely to take on further buyouts in the next 12 months.

August 28, 2024

South32 hunts for copper as it returns cash to shareholders

Underlying earnings came in at $380 million, compared with $916 million a year ago.

August 28, 2024

Mineral Resources posts annual profit slump on weaker lithium prices

Mineral Resources reported a nearly 80% slump in its annual profit on Wednesday.

August 27, 2024

Energy Resources of Australia to raise $598 million for uranium project

Rio Tinto, which holds an 80% stake in the company, will subscribe for shares worth A$760 million.

August 27, 2024

Fortescue sets out to meet strong Chinese demand for green iron

The world's fourth-largest iron ore miner will use green electricity from solar farms at its Christmas Creek operations in Western Australia.

August 27, 2024

BHP has nothing good to say about nickel prices

Supply curtailments, project suspensions, slower approvals in Indonesia, halting of Russian deliveries, unrest in Caledonia not enough to change bearish outlook.

August 27, 2024

Industry warns sovereign risk in Australia is rising

BHP the latest to issue warning over Australia’s competitiveness following Regis gold mine rejection.