This Month
Stand up to whinging gas giants
Readers’ letters on a controversial drawing in The Australian Financial Review, gas tax, replacing Jacinta Allan, and self-managed superannuation funds.
NSW first to ban new coal mines
Minns government ban on new greenfield coal mines labelled ‘disappointing’ and ‘perplexing’, but openness to extension of existing mines wins support
Coal miners eye price windfall as Indonesia plans export curbs
Prices for the most unfashionable energy commodity are at a 16-month-high, and Australian coal miners could be about to benefit from Indonesian export controls.
NSW threatens to appoint receivers at Gupta’s Tahmoor mine
The government has not picked sides, but has told both camps it will consider appointing receivers if its security over Tahmoor’s mining lease isn’t honoured.
February
Aurizon to keep Queensland rail network after review
Aurizon rejected offers for minority stakes rail tracks business because the rail group believes investors will reap higher returns by retaining it.
Was a Glencore legend betting on the Rio Tinto deal failing?
As Rio Tinto merger talks drove Glencore shares higher, one of the Swiss miner’s founding fathers was busy laying bets that required Glencore shares to slump.
Gupta tips Tahmoor coal mine into VA amid lenders’ wind-up push
Sanjeev Gupta’s eleventh hour attempt to retain control of NSW’s Tahmoor coal mine comes as a group of creditors push for its wind-up in the courts today.
D-Day for Sanjeev Gupta’s Tahmoor as lenders seek receivership
The fate of Sanjeev Gupta’s long-running attempts to retain control of the Tahmoor coal mine is set to be decided as early as this afternoon.
Australia will pay for its Darwin Port mistake
Readers’ letters on the Darwin Port sale, Chalmers’ efforts on inflation, Adelaide Writers’ Week, the RBA’s interest rate decision, and AI and climate action.
January
Oaktree lawyers up as Gupta restarts Tahmoor coal mine sale
The owners of the mothballed NSW coal mine have formally launched a sale process, ending two years of false starts.
WA government backflips, extends Griffin Coal five-year lifeline
Energy security concerns forced the West Australian government to backflip on its vow to end financial support for the struggling Indian-owned miner.
Eraring extension is a stopgap. Not the death knell for renewables
Extending the life of Origin Energy’s power plant for a short period may buy breathing space. It does not rewrite the economics of energy.
Eraring reminder of bumpy, long and costly road to clean energy
The nation will remain tethered to coal unless Labor overcomes the many impediments obstructing the renewables rollout.
Eraring extension exposes Bowen’s credibility gap on renewables
The federal government narrative – that coal is the cause of expensive power and renewables will soon solve it – is looking untenable.
Rio, Glencore coal spin-off would create ‘cleaner’ business: fundies
Professional investors have embraced the potential for a new ASX-listed company, but warn that it will not be easy to land.
New failure hits outage-plagued Queensland coal power plant
The unusual twin failure of both generating units at Callide C has revived doubts about the state government’s plan to run coal power stations for longer.
Canavan brother’s Mayfair takes stake in Queensland coal power plant
A private resources company led by the brother of former resources minister Matt Canavan has taken an interest in Queensland’s biggest power generator.
Rio could spin off ASX-listed iron ore, coal business in Glencore deal
Deutsche Bank analysts told clients that the merger of the two mining majors could lead to a split of the assets into separate Australian and British groups.
Rio’s Mozambique scandal ends with whimper as SEC drops Elliott claim
The US securities regulator quietly called off an eight-year fraud claim against the mining giant’s former chief financial officer late last week.
Coronado halts Queensland coal mine production after death
Authorities are probing an underground incident that killed one person and injured another, adding to the highly indebted miner’s long list of setbacks.
