This Month
Inside Fortescue’s AI ‘hive’ that could save the mining giant billions
The Andrew Forrest-chaired group has long had green ambitions. Many have not come off. This time, it is banking on automation to end a need for costly diesel.
BHP faces first Pilbara strike in decades after electricians’ ballot
Electrical workers vote to down tools after unions say the miner refused to negotiate, escalating workplace tensions in Australia’s economic engine room.
Twiggy and BHP lock horns over diesel excise rebate
BHP has warned against pushing too quickly to decarbonise the mining industry, given the realities of the international oil shock.
‘We need you’: PM buries hatchet with mining industry
Anthony Albanese says Labor and miners need to set aside their differences and help Australia emerge stronger from the oil shock and unrest in the Middle East.
Brandon Craig is the most powerful anonymous man in mining
He’s a BHP lifer described as humble yet effective. Now the 53-year-old has leapfrogged rivals to rise through the ranks and land the biggest job in resources.
New BHP boss has work cut out for him to deliver copper future
Mike Henry’s appetite for change defied initial perceptions. Now Brandon Craig must prepare for gathering storms.
BHP shift highlights Australia’s stumble in the race for investment
The appointment of new CEO Brandon Craig demonstrates the company’s strong focus on the Americas in a changing centre of gravity for the company’s interests.
BHP’s next CEO bets on Americas and keeping the company whole
BHP veteran Brandon Craig will succeed Mike Henry as the global miner’s chief executive in July, having been running its American minerals division.
Rio, BHP court win unlocks land for mega US copper mine
Rio Tinto and BHP’s legal win was a milestone in their bid to establish a copper mine in Arizona that has been caught in legal tangles for more than a decade.
Lynas Rare Earths inks supply and pricing deal with US government
The US will pay at least $US110 per kilogram for the WA miner’s rare earths, matching the global benchmark and backing its push to secure non-Chinese supply.
China eases ban on BHP iron ore as steel mills rush to buy
Some Chinese steel makers have been urgently transporting popular grades to their plants this week after the CMRG signalled a potential expansion of the blacklist.
Gold powerhouse Northern Star struggles to shed junior explorer past
Investors who followed the company’s Three Wise Men more than a decade ago will have made a killing. But huge expansion is creating serious growing pains.
McGrathNicol axes 238 workers at Gupta’s failed Tahmoor Coal
Almost three-quarters of the workforce at the coal mine south of Sydney are being made redundant by the liquidator, appointed last Friday.
Glencore mulls ASX listing in wake of value gap that foiled Rio merger
A secondary listing of its shares in Australia could push up the valuation of the commodities giant, CEO Gary Nagle said.
Mining’s $260b coffee date goes cold in the colonies
Rio Tinto and Glencore are still following each other around – such is the small world at the top of big mining.
FIFO camp operator expects coal price recovery to spur business
Civeo, which feeds and houses fly-in-fly-out miners, has been adding facilities in Queensland, banking on an upturn in activity in the coal industry.
Smelter, mine court actions are double blow for Sanjeev Gupta
Workers at a manganese smelter in Tasmania and a coal mine in NSW owned by the industrialist face an uncertain future following legal moves on Friday.
Sanjeev Gupta loses bid to appoint administrators to Tahmoor coal mine
The Supreme Court of NSW appointed McGrathNicol’s as liquidators on Friday afternoon.
February
Fortescue rewards investors after record ore shipments boost profit
The Andrew Forrest-led miner boosted its interim dividend by 24 per cent after a strong half driven by 100.2 million tonnes of iron ore being shipped.
Iron ore giants face billion-dollar hit from China-backed price switch
A new index for the country’s most lucrative export has been lower than the long-time benchmark for the vast majority of days since it was launched this year.
