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Wong reminds China of iron ore exports to secure fuel supply
20+ hour, 2+ min ago (86+ words) Fuel crisis: Penny Wong reminds China of iron ore exports to secure fuel supply'AFR Beijing | Foreign Minister Penny Wong on Wednesday urged senior officials in Beijing to prioritise fuel shipments to Australia, emphasising the country's commodity exports to China in…...
Critical minerals laggard Europe looks to Australian miners
1+ day, 7+ hour ago (78+ words) AFR Frankfurt | Resource-poor Europe is battling the perception that it is lagging in the global race to secure supplies of critical minerals. As the US engages allies such as Australia to help it break China's near-monopoly on the metals and…...
Oceana, backed by Bellevue Gold duo, eyes Brazilian rare earths mine
3+ day, 3+ hour ago (54+ words) AFR Oceana Metals, an ASX-listed minnow backed by former Bellevue Gold boss Steve Parsons and director Michael Naylor, has put an acquisition target and associated fund-raising to investors after a ten-week trading suspension. Former Bellevue Gold managing director Steve Parsons....
Chris Ellison's bitter Pilbara Port feud heads to trial
3+ day, 13+ hour ago (78+ words) AFR Shortly after the first ore from Mineral Resources' flagship Onslow iron project left the Pilbara in mid-2024, billionaire founder Chris Ellison fired off an email to West Australian Premier Roger Cook. The $3. 5 billion project had survived a trouble-plagued haul road…...
The big miners are winning from the war (so far)
4+ day, 9+ hour ago (68+ words) AFR The Middle East conflict has been underway for almost six weeks and Australia's biggest export industry is beginning to emerge as one of the clear winners. Rio Tinto's quarterly update this week offered proof that prices for the miners…...
BHP adopts yuan-based index for some Chinese iron ore sales: report
5+ day, 19+ hour ago (115+ words) AFR BHP is said to have struck a deal with China's state-backed iron ore buyer to use a yuan-based spot index to price some of its sales of the commodity, according to an influential Chinese business publication. The publication, Caixin,…...
Fortescue to spend $1b more on green energy as shipments hit record
6+ day, 3+ hour ago (104+ words) AFR Fortescue is doubling down on its renewables strategy amid a global surge in diesel prices, pledging to spend an additional $1 billion on green energy at its flagship Pilbara hub, as the mining giant ships iron ore to China at…...
Flush with cash, European Lithium is a prime target for its own spin-off
1+ week, 10+ hour ago (167+ words) Here's a merger opportunity hiding in plain sight. Former Perth Glory owner Tony Sage is the executive chairman of European Lithium. Paul Kane/Getty Images In 2024, ASX-listed explorer and developer. .. Here's a merger opportunity hiding in plain sight. Barely two…...
MA Moelis names new natural resources banking lead
1+ week, 23+ hour ago (116+ words) AFR It hasn't taken long for MA Moelis Australia to replace its resources sector coverage lead. Managing director and head of mining and metals Adam Bill exited the firm just before Easter to take up a position as head of…...
After Kestrel's blockbuster exit, Coronado set to join coal M&A action
1+ week, 19+ hour ago (110+ words) AFR Coronado Global Resources is preparing to test bidder appetite for its $1 billion Curragh coking coal mine, two years on from the failure of a deal to sell a sizeable stake in the entire business to Czech giant Sev. en....
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