Mining

More than 300,000 migrants flooded into Australia last year but the figure was the lowest annual pace since June 2022.

Mining billionaire Gina Rinehart’s Hancock Iron Ore has started cutting hundreds of jobs across its Pilbara empire in a move the company claims will add another decade of life to ageing mines.

One of the nation’s biggest unions has voted to down tools at Australia’s most lucrative iron ore port after a months-long stalemate with BHP over a new enterprise bargaining agreement.

Resources Minister Madeleine King has taken a thinly-veiled swipe at Andrew Forrest’s efforts to champion Fortescue’s green credentials and suggested where the billionaire should instead focus his energies.

Foreign investors will be further scared off Australian mining and energy — pushing up power prices and crippling the nascent critical minerals industry— by a retrospective change to capital gains tax rules.

Fortescue’s board has green-lit plans to pour almost $1b into yet another green energy project in the Pilbara as it looks to take advantage of growing demand for clean power, particularly for data centres.

BHP has finally confirmed an end to a tense trade standoff with China, ending seven months of negotiations as the Middle Kingdom sought to shift the balance of power with WA iron ore producers.

Shares in Lynas Rare Earths have slipped despite the miner more than doubling sales in the past three months and revealing it is yet to feel the disruption of the global fuel shock.

Rio is yet to feel the effects of a global oil crisis fuelled by war in the Middle East but concedes it does not know how the ongoing conflict will hit supply chains in the second half of the financial year.

The Federal Government wants France to kick start more critical minerals mining by investing in projects from scratch.

Gina Rinehart’s Hancock Prospecting and Angela Bennett’s Wright Prospecting have both had partial wins in a multimillion-dollar legal battle over some of the world’s most valuable iron ore areas.

Two of Australia’s wealthiest citizens will today find out who is entitled to billions of dollars worth of mining royalties and assets.

Fortescue is urging big miners to help plug a $2.5 billion fuel excise hole in the Federal Government’s Budget by capping the amount they can claim in diesel subsidies.

A senior Trump administration official has told Australia’s mining sector that critical minerals will become one of the pillars of the US alliance as both nations work together to end their reliance on China.

The union spearheading looming strikes at BHP’s iron ore mines warns they will be ‘the first of many’ to sweep through WA’s resources heartland.