Mining

Fortescue shares plunged to their lowest since November 2022 after a US investor offloaded nearly $2 billion worth of stock in the Andrew Forrest-led company on Monday night.

A firm accused of stealing Fortescue's trade secrets is challenging an ‘unduly extensive’ order for the seizure of items from its premises and directors' homes.

Demand for solar panels, electric cars and batteries are seemingly behind China’s push to gain rights to the critical minerals scattered across the ocean floors - but does the superpower have other incentives?

An agreement behind closed doors has abruptly concluded a bitter court stoush between Mineral Resources and Steven Pigozzo over suspect payments made by suppliers.

Australia’s businesses are increasingly united against Federal Labor’s radical environmental law reforms, with one lobby group boss stating job opportunities will be whittled down to taxis and cafes.

Fortescue’s energy boss Mark Hutchinson is resolute on green hydrogen despite an admission electricity cost targets for projects in Australia are ‘not possible’ right now.

Rio Tinto says it has now exported enough iron ore from the Pilbara to China to build about 45,000 Sydney Harbour Bridges.

Corporate heavyweights have bypassed Environment Minister Tanya Plibersek in a private appeal to Prime Minister Anthony Albanese to intervene on Labor’s controversial Nature Positive Plan.

Fortescue is making hundreds of white-collar workers redundant as Andrew Forrest concedes the mining giant will have to break a key green hydrogen promise.

BHP has capped off the year with record iron ore production and strong output from other commodities across its global resources portfolio, including its highest copper production result in 15 years.

The Association of Mining and Exploration Companies has argued the furore about a lack of consultation on Nature Positive has masked real concerns from industry about the contents of the contested reform.

Andrew Forrest’s Fortescue has lost yet another senior executive, with Asia Pacific energy boss Eva Hanly understood to have parted ways with the company.

Rio Tinto has been given a clear runway to spend $9.2 billion on developing a mega West African mine that could dethrone the Pilbara’s iron ore supremacy.

There’s been a silver lining from the implosion of the local nickel mining industry for WA’s gold producers needing all hands on deck to capitalise on the precious metal’s record price.

Federal Resources Minister Madeleine King says BHP’s decision to mothball its WA Nickel business is ‘disappointing’ but agrees with the Big Australian’s belief that the nickel market can do a U-turn.