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Iron ore dropped to the lowest level in 10 months as the steelmaking material faced a double whammy of limp Chinese construction activity and a renewed surge in supply.
Australia’s richest lithium mine earned $6.3b for its owners in 2023 as a production surge made up for the battery metal’s price slump.
Another wave of pain is set to wash over WA’s floundering nickel miners with Indonesia set to expand its supply stream of the metal.
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Red tape, bureaucracy and duplicated requirements are derailing major projects and the nation’s progress, according to Telstra and other industry leaders.
Iron ore major Rio Tinto paid $US6.6b ($A10b) in Australian taxes and royalties for 2023, affirming its proclaimed spot as one of the biggest taxpayers in the country.
More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment.
Federal Labor says it is no longer pushing ahead with a plan to put a 40km/h speed limit across highways in Australia’s sparsely populated mining regions, but questions still linger.
A leaked document shows the Albanese Government is planning to put a 40km/h speed limit across highways in Australia’s sparsely populated mining regions as part of controversial ‘Nature Positive’ laws.
Gold prices hit a new all-time high on Thursday, and there’s still room for it to surge as several countries are on a gold-buying spree.
BCI Minerals has secured an offtake deal with an Indonesian chemicals giant that moves it closer to unlocking the door to a pool of cash for its Mardie salt project near Karratha.
Australia and China’s relationship has stabilised but Foreign Minister Penny Wong made it clear during talks there are outstanding concerns about nickel, lobsters, and global security.
BHP is seemingly trimming its nickel operations as much as possible before making a decision on the continued existence of Nickel West.
Australia’s farmers are ‘extremely concerned’ about Federal Labor’s proposed ‘nature positive’ reforms, piling further pressure on the nation’s food supply.
Iron ore hit the lowest level since last May on Monday morning to trade well below $US100 a tonne ahead of data from China that may point to further weakness across its vast steel industry.
While BHP’s nickel pain deepens Chris Ellison’s Mineral Resources has pounced on the looming collapse of the industry to double down on its long-term prospects for lithium and open a third WA processing hub.