So far, the battle for the future of Sino Iron and its 3000 workers has played out in the courtroom. Yesterday, it shifted. The West joined a Supreme Court judge on his tour of the sprawling mine.
Neale Prior
Clive Palmer’s Mineralogy has intensified its attacks on disclosures by Citic Pacific as they fight over the future of the $20 billion Sino Iron project.
Rio Tinto has questioned a mounting union push in the Pilbara claiming its blue collar workers are some of the highest paid in the country, as a campaign to ditch the miner’s London home narrowly misses out.
Simone Grogan
A Tasmanian iron ore pellet producer and the Southern Ports Authority have pulled plans for a $2.3 billion magnetite mine and a 110 kilometre-long slurry pipeline planned for WA’s Great Southern region.
The departure of director Denise McComish left MinRes in breach of listing regulations that require its audit and risk committee to have at least three directors and be led by an independent chair.
Sean Smith
Fortescue’s goal of hitting full capacity at its high-grade Iron Bridge mine by the end of the year looks uncertain, as does a pre-2030 target to start making money from its green energy ventures.
Simone Grogan and Daniel Newell
The local business provides high-voltage electrical maintenance services for the resources sector, with a focus on iron ore mines.
Shareholders in Mineral Resources have breathed a sigh of relief despite the company losing $250 million of cash in the March quarter and net debt swelling to $5.4 billion.
Adrian Rauso and Daniel Newell
A football team’s worth of lawyers joined CITIC Pacific’s fight with Clive Palmer for the future of its $20b Sino Iron project in the Pilbara.
Clive Palmer’s Mineralogy wants a new permit for something “secret” on mining tenements where the billionaire’s company has repeatedly failed to pay its dues.
Adrian Rauso
The union infiltration of BHP is spreading from mine to port after the iron ore giant was hit with a bargaining application covering more than 300 workers.
The Australian Council of Superannuation Investors has questioned how shareholders can be assured Chris Ellison will abide by plans to step down by mid-2026 when questions over board exits go unanswered.
Clive Palmer has claimed he will allow CITIC Pacific to keep mining at the Sino Iron project less than a week out from a courtroom showdown that was to settle a standoff over the operation’s future.
Mining giant BHP is again being threatened by a union, with its two flagship iron ore mines increasingly the target of unions trying to muscle into the mineral-rich Pilbara.
Mining magnate Clive Palmer has added more kindling to an already fiery legal tussle against Chinese iron ore miner Citic, which has dismissed his new claims as a “distraction”.
Mining giant BHP says it expects to see little fallout on its operations from Donald Trump’s sweeping tariffs but is more concerned by whether it could pull the handbrake on economic growth.
Daniel Newell
Four cyclones in the Pilbara have left Rio Tinto with a $150 million clean-up bill and put the iron ore miner about 13 million tonnes behind its production schedule for the year so far.
Simone Grogan and Adrian Rauso
Spending up to $350 million on a fleet of electric drill rigs is Fortescue’s latest move to fully decarbonise its Pilbara iron ore mines before decade’s end.
Mineral Resources’ plans to build a small-scale iron ore mine in the Pilbara have been waved through by the State’s environmental watchdog.
The union crusade to seize Western Australia’s iron ore heartland continues to ramp up with a massive BHP mining hub being the latest target.
Chris Ellison declared the ‘naysayers’ will ‘once again’ be proved wrong less than 24 hours after a Mineral Resources bear predicted another downgrade to the Onslow shipping forecasts.
Mineral Resources was among the miners spearheading ASX losses today, with the Chris Ellison-led company now worth 79 per cent less than this time last year.
Flash flooding looks to have sunk Rio Tinto’s quarterly iron ore shipments to the lowest level since 2019 and dampened hopes of WA’s most prolific miner reaching its annual production target.
A hedge fund pressuring the Rio Tinto board to abandon its London home has used the disastrous $38 billion acquisition of Alcan to drum up support from investors at the Anglo-Australian miner’s annual meeting.
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