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.
Simone Grogan
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.
Adrian Rauso
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.
Mineral Resources and its founder Chris Ellison are facing a court showdown following a series of scandals that have cut the lithium and iron ore miner’s market value in half over the past six months.
Daniel Newell and Adrian Rauso
Justice Michael Lundberg has agreed a request by the mine’s Chinese owner CITIC to visit the site to inform his understanding of the project for a courtroom battle with Clive Palmer’s Mineralogy.
Sean Smith
Global explosives manufacturer Dyno Nobel is testing a more environmentally-friendly way to blow up the earth for mining.
Australian iron ore production is set to plateau within three years, while trade battles and an ageing China loom as hurdles for the State’s top industry.
Matt Mckenzie
BHP’s iron ore boss has lauded the Cook Government but suggested its federal counterpart is putting WA’s mining industry at risk of being overtaken by the likes of Argentina, Canada and Chile.
The bold new move against Rio Tinto could spark the first union deal at a mine in WA’s most resources-rich region for more than 30 years.
Mineral Resources has cut 15 white-collar workers from its Osborne Park headquarters, saying it was focused on ‘operational efficiencies’.
Adrian Rauso & Matt Mckenzie
Iron ore swung between gains and losses on market uncertainty around steel output cuts and as industry stalwart Andrew Forrest expressed hope that China is serious about supporting its economy.
Katharine Gemmell
Iron ore road trains are rolling once again on Mineral Resources’ contentious Onslow haul road, but the miner has given no details on any new safety measures put in place to avoid another rollover.
Mineral Resources has lowered the bar to be hired as an Onslow haul road truck driver, despite a spate of truck rollovers caused by ‘operator error’ along the issue-ridden road.
A joint venture led by Rio Tinto has thrown its hat in the ring to snare the crown jewel of CZR Resources from the clutches of two WA iron ore juniors.
A bitter battle for a local iron ore developer is brewing after Gold Valley’s owner accused CZR Resources of ignoring a ‘far superior’ buyout offer.
Whyalla’s administration extended for a year as administrators raise safety fears and judge warns GFG Alliance related party transactions probe hampered by lack of records access.
Neale Prior
The mining giant says Australian shareholders will have to pay more tax if its London listing is scrapped and rubbished suggestions that $US50 billion of value has been wiped out by its dual-company structure.
Mineral Resources has hit another financial pothole by pulling all iron ore trucks off its trouble-plagued $2.6 billion Onslow haul road after notching half a dozen rollovers on the crucial transport link.
Another truck has toppled over on Mineral Resources’ private Onslow haul road, bringing up the tally of incidents on the flood-damaged stretch to six since August 2024.
Fortescue has joined a laundry list of global business heavyweights using a lobbying firm run by Donald Trump’s friend and fundraiser.
A West Coast Eagles board member has lasted less than a year as Fortescue’s chief spin doctor amid more belt-tightening at the iron ore miner.
MinRes shares are surging as brokers get behind the battered miner and its boss, with one prominent Sydney stock picker saying Chris Ellison is not ‘a drongo’.
The mining body and backer of a nascent green steel industry has lauded the Federal Government’s call to earmark $750 million for lower-emissions projects, and says iron ore miners should be first in line.
Threats of job losses, uneven rosters and a growing reliance on labour hire firms were all major factors that pushed WA Rio Tinto workers into union arms, an expert has declared.
