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The Greenbushes lithium mine

MiningCommentsPremiumGreenbushes rehab bill surges, profit dives to $708.5m

The future cost to rehabilitate Greenbushes is rising exponentially and the fabled lithium mine’s profitability has fallen dramatically, despite its annual bottom line sticking above $700 million.

Adrian Rauso

Manono

MiningPremiumRio Tinto reportedly eyeing lithium deal in the Congo

Rio Tinto is reportedly keen to ride on the coattails of a deal in the Congo that could unlock a big piece of the world’s largest hard rock lithium deposit and save stranded shareholders of AVZ Minerals.

Adrian Rauso

Tianqi Lithium and IGO’s lithium hydroxide plant in Kwinana.

MiningPremiumTianqi returns to loss on prolonged lithium rout

The lithium miner and refiner also flagged the rising trend of trade protectionism in the industry globally amid the increasing strategic importance of lithium.

Annie Lee

Chris Ellison - Mineral Resources

The West Australian exclusive
The West Australian exclusive
MiningCommentsPremium
The West Australian exclusive
MinRes chops Osborne Park office workers

Mineral Resources has cut 15 white-collar workers from its Osborne Park headquarters, saying it was focused on ‘operational efficiencies’.

Adrian Rauso & Matt Mckenzie

Manono

MiningPremiumGates and Bezos miner hoping to cut AVZ deal

A cutting-edge mining company that counts the ultra-rich Bill Gates and Jeff Bezos as investors could reportedly throw Australian-based AVZ Minerals a lifeline.

Adrian Rauso

Sydney star stock picker Angus Aitken is backing embattled MinRes boss Chris Ellison.

MiningCommentsPremium‘No drongo’: Star broker says MinRes, Ellison a sure thing

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’.

Adrian Rauso

US President Donald Trump.

EconomyCommentsWA well-placed to weather erratic Trump policies: CCIWA

WA is well-placed to weather global headwinds triggered by US President Donald Trump’s erratic policies, but easing population and softer commodity prices will weigh on the State’s economic growth.

Cheyanne Enciso

Liontown achieved an average realised price of $US811/t to bring in revenue of just over $100m.

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MiningComments
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Liontown books $15.2m loss after Kathleen Valley start

One-time market darling Liontown Resources has reported a half-year loss of $15.2 million as Australia’s latest lithium debutant start its first full quarter of commercial production in the northern Goldfields.

Daniel Newell

Mineral Resources managing director Chris Ellison pictured at their offices in Osborne Park.

MiningCommentsPremiumL1 wants new MinRes chair but silent on Ellison successor

Mineral Resources’ biggest shareholder behind Chris Ellison is keen to see the company get a new chair by the end of June, while seemingly remaining a supporter of Mr Ellison staying on as boss.

Adrian Rauso

The Greenbushes lithium mine in WA's South West.

The West Australian exclusive
The West Australian exclusive
MiningCommentsPremium
The West Australian exclusive
Sparkies blow fuse over safety at Greenbushes lithium mine

Electricians helping to build a third chemical grade plant at the Greenbushes lithium mine briefly downed tools last week after fearing they were at risk of electrocution.

Adrian Rauso

Chris Ellison - Mineral Resources

MiningPremiumChris Ellison backer L1 Capital buys the MinRes dip

A major Mineral Resources shareholder and Chris Ellison cheerleader is continuing to double down on its investment in the floundering miner and mining services provider.

Adrian Rauso

Mineral Resources' Wodgina lithium mine

MiningPremiumCredit ratings agency downgrades Mineral Resources

More problems have been piled onto Mineral Resources’ creaking balance sheet after credit ratings agency Fitch downgraded the miner’s repayment score.

Adrian Rauso

Zimbabwean President Emmerson Mnangagwa during a ceremony of the Sabi Star Lithium Mine in Buhera, Zimbabwe, 2022. Shaun Jusa / IMAGO

MiningPremiumAfrican lithium rush dashes hopes of WA rebound

Booming lithium supply out of Africa is keeping a lid on the battery commodity’s price despite resurgent Chinese demand.

Adrian Rauso

Mineral Resources managing director Chris Ellison pictured at their offices in Osborne Park.

MiningPremiumASX grills MinRes over dire financials

The share market operator has taken the unusual step of asking Mineral Resources why it failed to warn investors its half-year financial results would be as bad as they were.

Adrian Rauso

IGO chief executive Ivan Vella speaking at a WA Mining Club lunch at Burswood.

MiningPremiumKwinana carnage pulverises IGO to a $782m loss

IGO is unsure how badly its Kwinana lithium refinery will be stung by a Chinese ban that threatens to induce more pain at a misfiring processing plant already decimating the miner’s bottom line.

Adrian Rauso

Dale Henderson, chief executive officer of Pilbara Minerals, now rebranded as PLS.

MiningCommentsPremiumPLS boss shakes off tough lithium market after $69m loss

The ‘tumultuous’ lithium market has sent Pilbara Minerals to a $69 million loss in the six months to December but boss Dale Henderson still has an eye on growth options.

Matt Mckenzie

Mineral Resources - Mark Wilson and Chris Ellison

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MiningCommentsPremium
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Ellison keeps MinRes succession cards close his chest

Chris Ellison urged MinRes shareholders to move on from his various misdeeds, refused to rule out maintaining strong links to the firm he founded, and contradicted a past statement he made.

Adrian Rauso

Chris Ellison - Mineral Resources

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MiningCommentsPremium
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MinRes shares plummet to four-year low on whopping loss

Lithium price carnage and the adverse effect of a strong US dollar on its huge debt pile has dragged Chris Ellison’s Mineral Resources deep into the red.

Adrian Rauso

Julian Andrews, chief executive of Deterra Royalties, a company spun off by minerals sands miner Iluka Resources. Daniel Wilkins

MiningPremiumDeterra payout falls on BHP decline and new lithium play

Digesting a major acquisition and lower iron ore prices have eaten into the lucrative royalty cheques Deterra Royalties passes on to its shareholders.

Adrian Rauso

Global Lithium Resources' Manna project is 100km east of Kalgoorlie-Boulder.

BoardsPremiumGL1 director defends China ties at tense annual meeting

A director seeking re-election at the fiery annual general meeting of dispute-riddled explorer Global Lithium Resources has made assurances a new board would act in the bests interests of Australia.

Simone Grogan

Global Lithium Resources' Manna project is 100km east of Kalgoorlie-Boulder.

MiningCommentsPremiumBombshell moves ahead of tense Global Lithium showdown

Two directors of dispute-riddled explorer Global Lithium Resources have sensationally quit the board ahead of a highly anticipated annual general meeting on Thursday afternoon.

Simone Grogan

Mineral Resources managing director Chris Ellison, left, and company chairman James McClements.

MiningCommentsPremiumEllison’s time at MinRes could stretch well into next year

Mineral Resources is still months away from announcing a new board chair to replace James McClements after a tax scandal and a series or corporate governance disasters forced his decision to exit.

Daniel Newell

Global Lithium Resources' Manna project is 100km east of Kalgoorlie-Boulder.

MiningCommentsPremiumD-Day for lithium explorer’s boardroom barney

Investors split over the future of flailing West Perth explorer Global Lithium Resources are set to cast their vote on whether an outsider boots out management to see it through a market downturn.

Simone Grogan

Chris Ellison is set to leave Mineral Resources.

MiningCommentsPremiumEllison scandal ‘overblown’ as short sellers circle MinRes

Mineral Resources is now the most shorted lithium stock on the ASX as more supporters of its outgoing boss Chris Ellison emerge.

The West Australian