ASX Announcements
Market Sensitive
RHI: 2nd $200m payment and commencement of 0.75% FOB Royalty
Periodic Reports - Other, Progress Report
- Jun 7, 2024
- 2 pages
Market Sensitive
MinRes sells minority stake in Onslow Iron Haul Road
Progress Report
- Jun 5, 2024
- 2 pages
Market Sensitive
Onslow Iron delivers first ore on ship ahead of schedule
Progress Report
- May 21, 2024
- 5 pages
Market Sensitive
LRD: $1.5M Placement and MINRES Completes DD at Horse Rocks
Progress Report
- Apr 24, 2024
- 4 pages
This Month
Ownership Matters digs deep into MinRes’ ASX adventures
The report – which traverses three lithium hopefuls – suggests “investors may wish to question the adequacy of related party disclosure requirements”.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Morgan Stanley Infra wins in MinRes’ $1b pit-to-port haul road auction
The sale price is around $1 billion for the 49 per cent stake, sources said.
- Sarah Thompson, Kanika Sood and Emma Rapaport
May
Major lithium miners push for a more reliable spot price
MinRes and Pilbara Minerals say a trading exchange would reduce volatility and make the battery commodity more attractive to commercial bank financing.
- Elouise Fowler
Billionaire MinRes boss hits back at Dutton
Chris Ellison says tax credits to help build a critical minerals industry that will be around for decades are of high value to Australia, and the Coalition is on the wrong side of history.
- Brad Thompson
Lithium miners plead ‘foreign entity’ case to US over China links
Lithium miners like Mineral Resources reckon it would be counter-intuitive for their Australian mines to be labelled ‘foreign entities of concern’ by the US.
- Updated
- Peter Ker
Lithium miners shake up trading to tackle wild price swings
Mining companies are changing the way lithium is bought and sold in an effort to curb volatility and get some industry-wide pricing.
- Annie Lee and Yvonne Yue Li
How the west’s miners won over Canberra
The production tax credits on critical minerals processing unveiled in the federal budget were the result of months of careful negotiations that started with a meeting in Perth.
- Brad Thompson
Miners hope for budget tax credits
Lithium and nickel miners who lobbied for tax breaks are set to be among the big budget winners as the Albanese government tries to shore up its ‘made in Australia’ plans.
- Brad Thompson
MinRes in row over lithium processing hub
Poseidon Nickel, worth $22 million, has mounted a David versus Goliath legal battle with $14.1 billion MinRes over assets in the Western Australian Goldfields.
- Brad Thompson
April
- Opinion
- Chanticleer
12 stock picks for a tough investing environment
Low rates and endless stimulus may have left investors unprepared for the difficult environment that lies ahead. Here are 12 stock picks to consider.
- James Thomson
How ex-Bomber went from AFL to a big hit in lithium
Wildcat Resources executive director Matthew Banks played three games for Essendon, including two Anzac Day blockbusters. His career in mining has been more successful.
- Brad Thompson
MinRes says $1b debt-reducing haul road sale is still on track
The iron ore and lithium miner expects to sell a stake in a haul road by June 30 as it weighs up a big investment in onshore gas processing.
- Brad Thompson
$25b economic hit built into forecasts for iron ore epicentre
The value of production linked to Port Hedland, where most of the iron ore mined in WA is loaded for export, is expected to peak at $89.2 billion this year before a steep fall to $64.2 billion in 2027-28.
- Brad Thompson
Chinese miners in $2.5b payday from Australian lithium holdings
Despite softer prices, and restrictions on ownership of critical minerals, some of the original backers of local developments are now seeing windfall returns.
- Elouise Fowler
China’s biggest steel maker exits Queensland coal
Chinese state-owned steel maker Baowu has called time on a dirty decade by selling an undeveloped coal asset acquired in the 2014 takeover of Aquila Resources.
- Peter Ker
March
MinRes to auction lithium in quest for ‘real price transparency’
Chris Ellison’s Mineral Resources and New York-listed Albemarle sell lithium above spot price amid renewed efforts to make China-dominated market transparent
- Brad Thompson
Mining rock stars Beament and Finlayson face their reinvention tests
The divergent paths taken by Bill Beament and Raleigh Finlayson over the past two years sum up Australian mining’s green transition. Who’s on the right track?
- Peter Ker
MinRes to retrofit WA nickel plant for lithium processing
The Chris Ellison-led Mineral Resources will cash-in on nickel’s collapse by using idle infrastructure to process lithium.
- Brad Thompson
First-round offers in for MinRes $1b pit-to-port haul road sale
Morgan Stanley Infrastructure Partners has tapped Perth-based corporate advisory firm Azure Capital for help with diligence and funding
- Sarah Thompson, Kanika Sood and Emma Rapaport
Contract dispute hits MinRes’ $1b haul road sale
Mineral Resources’ plan to reduce debt by selling 49pc of a new haul road has been shaken by a contractor’s decision to walk off the job over quality concerns.
- Peter Ker and Brad Thompson
