Yesterday
Billionaire taps into couples workforce with iron ore ‘love shacks’
Minerals Resources boss Chris Ellison says the company’s on-site accommodation for couples is as good as anything at a beachside resort in Broome.
- Brad Thompson
This Month
Climate vow hits pipeline full of coal, oil and gas
Latest figures in the Department of Industry, Resources and Sciences quarterly resources sector report card illustrate mixed progress towards decarbonisation.
- Ronald Mizen
Rinehart and Forrest set for battle of the billionaire boots
Gina Rinehart’s acquisition of Rossi Boots and its trademarks paves the way for her to produce Kidman-branded apparel, and compete with Andrew Forrest’s R.M. Williams.
- Brad Thompson
Rinehart calls for tax cuts, criticises renewables and ‘eyesore’ solar panels
Gina Rinehart, named The Australian Financial Review Business Person of the Year, demanded a cut to taxes, while Boris Johnson spoke in defence of Donald Trump.
- Edmund Tadros and Maxim Shanahan
Gina Rinehart looks to life beyond the rivers of cash from iron ore
The mining magnate, crowned The Australian Financial Review Business Person of the Year, is recognised for the role she has played in shaping Australia’s economy.
- Brad Thompson
The Australian Financial Review names its Business Person of the Year
Gina Rinehart has capped an extraordinary year of deal-making across the mining, energy, agribusiness and retail sectors by taking out the top honour.
- James Thomson
Iron ore above $US100 to deliver budget windfall next year
Market pundits say the government’s “too low” iron ore forecast – more than 50 per cent below current levels – will push the budget into a surplus.
- Joanne Tran
- Opinion
- Chanticleer
We’re still the iron ore lucky country. It won’t last forever
A surging iron ore price is driving Australia’s post-pandemic budget repair, the mid-year update shows. But the lucky country’s resources luck shouldn’t be taken as a given.
- Updated
- James Thomson
Arrow Minerals calls in Delta Lithium exec, taps Euroz for raise
Street Talk understands the miner has its broker Euroz Hartleys circulating term sheets to investors with a heavy-hitting new board and management team.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Slumping China, hidden dragon: Solving the great iron ore mystery
China’s economy is weak, yet iron ore prices have climbed 33 per cent since mid-August. BHP’s chief economist tells us how this is possible.
- James Thomson
- Updated
- Carbon challenge
Rio Tinto defers carbon spend, raises Simandou costs to $9.4b
The Guinean iron ore project will drive the miner’s spending to $45 billion over three years, and it would be higher if not for deferred decarbonisation spending.
- Updated
- Peter Ker
- Opinion
- Chanticleer
Why Rio’s betting $10b on the iron ore mine that ‘shouldn’t be built’
Critics say Rio Tinto’s Simandou iron ore mine will add to a supply glut and push down prices. But CEO Jakob Stausholm is building a case for growth.
- Updated
- James Thomson
Vale says China can’t control price of iron ore
“The rule of economics [is] going to drive the price, the rule meaning supply and demand,” Vale chief executive Eduardo Bartolomeo says.
- Mariana Durao and Thomas Biesheuvel
Fortescue holds on to Gabon dream as Rio Tinto plays Pilbara long game
Fortescue has sent its first shipment of African iron ore to Asia, while Rio vows to spend half a decade proving up Australia’s next big mine.
- Peter Ker
China is losing the battle against iron ore price controls
The latest rally poses a strategic dilemma for Xi Jinping’s policymakers as they seek to support the debt-laden property sector.
- Michael Smith
November
- Analysis
- Inside China
China tightens grip on rare earths as its economy wanes
China’s economic growth is slowing, but it is trying to strengthen its stranglehold on critical minerals such as graphite, amid a US strategy to derisk from China.
- Michael Smith
China’s property stimulus creates iron ore price conundrum
Beijing is taking the most decisive steps yet to ease the impact of a devastating real estate crunch, but it’s also grappling with the price of iron ore.
- Bloomberg News
$A forges fresh highs as traders eye US70c
The local currency has jumped almost 4 per cent in November, buoyed by the diverging interest rate outlook between the Australia and the US.
- Cecile Lefort
Iron ore hits nine-month high on new China stimulus
Futures on the Singapore exchange crossed $US130 a tonne as traders felt upbeat about the latest stimulus measures from Beijing to support its property sector.
- Joanne Tran
Rose, indiscretion and money: Why Rinehart and her father fell out
Decades old private correspondence between a mining icon and his daughter, Australia’s richest person Gina Rinehart, sheds new light on their relationship breakdown.
- Tom Rabe
