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UNCOVERED: 6 - Caught on Camera

8 mining firms indicted by CAG in Odisha are political donors

Last month, a Comptroller and Auditor General report had pointed to serious lapses on part of the Odisha government which substantially helped 23 private companies deal a loss of Rs 22,392 crore in mining revenue from 2015 to 2022. Newslaundry has now found that eight of these companies, which caused…

Newslaundry

Andrew Forrest says net zero is ‘fantasy’ so his goal is ‘real zero’. What does he mean – and can he achieve it?

The mining tycoon says his iron ore business will stop using fossil fuels by the end of the decade without carbon offsets or carbon capture and storage

The Guardian - AU

What’s causing China’s economic downturn and what does it mean for Australia?

Oversupply and deflation are spooking markets, while falling demand for coal and iron ore threatens to further hamper anaemic Australian growth

The Guardian - AU

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Fortescue 'doubling down' on green iron despite leaks

Mining giant Fortescue pledges to create a green metals industry grounded in Australian ore and renewable energy, after pulling back on championing hydrogen.

AAP

BHP's climate transition 'more than window dressing'

Resources giant BHP has defended the carbon footprint of its mining operations even as demand for traditional commodities and future-facing products expands.

AAP

Australia won’t have ‘green steel’ to itself. Africa is poised to become a global hub

Australia is at the forefront of efforts to turn steelmaking green.

The Conversation

Iron ore price drop sounds budget alarm bells

David Littleproud has cautioned the government to keep an eye on its spending as China forecasts worsening demand for Australia's most important export.

AAP

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Greens condemn ‘deeply flawed’ deal – as it happened

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The Guardian - AU

View from The Hill: Amid their ugly fighting over Gaza visas, will Labor and Coalition land deals this week on CFMEU and NDIS?

Amid continued fractious debate about visas for Palestinians, the Albanese government will be trying in parliament this week to “land” two crucial pieces of legislation.

The Conversation

Breakthrough Study Reveals Origins Of World's Largest Iron Deposits

Discover how the breakup of a supercontinent led to the formation of massive iron ore deposits in Western Australia, offering valuable insights for future ...

Top News

Chinese Premier Li Qiang Focuses On Australian Investments

Chinese Premier Li Qiang's visit to Perth strengthens economic ties with Australia, focusing on critical minerals and clean energy investments.

Barchart

Should You Buy This 'Strong Buy'-Rated Mining Stock with Over 6% Yield?

While Rio Tinto has a consensus rating of 'Strong Buy' from analysts and boasts of a dividend yield of over 6%, let's see if the mining giant is really a compelling buy at these prices.

Homes & Gardens

How to decorate with Sherwin Williams’ Iron Ore – a ‘sophisticated, warm and timeless gray’

Designers love this contemporary hue for its cool tones and moody vibes. Here’s how they use the shade

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The Hindu

At ₹558 crore, highest-ever seizures made in Karnataka

The Election Commission has seized a whopping ₹557.69 crore from March 16, when the model code of conduct (MCC) for the Lok Sabha election came into force, till the end of the final phase of polling on May 7 in the State. This is the highest-ever pre-poll seizure that has…

Barchart

Why Suitors Are Desperately Seeking Anglo American Stock

Producers all want to increase copper output to take advantage of rising demand in EVs, grid infrastructure and data centers - but that bullishness isn’t translating into the huge investments needed to develop new mines. Thus, the start of a bidding war for Anglo American.

AAP

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.

AAP

BHP's $60b copper power play rejected by British rival

BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.

AAP

Miners help dig Australian shares out of a deep hole

The ASX200 finished up 0.5 per cent as rising commodity prices helped the minerals-heavy index bounce back from a five-day losing streak.

AAP

Fortescue compo should include land and ore, court told

A court considering how much compensation traditional owners could receive from Fortescue Metals Group has been hearing evidence on how it could be calculated.

Top News

China's Iron Ore Imports Increase Amid Growing Inventories

China's increasing iron ore imports and inventories reflect growing demand and strategic stockpiling, influencing global market trends.

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