The critical minerals party music has now stopped,and the mop-up is ugly.
Lower prices are crushing Australia’s $5 billion nickel sector with BHP to close an ore processing plant after major customer Wyloo Metals announced mine shuts.
The wealth of the three richest Australians,Gina Rinehart,Andrew Forrest and Harry Triguboff,has more than doubled since 2020,at a rate of $1.5 million an hour.
What made share prices jump in 2023? Bulls N’ Bears takes a look at Ardea Resources’ almost biblical-scale PFS numbers that led to a 171 per cent rise.
Mining billionaire Andrew Forrest has escalated his war against oil and gas producers,and Woodside in particular,taking to a helicopter off the remote WA coast to lambast its $18 billion Scarborough gas export project as a “carbon dioxide bomb”.
More than other renewables,wind projects and the transmission lines needed to carry their power impose themselves on the landscape.
The climate change minister wants all levels of government to speed up planning decisions,but would not comment on Tanya Plibersek’s veto of Victoria’s planned wind-farm port.
Normally,the saying is you need money to make money,but in WA it seems you need ore to make more – and keep a close watch on China,costs and the energy transition.
There were no shortage of court battles being waged — or rebutted — by the top end of town in 2023. We revisit some of the cases that left us shocked,bewildered and sometimes even entertained.
Global conglomerates paid billions of dollars for Australian brands this year – and some experts believe Aje,Smiggle,Peter Alexander could be next.
At the COP28 climate talks in Dubai there was a push by some to use nuclear power as a clean energy option,but critics say it’s too expensive and will take too long to build to make a difference in reducing carbon emissions.