News Articles for Mineral Resources

Stocks in WA lithium players recorded double-digit gains on the ASX in morning trade, including Mineral Resources, Liontown Resources and Pilbara Minerals.

Mineral Resources will push back growth plans amid uncertain lithium and iron ore prices, while junior ore hopefuls are reaching out about the miner's Onslow assets.

Mark Beyer and Jack McGinn discuss the major findings from the domestic gas inquiry; Collgar's wind farm plan; Western Power's nuclear stance; Pilbara energy enablers; Perdaman's Karratha plan; the price of iron ore; Nicheliving's woes and Sanur's Subi battle; Vern Wheatley's legacy, and preview the upcoming edition of the Business News magazine.

The long-awaited report into the state's domestic gas policy will be tabled this week, a deadline confirmed hours after opposition voices warned of the consequences of further pushback.

Kerry Stokes-backed Beach Energy is on track to deliver long-awaited first production from the second stage of its Waitsia stage two project in early 2025.

Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.

WA Mines Minister David Michael has ruled out royalty relief for lithium producers in the immediate term, but insists he is listening to the concerns and needs of industry.

A record 758 million tonnes of iron ore was exported from the Pilbara last financial year as pressure mounts to build more bulk handling facilities.

Chris Ellison-helmed Mineral Resources will reportedly shed 100 white-collar jobs from its Perth headquarters due to the Yilgarn hub shutdown.

Newly merged Westgold Resources and Karora Resources have lauded the timing of their deal to create a consolidated gold miner, after tying a ribbon on their transaction today.

Strike Energy has locked in a $48.5 million contract for its 85-megawatt South Erregulla peaking gas power plant in the state's Midwest, as it awaits regulatory go-ahead on the plan.

Triangle Energy Global's hunt for onshore oil and gas in Western Australia has grown white-hot, with the spudding of its Booth-1 exploration well at the Booth prospect marking the launch of a highly-anticipated drilling campaign in the underexplored North Perth Basin. The drilling is targeting a hefty 279 billion cubic feet resource as part of Triangle's joint venture agreement with Strike Energy and Echelon Resources.

Legal proceedings between former Mineral Resources procurement manager Steven Pigozzo and the Chris Ellison-led company have wrapped up.

Mineral Resources has benefited from higher lithium prices across its battery metals operations but is still holding back until market conditions improve.

With Mineral Resources turning a chapter and pulling the plug on its Yilgarn iron ore hub in Western Australia, the race for potential suitors vying for a look in at Esperance's newly-released rail and port capacity is hotting up. And the star-studded list of runners and riders positioning at the starting blocks makes for some very interesting reading.

Triangle Energy's hunt for onshore oil and gas at its Booth prospect in Western Australia's North Perth Basin has stepped up a gear, with spudding of its Booth-1 well anticipated at the end of this month and drilling expected to begin in about 10 days. The company is targeting a vast 279 billion cubic feet resource at Booth.

Record spodumene exports and strong demand for caustic soda and fertiliser have lifted annual trade figures in WA's south to new highs.

Shutdowns and cutbacks in Western Australia's nickel, iron ore, alumina and lithium sectors have led to the loss of about 6,300 jobs this year.

WA Labor has received almost $140,000 worth of donations since the state's new disclosure laws kicked off on July 1, with Perdaman the latest business to give to the party.

Global Lithium Resources has confirmed Geoff Jones has resigned as the company's non-executive chair, effective immediately.

Junior miner Fenix Resources will dust the cobwebs off its Shine iron ore mine in WA's Mid West by the end of the year.

A new cargo wharf under construction in Port Hedland will enable the import of wind turbines and slash cargo vessel backlogs which have blown out to more than a week.

High-value magnetite could be the key for Mineral Resources to dust off the cobwebs of its Yilgarn iron ore precinct, which will be shut down at the end of the year.

Mineral Resources will close its Yilgarn iron ore operations by the end of the year in a move expected to affect about 1,000 jobs.

In this week's edition of Bulls N' Bears Big Hits, we examine some of the more curious drill intersections revealed on the ASX, including Culpeo Minerals' biggest-ever run of 298m at 0.98 per cent copper equivalent from 90m downhole. We also take a close look at other notable drill hits last week from Wildcat Resources, Spartan Resources and Terra Metals.

Kerry Stokes-backed BCI Minerals has announced it will divest its Iron Valley assets to Mineral Resources for up to $72.6 million.

The opening up of Esperance's port could unlock a new iron ore precinct in WA's Goldfields and remote Mid West.

Mineral exploration company Galileo Mining has announced its farm-in and joint venture with a wholly-owned subsidiary of Chris Ellison-backed Mineral Resources, has been finalised.

Private iron ore miner Gold Valley has won a three-year battle to move export 1.5 million tonnes of ore per year from its Goldfields mine from Geraldton to Esperance.

Mineral Resources has sold a 49 per cent stake in the haul road linking its Ken's Bore iron ore mine to the Port of Ashburton in a deal expected to be worth $1.3 billion.

A key Perth Basin gas producer has hit back at the state's major gas users for seeking to block LNG exports from onshore projects, accusing them of cartel-like behavour.

The alliance representing the state's largest domestic gas users is ramping up its campaign to keep onshore gas in WA, as the premier's stance on the issue appears to be wavering.

London-headquartered iron ore developer Alien Metals has flagged this year to start building its tiny iron mine in the Pilbara.

A joint bid by Neometals and mining giant Mineral Resources, using electricity to turn purified lithium chloride from South American brines into lithium hydroxide, has entered its final stage at a testing facility in Canada. The pilot testwork progam being undertaken with Neometals' proprietory “ELi” process is aimed at producing a converted material for use in the manufacture of electric vehicle batteries.

The first ore from Mineral Resources' $3 billion Onslow Iron project is being loaded onto a bulk carrier ready for export on budget and ahead of schedule.

Lithium aspirant Kali Metals has appointed seasoned mining executive Paul Adams as its managing director, effective from July 1.

Core Lithium's search for a chief executive has ended, with the miner appointing Paul Brown, effective from June 4.

Poseidon Nickel has recommended exploration at its Lake Johnston project in the Goldfields after a deal with Mineral Resources was terminated.

A Mineral Resources plan to purchase Poseidon Nickel's Lake Johnston nickel plant and convert it to treat lithium mined in the area will not go ahead.

Mineral Resources boss Chris Ellison spoke with unwavering confidence about the miner's project in Onslow, saying there was nothing easier than iron ore.