News Articles for Mineral Resources

Venus Metals has kicked off its maiden reverse-circulation drill campaign at its Youanmi lithium project where lithium-bearing pegmatites were recently discovered at its highly-compelling Deep South lithium prospect. The Deep South lithium prospect sits 44km south of the Youanmi Gold Mine, which is about 450km north-east of Perth in Western Australia's rugged Murchison region.

Australian Potash

Roger Cook has conceded a policy that requires 100 per cent of onshore gas to be used domestically will mean little if it stifles investment, as his government explore its domgas settings.

Macmahon Holdings and Mineral Resources have recently announced major board moves with the appointment of new non-executive directors.

Mark Beyer and Mark Pownall discuss the battery metals shake out; Santos legal delay impacts; high energy prices; HBF cost cut; McCusker charity news, and a magazine preview.

Diversified miner Mineral Resources says its in-house operations model has allowed it to keep its lithium business profitable and cash flow positive, despite depressed market conditions.

Chris Ellison's Mineral Resources has boosted its stake in Kali Metals to 14 per cent, about a week after acquiring an almost 10 per cent shareholding.

Woodside reinvested more than $20 million into Western Australian communities in 2023 as the company ramped up efforts to combat vocal criticism of its multibillion dollar gas projects.

Premier Roger Cook has left the door ajar for the export ambitions of gas developers in the Perth Basin, committing to look at the state's domestic policy settings over the next six months.

Mineral Resources has bought a nearly 10 per cent stake in newly listed Kali Metals, just days after the aspiring lithium miner made its stock market debut.

Mineral Resources is set to deliver $450,000 over three years to strengthen Lifeline WA's digital crisis support services.

Chris Ellison-chaired Delta Lithium has struck a deal to buy lithium rights in the Gascoyne, while Mineral Resources has contracted Develop Global for work in the Goldfields.

Mineral Resources subsidiary Onslow Iron is taking Red Hill Station's owners to court over allegations of assault and being temporarily locked out of the $3 billion project site.

Mineral Resources has committed $1.5 million to fund front-line support positions at the under-construction Ruah Centre for Women and Children.

The bluster around automation, artificial intelligence and jobs plays out online and in column inches most weeks around the world, but is it justified?

Chris Ellison-led Mineral Resources has continued its acquisitive streak of lithium interests, securing more shares in Develop Global and Delta Lithium.

Aurumin has continued to level its exploration and financial focus further on its Sandstone gold project in Western Australia after selling the iron ore rights at its Mt Dimer operation to a subsidiary of Mineral Resources. It will retain exposure through progress and royalty payments as part of a $250,000 sale to Polaris Metals for iron ore rights at four of its Mt Dimer tenements.

The Bald Hill lithium mine in the Goldfields will cost Mineral Resources almost $260 million after a price for the acquisition was revealed by administrators.

Our board moves wrap includes James Fox, Matthew Smith, and Denise McComish.

Mineral Resources boss Chris Ellison has labelled SQM's takeover of Azure Minerals as “dead in the water” while also shedding light on his lithium acquisition strategy.

Infinity Mining has stretched its Pilbara lithium tenure to a whopping 795sq km after securing a contiguous fourth exploration licence, adding to its strategically-located ground 30km west of Marble Bar in Western Australia. And in addition to lithium, the company says its Panorama project area is also prospective for intrusive-related nickel-copper, shear and conglomerate-hosted gold systems and volcanic-hosted massive sulphide base-metal deposits.

Western Australia's resources middle tier could be at the heart of $170 billion in GDP growth by 2040, but only if the nation acts on its critical minerals opportunities, according to PwC.

Mining magnates Gina Rinehart and Chris Ellison will back Delta Lithium's $70.2 million raising to fund its Goldfields lithium venture.

This week's Bulls N' Bears profiled ASX runner is … Imugene. Its share price jumped more than 212 per cent to join other impressive companies including Krakatoa Resources, TechGen Metals and GreenTech Metals.

In this podcast: Mark Beyer and Mark Pownall discuss accounting action; WeWork; Qantas; exporters; hydrogen; coal; biofuels, and skills shortages.

Mineral Resources will purchase the lithium and base metal rights at Pantoro's Norseman gold project under a $60 million deal adding to its acquisitive streak.

Bookbuilds and Banter with Boz (aka Shaw and Partner's WA State manager Davide Bosio) draws on his years of capital-raising experience and deal-making in Perth to talk billionaires and battery metals as he laments the ultimate killer of the deal – time.

Global battery industry giant Shanghai Jayson New Energy Materials has become St George Mining's biggest shareholder after grabbing $3 million worth of the West Perth-based lithium explorer's shares. The company says the significant investment will enable it to better explore its portfolio of hard-rock lithium projects in Western Australia, with a priority focus on the flagship Mt Alexander operation.

Chris Ellison-backed Wildcat Resources has entered a trading halt ahead of launching a capital raising of up to $100 million off the back of a surging share price.

Mineral Resources has bought a 12.3 per cent stake in Azure Minerals, adding to intrigue around the takeover target after Hancock Prospecting also bought a big stake.

Lithium aspirant Wildcat Resources has welcomed Chris Ellison's Mineral Resources as a major shareholder after it acquired a 19.85 per cent stake in the Pilbara explorer.

A record breaking 29 per cent increase in battery collection, an agreement with MinRes and the fifth consecutive quarter of gross profits have rounded a solid quarter for Lithium Australia. The company collected a whopping 413 tonnes of batteries last quarter, with higher-margin Lithium-ion batteries representing 44 per cent of collections that it will harvest lucrative battery metals from.

A largely productive quarter for Mineral Resources has been marred by congestion at port, road train shortages and markedly lower lithium prices.

Ousted Delta Lithium boss David Flanagan has taken a cheeky swipe at mining billionaires Gina Rinehart and Chris Ellison one month after leaving the junior company.

Chris Ellison's Mineral Resources has awarded a $140 million contract to Resources Development Group, led by his brother Andrew Ellison.

Mineral Resources has inched a step further in closing a deal to take control of the Bald Hill lithium mine, with a share sale agreement with Alita Resources liquidators now unconditional.

Chris Ellison's Mineral Resources has awarded a $24 million contract to Indigenous-owned contractor Djeleanna for exploration earthworks at its Onslow Iron project.

The former premier is on the payroll at four businesses after accepting advisory roles at Joe Hockey's consulting firm Bondi Partners and listed company APM Human Services.

Liquidators for Alita Resources are working against the clock to push ahead with the sale of the company's Bald Hill mine to Mineral Resources, as details of the bid remain tightly under wraps.

In this podcast, Simone Grogan and Jack McGinn discuss Woodside's big week; Qantas hearing; Mineral Resources; De Grey; South Perth's timber tower; and plans for an ex-premier's house.