Pilbara Minerals
Lithium boss says prices for Australia’s ‘white gold’ may have bottomed
Australia’s largest independent lithium miner is preparing to boost output of the electric battery metal, even as prices languish around three-year lows.
- by Nick Toscano
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Sharemarket
Utilities and energy firms lift ASX; Kathmandu drops
The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.
- by Millie Muroi
‘We would be a superpower’: Australia’s next gold rush beckons
Australia has huge deposits of rare earths and other critical minerals, but exploiting them means competing with China.
- by Mike Foley
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Industrial relations
Chevron strike looms as workers overwhelmingly reject new offer
Just three out of a total of 461 employees at the Gorgon and Wheatstone Downstream facilities voted supporting Chevron’s proposed enterprise agreements put to them last week.
- by Hamish Hastie
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World markets
Healthcare companies, wage data lift ASX after Wall Street gain
The Australian sharemarket climbed on the back of healthcare companies after a set of strong results from some of its biggest players and softer wage data.
- by Millie Muroi
Pilbara joins the big leagues with latest lithium update
The ASX-listed lithium player has significantly upgraded estimates for its West Australian deposits.
- by Simon Johanson
Pilbara Minerals chases lithium sweet spot after ‘cracking year’
Pilbara Minerals shares jumped 5.2 per cent after the lithium producer finished its financial year with production of a vital battery ingredient surging by 64 per cent.
- by Peter Milne
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World markets
ASX drops on spectre of another rate rise, low consumer confidence
The Australian sharemarket fell on Tuesday as a fall in consumer confidence and the Reserve Bank’s determination to pin down inflation weighed on investor sentiment.
- by Millie Muroi
Analysis
The Long and Short of It
Lithium batteries are in hot demand. Can miner Pilbara keep on trucking?
Lithium, the soft, silvery-white metal at the heart of the clean energy shift, is in hot demand these days. But the companies mining it have endured a tumultuous few years.
- by Nick Toscano
Pilbara Minerals weathers lithium downturn to ride battery boom
Over the past three years, Pilbara Minerals has gone from treading water to becoming a $14 billion company at the forefront of Australia’s battery boom.
- by Jesinta Burton
Rio Tinto and China’s Baowu commit to $3b Pilbara iron ore expansion
Rio Tinto’s Western Range will produce 25 million tonnes a year of the steel-making ingredient if the miner’s UK and Australian shareholders approve the deal.
- by Peter Milne