Sunday 7th Mar, 2021
Train on its way to WICET. Photo: Aurizon

Aurizon could be biggest loser in WICET fallout

Aurizon says a dispute with the owners of Wiggins Island Coal Export Terminal (WICET) over payments for the terminal’s rail…
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Ship loading iron ore at Port Hedland. Photo: Fortescue Metals Group

FMG share bump raises asset sale chatter

A lift in Fortescue Metals Group’s share price despite a two-month low in the iron ore price has raised speculation…
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C-frame spreader for Sandvik’s Huolinhe I project in China.

Sandvik to sell materials handling business

Mining equipment manufacturer Sandvik is to sell its mining systems business, the product area responsible for the design and engineering…
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Photo: Shutterstock

Glencore’s market rollercoaster

Concerns over Glencore’s $71 billion debt pile have wreaked havoc on the commodities multinational’s share price, and the wider global…
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Freight rail regulation. Photo: Hunter Valley Coal Chain Coordinator

Union boss wants ACCC to watch freight rail

The Rail Tram and Bus Union says it will approve of Brookfield’s takeover of Asciano if the Australian Competition and…
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Frydenberg on the Bolt Report. Photo: Channel Ten

Mining minister Frydenberg: Coal here to stay

WATCH: New minister for resources, energy and Northern Australia Josh Frydenberg has assuaged concerns that the new Turnbull Government could…
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Alcoa produces light metals, including alumina and aluminium.

Alcoa announces split amid aluminium price drop

US-based lightweight metals producer Alcoa will split into two distinct companies, after its board of directors approved a plan to…
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Coal. Photo: Shutterstock

Rio sells stake in Bengalla mine

Rio Tinto has sold its 40% interest in the Bengalla coal joint venture in the Hunter Valley to New Hope…
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