Orica boss says gas pledge won’t fix today’s soaring price problem
The high cost of gas in Australia is skewing investment decisions towards other countries, says manufacturing boss.
- by Simon Johanson
Latest
BHP and Vale offer $39b to settle Brazil dam disaster claims
The disastrous dam collapse in 2015 caused a giant mudslide that killed 19 people in one of Brazil’s worst environmental catastrophes.
- by Simon Johanson
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Retail property
Vicinity ‘left exposed’ to security threats after senior management shake-up
One of Australia’s largest mall owners significantly downgraded its security management at 57 major shopping centres around the country in the month before the deadly Westfield Bondi Junction attack.
- by Simon Johanson
Fortescue takes ‘milestone step towards green shipping’ amid iron ore hit
Iron ore shipments of 43.3 million tonnes were six per cent lower than previous corresponding quarter because of the ore derailment in late December and weather disruptions.
- by Simon Johanson
Russia sanctions put a rocket under BHP’s copper outlook
Copper is shaping up as a star for the mining giant, as it edges closer to making a final call on its nickel business in West Australia.
- by Simon Johanson
Rio Tinto says global economy resilient, inflation easing despite patchy China
Shipments of its key commodity iron ore fell over the past three months as bad weather disrupted Rio’s ports, the mining giant said.
- by Simon Johanson
‘Escape, Hide and Tell’: Westfield owner’s safety message days before Bondi violence
Scentre Group boss Elliot Rusanow has rejected claims that it took up to 25 minutes after the initial attack on Saturday for alarms to sound inside the Bondi Junction Westfield.
- by Simon Johanson and Carolyn Cummins
Billionaire Stokes family wins support for takeover of Australia’s largest concrete maker
Boral’s independent directors have caved in to Seven Group’s hardball takeover bid.
- by Simon Johanson
Generative AI moves from cloud into physical world
Questions asked on ChatGPT or AI-generated video made on Synthesys are transforming companies such as data centre operator NextDC and property giant Goodman Group.
- by Simon Johanson
Australian miner loses bid to avoid sanctions over Russian coal
A mining company backed by billionaire philanthropists Paul Little and Jane Hansen has lost a legal challenge against Australia’s strict sanctions regime.
- by Simon Johanson and Sumeyya Ilanbey
Crucial export iron ore under pressure from China’s economy
Australia’s biggest miners face the prospect of iron ore prices staying flat for longer, analysts suggest.
- by Simon Johanson