The man running Wesfarmers’ new lithium operations will shift to a recently-vacated chief operating officer role at Liontown Resources, which is also on the hunt to replace its exiting finance chief.
Simone Grogan
A restructure has been foreshadowed at the boardroom of IGO, following a shift led by ex-Rio Tinto executive Ivan Vella to make the price battered battery metals miner “leaner and more agile”.
The corporate cop has confirmed Kali Metals’ emergence on the stock market last year is going to be in the thick of its investigation into Mineral Resources.
Adrian Rauso
One of Chris Ellison’s children and her husband have been on Kali Metals’ share register, it can be revealed.
The chief of PLS keeps buying millions of dollars worth of his company’s stock amid a share price slide showing no signs of abating.
A further delay suggests a decision may now not be made until 2026.
Sean Smith
Mineral Resources and Ganfeng in November poured in $300 million of cash to keep the ailing Mt Marion lithium mine afloat and now another $300m could soon be on the way.
More lithium has been added to Pilgangoora’s mineral inventory as PLS pushes ahead with expansion plans at the Pilbara mine despite a torrid market.
The uphill battle WA’s six operating lithium mines face to keep the lights on is becoming more arduous with the battery commodity’s value tumbling down a cliff.
The chief financial officer of PLS who had shifted across from a career in the buy now, pay later sector to the then-red hot lithium market has handed in his resignation.
The likes of Rio Tinto, Mineral Resources and Gold Fields have condemned an ‘exorbitant’ council rate increase, with a warning the issue is festering throughout WA.
The market has digested the shock news that Rio Tinto’s head honcho is on the way out, seemingly not of his own volition, a decision that could have massive ramifications and leaves unanswered questions.
The sudden departure of Rio Tinto chief Jakob Stausholm took everyone by surprise.
Wesfarmers has revealed it expects to book a $60m loss for its share of the Covalent Lithium joint venture this year as it concedes prices for the key battery metal will remain depressed in the short term.
Daniel Newell
Electric vehicle sales in China rose 58 per cent year-on-year in April, a positive sign for struggling WA lithium miners with the battery commodity’s price running low on juice.
WA’s Environmental protection Authority will run the rule over plans to significantly expand the size of the Greenbushes lithium mine after hundreds of submissions to the watchdog called for a full assessment.
Rio Tinto has agreed to invest in a Chilean lithium project controlled by Codelco as the world’s second-biggest miner continues its expansion into the battery metal.
Thomas Biesheuvel
Mineral Resources has named its man to lead a rebuild of the miner’s depleted board and regain the trust of shareholders left burnt by a series of scandals.
Daniel Newell and Adrian Rauso
The company behind the first lithium mine to fall in Australia’s battery metals glut is looking to drum up $200 million to switch it back on, opining there are still customers for the out-of-vogue commodity.
Australia’s biggest conglomerate is getting a piece of the State Government’s support package for the languishing lithium industry.
The superannuation fund has bailed out of Mineral Resources over persistent ‘serious governance concerns’, but shares in the embattled miner have risen.
Plans to produce more road building materials from lithium waste is bringing a spurt of activity to an idle mining operation on Ravensthorpe’s doorstep.
Stranded shareholders of AVZ Minerals have been thrown a lifeline after the delisted West Perth outfit inked a sale deal for its Congolese lithium project before Chinese interests could seize control.
The State Government and WA’s two most prominent universities are looking to develop a Perth-based trading hub in hopes local miners fetch higher prices for their wares.
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