Author: Samantha Bawden

China’s energy industries thrive under pressure

China’s energy industries thrive under pressure

China’s energy industries thrive under pressure Edith Cowan University (ECU) has found that China’s stringent environmental regulations could potentially be enhancing productivity in the new energy sector. A report released in collaboration between ECU and Harbin University of Science and Technology, Environmental regulation and firm productivity: evidence from China’s new energy industry, investigated the new energy industry, a strategic industry for China, and the mechanisms through which environmental policies could affect productivity at a firm level. According to the report, China has seen unprecedented economic development since the launch...

AusIMM leading conferences next week

AusIMM leading conferences next week

AusIMM leading conferences next week AusIMM, the peak body and trusted voice for resources professionals, will make Perth the centre for knowledge sharing and professional development next week when it hosts the Critical Minerals Conference, New Leaders Summit and co-hosts CRIRSCO Minerals Reporting Colloquium. More than 1,000 delegates will participate in the events commencing September 2. The week will showcase AusIMM’s unique role to lead conversations on the future of the sector, share the latest knowledge and promote professional excellence. Taking the critical minerals conversation to new heights From September 2-4 at the Perth Convention and Exhibition Centre (PCEC), 700 delegates from 20 countries will explore...

CTTW2025 highlights innovation and global partnerships

CTTW2025 highlights innovation and global partnerships

CTTW2025 highlights innovation and global partnerships Copper to the World 2025 concluded yesterday after two full days of discussion, insight and collaboration, bringing together global leaders to address the critical role of copper in powering the future. BHP (ASX: BHP) copper South Australia asset president Anna Wiley highlighted the company’s historical and ongoing significance in the state and its central role in the global copper industry. She outlined major projects underway across South Australia and reinforced BHP’s commitment to sustainability, with a focus on reducing emissions, investing in renewable energy and advancing long-term water solutions to support future growth. The South Australia Energy and Mining Department...

AEGC2025 program and keynotes announced

AEGC2025 program and keynotes announced

AEGC2025 program and keynotes announced The Australasian Exploration Geoscience Conference (AEGC2025) brings together global leaders and innovators across exploration, energy, geophysics and sustainability. Under the theme Exploring innovation for a sustainable future, AEGC2025 will present the latest technical insights and practical applications shaping the resources industry now and into the future. With the event just weeks away, there’s still an opportunity to register across multiple categories, including student, member and day passes, making it accessible for professionals at all stages of their careers. Conference Registration https://2025.aegc.com.au/registration/ Download the PDF Program https://2025.aegc.com.au/wp-content/uploads/2025/08/250821_AEGC-2025-Program-Outline.pdf AEGC Networking Breakfast – Direct Booking Link: https://2025.aegc.com.au/networking-breakfast/ Program snapshot:...

The Simandou project is divided into four blocks. Rio holds rights to blocks 3 and 4 through Rio Tinto SimFer — a joint venture with the Government of Guinea and Chalco Iron Ore Holdings (CIOH).

Rio overhauls operations and executive team

Rio overhauls operations and executive team Rio Tinto (ASX: RIO) is strategically reviewing its portfolio and undergoing major operational reform that will see two senior executives exit the company. The company is consolidating its product group into three divisions — iron ore, aluminium and lithium, and copper — to maximise competitive advantage and growth potential while still benefiting from a diverse portfolio. The company’s borates and iron and titanium businesses — spanning across Canada, Africa and the US — are being reviewed by the chief commercial officer following two consecutive cash flow negative years from Rio’s minerals division. Rio Tinto chief...

Innovation takes centre stage at CTTW2025

Innovation takes centre stage at CTTW2025

Innovation takes centre stage at CTTW2025 Innovation took the spotlight as delegates gathered for Innovation Hour, a highlight of the Copper to the World 2025 program hosted by Austmine on behalf of the South Australia Government. Sponsored by Fleet Space Technologies, the session showcased the cutting-edge ideas that will shape the future of copper mining and processing. Six finalists across two categories, Deep Copper Mining and Smart Copper Processing, presented breakthrough solutions designed to tackle some of the industry’s toughest challenges. The judging panel, featuring BHP (ASX: BHP) copper South Australia head of technology Vicky Whiffin, Rio Tinto (ASX: RIO) R&D chief advisor Saskia Duyvesteyn, Orion Industrial Ventures managing partner Mark Frayman,...

Perenti’s record $3.5b year

Perenti’s record $3.5b year

Perenti’s record $3.5b year Perenti has reported $333m in underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) and a 4% revenue increase for FY25. Underlying EBITDA rose 6%, lifting margins to 9.6%, while underlying net-profit after tax (NPAT) increased 8% to $178m and statutory NPAT rose 29% to $137.8m with a normalised free cash flow of $195m. Perenti chief executive and managing director Mark Norwell says the company is pleased to report another year of positive performance, achieving record revenue and EBITDA. “Perenti’s strengthened EBITDA margin demonstrates our commitment to financial discipline across the...

Grosvenor prepares to reopen

Grosvenor prepares to reopen

Grosvenor prepares to reopen Crews have begun underground inspections for the first stage of re-entry at Anglo American’s Grosvenor coal mine in Moranbah, Queensland. After receiving approval from Queensland’s safety regulator, the company has begun a staged and carefully managed re-entry process, following the successful completion of initial mine re-ventilation activities and key safety preparations in early August. Anglo American Grosvenor mine general manager Shane McDowall says about 50 crew members were on-site as part of staged deployments underground to gather information about infrastructure, ventilation devices and environmental conditions. ...

Global industry leaders gather in Adelaide for CTTW2025

Global industry leaders gather in Adelaide for CTTW2025

Global industry leaders gather in Adelaide for CTTW2025 Adelaide has today become the global meeting place for copper as Copper to the World 2025 opened at the Adelaide Convention Centre, welcoming close to 600 delegates from across Australia and international markets. Hosted by Austmine and presented in partnership with the South Australia Energy & Mining Department, the conference is exploring the theme The Copper Advantage: Powering the Future — highlighting copper’s essential role in the energy transition and the technologies shaping the industry’s next chapter. South Australia Energy and Mining Minister Tom Koutsantonis and South Australia Energy and Mining Department chief executive Paul Martyn...

PLS confident in lithium outlook

PLS confident in lithium outlook

PLS confident in lithium outlook Despite weak lithium market conditions, Pilbara Minerals (ASX: PLS) reported record spodumene production of 754.5kt and a 7% increase in sales in FY25. PLS recorded $769m in revenue, a 39% decline from FY24 results driven by a 43% decrease in the average realised price of lithium, underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) decrease of 83% and an underlying net loss of $88m. PLS chief executive and managing director Dale Henderson says the company delivered record...

FMG reports 41% profit drop

FMG reports 41% profit drop

FMG reports 41% profit drop Amid weak iron ore prices, Fortescue (ASX: FMG) has reported its lowest profit since FY19 in the company’s FY25 results. The company’s FY25 net profit after tax (NPAT) came in at $5.24b , a significant drop from the $8.78b reported in FY24. Revenue for FY25 was $24b , a 15% drop on FY24 underpinned by an 18% decrease in hematite average revenue of $131/dmt . Underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) of $12.2b was 26% lower than FY24 — $16.4b — the underlying...