Fortescue Zero launches racing and innovation team

ASIC sues AVZ Minerals for misleading investors The Australian Securities and Investment Commission (ASIC) has filed proceedings against AVZ Minerals for failing to disclose critical market information about its lithium project in the Democratic Republic of the Congo (DRC). In its filling to the Federal Court today, ASIC alleges the suspended WA mineral exploration company “breached continuous disclosure obligations and engaged in misleading and deceptive conduct by failing to announce an escalating legal dispute”. AVZ’s flagship Manono lithium project in the DRC had faced a series of ongoing governance challenges with rival miners and stakeholders but did...

Bellevue’s record-breaking quarter Bellevue Gold (ASX: BGL) has delivered strong Q1 FY26 results, surpassing gold production and development expectations across its gold project in WA.  The company achieved a record production volume of 296kt processed at 3.2 g/t gold, following 259kt of ore mined at 3.2 g/t gold, with grades expected to rise throughout FY26 as the mining sequence progressively moves to higher-grade stoping areas in the Deacon, Viago and Deacon North mining areas.   Development rates for the quarter averaged 322m per jumbo operator per month, well ahead of the FY26 guidance of 270m per month.  Following the successful completion of planned plant upgrades during the...

FMG launches zero-emissions roadmap Fortescue (ASX: FMG) has launched the third iteration of its climate transition plan at the Global Renewables Summit in New York as part of Climate Week NYC. The event was organised by Climate Group and Fortescue, with support from the Global Renewables Alliance, and was attended by heads of state, government leaders, business executives and financiers discussing ways to accelerate the deployment of zero-emissions technologies and unlock the full potential of the renewable energy transition. Fortescue’s updated plane...

The Queensland Government has declared the proposed $2.3b Eva copper mine a large resource project under the Strong and Sustainable Resource Communities Act 2017.