Perth-based royalty player Deterra Royalties has continued its push beyond Pilbara iron ore, shelling out $US74.2 million ($105.7m) to acquire a future copper income stream in Arizona.
Adrian Rauso
Core Lithium’s boss has been handed a $139,875 base salary increase plus a new bonus worth up $1.38 million over three years.
Goldfields mine developer Global Lithium Resources is set to be bought out by a private Middle Eastern outfit for $333 million.
The State’s key mining lobby group has estimated that extracting WA’s known deposits of minerals, metals and fuels would easily fetch $8 trillion.
Nearly 30 staff-owners have shared $20.9m in dividends after the broker and corporate adviser more than doubled net profit to a record $38.3m, as revenue leapt 84 per cent to $118.9m.
Sean Smith
Vulcan Energy Resources executive chair Francis Wedin will step down from the top job and transition into a consultancy role.
Core Lithium has become the latest lithium miner to bring supply back online to capitalise on a market rebound.
Mineral Resources plans to scour about 141 square kilometres of Pilbara land for water to underpin the future of its most profitable lithium mine.
Perth-based Core Lithium has spun its gold ground into an $8 million ASX float, clearing its decks for the $290m restart of its Finniss lithium operation.
Ryan Johnson
A lithium price recovery has propelled Liontown to a maiden net profit of $93 million, even after a mysterious shipping dispute wiped out more than $20m.
Billionaire mining entrepreneur Chris Ellison will pocket about $19 million after his Mineral Resources swung from $896 million loss to a $1.2 billion net profit for the recent financial year.
The first lithium listing on the ASX in more than two years benefited from ‘pent-up demand’ on its trading debut.
Shareholders in lithium major PLS are getting their first cash payout in three years and it will be bigger than the market was anticipating.
Adrian Rauso and Daniel Newell
Even the most casual mining sector observers will have noticed a renewed optimism around lithium. But will its latest boom prove enduring?
Rebecca Le May
Surging prices are squeezing WA’s critical mineral processors to breaking point, with one major lithium refinery operator branding the cost crunch as unsustainable.
The boss of Australia’s biggest lithium pure-play believes a recent resurgence in supply across the industry will not cause a market crash reminiscent of what occurred three years ago.
Tony Ottaviano said his Liontown will look under the bonnet of Rio Tinto’s idle Mt Cattlin lithium mine when it comes up for sale.
Amanda Lacaze has joined the Gina Rinehart-backed Vulcan Energy Resources, her first ASX-listed company directorship post-Lynas Rare Earths.
A commodities boom supercharged the value of WA’s top ASX-listed companies by more than a third to nearly $500 billion, setting the stage for a jovial Diggers & Dealers forum this week.
Shareholders in the lithium miner are set to share in the spoils of a growing cash pile, with chief Dale Henderson not keen to whip out the company’s bulging wallet for an acquisition anytime soon.
A lacklustre end to the financial year and a weaker-than-expected outlook have pummelled Liontown’s share price.
Chris Ellison’s Mineral Resources has closed out a resurgent financial year with a quarterly record at its all-important Onslow Iron operation.
A fire-ravaged processing plant at the Greenbushes lithium mine is just days away from being operational again, according to IGO, but the damage bill is yet to be revealed.
A brutal lithium sell-down accelerated on Friday, led by Liontown, which has now bled 55 per cent of its market value in under three months.
