Australia

Iron Ore Production To Accelerate Until 2030, Study Says

Activist Renews Calls For Listing Unification As Rio Tinto Abandons $5 Billion Equity Offering

Meta, TikTok, And Snapchat Push Back Against YouTube's Exemption From Australia's Social Media Ban For Children

Activist Renews Calls For Listing Unification As Rio Tinto Abandons $5 Billion Equity Offering

Meta, TikTok, And Snapchat Push Back Against YouTube's Exemption From Australia's Social Media Ban For Children

Telegram Fined $640,000 By Australia For Delayed Response To Child Abuse, Terrorism Inquiry: 'Unfair And Disproportionate Penalty'

Mitsui To Acquire A $5.3 Billion Stake In Major Australian Iron Ore Project

Telegram Fined $640,000 By Australia For Delayed Response To Child Abuse, Terrorism Inquiry: 'Unfair And Disproportionate Penalty'

Mitsui To Acquire A $5.3 Billion Stake In Major Australian Iron Ore Project

Australian Miner MinRes Stock Craters As EBITDA Drops By Half, Weather Adds To Woes

BHP Earnings Fall As Iron Ore Prices Pressure Market Leader To Slash Dividend

Australia Recent News

Gold Nears $3,000 But Miners Struggle As Rising Costs Squeeze Profits

Gold prices near historic $3,000, but miners lag due to labor costs, inflation, govt pressures. Despite high costs, gold outlook remains strong.

Australia Bets Big On Aluminum, $1.25 Billion Boost To Smelters Fuels Green Energy Push

Prime Minister Anthony Albanese unveiled the plan: "We've got all the ingredients right here for a world-leading metals industry."

Warren Buffett-Backed BYD Launches Australia's First EV Under $30K: How The Move Could Strengthen Fight Against Elon Musk's Tesla

Warren Buffett is an investor in BYD, a leading electric vehicle. BYD could be gaining market share in Australia at the expense of Elon Musk's Tesla.

Meta Arrives At $32 Million Settlement With Australia Over Cambridge Analytica Privacy Breach: Privacy Commissioner Labels It 'Largest Ever Payment'

Meta Platforms Inc. has agreed to a $50 million settlement with Australia's Information Commissioner over privacy violations linked to the Cambridge Analytica scandal on Monday.

Australian Opposition Goes Nuclear, $211 Billion Plan Could Open Doors For Uranium Miners

Opposition proposes $211B nuclear power plan for Australia to boost economy, stabilize electricity, and reduce emissions, challenging ruling party.

AI Set To Cut Music Industry Incomes By 25% By 2028: Report

AI could cost music industry workers 25% of income by 2028, warns CISAC, as Australia and New Zealand push for protective AI policies.

Northern Star Acquires De Grey For $3.3 Billion, Secures Promising Tier 1 Asset

Northern Star Resources announced $3.3B acquisition of De Grey Mining's Hemi gold project, boosting overall production to 2.5M ounces annually by 2029.

Meta, TikTok, Snapchat Could Face $32M Fines As Australia Enforces Social Media Ban For Under-16s

Australia has enacted a law banning social media for under-16s, with strict penalties for platforms like Meta, TikTok, and Snapchat, sparking debate over youth mental health versus privacy and access rights, while exempting YouTube for educational use.

As Meta, TikTok, X And Snapchat Stare At Tough Under-16 Ban, Australia's PM Says Destroy Personal Data 'Once Age Is Verified' Or Risk $32M Fine

Australia's Prime Minister Anthony Albanese announced a plan to ban social media use for children under 16, requiring platforms like Meta's Facebook and Instagram, TikTok, X (formerly Twitter), and Snapchat to verify users' ages.

BHP Unveils $14 Billion Capex For Chilean Copper Operations

BHP plans to invest $14B in Chile to boost copper production, securing long-term assets and meeting global demand. Challenges include labor law violations.

Analysts See Iron Ore Below $100, Weak Chinese Demand

Iron ore prices are expected to stay low due to oversupply and weak Chinese demand. Geopolitical tensions add uncertainty for Australian miners.

AUD/USD Stabilises As Traders Await Economic Signals

By RoboForex Analytical Department

Mineral Resources Confirms Founder's Departure Amid Tax Evasion Allegations, Moody's Cuts Outlook

Mineral Resources (OTC: MALRF) faces uncertainty as founder Chris Ellison steps down amid governance issues. ASIC and ATO investigating.

Donald Trump's Victory Could Disrupt Commodities, Put Australia In Precarious Position

Trump's policies could affect global commodity prices, particularly in the fossil fuel and industrial metals sectors, with potential tariffs and trade stances.

Anglo American Offloads $1.1 Billion Coal Stake, Proceeds With Restructuring

Anglo American to sell 33.3% stake in Jellinbah Group to Zashvin for $1.1 billion and focus on copper, iron ore, and crop nutrients.Anglo American sells Jellinbah stake, focuses on copper, iron ore, and crop nutrients. Will net $5-6b from divesting remaining coal assets.

Australian Breakthrough Extends Use For Coal-Powered Plants, Helps Shift To Renewables

Despite push for renewable energy, coal remains key in meeting electricity demand. IEA revised forecasts, projecting high demand well into next decade.

BHP Backtracks Its Comments On Abandoning Anglo American Deal

BHP backtracks on remarks about failed Anglo American bid, clarifies deal not off the table. Labor issues in focus as company expands in South America.

Newmont Seeks To Extend Largest Australian Mine Until 2050

Newmont applies for extension of Cadia mine permit until 2050, generating jobs & economic growth. Committed to sustainable production & divesting from non-strategic ops.

Goldman Sachs Warns About Aluminum Shortages, Australia Echoes 'We Don't Want It To Become New Nickel' (CORRECTED)

Goldman Sachs isn't alone in seeing the warning signs on the aluminum market. Australia, a top bauxite producer, warned about the problem.

AUD/USD Rises Following Strong Australian Employment Data

By RoboForex Analytical Department

Rio Tinto Disappoints On Q3 Production, Sets Positive Tone About Organic Growth

The leading global miner Rio Tinto missed Q3 production estimates but remains focused on expansion into critical and battery metals.

Australian Dollar Reaches 19-Month High Boosted By Chinese Economic Stimulus And Weaker US Dollar

By RoboForex Analytical Department

Fortescue Announces $2.8B Electrification Deal, Chairman Claims 'Future Is Zero Emissions'

Fortescue Metals invests $2.8 billion in fleet electrification, firmly committed to green transition goals. This move sets them apart from competitors.

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