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Rio Tinto, Hancock Prospecting commit $2.5B to Pilbara JV
Energy & Natural Resources 2025-06-24 11:13 pm By Cat Fredenburgh

Rio Tinto and Gina Rinehart-owned Hancock Prospecting will invest $2.47 billion to develop a Western Australian iron ore project as part of the Hope Downs joint venture.

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Sales process launched for troubled Whyalla Steelworks
Construction 2025-06-24 11:42 pm By Cat Fredenburgh

The South Australian government has opened the sales process for the struggling Whyalla Steelworks, saying potential buyers had already shown strong interest.

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Funder hit with costs in failed class action against EY, Quintis director
Class Actions 2025-06-20 11:03 pm By Cindy Cameronne

The funder of a failed class action against the founder of sandalwood producer Quintis and EY and has been hit with costs, despite arguing the order would set a bad precedent. 

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Judge hits pause on Paladin Energy class action pending carriage fight
Class Actions 2025-06-20 11:06 pm By Andy Sidler

A judge has temporarily excused uranium miner Paladin Energy from providing initial discovery in a shareholder class action, as the parties wait for a competing class action to be filed. 

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Element Zero to fight Fortescue’s bid for 9M docs seized under search order
Intellectual Property 2025-06-19 11:32 pm By Sam Matthews

Green iron start-up Element Zero has said it will fight Fortescue’s bid to access nearly nine million documents collected under a controversial search order in the mining giant’s case alleging former employees misappropriated its process for carbon dioxide-free iron. 

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EnergyAustralia inks joint venture for Lake Lyell hydro storage project
Energy & Natural Resources 2025-06-20 11:19 pm By Julia Kanapathippillai

EnergyAustralia has entered into a joint venture with EDF Power Solutions Australia to develop the Lake Lyell pumped hydro energy storage project in Lithgow, NSW.

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Construction PRO
European Energy secures $130M for solar projects
Energy & Natural Resources 2025-06-20 11:46 pm By Julia Kanapathippillai

Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW.

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KPMG settles class action over Cudeco’s collapse
Class Actions 2025-06-17 11:51 pm By Julia Kanapathippillai

Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.

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PwC report found TerraCom netted $1.1M from inconsistent coal pricing, court hears
Trials 2025-06-16 11:41 pm By Andy Sidler

ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company’s claim that the audit found no wrongdoing.

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Construction PRO
KKR scoops up off-grid renewables company Zenith Energy
Energy & Natural Resources 2025-06-17 11:10 pm By Cat Fredenburgh

Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia’s off-grid mining industry.

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