News Articles

The NeoSmelt site in Kwinana. Photo: Tom Zaunmayr

Manufacturing 06 May 2026

Bluescope puts NeoSmelt to EPA

A plant to test the viability of processing Western Australian iron ore using cleaner furnace technology has been submitted to the state's environmental watchdog.

Australia's iron ore endowment is an advantage to green iron ambitions. Photo: Tom Zaunmayr

Government 30 Apr 2026

Green iron at risk, thinktank warns

Australia's window to build a green iron industry is at risk as China and Middle East muscle into the burgeoning sector, according to a national clean energy thinktank.

Bloomberg NEF's Yucheng Tang. Photo: Tom Zaunmayr

Manufacturing 25 Mar 2026

Chinese analyst’s green iron reality check

A Beijing-based green steel specialist has warned Australia's hopeful iron ore processors they need a reality check as they wade into a costly and competitive sector.

Mining 12 Mar 2026

Sovereign signs MOU with Mitsui

Sovereign Metals has signed an MOU with Japan-based Mitsui & Co, a move welcomed by the midcap's chief executive Chris Eagar.

Binding Solutions is eyeing Pilbara iron ore for its pelletising technology. Photo: Tom Zaunmayr

Manufacturing 04 Feb 2026

British firm plans Pilbara iron play

Another hopeful Pilbara ore processor has entered the fray, this time in the form of a Japanese-backed British pelletising firm.

Deals 17 Dec 2025

The biggest mining deals of 2025

Gold majors, iron ore heavyweights and offshore trading houses dominated WA's mining deals list in 2025, as cashed-up boards chased commodity booms.

Oil & Gas 12 Nov 2025

Beach readies for Waitsia export era

Beach Energy chair Ryan Stokes says his company is ready to put the disappointment of a blown out Waitsia project behind it, as it prepares for the project to enter production.

Energy 07 Nov 2025

Waitsia closes in on first gas

Beach Energy and Mitsui's Waitsia stage two gas plant is finally ready for start up, more than four years since construction officially started on the contentious Perth Basin project.

Oil & Gas 20 Oct 2025

Waitsia milestone imminent: Beach

Kerry Stokes-backed Beach Energy says gas production is finally imminent at its Waitsia plant in the Mid West, as it continues to profit from an export agreement with the state.

Deals 10 Sep 2025

Mitsui, Itochu acquire stakes in BHP's new iron ore deposit

Japanese investors Mitsui and Itochu have each acquired a stake in BHP's Ministers North iron ore deposit in the Pilbara, keeping with their investments in the Big Australian's assets.

Kerry Stokes was withdrawn from the speaker list at an SWM industry forum. Photo: Michael O'Brien

Mining 19 Aug 2025

Stokes’ Pilbara alarm falls flat

Kerry Stokes' warning the Pilbara would "not exist" if current laws existed in the 1960s has been batted away by resources and political leaders at the billionaires' own industry event.

Energy 15 Aug 2025

Horror show for hydrogen plays

The scrapping of four major hydrogen projects with links to WA late last month sent shockwaves through a flailing sector, but work is ongoing.

Oil & Gas 31 Jul 2025

Beach downgrades gas reserves

Shares in Beach Energy have fallen sharply after the company flagged a large impairment related to lower commodity prices and a downgrade of gas reserves at a Perth Basin project.

Mining 17 Apr 2025

Fenix elects not to exercise matching right

Iron ore-focused Fenix Resources has announced it has elected not to exercise a matching right in relation to its bid for CZR Resources.

Mining 15 Apr 2025

Fenix flattered by rival iron interest

Fenix Resources is yet to decide whether it will match a bid for Mark Creasy's CZR Resources before Easter, as it navigates a three-way bidding war for the Robe Mesa iron ore project.

Three deals have been made for Pilbara iron ore projects this year. Photo: Tom Zaunmayr.

Mining 21 Mar 2025

Iron ore deals defy doom and gloom

There were few signs Fortescue’s decision in January to buy junior iron ore neighbour Red Hawk Mining signalled the start of a flurry of acquisitory behaviour in the sector. The deal

Angela Bennett, Leonie Baldock and Alexandra Burt

Deals 19 Feb 2025

Rhodes Ridge deal rewrites Rich List

Mitsui's new stake in Rio Tinto's Rhodes Ridge iron ore project has unlocked $10 billion in wealth for the heirs of Peter Wright, pushing Angela Bennett into fifth on our Rich List.

Rio Tinto is planning first ore from Rhodes Ridge by 2030. Photo: Tom Zaunmayr.

Mining 19 Feb 2025

Mitsui buys into Rio’s Rhodes Ridge

Japanese trading house Mitsui & Co will take a US$5.3 billion stake in Rio Tinto's 6.8 billion tonne Rhodes Ridge iron ore project in the Pilbara.

Mining 10 Feb 2025

Japanese investors broaden focus

Four major M&A deals last year highlighted Japan's continued appetite for WA investments.

Oil & Gas 22 Jan 2025

Waitsia JV targets June quarter

A bushfire in the Mid West temporarily delayed work at Beach Energy and Mitsui & Co's Waitsia stage two gas plant in December, while first sales are now expected in the June quarter.

Energy 18 Dec 2024

AEMO forecasts 2028 gas crunch

The near-term supply outlook for Western Australia's domestic gas market has improved this year, but 2028 looms as a critical juncture in the state's energy future.

North-West 27 Nov 2024

WA salt projects primed for expansion

It has been a long time since big investors started spruiking plans for new salt projects in the north-west.

Oil & Gas 21 Nov 2024

Govt to boost WA’s carbon capture role

The state government has unveiled its first action plan for carbon capture and storage in Western Australia, including investing $26 million towards two projects.

Oil & Gas 13 Nov 2024

Beach’s Stokes on gas ideology, Waitsia frustration

Beach Energy chair Ryan Stokes has called out “ideological rhetoric” against oil and gas proponents, as the company inches toward production at the troubled Waitsia plant.

Mining 17 Oct 2024

Paucity of new resources projects

Just one major resources project has been sanctioned in WA this year and the pipeline of future projects is thin, a review by Business News has found.

Oil & Gas 19 Sep 2024

Cook’s gas policy a developer win

Premier Roger Cook has conceded not all businesses will be happy with his government's decision to ease gas export restrictions, but insists it is the right move for the state.

Government 20 Aug 2024

CCIWA report values carbon capture at $80bn

Carbon capture and storage could generate more than $80 billion for the state economy over 20 years, according to new analysis funded by the Chamber of Commerce and Industry WA.

Mining 12 Aug 2024

Beach posts loss, Waitsia on track

Kerry Stokes-backed Beach Energy is on track to deliver long-awaited first production from the second stage of its Waitsia stage two project in early 2025.

Oil & Gas 18 Jun 2024

Headroom eroded in Waitsia delivery plan

The gap between contractor and company delivery deadlines is closing at the Waitsia gas project in the Perth Basin, but Beach Energy says the long-awaited development remains on track for production in early 2025.

Special Reports 12 Jun 2024

Soft power sweetens ties to Japan

Driven by hungry investment banks and 160 years of trade history, Japan's cultural and financial muscle is embedded in many WA industries.

Oil & Gas 27 May 2024

Campaign launched as Cook wavers on domgas

The alliance representing the state's largest domestic gas users is ramping up its campaign to keep onshore gas in WA, as the premier's stance on the issue appears to be wavering.

Oil & Gas 08 Apr 2024

Waitsia costs blow out to $1.2bn

Beach Energy and Mitsui & Co's Waitsia stage two gas project will not produce this year and will cost hundreds of millions more than previously expected as a result of quality issues.

Special Reports 28 Feb 2024

Supply scramble stokes gas debate

A year's a long time in the oil and gas business and plenty can change during that period.

Bulls N' Bears 08 Jan 2024

Giant PFS underpins Ardea share price hike

What made share prices rise in 2023? Bulls N' Bears will take a look in the next few days, starting with Ardea Resources. Its stock jumped 162 per cent in a busy four days during the middle of last year on the back of a mineral resource upgrade and a mammoth prefeasibility study for its Goongarrie Hub nickel-cobalt deposits in Western Australia's Goldfields region.

Oil & Gas 04 Dec 2023

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