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The Latest Breaking News from South32

Trump’s Metals Bet Sends Rare Earth Stocks Soaring—Is USAR Next?

The Trump administration just made its third investment in a metals company, sending shares up over 200%—Is USA Rare Earths next up?

MarketBeat

Nickel Downturn Prompts South32 Divestment, Veteran Investor Eyes Contrarian Opportunity

Australian miner South32 (NYSE:SOUHY) has agreed to sell its Cerro Matoso ferronickel mine in northern Colombia to an industrial conglomerate, CoreX Holding, in a deal valued at up to $100 million.

Benzinga

Albanese dismisses criticism from Leonardo DiCaprio over native forest clearing – as it happened

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The Guardian - AU

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Aussie shares fall again, hit nearly three-week low

The ASX200 has again finished down and one analyst says if it drops much further, that would trigger a significant pullback.

AAP

Sustainability: a price Australia can afford to pay?

Australia's mining bosses have been challenged by a former trade negotiator on sustainability standards and the social impact of extracting resources.

AAP

‘We are the guinea pigs’: Arizona mining project sparks concerns for air and water

South32’s project was fast-tracked by the Biden administration, but residents are worried about its impact on a fragile ecosystem

The Guardian - US

South32 approves .16bn investment for Hermosa's Taylor deposit

South32, an Australian mining company, has given the green light for a .16 billion investment in the Hermosa project's Taylor deposit.

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NT government to consider independent air monitoring on Groote Eylandt amid manganese mine dust concerns

After years of community concern about dust levels from the world's biggest manganese mine on Groote Eylandt, the NT Environment Department says it is now willing to install a monitoring station.

ABC News

Western Australia's biggest emitters increase carbon output 5 per cent year on year

Analysis by the ABC of the past six financial years of reported emissions, under the national safeguard mechanism, shows a 15 per cent increase in carbon dioxide released by major WA projects, and up 5 per cent on last year's figure.

ABC News

This Australian island is constantly covered in a fine layer of dust. Now locals want answers

On Groote Eylandt, off the NT's Arnhem Land coast, a fine dust coats the houses and cars. Community members say it could be putting their health at risk.

ABC News

System operator predicts Bluewaters, Australia's newest coal-fired power plant will close by 2029

WA's only privately owned coal-fired power station to close "before 2030" under plans that would bring the curtain down on the fuel's use in the state's economy.

ABC News

Dev Sindhu is the mystery man at the centre of a deepening crisis threatening an Australian energy grid

A mysterious entrepreneur sits in the middle of an Australian energy crisis. Where he came from, who he is, and how he got involved has been an untold story until now.

ABC News

Indian owners of failed West Australian coal in $1 billion quest to salvage calamitous bet

The giant Indian bank behind a failed coal mine at the centre of WA's growing energy crisis is seeking almost $1 billion to walk away from its disastrous position.

ABC News

Indian firm with few assets and 'junk' credit rating in the middle of WA's growing energy crisis

At the centre of a deepening energy crisis in Western Australia sits an obscure Indian company with next to no assets and a credit rating deemed as junk by a ratings agency.

ABC News

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ABC News

Entire state's power system on the brink as Indian loan to Aussie miner Griffin Coal turns toxic

A giant Indian bank sits behind a slow-moving Australian energy disaster. It's a tale about billion-dollar bets gone terribly wrong, failed international ambitions and a clash of finance cultures.

ABC News

Woman injured servicing underground exhaust fan at South32 Dendrobium mine

A worker at an underground coal mine in the Illawarra has been taken to hospital after she was injured servicing an exhaust fan.

AAP

South32 cuts metallurgical coal guidance

South32 says it will produce five per cent less coking coal this year than forecast because of issues at its Appin Mine in NSW.

ABC News

Failed Griffin Coal mine owes close to $1.5 billion to creditors as WA electricity grid woes loom

The failed coal mine in Collie, 200km south of Perth, owes close to $1.5 billion to creditors, with the banks urged to "come clean" on their losses to avoid a potential disaster in WA’s biggest electricity grid.

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ABC News

Growing WA coal crisis sparks warnings of possible power crunch as summer looms

There are fears a growing crisis in WA's coal heartlands could imperil the state's biggest electricity grid less than a year after the lights flickered out during an intense heatwave.

ABC News

Wollongong Resources eyes Russell Vale coal mine extension after South32 shelves Dendrobium plan

If approved an extension to the Russell Vale coal mine will see the company continue to build its workforce in the Illawarra region as production increases, chief executive says.

The Guardian - AU

Controversial $1bn Dendrobium coalmine expansion plan abandoned by mining company

South32 says expected financial returns on project do not justify investment as green groups welcome decision

ABC News

Australian company South32 scraps Dendrobium coal mine extension plans in NSW

Australian mining company South32 has announced it will not proceed with a plan to extend its Dendrobium coal mine beneath Sydney's drinking water catchment.

ABC News

Dendrobium coal mine extension opposed by WaterNSW over Sydney drinking water concerns

WaterNSW has opposed a proposal to extend a coal mine under the Sydney water catchment claiming it could damage one of the largest dams in the region.

ABC News

FOI shows NSW planning department 'coaching' miner to stress BlueScope link, green groups say

Environmental groups say private emails obtained under Freedom Of Information laws show the NSW Department of Planning "coaching" a mining company seeking approval for a coal mine extension after it was rejected by an independent planning panel.

ABC News

WA industries are big polluters, and Labor's 2030 emissions target could hit them hard

Green groups say Australia's biggest polluters have been allowed far too much "wriggle room" under a scheme designed to lower carbon emissions. But will things be any different the new federal government?

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