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Australia

Australia is a country and continent located in the Southern Hemisphere, comprising the mainland, Tasmania and numerous smaller islands. The capital is Canberra, whilst Sydney and Melbourne are the largest cities. With a population of about 26-million, Australia has a highly developed mixed-market economy with a gross domestic product of more than $1.5-trillion, making it one of the wealthiest nations per capita globally. The economy is dominated by services, mining, agriculture and energy exports, with key commodities including iron-ore, coal, gold, lithium, natural gas and copper. Australia is the world's largest exporter of iron-ore and liquefied natural gas, and a leading producer of critical minerals essential for renewable energy and battery technologies. The currency is the Australian dollar. Australia operates as a federal parliamentary constitutional monarchy, with governance shared between the Commonwealth government and six states and two territories. The country is a member of the Commonwealth of Nations, the United Nations, the G20, the Organisation for Economic Co-operation and Development and the Asia-Pacific Economic Cooperation forum. Australia's resource sector has been central to its economic development since the nineteenth-century gold rushes, and mining remains a cornerstone of export revenue and employment, particularly in Western Australia and Queensland.

Australia News


The Compliance Pivot: Navigating the Shift from Forestation to Tokenised Carbon Credits
26th August 2026

In the nascent era of corporate climate action, carbon mitigation was more tangible and distinctly analogue, as businesses aiming to neutralise emissions would fund projects that planted trees.... 


Fortescue iron-ore mine
Australian Indigenous group appeals Fortescue mining compensation ruling, seeks $1.3bn
26th August 2026 By: Reuters

Australia's Yindjibarndi Indigenous group said on Wednesday it had lodged an appeal with the federal court over the amount of compensation awarded against Fortescue for mining on their lands... 


Lynas rare earths
Lynas expands global footprint, eyes new rare earths supply deals
26th August 2026 By: Reuters

Australia's Lynas Rare Earths said it planned to grow its global supply chain on Wednesday, with discussions to secure new mine supply from project developers around the world and set up a magnet... 


International Graphite micronising facility
Australia's International Graphite confirms Collie facility can also produce superfine products from mid-2027
25th August 2026 By: Marleny Arnoldi

ASX-listed International Graphite says construction of its Collie graphite micronising facility is on track for commissioning in mid-2027. The facility marks the first commercial-scale graphite... 


Fortescue signage
Fortescue suspends executive over sexual harassment allegations
25th August 2026 By: Bloomberg

Australian miner Fortescue has suspended an executive over sexual harassment allegations, and engaged law firm MinterEllison to conduct an independent investigation into the matter. The incident... 


Woodside Energy CEO Liz Westcott
Woodside scraps clean energy target, posts 7% first-half profit rise
25th August 2026 By: Reuters

Australia's largest independent dedicated oil and gas company Woodside Energy on Tuesday abandoned a longer-term emissions target and $5-billion in planned clean energy spending by 2030 to focus on... 


The Gamsberg project
Aveng returns to operating profit, appoints new CEO as focus remains on restoring fundamentals
24th August 2026 By: Sabrina Jardim

JSE-listed Aveng has reported revenue of A$2.3-billion, or R26.4-billion, for the year ended June 30, which was 12.4% lower than the prior year, reflecting the anticipated softening of... 


Government and corporate officials break ground at Alcoa's new gallium plant
Alcoa breaks ground at new gallium plant in Australia
24th August 2026 By: Marleny Arnoldi

NYSE- and ASX-listed Alcoa Corporation has broken ground at its gallium production plant, in Western Australia, with prominent government officials such as Australian Minister for Industry and... 


IMARC 2026 puts spotlight on mining’s Mission Critical
24th August 2026

Mining’s Mission Critical, to responsibly deliver vital materials, will take centre stage at this year’s International Mining and Resources Conference + Expo (IMARC) as the industry pivots... 


Pilgangoora lithium operation
Lithium miner PLS Group bullish on price outlook, eyes expansion
24th August 2026 By: Bloomberg

Australia’s biggest lithium producer PLS Group flagged a supply shortfall of the battery metal in the coming years and said it was nearing a final investment decision on expanding its capacity, as... 


Liberty Bell Bay manganese smelting
British firm offers to restart mothballed Australian manganese smelter
24th August 2026 By: Reuters

Natrium Redox Technologies, a green technology startup based in Britain, said on Monday it had made a firm proposal to the Tasmanian government to acquire and restart Australia's only manganese... 


An image of Harmony's Eva mine
Harmony to report substantially higher full-year earnings
21st August 2026 By: Tasneem Bulbulia

Gold and copper miner Harmony Gold Mining Company expects its earnings per share (EPS) for the financial year ended June 30 to be between R44 and R48 – an increase of between 90% and 108% on the... 


Duketon project
Australian miner Regis posts record net profit of $715m
21st August 2026 By: Marleny Arnoldi

ASX-listed Regis Resources has reported a $461-million year-on-year increase in its net profit after tax to a record $715-million in the 2026 financial year, which CEO and MD Jim Beyer says... 


Elevra's NAL mine in Canada
Canada-focused lithium miner Elevra gets price floor for supply deal
21st August 2026 By: Bloomberg

North America-focused Elevra Lithium secured a price-floor structure in a deal to supply a new processing facility in Canada, as western countries seek to bolster their critical-mineral supply... 


Beetaloo shale gas project in Australia
First gas from Australia's Beetaloo puts shale ambition to the test
21st August 2026 By: Reuters

Deep in Australia's Red Centre, gas is set to start flowing next month from the sprawling Beetaloo basin to Darwin 500 km (310 miles) north, in what developers hope kicks off the country's own... 


COMPETITIVE POSITIONING 
The local industry is also trying to reposition itself as a regional beneficiation hub under the African Continental Free Trade Area Agreement - Muzi Manzi
Aluminium industry poised for growth – association
21st August 2026 By: Keabetswe Shilakwe

The proposed acquisition of diversified mining and metals company South32’s aluminium assets in Australia, Brazil and South Africa by global aluminium corporation Alcoa is a key development,... 


KCGM mine
Northern Star shines with new record net profit after tax of A$1.7bn
20th August 2026 By: Marleny Arnoldi

Australia's largest gold miner Northern Star has posted a record net profit after tax of A$1.7-billion, or A$1.17 apiece, in the year ended June 30, marking a 24% year-on-year increase from the... 


Mine trucks lined up
Coal India plans Singapore trading hub in hunt for critical mineral assets, sources say
20th August 2026 By: Reuters

The world's largest coal producer, Coal India, is setting up its first overseas trading office in Singapore, aiming to diversify into trading iron-ore and critical and strategic minerals, two... 


Evolution's Mungari mine
Gold miner Evolution open to more North America, Australia deals
20th August 2026 By: Bloomberg

Evolution Mining will consider acquisitions in Australia and North America and hasn’t ruled out buying assets from Northern Star Resources should they come to market. Evolution is looking at more... 


Fortescue iron-ore mine site and truck
Fortescue sees power sales from Pilbara green grid when demand emerges, declares lower dividend
20th August 2026 By: Reuters

Fortescue's green grid investment in Australia's northwest is set to provide surplus energy that it can sell to data centres as commercial demand develops, although it has yet to ink any supply... 


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pqt: 0.269s - ct: 0.316s - 275pq - 2rq
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