RIO Financial News

01.09 / 17:05

UPS Citi Extreme Southern RIO Solar Powered by solar and wind, this $10B transmission line will carry more energy than the Hoover Dam

Executives with one of the largest wind and solar energy development companies in the world are gathering with federal officials on the dusty plains of New Mexico to mark the groundbreaking of what will be the largest renewable energy infrastructure pr...

31.08 / 15:31

Highways RIO cover Inside Recall Kia Recall open Kia recall to fix trunk latch that won't open from the inside, which could leave people trapped

Kia is recalling about 320,000 cars in the U.S. to fix a problem that could stop the trunk from being opened from the inside

30.08 / 21:17

COMPOSITE Continental Forrester RIO country Gabon military coup sparks concern at Fortescue

London | A military coup in Gabon has sent a tremor through Fortescue Metals Group and its $US200 million ($310 million) plan to build a huge iron ore mine in the resource-rich central African country.

27.08 / 23:39

Career Forrester RIO Fortescue mining boss Fiona Hick walks

Fortescue Metals boss Fiona Hick will leave the company just six months after starting as chief executive, in the latest senior management exit from the company chaired by billionaire businessman Andrew Forrest.

27.08 / 07:51

UPS Forrester Solomonic RIO voice rock debate Voice debate follows Andrew Forrest into the Pilbara

Andrew Forrest has tried hard to stay out of the Voice to parliament debate, but it stalked him into the desert as Yes and No campaigners, including Noel Pearson and Warren Mundine, joined a list of Australia’s rich and financially famous on an elaborate Pilbara pilgrimage.

25.08 / 10:57

RIO social Time Fortnite Chapter 4 Season 4: Release date, time, battle pass, Fortnite downtime details

Epic Games’ video game, the Fortnite Chapter 4 Season 4, has been known to users for a while now. Reports say that the official story and/or Battle Pass trailer will be revealed during the Fortnite downtime. But there are some teasers and leaks on social media.

18.08 / 14:21

UPS Provident CEO RIO cover Power Deal Alcoa commits to Victoria smelter with AGL power deal

US aluminium group Alcoa has signed up to a new long-term electricity supply contract with AGL Energy for its Portland smelter in Victoria, meaning the energy-intensive plant will be at least partly reliant on coal-fired power at least through to the middle of next decade.

17.08 / 19:09

UPS MET Action RIO cover Rinehart’s son couldn’t afford to service his car, court told

John Hancock’s years-long battle with his mother Gina Rinehart over the control of family assets put him under such financial stress that he struggled to pay for new car brake pads in the mid-2000s, his lawyers have claimed.

15.08 / 16:57

UPS RIO MAT show pop Stand Outside Barefoot for Better Health? ‘I Feel Like an Oddball, But if It Wor

When Sara Jean Meyer got a text from her mom that said, “I have a surprise for you," she assumed it would be a free bubble tea. Instead, her mother showed up with a roll of foil tape, a long copper pipe, an electrical wire and a rod clamp. They were all supplies required to “ground" Meyer’s bed.

15.08 / 03:37

UPS Target FIVE Waters RIO country Takeover NOT Lithium explorer Azure says $900m SQM takeover offer not enough

Lithium heavyweight SQM faces having to stump up well over $1 billion to secure a Perth-based exploration company worth just $70 million at the start of the year after having initial takeover offers rejected.

14.08 / 19:37

UPS MET RIO show cover Rinehart defrauded her children in ‘calculated’ scheme, two of them claim

Australia’s richest person Gina Rinehart engaged in a “calculated and deliberate fraud” of her own children by transferring away from them the rights to valuable mining tenements in the 1990s, their lawyers claim.

08.08 / 07:49

COST MET Extreme RIO Coronado declares coal price floor in a ‘dire’ steel market

The chief financial officer of Queensland coal miner Coronado, Gerhard Ziems, says coking coal prices are close to a floor amid “dire” global steel markets deflated by China’s weakening trade pulse.

07.08 / 19:21

RIO Deal Rinehart rival trying to rewrite deal worth billions, court told

A claim by a family owned company for royalties flowing from Gina Rinehart’s Hope Downs mine relies on a “futile attempt to rewrite” a key deal between Lang Hancock and Pilbara pioneer Don Rhodes, lawyers for Hancock Prospecting say.

07.08 / 08:19

FIVE CEO RIO voice rock Lithium boss calls for clarity amid WA heritage law debacle

Kalgoorlie | Pilbara Minerals chief executive Dale Henderson says West Australian companies are desperate for clarity as the WA government prepares to scrap new Aboriginal cultural heritage laws.

06.08 / 07:07

COST UPS RIO show dividend Australian Japanese giants reap $9b Australian dividend harvest

Big Japanese investors in Australia’s resources sector sent more than $9 billion of dividends back to Tokyo in the past year, but issued a fresh warning about the risk posed by government interventions in commodity markets.

04.08 / 06:49

Provident RIO cover exclusive Trove of telexes and letters shapes the battle for Rinehart billions

The first two weeks of the long-awaited court showdown between the billionaire descendants of Australian mining pioneers would have been tough to watch for the country’s richest person, Gina Rinehart.

03.08 / 19:17

UPS Action Fighting RIO show ‘Weak as ever’: Emails reveal bitter words in Rinehart family rift

Gina Rinehart’s son John Hancock told his sister Bianca she was “weak” and would “sidle up” to their mother in a bitter dispute over a family trust, in a personal email exchange aired for the first time in a separate fight over mining royalties.

03.08 / 08:59

BLOCK Aviat Airlines RIO country No political favours, says Joyce – and Chairman’s Lounge list stays secret

Alan Joyce on Thursday dismissed as “nonsense” the suggestion Qantas exchanges benefits for favours from the Albanese government, and declined to comment on who gets access to the airline’s coveted Chairman’s Lounge.

03.08 / 00:11

UPS Progressive Waters RIO pop Labor’s carbon policy spurred ‘lots of interest’ for this tech company

Calix Limited is starting to look like the Swiss army knife of Australian industry: the company’s patented kiln seems to have an unlimited number of applications, particularly in the realm of decarbonisation.

01.08 / 19:33

UPS Strategy RIO show stage Sibling emails reveal battle for Rinehart family trust

Private emails between some of Gina Rinehart’s children discussing extraordinary plans to mount a legal bid against their mother almost 20 years ago have been aired in the WA Supreme Court in a high-stakes legal battle over billions of dollars in mining royalties.

28.07 / 03:07

UPS RIO show voice Miners, WA tell Albanese to butt out of Aboriginal heritage

Mining exploration companies and West Australian Premier Roger Cook have warned the Albanese government not to double up on Aboriginal heritage laws that have caused widespread uncertainty and concern in the state responsible for the bulk of the nation’s mineral and LNG exports.

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