Layer3.news

WHO IS THE RICHEST WOMAN IN AUSTRALIA AND WHY WILL SHE NOW HAVE TO SHARE HER FORTUNE?

https://resizer.glanacion.com/resizer/v2/Y6ZYULBYWVFAPKXNPBJSRA556E.jpg?auth=6784df914149057fb34ae309f4dc7696606a925f648e03e6160e4d2008df4e93&smart=true&width=800&height=450

✍️ Gina Rinehart, Australia's richest person, must give up part of her fortune after a long-running legal dispute over her mining empire.

👉 Gina Rinehart, Australia's richest person, must give up part of her fortune 👉 13-year legal battle over mining empire 👉 Dispute centered on Hope Downs, a major iron ore project in Western Australia 👉 Rinehart inherited the business from her father in 1992 and developed mines in the region

-- #GinaRinehart #LangHancock #PeterWright #BiancaRinehart #JohnHancock #RosePorteous #DonRhodes #JayNewby #Australia #WesternAustralia #Pilbara #business

PARTS OF AUSTRALIA HIT BY SEVERE HEATWAVE AS TEMPERATURES PASS 40C IN NSW AND TASMANIAN BUSHFIRES THREATEN PROPERTIES

https://i.guim.co.uk/img/media/0466e77142561e3869f4d06f31a277bfcdfb91c8/0_0_1920_1536/master/1920.jpg?width=140&quality=85&auto=format&fit=max&s=3014222a0b2cfc45bb637d09bff200a2

✍️ Heatwave warnings have been issued for parts of Australia, including New South Wales, the Northern Territory, Queensland, and Western Australia.

👉 Heatwave warnings issued for parts of New South Wales, the Northern Territory, Queensland, and Western Australia 👉 East coast of New South Wales experiences its first heatwave of the summer 👉 Tasmania battles several bushfires 👉 Extreme heatwave warning issued for WA's Pilbara region

-- #NewSouthWales #NorthernTerritory #Queensland #WesternAustralia #Tasmania #Pilbara #environment

THE LONGEST TRAIN IN THE WORLD: MORE THAN 7 KILOMETERS AND 82,000 TONS THAT CROSS THE DESERT

https://www.clarin.com/img/2025/10/07/Bk4lsIoeI_2000x1500__1.jpg

✍️ A train owned by BHP, a mining company, has set a new record for the longest train in the world, stretching over 7.3 kilometers and carrying over 82,000 tons of mineral.

👉 BHP's train is the longest in the world, stretching over 7.3 kilometers 👉 The train carries over 82,000 tons of mineral 👉 The train operates in Western Australia, connecting mines to ports 👉 The train's journey takes over 8 hours, with a speed of 50 km/h 👉 The train requires precise calculations, logistics, and coordination of hundreds of workers 👉 The train's operation has been optimized through the use of automated control systems

-- #Australia #WesternAustralia #Pilbara #PortHedland #technology

ALBANESE HOPES CHINA’S REPORTED BHP IRON ORE BAN ‘VERY MUCH SHORT-TERM’ AS ASX DIPS

https://i.guim.co.uk/img/media/7f15c0ac6b78bdea2ef7c725fa6c7b7056b2cea9/137_240_3410_2728/master/3410.jpg?width=140&quality=85&auto=format&fit=max&s=5f71b406f94b2061c4051f63c7a389b6

✍️ Australian Treasurer Jim Chalmers is set to meet with BHP's CEO amid reports of a potential Chinese blockade on iron ore shipments, which could impact the global market.

👉 BHP faces a potential Chinese blockade on its iron ore shipments 👉 The blockade is reportedly due to hardball negotiations over the price of iron ore 👉 Australian Treasurer Jim Chalmers will meet with BHP's CEO to discuss the situation 👉 Australian Prime Minister Anthony Albanese expressed concern over the situation 👉 Iron ore prices are already elevated, and a potential blockade could impact the global market

-- #JimChalmers #MikeHenry #AnthonyAlbanese #KaanPeker #Brisbane #China #Australia #Pilbara #world

CLIVE PALMER ORDERED TO PAY $13M AFTER CLAIM OF BEING ‘FOREIGN INVESTOR’ IN AUSTRALIAN MINING PROJECT THROWN OUT

https://i.guim.co.uk/img/media/9692f5a7bd91059e930c786cc0abea92a4b8bb53/179_0_4680_3744/master/4680.jpg?width=140&quality=85&auto=format&fit=max&s=5fda039be93e5b6b79d2d6ad31c45942

✍️ Australian mining magnate Clive Palmer has been ordered to pay over $13m after an international tribunal rejected his claim of being a 'foreign investor'.

👉 Clive Palmer was ordered to pay over $13m after an international tribunal rejected his claim of being a 'foreign investor'. 👉 The tribunal dismissed Palmer's claim, saying it had no jurisdiction over the dispute between a national government and one of its citizens. 👉 Palmer had claimed damages totalling almost $US200bn after a mining proposal in Western Australia's Pilbara region was blocked. 👉 The government argued that Palmer was not entitled to any benefits under Australia's free trade and investment agreements.

-- #ClivePalmer #MichelleRowland #JonathanBonnitcha #Australia #WesternAustralia #Pilbara #Singapore #TheHague #NewSouthWales #politics

THE PROMISE OF GREEN IRON: CAN AUSTRALIA REINVENT ITS BIGGEST EXPORT?

https://s.yimg.com/ny/api/res/1.2/oe2CYPCYJywxaKWmUGcl6g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/mining_technology_700/16d7023fbd6cab23bc43cd0d158a6521

✍️ Australia's iron ore industry is facing a critical inflection point as China shifts towards greener steel-making methods, prompting calls for Australia to adapt and capitalize on the opportunity to become a major producer of green iron.

👉 China is shifting towards greener steel-making methods, threatening Australia's traditional iron ore exports 👉 Australia needs to develop its own green iron industry to stay competitive 👉 Green iron production involves producing green hydrogen to strip oxygen from iron ore 👉 Experts warn that Australia needs to take swift and large-scale action to capitalize on the opportunity

-- #AndrewForrest #SoroushBasirat #SimonNicholas #IngridBurfurd #MarcusHaynes #GeorgineRoodenrys #Australia #China #WesternAustralia #Pilbara #SouthAustralia #technology

RBC CAPITAL MAINTAINS A HOLD ON RIO TINTO GROUP (RIO)

https://s.yimg.com/ny/api/res/1.2/FFR1KWR1Sq3mImc48ILicA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/d39a5c117528f5378203f65a007c57bd

✍️ Rio Tinto Group is a top UK stock to buy, with resilient results for the first half of 2025 and a strong recovery of its Pilbara operations.

👉 Rio Tinto Group reported resilient results for the first half of 2025 👉 Underlying EBITDA was $11.5 billion and operating cash flow was $6.9 billion 👉 Copper and aluminum businesses contributed to the results 👉 Pilbara operations recovered from four cyclones in the first quarter

-- #BenDavis #Pilbara #business

MORE WET WEATHER: BOM SPRING FORECAST PREDICTS RAIN FOR EASTERN HALF OF AUSTRALIA AS RECORD OCEAN HEAT LIKELY TO INCREASE STORM SEVERITY

https://i.guim.co.uk/img/media/bdba3358810115403bccd7e26e751e12c5bfa0d8/0_0_4560_3648/master/4560.jpg?width=140&quality=85&auto=format&fit=max&s=831978c6ac8b296edd09a944d79481fc

✍️ Australia's eastern half is expected to have a wetter than usual spring due to record heat in the ocean and a negative Indian Ocean Dipole.

👉 Record heat in the ocean around Australia in July 👉 Negative Indian Ocean Dipole expected to bring wetter conditions 👉 Warmer than average night-time temperatures expected across most of the country 👉 Daytime temperatures above average in the north and south 👉 Tasmania expected to see maximum temperatures in the top 20% on record

-- #Dr.SimonGrainger,seniorclimatologistattheBureauofMeteorology #Australia #IndianOcean #Tasmania #NewSouthWales #Victoria #WesternAustralia #SouthAustralia #Murraylands #Gipplsland #DerbyCoast #Kimberley #Pilbara #environment

DRILLING DOWN: HOW WESTERN AUSTRALIA CAN TACKLE ITS MINING WORKFORCE SHORTAGE

https://s.yimg.com/ny/api/res/1.2/NF0..j_B_GMXbaQXyFCeFA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/mining_technology_700/b493b3c51a8225a970270b2de8a5d93b

✍️ Western Australia's mining industry has been experiencing a record high in employment, with a record 135,693 on-site full-time equivalent positions filled in 2024, driven by iron ore and gold sectors.

👉 Record high of 135,693 on-site full-time equivalent positions filled in 2024 👉 Iron ore and gold sectors drive growth 👉 40% projected increase in nation's resource workforce growth over the next five years 👉 Skills shortages widespread 👉 Layoffs in open-pit operations not enough to plug the gap

-- #GavinLind #SteveHeather #DaniTamati #HarrietBanda #WesternAustralia #Pilbara #Goldfields #Mid-west #Australia #mining

RIO TINTO GROUP (RIO) ANNOUNCES FINANCIAL RESULTS FOR FIRST HALF OF 2025

https://media.zenfs.com/en/insidermonkey.com/69a5e9309c5f37c3aa322d18dd37f6dc

✍️ Rio Tinto Group announced strong financial results for the first half of 2025, despite a decline in iron ore prices, driven by strong performances from its copper and aluminum divisions.

👉 Rio Tinto Group announced strong financial results for the first half of 2025 👉 Net profit decreased by 22% to $4.5 billion 👉 Underlying EBITDA decreased by 5% to $11.5 billion 👉 Copper and aluminum divisions performed strongly 👉 Production rose 6% annually 👉 Rio Tinto announced a $2.4 billion dividend 👉 Several important projects were advanced, including the Simandou iron ore project and the lithium industry

-- #RioTinto #Pilbara #OyuTolgoi #business

BASIC MATERIALS ROUNDUP: MARKET TALK

https://images.wsj.net/im-71064087/social

✍️ Investors will be looking for updates on Rio Tinto's Oyu Tolgoi copper-mine plans, Pilbara iron-ore blending strategy, and impacts from U.S. tariffs when the miner reports 1H earnings.

👉 Investors will be looking for updates on Rio Tinto's Oyu Tolgoi copper-mine plans 👉 Pilbara iron-ore blending strategy 👉 Impacts from U.S. tariffs 👉 Mine plan revision at Oyu Tolgoi 👉 Blending strategy in the Pilbara 👉 Absorbing or passing through new U.S. duties on aluminum sales 👉 Plans to expand copper processing

-- #PaulMcTaggart #OyuTolgoi #Pilbara #U.S. #business

FORTESCUE SHARES UP ON IRON ORE BEAT; SCRAPS US, AUSSIE GREEN HYDROGEN PROJECTS

https://media.zenfs.com/en/reuters-finance.com/27ac8695c131e5436e3fdcfe39e4856b

✍️ Fortescue, Australia's fourth-largest iron ore miner, posted record fourth-quarter iron ore shipments and lower costs, beating analyst expectations, and announced it would scrap its US and Australian green hydrogen projects.

👉 Fortescue posted record fourth-quarter iron ore shipments of 55.2 million metric tons 👉 Costs fell to the lowest per unit since 2020 👉 Company forecast record production again for next year 👉 Spending plans trimmed, raising prospect of maintaining dividend payout ratio 👉 US and Australian green hydrogen projects scrapped

-- #AndrewForrest #GlynLawcock #MelanieBurton #RoshanThomas #RajasikMukherjee #DevikaSyamnath #KateMayberry #Melbourne #Sydney #Queensland #Arizona #Gladstone #WesternAustralia #Pilbara #business

FORTESCUE AXES TWO GREEN HYDROGEN PROJECTS AFTER TRUMP ADMINISTRATION’S SHIFT ON RENEWABLES

https://i.guim.co.uk/img/media/75069752ac097c593a9888aa5a57e1e252486f6e/696_0_6827_5464/master/6827.jpg?width=140&quality=85&auto=format&fit=max&s=33f76ceb48e48b0a903a3e80fb6dbe2c

✍️ Andrew Forrest's Fortescue company has cancelled two major green hydrogen projects, citing the Trump administration's shift away from renewable energy and a lack of certainty in the market.

👉 Fortescue has cancelled two major green hydrogen projects in Queensland and Arizona 👉 The company blames the Trump administration's shift away from renewable energy and a lack of certainty in the market 👉 Fortescue is focusing on advancing technologies to provide low-cost hydrogen for green industries in Australia 👉 The cancellation raises questions about the future of green hydrogen as a clean fuel

-- #AndrewForrest #GusPichot #SimonNicholas #TimAyres #Queensland #Arizona #Pilbara #environment

BHP SAYS AUSTRALIAN GREEN IRON TOO COSTLY DESPITE JOINT CHINA DEAL

https://media.zenfs.com/en/reuters-finance.com/9aa48ea2a81918848d40cac6504553a0

✍️ BHP, a major miner, has expressed concerns about the cost of producing 'green iron' in Australia, citing high power prices and labor costs.

👉 BHP is too costly for Australia to build a 'green iron' industry 👉 High power prices and labor costs are major obstacles 👉 Australia's supply of iron ore is too low-grade to be directly processed into steel with renewable energy 👉 The country has allocated A$1 billion to support the manufacture of green iron and its supply chains 👉 BHP, Rio Tinto, and Bluescope Steel are working on a pilot plant to produce low-carbon iron

-- #GeraldineSlattery #AnthonyAlbanese #AndrewForrest #Australia #China #MiddleEast #Pilbara #environment

RIO TINTO’S IRON ORE OUTPUT HIGHEST SINCE 2018; FLAGS TARIFF COSTS

https://images.wsj.net/im-54600243/social

✍️ Rio Tinto reported its highest second-quarter output from its Australian iron-ore mines since 2018, with a 5% increase in production compared to the year-earlier period.

👉 Rio Tinto reported its highest second-quarter output from its Australian iron-ore mines since 2018 👉 Production increased by 5% compared to the year-earlier period 👉 Pilbara iron-ore operations recovered well from setbacks in the first quarter 👉 Rio Tinto flagged around $300 million of gross costs from U.S. tariffs on its Canadian aluminum exports

-- #Australia #Canada #Pilbara #business

AUSTRALIA’S EMISSIONS UP SLIGHTLY IN 2024 AS LABOR FACES HEAT OVER ‘CLIMATE-WRECKING’ GAS PROJECT

https://i.guim.co.uk/img/media/f1e291b622d05e42f004088877ec5ca4377d3c0c/186_0_2937_2348/master/2937.jpg?width=140&quality=85&auto=format&fit=max&s=089b2a2ae8586d683183b09433d5b8c7

✍️ Australia's climate-heating emissions increased fractionally last year due to pollution from fossil fuel power plants, domestic air travel, and diesel-powered cars and trucks, despite the Albanese government's pledge to cut pollution.

👉 Emissions from fossil fuel power plants rose for the first time in a decade 👉 Domestic air travel and use of diesel-powered cars and trucks hit record highs 👉 The Albanese government has approved a 40-year life extension for the North West Shelf LNG processing facility 👉 The facility is responsible for about 1.4% of the country's annual climate pollution

-- #MurrayWatt #AnthonyAlbanese #AngusTaylor #ChrisBowen #LarissaWaters #AlexHillman #Australia #Pilbara #Murujuga #Burruppeninsula #NewSouthWales #HunterValley #SouthAustralia #environment

WOODSIDE GRANTS APPROVAL FOR NORTH WEST SHELF PROJECT EXTENSION IN WA

https://s.yimg.com/ny/api/res/1.2/ilkdfk_lHAqVyTNO0dkB8w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/offshore_technology_431/40006f62c549cdfb60ea43df13ae9dbf

✍️ Woodside and the North West Shelf Joint Venture have expressed support for the Australian Federal Government's proposal to grant environmental approval for the North West Shelf project extension.

👉 The North West Shelf project extension aims to extend the operational life of the gas plant until 2070 👉 The project has undergone thorough assessments and appeals 👉 The proposed federal conditions include measures to manage cultural heritage, air quality, and greenhouse gas emissions 👉 The project has generated over A$40bn in royalties and excise, created employment and contracting opportunities, and invested in social and community infrastructure

-- #LizWestcott #WesternAustralia #Pilbara #Karratha #Perth #environment

APPROVAL OF WOODSIDE LNG PROJECT GAMBLES WITH ANCIENT HERITAGE FOR SHORT-TERM GAIN

https://i.guim.co.uk/img/media/a30d25f486525ebee6f28648c75bf91489dba2e7/100_0_3165_2532/master/3165.jpg?width=140&quality=85&auto=format&fit=max&s=acf675eb818e8142e2320cd5071fb7bd

✍️ Australia's environment minister has approved a 40-year life extension for a major fossil fuel development, despite concerns about its impact on ancient rock art and the environment.

👉 The North West Shelf LNG development has been extended until 2070 👉 The decision has raised concerns about the impact on ancient rock art 👉 A monitoring report revealed that emissions from the development have damaged the rock art 👉 The government has downplayed the issue and argued that pollutant levels have declined over the past decade 👉 Critics argue that the decision is a gamble with a place of cultural heritage for short-term interests

-- #MurrayWatt #RogerCook #BenjaminSmith #AdrianBaddeley #GoughWhitlam #MalcolmFraser #RaeleneCooper #Australia #Pilbara #BurrupHub #Murujuga #WesternAustralia #environment

WOMAN WHO CLAIMS TO BE GINA RINEHART’S NIECE CALLS ON BILLIONAIRE TO ‘RESOLVE ANY DOUBTS’ WITH DNA TEST

https://i.guim.co.uk/img/media/408edf26b6574640a6ca27c6a68b18afc3a6a150/0_0_2500_1500/master/2500.jpg?width=140&quality=85&auto=format&fit=max&s=cbe99ea1021888b4d6b0218609be6c93

✍️ An Aboriginal woman, Naydene Robinson, is calling on Gina Rinehart to take a DNA test to prove their family connection, claiming she is Rinehart's half-sister.

👉 Naydene Robinson is seeking to establish a family connection with Gina Rinehart 👉 Robinson claims her mother was fathered by Lang Hancock at Mulga Downs station in the 1930s 👉 She is asking Rinehart to take a DNA test to prove their family connection 👉 Robinson is seeking an 'amicable' settlement that recognizes her mother as Hancock's child and Rinehart's half-sister 👉 She is calling for Mulga Downs to be returned to the Banjima traditional owners

-- #NaydeneRobinson #GinaRinehart #LangHancock #SellaRobinson #MinnitDoris #HildaKickett #MulgaDownsstation #Pilbara #Perth #MooreRiverNativeSettlement #politics

RIO TINTO POSTS LOWEST Q1 IRON ORE SHIPMENTS SINCE 2019, TEMPERS FORECAST

https://media.zenfs.com/en/reuters-finance.com/b9becbfa66616370d38330ffa953895a

✍️ Rio Tinto reported its lowest first-quarter iron ore shipments since 2019 due to weather disruptions, warning that it may miss its 2025 forecast.

👉 Rio Tinto reported its lowest first-quarter iron ore shipments since 2019 👉 Weather disruptions caused by tropical cyclones impacted Pilbara operations 👉 Company expects Pilbara iron ore shipments for 2025 to hit the lower end of its forecast range 👉 Total losses of 13 million tons of iron ore due to weather disruptions 👉 Company implemented recovery plans to recoup about half of the losses at a cost of A$150 million

-- #RoushniNair #MelanieBurton #RajasikMukherjee #DevikaSyamnath #SherryJacob-Phillips #Rio #Pilbara #Dampier #Bengaluru #Sydney #Utah #business

CYCLONES IMPACT RIO TINTO Q1 PILBARA PRODUCTION AND SHIPMENT BY 13 MILLIONS TONNES, TRIGGER $95 MILLION RECOVERY PLAN

https://media.zenfs.com/en/Benzinga/5b9c1c76e7c0823e9bb56877e4a21387

✍️ Rio Tinto Plc reported a 10% decline in Pilbara iron ore production and an 8% decrease in shipments due to severe weather conditions.

👉 Pilbara iron ore production declined 10% year-over-year to 69.8Mt 👉 Pilbara iron ore shipments decreased 8% year-over-year to 62.5Mt 👉 Severe weather conditions, including four cyclones, caused an estimated loss of 13 million tonnes 👉 Production of Bauxite rose 12% year-over-year to 15.0MT 👉 Production of Alumina rose 3% year-over-year to 1.9Mt

-- #JakobStausholm #Pilbara #WesternAustralia #Guinea #WestPilbara #business

WEATHERWATCH: TROPICAL CYCLONE ZELIA BRINGS HIGH WINDS AND RAIN TO WESTERN AUSTRALIA

https://i.guim.co.uk/img/media/9323d1180fc180716231638485fc83e885950ad8/0_379_5680_3408/master/5680.jpg?width=140&quality=85&auto=format&fit=max&s=c2b7d167acb349a901b1931d2257c119

✍️ Tropical cyclone alert issued for Western Australia's north coast, while Canada and Europe experience severe cold snaps.

👉 Tropical cyclone alert issued for Western Australia's north coast 👉 Cyclone expected to strengthen and make landfall in the Pilbara region 👉 Heavy rain and strong winds expected in Western Australia 👉 Canada experiencing severe cold spell, with temperatures 5-10°C below average 👉 Europe expected to see cold snap in the coming week, with temperatures 2-10°C below average

-- #WesternAustralia #Kimberley #Pilbara #Canada #Calgary #Edmonton #Saskatoon #Europe #Scandinavia #Cambridge #weather

Up close with the 300 tonne driverless trucks.

The mine has a fleet of over 50 self-driving trucks that operate independently on pre-defined courses, alongside manually driven trucks. The autonomous trucks have improved physical safety, reducing the risk of accidents caused by human error. The technology has also increased productivity by 15%, as autonomous equipment can be used continuously without breaks. The mine's Operations Centre in Perth monitors and coordinates the autonomous trucks, drills, and other equipment remotely. While automation has not resulted in job losses, it has led to redeployments and reskilling of workers. ● Rio Tinto's Greater Nammuldi iron ore mine has a fleet of over 50 self-driving trucks ● Autonomous trucks have improved physical safety and reduced the risk of accidents ● The technology has increased productivity by 15% ● Autonomous equipment can be used continuously without breaks ● The mine's Operations Centre in Perth monitors and coordinates the autonomous trucks, drills, and other equipment remotely

#DwanePallentine #MatthewHolcz #JessCowie #RobinBurgess-Limerick #ShaneRoulstone #WesternAustralia #Perth #Pilbara #GreaterNammuldi #mainstream #technology

Power station-turned-event space lights up Australian architecture awards.

The Powerhouse, an events and exhibition space, has been recognized for its design and engineering feats, which boost connection and community engagement. The site, which was once a power station, has been restored to its original state, incorporating sustainable materials and practices. The project has won two awards at the Australian Institute of Architects' national awards, recognizing its meaningful and inclusive approach to transforming the site. ● The Powerhouse has won two awards for sustainable architecture and urban design ● The site features Australia's first use of hempcrete for a public building ● The project restored some of the site's original structures ● The Powerhouse is an events and exhibition space ● The site has been recognized for its meaningful and inclusive approach to transformation

#MikeCannon-Brookes #Mildura #Australia #Victoria #SouthHedland #WesternAustralia #Pilbara #GreatOceanRoad #mainstream #architecture