Articles

  • 1 week ago | boilingcold.com.au | Peter Milne

    Good morning,A Monday morning newsletter this time as on Friday I looked at how the big resource players in WA had fared in the first two weeks of Trump's tariff chaos. Gold glistened, but it was varying degrees of red for everyone else. The two biggest losers were the equal partners in the Wodgina lithium mine in the Pilbara, Mineral Resources and Albemarle. The hit to Chris Ellison's company is no surprise, as it was in strife before entering the turmoil.

  • 2 weeks ago | boilingcold.com.au | Peter Milne

    Big players in the WA resources sector have had a grim time on the share market since US President Donald Trump's nonsensical "Liberation Day" tariff announcement on April 2. In the seven trading days that have followed, there has been a global crash in share prices, a brief reprieve when many tariffs were delayed for 90 days and then further falls on Friday. For the big operators in WA, it has been terrible to be Chris Ellison, great to be a gold miner, and varying degrees of pain in between.

  • 2 weeks ago | boilingcold.com.au | Peter Milne

    WA's big four iron ore miners who committed to battery-powered trains more than three years ago are all waiting on late deliveries of the emissions-savings technology. Climate sceptic Gina Rinehart's Roy Hill, renewable energy evangelist Andrew Forrest's Fortescue, and mining giants BHP and Rio Tinto all want to reduce their consumption of expensive diesel and production of greenhouse gases from moving more than 800 million tonnes of iron ore to port every year.

  • 2 weeks ago | boilingcold.com.au | Peter Milne

    A union leader said it was horrifying to see management receive full bonuses for personal safety after incidents tripled in four years.

  • 3 weeks ago | boilingcold.com.au | Peter Milne

    By Johanna Nalau, Madeline Taylor and Tony WoodAustralia’s 2022 federal election was seen as the climate election. But this time round, climate policy has so far taken a back seat as the major parties focus on cost-of-living issues. Despite this, climate change remains an ever-present threat. Last year was the world’s hottest on record and extreme weather is lashing Queensland. But there are hints of progress. Australia’s emissions have begun to fall and the main power grid is now 40% renewable.

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Pete Milne
Pete Milne @PeteMilne4
11 Apr 25

Who are WA's 'Trump dump' losers and winners so far? It pays to be a gold miner in turbulent times. Not so much if you are Chris Ellison or into gas and aluminium. https://t.co/325Yhqasez

Pete Milne
Pete Milne @PeteMilne4
9 Apr 25

WA's big four iron ore miners who committed to battery-powered trains 3 years ago are all waiting on late deliveries of the emissions-saving technology. https://t.co/iqRQYdhRct

Pete Milne
Pete Milne @PeteMilne4
6 Apr 25

Departing @Chevron boss thinks Australia is doing too much too much to reduce emissions. “Over-indexation” is a new low in corporate peak. After 9 years of flaccid failure at Gorgon CO2 injection perhaps the US major should say less and do more. https://t.co/WtP4xuDJ9i