Wyloo

Our annual update of WA’s 50 most influential people analyses those using their role and profile to make a difference.

A 30-hectare site in Kwinana has been earmarked for what is billed to be the first-of-its-kind battery materials facility in Australia, spearheaded by ASX-listed IGO and Andrew Forrest’s Wyloo Metals.

Wyloo Metals has gained control of Mincor Resources after the Andrew Forrest-led company secured majority voting power.

IGO has reported a bolstered net profit ahead of an expected non-cash impairment on the assets it acquired from Western Areas last year.

Maali Group managing director Mitchell Matera was announced as First Amongst Equals at the 40under40 Awards for 2023, taking the top spot ahead of a varied cohort of Western Australia’s young business and community leaders.

Takeover target Mincor Resources could be delisted from the ASX if Wyloo Metals does not achieve the 90 per cent stake needed for a compulsory acquisition.

Newcrest Mining and Wyloo Metals-backed Greatland Gold are seeking environmental approval for their $529 million Havieron gold mine.

The federal budget mapped out a path to ‘green hydrogen superpower’ status, championed critical minerals relationships and altered taxes on oil and gas. Here’s how industry responded.

Mark Barnaba-chaired Greatland Gold plc has confirmed its intention to list on the ASX this year but is still evaluating the choice of lead manager and the scope of any equity raising.

WA produces a diverse array of minerals, yet one commodity dominates the sector.

Rare earths hopeful Hastings Technology Metals has secured a potential offtake agreement with a Canadian magnet manufacturer for its Yangbiana project in the Gascoyne.

An anticipated strategy paper from the federal government outlining a plan to cement Australia's place in the global critical minerals furore has seemingly fallen short of expectations.

Wyloo Metals has secured the shareholder support it needs to take over nickel player Mincor Resources, in what could prove a key deal for Andrew Forrest's downstream processing ambitions.

Wyloo Metals chief executive Luca Giacovazzi says ‘every banker on the street’ has pitched an IPO to the Andrew Forrest-owned group, receiving inbound interest since arriving at Diggers & Dealers.

Western Australia’s resources middle tier could be at the heart of $170 billion in GDP growth by 2040, but only if the nation acts on its critical minerals opportunities, according to PwC.

Experienced mining boss Gabrielle Iwanow will head Perenti’s contract mining division after exiting her role as managing director of Mincor Resources.

Andrew Forrest’s Wyloo Metals has pushed pause on its Kambalda nickel operation, a week after a major nickel mine in Ravensthorpe was suspended.

BHP’s Nickel West division has revealed it will move part of a processing operation in Kambalda to care and maintenance after Wyloo Metals – a major customer – stopped mining nearby.

Jack McGinn and Mark Beyer discuss the plight of the government's FOGO recycling plans.

Mark Beyer and Mark Pownall discuss the battery metals shake out; Santos legal delay impacts; high energy prices; HBF cost cut; McCusker charity news, and a magazine preview.

Western Australian rare earths developer Hastings Technology Metals is looking abroad to eastern Europe to process ore from its mine under construction in the Gascoyne.

Project scale-backs and mine closures have put jobs in the spotlight but the headline figures only tell part of the story.

BHP has pushed back plans to build a 1,152-person camp to house nickel workers as the miner mulls the viability of a $750 million upgrade of its Kalgoorlie nickel smelter.

Newmont Corporation has announced it will divest six of its non-core assets, including its Telfer goldmine in the Pilbara, with Andrew Forrest-backed Greatland Gold the likely buyer.

A delegation including Tesla, Forrest empire nickel business Wyloo Metals and lithium producer Pilbara Minerals has met with the federal government over a battery metals production tax credit.

A senior Indonesian official has warned the nation has little interest in letting nickel prices rise above $US18,000 per tonne as analysts send mixed signals around the beleaguered battery metal’s revival.

Andrew Forrest’s Wyloo Metals has failed in its bid to throw out a Supreme Court judgment over a mining lease that includes about 95 hectares of Minderoo Station.

WA nickel producers will be unable to apply for a royalty relief package announced in February if the price of the commodity remains at its current level.

Nickel miner Igo and Andrew Forrest’s Wyloo Metals have paused progressing a battery materials facility in Kwinana amid current market conditions.

IGO is preparing to write down the value of two of its nickel exploration assets by up to $295 million, marking another blow for the miner amid depressed market conditions.

Greatland Gold chief executive Shaun Day believes the Telfer gold-copper mine his company is acquiring in a $700 million deal with Newmont Corporation is in its best shape in nearly two decades.

The man who runs Andrew and Nicola Forrest’s private business empire has exited the board of their peak company but the group insists it is business as usual.

Wyloo is planning to sell its nickel products through Metalshub in a bid to fetch a green premium once its restarts its shuttered Kambalda operation.

Andrew and Nicola Forrest’s private investment vehicle Wyloo has sounded the alarm over Hastings Technology Metals’ solvency and ability to repay its multi-million-dollar loan.

Hastings Technology Metals has alleviated the concerns of Andrew Forrest’s Wyloo Metals, after the latter filed a default notice against the rare earths developer last week citing solvency fears.

A WA nickel aspirant believes the market for the maligned metal is on the brink of resurgence, while outlining the economics of its goal to build a $1.6 billion project.

Greatland Gold has hailed the “Rolls Royce” Telfer project it acquired in December, after producing almost 30,000 ounces of gold from the project over its first 27 days of ownership.

Andrew and Nicola Forrest’s private company has revealed new details on the growth of its multiple subsidiaries including RM Williams, Squadron Energy, Akubra and Harvest Road Group.

Wyloo plans take a majority stake in the Yangibana rare earths project, in a move which would cancel out millions owed to it by Hastings Technology Metals.

Tattarang’s chief executive has opened up on wins and losses at Andrew and Nicola Forrest’s private company and outlined plans for continued rapid growth.