Ivan Vella

Rio Tinto has awarded $110 million in new contracts for its Pilbara operations, with the beneficiaries including indigenous contractor Yurra and global mining services firm FLSmidth.

Rio Tinto has awarded a contract around $30 million to Onsite Rental Group to provide ancillary and light mobile equipment over the next three years.

A privately owned WA airline has taken the lead on an innovative new service as the state government continues its review of regional aviation.

Rio Tinto’s Ivan Vella has been elected Chamber of Minerals and Energy of Western Australia’s new president, replacing Edgar Basto.

Rio Tinto has bowed to shareholder pressure over the destruction of Juukan Gorge, announcing this morning that chief executive J-S Jacques and two other senior executives would lose their jobs.

Rio Tinto has changed the name of its new iron ore mine to Gudai-Darri after a request from Banjima elders, one small step in the miner’s efforts to rebuild trust with traditional owners.

Simon Trott has been appointed iron ore chief executive at Rio Tinto, as part of a shake-up that leaves its management team weighted heavily in favour of its head office in London.

Mining giant Rio Tinto has taken the extraordinary step of publicly acknowledging it should have communicated recent executive changes to the PKKP people in a more collaborative way.

Rio Tinto will chip in $20 million for a new hospital in Tom Price in a deal signed before the caretaker period, but announced today.

Woodside Petroleum executive Fiona Hick has today become the first woman to be appointed president of the Chamber of Minerals and Energy of Western Australia.

New wind and solar farms will be used to power Rio Tinto's aluminium assets in the Gladstone region, as the mining giant looks to halve emissions by 2030.

Battery metals miner IGO has found a new chief executive in Ivan Vella, a long-serving Rio Tinto executive whose career includes a stint as iron ore boss in the aftermath of Juukan Gorge.

In this podcast Mark Pownall and Mark Beyer discuss mining cost challenges at IGO, BHP and Northern Star, MinRes China pullout, cultural heritage, Comm Games, gold miners, fund managers, indigenous business, Cottesloe development and George Kailis.

IGO will proceed with plans to employ Ivan Vella as chief executive despite the shock news that Rio Tinto sacked him over a confidential information breach.

Incoming IGO chief Ivan Vella says he regrets the events leading up to Rio Tinto sacking him a month before his scheduled departure.

Battery metals miner IGO has halted construction on part of its troubled Cosmos nickel mine, in a move that comes just days after its new chief executive Ivan Vella has taken the helm.

Battery metals miner IGO is bracing for a 20 per cent cut in spodumene sales from its Greenbushes joint venture lithium operation, marking another hit in response to market weakness.

IGO’s Cosmos nickel mine has become the latest victim of the nickel price crunch, with the company revealing it will shift the project to care and maintenance from the end of May.

Mark Beyer and Mark Pownall discuss Basil Zempilas; Waterbank; Nicola Forrest; Brian Anderson; house prices and interest rates; and Ivan Vella's IGO saga.

IGO has recorded a 53 per cent plunge in profit in the first half of this financial year, while having to deal with its Cosmos nickel mine and Kwinana refinery joint venture.

Lithium and nickel miner IGO reported a 110 per cent quarter on quarter drop in underlying earnings during the three months to March, leading it to a pre-tax loss of $15 million.

IGO managing director Ivan Vella does not believe green premium markets are the way forward for Australian critical minerals, in the wake of recent lithium and nickel price movements.

IGO will shortly transition its Forrestania operation into care and maintenance as it nears the end of its mine life, while also flagging job cuts from its exploration and corporate teams.

IGO boss Ivan Vella is working through the "difficult process" of redundancies after two of its nickel mines were put on ice, but spruiks there is still life left in Cosmos.

IGO has struck an agreement deed with Medallion Metals for the possible divestment of assets at its Forrestania project, another step in a major restructuring of its struggling nickel business.

IGO's stake in the Greenbushes lithium joint venture has aided its full year results, as it recorded sizeable write-downs of its nickel and exploration assets.

Lithium has been repositioned as IGO’s core focus, ahead of copper and nickel, while it expects to brace for extreme volatility as supply and demand imbalances play out.

IGO has not pocketed a dividend from the joint venture covering the Greenbushes hard rock lithium mine due to weak market conditions and prices this quarter.

The cost of building the third chemical grade processing plant designed to lift production capacity from the Greenbushes lithium mine has again blown out to $880 million.

Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.

Critical minerals miner IGO has taken up a majority stake in a copper project in northern Western Australia after pouring $15 million into exploration.

Critical minerals miner IGO is preparing to mark a “substantial” impairment against its troubled Kwinana lithium refinery amid weak market conditions for the battery ingredient.

IGO has gutted the value of its troubled Kwinana refinery after a recording a significant $525 million impairment against the ailing joint venture asset.