Rio Tinto
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Australia Moves to Keep Rio Tinto Aluminum Smelter Operating

ByRubaisha

Australia has announced a major plan to keep the Rio Tinto-controlled Tomago aluminium smelter running well beyond 2028 by arranging new long-term energy support and government collaboration. This decision marks a significant shift in national industrial policy and aims to secure thousands of jobs, protect key manufacturing capability, and ensure continued aluminium production in the…

shayne elliott

Ex-ANZ CEO Launches Case Challenging the Bank

ByAyesha Sadeeqa

Shayne Elliott, the former long‑serving CEO of Australia and New Zealand Banking Group (ANZ), has taken a bold step. He has launched a legal case against his old employer. The dispute centers on millions of dollars in bonuses that ANZ removed after he stepped down. This news has been widely reported and is shaping conversations about…

ASX Midday

ASX Midday Report: Strong Gains in Materials, Tech Stocks Lag Behind

ByAyesha Sadeeqa

At midday today, the S&P/ASX 200 showed a clear split. Materials stocks were rising sharply. Tech names, in contrast, were under pressure. We saw miners jump after a boost in commodity prices. Meanwhile, many tech firms struggled as global growth worries and interest-rate concerns weighed on sentiment. We will examine what’s driving the moves and…