Energy & Natural Resources

The South Australian government has opened the sales process for the struggling Whyalla Steelworks, saying potential buyers had already shown strong interest.

The funder of a failed class action against the founder of sandalwood producer Quintis and EY and has been hit with costs, despite arguing the order would set a bad precedent. 

A judge has temporarily excused uranium miner Paladin Energy from providing initial discovery in a shareholder class action, as the parties wait for a competing class action to be filed. 

Green iron start-up Element Zero has said it will fight Fortescue’s bid to access nearly nine million documents collected under a controversial search order in the mining giant’s case alleging former employees misappropriated its process for carbon dioxide-free iron. 

EnergyAustralia has entered into a joint venture with EDF Power Solutions Australia to develop the Lake Lyell pumped hydro energy storage project in Lithgow, NSW.

Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW.

Professional services giant KPMG has reached a settlement in a shareholder class action over the failure of mining company Cudeco.

ASIC has told a court that a PwC report into allegations of inaccurate coal pricing found that 12 “inconsistent” invoices issued by TerraCom resulted in a $1.15 million benefit to the company, contrary to the company's claim that the audit found no wrongdoing.

Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia's off-grid mining industry.

An activist group has launched a legal challenge to Woodside’s proposed North West Shelf gas venture extension to 2070, seeking judicial review of Western Australia's approval decision.