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Malaysia Clarifies Lynas License Terms Amid US Mineral Pacts
Malaysia's trade ministry stated that recent US trade and critical minerals agreements do not alter the technical conditions imposed on Lynas Rare Earths' Malaysian operations. The ministry confirmed Lynas's 10-year operating license renewal, granted on March 3, 2026, remains subject to strict waste management deadlines.
Coles Under Pressure to Sever Palantir Data Deal Amid Privacy Concerns
Coles faces a public campaign demanding it terminate its relationship with U.S. data analytics firm Palantir. The retailer maintains the technology is used solely for business planning, not surveillance.
Telstra Urges Government to Slash $7.3B Spectrum Fee, Warns of Price Hikes
Telstra is pressuring the Australian government to reduce a proposed $7.34 billion spectrum licence renewal fee, arguing it exceeds fair value by $4.1 billion and could lead to higher mobile prices or lower investment.
South32 pivots to base metals as Mozal smelter closure looms
South32 Ltd is accelerating its transition toward base metals production, with CEO Graham Kerr projecting 90% of output will soon come from these operations. The shift coincides with the impending closure of its Mozal aluminum smelter in Mozambique.
Ampol Dividend Deadline Looms Amid Refining, Regulatory Pressures
Ampol shares will trade ex-dividend on March 6 for a fully franked 60-cent final dividend, with payment set for April 2. Investors weigh this income against falling refinery margins and an ongoing competition review of its proposed EG Australia takeover.
PLS Group's Gender Pay Gap Widens Amid Corporate Restructuring
PLS Group's median gender pay gap in Australia increased to 15.2% from 11.1% the previous year, which the company attributes to corporate layoffs and a processing plant being placed into care and maintenance.
Santos' Beetaloo Fracking Plan Draws Scientific, Indigenous Opposition Over Hot Springs Risk
Santos' proposal to drill and frack 12 test wells in the Beetaloo Basin faces opposition from scientists and Indigenous custodians, who warn of threats to the ecologically sensitive Hot Springs Valley. The Northern Territory regulator is reviewing the environmental plan.
NAB Reports Surge in Mortgage Offset Usage Amid Rate Uncertainty
National Australia Bank reports a significant increase in offset account adoption, with 75% of mortgage customers now utilizing them. The trend intensifies as households brace for potential interest rate hikes.
Fortescue Directors Increase Holdings Following Strong Earnings, Dividend Boost
Multiple Fortescue board members acquired shares in late February, following the iron ore miner's announcement of a 23% jump in first-half earnings and an increased interim dividend. The stock gained 2% on Thursday.
ANZ Revises Key Financial Calendar, Moves Half-Year Results Forward
ANZ Group has rescheduled its half-year financial results to May 1, six days earlier than previously planned, and adjusted the timetable for its interim dividend distribution.
Woodside Directors Increase Holdings Amid Leadership Transition
Woodside Energy's board-linked trustee purchased shares for seven non-executive directors, signaling confidence during a CEO search and major project negotiations. The company's Scarborough project is 94% complete.
IPH Launches Share Buyback, ASX Rises on Tech Gains
IPH Limited initiates a share repurchase program for up to 12.23 million shares, coinciding with a market rebound led by technology and healthcare sectors. Several stocks face valuation reassessments amid shifting investor sentiment.