IPL
Director Trades
| Date | Director | Value |
|---|---|---|
| 11/11/24 | J. Ho | $4,817,214 |
| 12/11/24 | G. Robinson | $200,129 |
| 13/11/24 | J. Ho | $3,122,397 |
| 5/12/24 | J. Ho | $56,832,316 |
Company News
Chalice extends Julimar exploration, New Hope receives grants and Incitec Pivot appoints CEO of fertilisers business
Chalice Mining (ASX: CHN) has issued an update on its exploration activities at the Julimar nickel-copper-platinum group elements (PGE) project in Western Australia, confirming an extension will take place after a recent breakthrough. The mining company said it is “considering securing a strategic minority joint venture partner to assist in developing a potential mine at […]
Woodside to supply LNG to Europe, Woolworths’ bid for MyDeal approved and Santos receives more CCS permits
Australia-based Woodside Energy (ASX: WDS) has inked a long-term deal 12 cargoes of liquefied natural gas (LNG) from January 2023 to German utility Uniper – in a bid to cut Europe’s reliance on Russian supplies. Uniper was Europe’s former largest buyer of Russian gas, but Russia President Vladimir Putin has threatened to turn off the […]
Qantas workers threaten strike, Chalice Mining breakthrough at Julimar and Incitec appoints CFO for fertiliser business
Australia’s largest domestic and international airline Qantas (ASX: QAN) is facing troubled times ahead as 1,000 of its staff prepare to potentially go on strike in the midst of failed negotiations over a 12% pay rise. Engineers from Qantas, Jetstar and Network Aviation are set to vote on strike action next week, with two options […]
Incitec Pivot plans for fertiliser and explosives split, AGL warns over ‘false’ statements and Qantas acquires TripADeal
Incitec Pivot (ASX: IPL) has revealed it is yet again going ahead with plans to separate its fertiliser and explosives businesses, which would both be demerged and listed on the ASX. The company broke the news to shareholders on Monday, and will implement a structural separation of its Dyno Nobel and Incitec Pivot Fertilisers businesses. […]
Rocketing fertiliser prices forecast to continue amid war and surging cost of fuel
As the Russian and Ukraine war continues to play out, almost every sector is feeling the ripple effect, with energy prices among the first to surge, but fertiliser products and their raw ingredients aren’t far behind – attracting substantially higher prices. Russia and Belarus contribute 40% of traded volumes annually in the potash market, a […]
Fertiliser stocks surge as Russia suspends exports, Rio Tinto cuts ties, Zip continues to disappoint
Fertiliser company Incitec Pivot (ASX: IPL) has recovered from a series of problems at its production facilities in recent weeks as skyrocketing global wheat prices saw investors pivot to the stock. Incitec saw its price peak at $3.77 in early trading on Friday only to ease back slightly to close at $3.72, a significant outperformance […]
Monadelphous-Lycopodium JV wins $400m Rio Tinto contract
Iron ore mining giant Rio Tinto (ASX: RIO) has awarded a major engineering, procurement and construction (EPC) contract worth $400 million to a Western Australian joint venture between Monadelphous (ASX: MND) and Lycopodium (ASX: LYL). Under the deal, Perth-based EPC company Mondium, in which Monadelphous owns 60% and Lycopodium holds 40%, will design and construct […]
Central Petroleum to supply Mereenie gas to AGL Energy
Central Petroleum (ASX: CTP) has inked a deal to supply up to 21.9 petajoules of gas from its Mereenie field in the Northern Territory to major retailer AGL Energy (ASX: AGL). The new gas sale agreement, signed together with Central’s private joint venture partner Macquarie Mereenie Pty Ltd, spans a three-year period and is expected […]
Incitec Pivot looks to receive Central Petroleum’s gas before month end
The first delivery of contract gas under a fresh sales agreement between Central Petroleum (ASX: CTP) and Incitec Pivot (ASX: IPL) is within arm’s reach as the northern gas pipeline – the conduit for the contract – prepares for start-up. In June, the oil and gas junior signed an agreement with the $6 billion Australian […]
Central Petroleum and Incitec Pivot join forces in Queensland
Junior oil and gas company Central Petroleum (ASX: CTP) could soon be adding fresh acreage and renewed exploration impetus into its portfolio after the natural gas explorer announced it was the preferred bidder for the Queensland Government’s tender for acreage (PLR201718-1-1), a 77 square kilometre plot of land dedicated to supplying the domestic Australian market. […]