Yesterday
Zelensky to meet Trump on ‘very big’ minerals deal
Ukraine’s president said he needed to speak with Donald Trump about the details, while Donald Trump said the US would not give Ukraine guarantees “beyond very much”.
This Month
Lynas profit collapses as China keeps lid on rare earths prices
The development comes despite efforts by Western governments to broaden the global supply of critical minerals.
US says revenue from minerals deal will fuel Ukraine’s postwar growth
Scott Bessent says the country’s revenue from “natural resources, infrastructure and other assets” would be “allocated to a fund focused on the long-term reconstruction”.
Andrew Forrest takes control of rare earths mine, magnet maker
While his flagship company Fortescue retreats from hydrogen, Andrew Forrest’s private company has taken control of some rare earths mining and processing assets.
Australia still betting on rare earths
The Albanese government hoped for a new resources boom in new critical minerals projects and processing. There’s been a hard reckoning since, but the dream still lives for Iluka Resources and others.
Ukraine rejects audacious Trump demand for half its mineral wealth
The Ukrainian president has rejected the US bid and is trying to negotiate a better deal that includes security guarantees against Russia.
Board drama as Global Lithium succumbs to ‘Chinese’ takeover
New leadership denies claims of covert foreign influence over the WA-based critical minerals group.
BP’s Kwinana pause shows WA risks being left behind in renewables race
We should be leading the energy transition, but instead we’re stalled by slow approvals, political gridlock and a lack of urgency.
Taxpayer cash revives $105m lithium refinery project
The Albanese government’s floundering plan to grow a domestic mineral processing industry has been boosted by the revival of a stalled lithium phosphate project
January
‘Nature positive’ is high risk for Labor in the west
The short-term politics are a sideshow to the bigger danger of further slowing down Australia’s already sluggish economy.
Ioneer gets $1.6b loan to build Nevada lithium mine
The Australian miner received the loan from the Biden administration to create the first new lithium mine in the US in almost 60 years.
Taxpayer bet on rare earths plant depends on ‘non-China premium’
Foreign customers are expected to pay more for critical minerals from Arafura Rare Earths – a gamble that has placed almost $1 billion of government funds on the line.
Drilling for ‘natural hydrogen’ an enormous opportunity: Labor
Naturally occurring hydrogen has been detected in Tumut and parts of western NSW, raising government hopes it can be extracted from the ground like natural gas.
Julie Bishop hired to advise ASX-listed Greenland explorer
Energy Transition Minerals has become the latest mining client to join the former foreign minister’s consulting stable, which includes Mineral Resources.
FIFO mining camp operator bleeds cash as losses mount
French company Sodexo’s expansion into Australian FIFO camps has racked up nearly $177 million in cumulative losses over the past nine years.
Trump’s Greenland takeover talks sends ASX-listed explorer soaring
Among the unintended consequences of the President-elect’s desire for the Danish territory has been renewed investor interest in rare earths hopeful Energy Transition Minerals.
Meet the Aussie who helped give Trump ideas about Greenland
Perth-based Greg Barnes briefed the White House on his own mineral holding in the Danish territory during the president-elect’s first mandate.
Donald Trump jnr goes window-shopping for his dad in Greenland
The gambit comes at a tricky time for Copenhagen, as leaders on the mineral-rich island push harder for full independence from Denmark.
Rich and powerful join Andrew Liveris’ salt mining venture
Some of Australia’s richest families have signed up for shares in the new business as the humble mineral catches the eye of battery makers.
AustralianSuper takes $100m hit from collapse of cobalt miner Jervois
The battery minerals play, which was once valued at more than $1 billion, will delist from the ASX and be taken private, rendering its equity worthless.