September
Listed manufacturing player Amaero upsizes raise
The company’s initial ask was for $20 million, but it received bids for nearly $45 million, sources said.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Want to do business in Asia? Beware your unconscious bias: Lynas boss
Amanda Lacaze, the managing director of Lynas Rare Earths, narrates how she set aside a full day for cultural awareness during her trip to Malaysia.
- Jessica Sier and Andrew Tillett
Mystery investor raises questions about Northern Minerals divestment
Labor forced the miner’s largest investor, a China-linked fund, to sell its shares. A Hong Kong-registered firm with almost no corporate history bought up.
- Brad Thompson
US and Australia ink critical minerals funding pact
The cooperation bolsters a push that Washington and Canberra have already unleashed to create non-Chinese supply chains in minerals needed for decarbonisation and defence.
- Elouise Fowler
August
Pengana tips this tiddler to grow into a ‘multibillion-dollar’ stock
Portfolio manager Jeremy Bendeich explains why he’s betting big on titanium, and explains the potential behind Brazilian Rare Earths.
- Updated
- Joanne Tran
Iluka to halt rare earths refinery unless Labor caves in on funding
Iluka Resources says it won’t finish building a strategically important rare earths refinery unless the Albanese government comes up with more funding,
- Brad Thompson
Gold saves the day as Diggers deals with the nickel and lithium rout
The annual Kalgoorlie conference was abuzz with the hopes and dreams of nickel and critical minerals groups – last year. How different things are now.
- Brad Thompson
Rare earths explorer St George buys Brazilian project; raise underway
Potential investors were told the project sits in the same complex as the Brazilian giant CBMM’s assets, which control 80 per cent of the world’s niobium mineralisation.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lynas boss Lacaze sees merit in nuclear power option
Lynas Rare Earths boss Amanda Lacaze says Australia needs to be energy-supply agnostic if it is realistic about becoming a critical minerals superpower.
- Brad Thompson
July
Chinese rare earths giant looks to set up in Australia
Shenghe wants to expand into Australia despite strong government opposition to Chinese investment.
- Updated
- Brad Thompson
Rare earths player Meteoric Resources launches raise; four banks hired
Barrenjoey, Canaccord Genuity and SCP Resource Finance were mandated as the joint lead managers, while Euroz Hartleys had a co-manager role.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rare earths hopefuls offer big discounts to get raises off the ground
Long-time followers of the commodity class know that only a handful of dedicated rare earths mines have ever been built outside of China.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lynas puts the acid on Labor after BHP halts nickel work
The rare earth company’s managing director, Amanda Lacaze, says the Albanese government should step in to help stop other companies becoming collateral damage.
- Brad Thompson
Rinehart-backed Arafura locks in $1.5b debt deal, chases $1.2b raise
The company is developing a rare earths refinery in the Northern Territory, defying concerns about pricing to win backing from Canada, Germany and South Korea.
- Brad Thompson
Glencore warns of nickel job losses unless labour costs controlled
BHP’s decision to shut its nickel mines, smelter and refinery is already being felt across families, communities and other mining companies and businesses.
- Brad Thompson, Tom Rabe and James Hall
China magnet maker nabs stake in Forrest-backed rare earths play
Chinese rare earths heavyweight JL Mag will get 9.8 per cent of Hastings Technology Metals in return for a $7 million investment.
- Brad Thompson
June
Lynas to break China’s heavy rare earths stranglehold
The Amanda Lacaze-led miner will start producing two critical minerals that are essential to the US and its allies from next year.
- Brad Thompson
Niobium fever spreads as Encounter hits paydirt in WA1’s backyard
The West Arunta region is rapidly becoming Australia’s next critical minerals province after Encounter found high-grade niobium close to WA1’s Luni discovery
- Peter Ker
Rare earths hopeful Resouro surges on ASX debut
Shares in the Regal-backed company soared nearly 40 per cent, as investors took advantage of its lower offer price compared to its Canadian listing.
- Alex Gluyas
Rinehart-backed Brazilian Rare Earths launches $66m share placement
The offer was priced at $3.30 a share, a 9.6 per cent discount to the last close but more than double the $1.47 mark at which it listed just six months ago.
- Sarah Thompson, Kanika Sood and Emma Rapaport