Shock and ore as China weaponises rare earths
Rare earth stocks defied the market carnage as China’s move to restrict exports threatened key industries like defence and renewables.
Rare earth stocks defied the market carnage as China’s move to restrict exports threatened key industries like defence and renewables.
Wesfarmers chairman Michael Chaney fears the untold damage Donald Trump’s tariffs are inflicting on the global economy, describing Washington’s behaviour as ‘appalling’.
Australia’s richest person, Gina Rinehart, has cleared up differences with opposition leader Peter Dutton, with their alliance tested by the Coalition’s energy policy unveiled last week.
Mining giant Rio Tinto has given its London investors a lesson on Aussie tax breaks as former WA treasurer Ben Wyatt warned of franking credit waste in ditching its dual listing.
Glencore has warned local communities that its Mount Isa copper smelter and Townsville copper refinery are hanging by a thread and unlikely to survive without government support.
Business leaders have agonised over a global economic hit from US President Donald Trump’s sweeping intervention on tariffs, which will ripple through world trade and inflate costs.
As Rio Tinto shareholders prepare to have their say on leaving the London listing behind, activist hedge fund Palliser Capital has accused the mining giant’s board of running scared.
Shareholders have hit the miner and its managing director Chris Ellison with a class action that will examine his tax evasion and how share prices were impacted by alleged poor governance.
Abandoning a dual-listed structure could cost Rio Tinto billions of dollars more and make it harder to pay fully franked dividends to Australian shareholders, says Goldman Sachs.
A US special envoy is scheduled to arrive in the Democratic Republic of Congo for talks crucial to Australian minerals company AVZ’s hope of regaining control of a lithium project.
Original URL: https://www.theaustralian.com.au/author/brad-thompson/page/9