Rinehart may block SQM $1bn takeover of Azure Minerals The Australian billionaire, who recently thwarted Albemarle’s buyout of Liontown, is said to be evaluating ways to hinder SQM's bid. Cecilia Jamasmie | October 26, 2023 | 4:15 am
Azure Minerals agrees to $1bn takeover bid from SQM SQM previously saw its $585 million offer turned down. Reuters | October 25, 2023 | 4:34 pm
US, Australia consider tapping public finance vehicles for critical mineral projects The US Export-Import Bank is being eyed as a venue for boosting investment in Australian critical minerals development. Bloomberg News | October 25, 2023 | 4:02 pm
Fortescue’s quarterly iron ore shipments fall 3% on maintenance The world's fourth-largest iron ore miner shipped 45.9 million tonnes of iron ore for the quarter ended Sept. 30. Reuters | October 25, 2023 | 3:54 pm
Teck shares are back where they started before Glencore offer Despite Tuesday’s sharp drop, Teck has still outperformed most of its rivals this year. Bloomberg News | October 25, 2023 | 3:37 pm
Allkem’s first-quarter revenue jumps on strong output Lithium carbonate production at the company's Olaroz lithium project came in at 4,453 tonnes, 35% higher than the previous year. Reuters | October 25, 2023 | 3:03 pm
Trafigura denies knowing that nickel deals with Gupta were fake One of the world’s largest commodity traders revealed it had lost more than half a billion dollars after buying cargoes of nickel from Gupta’s companies, only to discover that they contained much lower value materials. Bloomberg News | October 25, 2023 | 2:37 pm
World Bank grants South Africa $1 billion loan for energy reform The funding will help facilitate “restructuring of the power sector” through the unbundling of state-owned utility Eskom. Bloomberg News | October 25, 2023 | 1:07 pm
Joc O’Rourke joins Rio Tinto board O’Rourke will stand for election at the annual general meetings of the company in 2024. Staff Writer | October 25, 2023 | 12:46 pm