Australia Top Stories

SQM seeks lithium partner to finance international expansion

The Santiago-based firm is offering a minority stake in its recently formed international lithium division.

Bloomberg News | September 27, 2024 | 7:40 am

Mining industry struggles with valuation gap amid shift to copper

Big diversified miners are watching rival copper producers gradually grow…

Reuters | September 27, 2024 | 7:28 am

Fortescue, Liebherr secure orders for 100 electric mining trucks

The two companies signed a $2.8 billion partnership to supply…

Reuters | September 27, 2024 | 6:51 am

Anglo expects binding offers for Australian coal assets by mid-November

Anglo's mines for the steel-making ingredient include Grosvenor and Moranbah…

Reuters | September 26, 2024 | 8:20 am

Rio Tinto aims to produce copper from Resolution mine by end of decade

Resolution mine would supply more than a quarter of US…

Bloomberg News | September 26, 2024 | 7:01 am

Summit Minerals grows Brazil niobium project with strategic buy

Newly acquired tenement sits directly east and north of its Equador niobium and tantalum project in Brazil.

Staff Writer | September 24, 2024 | 5:52 am

US backs Australian lithium, rare earths projects for up to $786 million

Anson Resources and American Rare Earths received interest from the Export-Import Bank of the United States.

Reuters | September 23, 2024 | 4:26 pm

Uranium Energy to buy Rio Tinto’s Wyoming assets for $175m

Deal includes the fully-licensed Sweetwater plant and would allow Uranium Energy to add 175 million pounds of historic resources.

Cecilia Jamasmie | September 23, 2024 | 5:00 am

Rio Tinto chairman warns mining deals won’t solve supply crisis

Rio has been quiet in the dealmaking space, instead allocating hundreds of millions into exploration with a focus on copper and lithium.

Bloomberg News | September 22, 2024 | 5:52 pm

US to award $3 billion to 25 projects for battery manufacturing sector

Move will increase domestic production of advanced batteries and battery materials to shift their production away from China.

Reuters | September 20, 2024 | 5:07 am

Rinehart’s Hancock Prospecting secures permit for McPhee iron ore mine

The McPhee Creek project, about 100km north of Rinehart's Roy Hill mine, was originally slated to begin ore production in 2023.

Staff Writer | September 20, 2024 | 4:04 am

A copper M&A frenzy masks big miners’ hesitation to build

Copper’s bull narrative is well understood, but building from zero is both worryingly risky and unappealingly pricey.

Bloomberg News | September 19, 2024 | 4:12 pm

CHART: Global mining and metals – a quick reality check

Demand for energy transition metals has injected optimism into mining, but it represents only a sliver of the $4 trillion global industry.

Frik Els | September 19, 2024 | 1:15 pm

Andean Silver raises $17 million to speed up Cerro Bayo exploration

Resource estimate for the Chilean project was recently boosted by 66 million ounces of silver equivalent to 91 Moz AgEq.

Cecilia Jamasmie | September 19, 2024 | 3:55 am

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