Yesterday
CEFC hands $116m for private equity-backed mining decarbonisation
Resource Capital Funds will use the money to invest in new Australian projects that focus on minerals used in the energy transition such as lithium and copper.
- Alex Gluyas
This Month
- Analysis
- Iluka Resources
Taxpayers have just made a $1.65b bet on a rare earths green premium
It’s the recipient of the second-biggest government loan in history. For the Eneabba project to succeed, everything about how minerals are priced must change.
- Peter Ker
- Updated
- Iluka Resources
Iluka lands $400m taxpayer loan to get rare earth refinery on track
But investors are worried that the cost of the Eneabba project in Western Australia will make it hard for the company to make a return once it is operational.
- Updated
- Peter Ker and Tom Rabe
Australian rare earth miners warned on US-China trade war
Australian critical minerals companies reliant on China for processing or production could face more headwinds as the Beijing-Washington trade war heats up.
- Matthew Cranston
November
This ASX-listed company could win big from Trump’s tariffs
Chris Burns, who helms Tennessee-based Novonix, says higher imposts on critical minerals processed in China would make his products more attractive to US buyers.
- Matthew Cranston
Forrest hands Hastings a reprieve after chairman capitulates on debt
The billionaire’s private Wyloo Metals business has agreed to withdraw a default notice that would have pushed the rare earths explorer into insolvency.
- Peter Ker
Forrest’s Wyloo declares solvency concerns over Hastings rare earths
Andrew Forrest’s Wyloo Metals has challenged directors of rare earths aspirant Hastings to explain how their debt-laden company remains solvent.
- Peter Ker
Cash-strapped Hastings yet to draw on taxpayer-funded loan
It’s almost 33 months since the rare earths aspirant was announced as the recipient of millions in taxpayers funds. But the money has never been accessed.
- Peter Ker
Forrest debt feud threatens future of rare earths hopeful Hastings
The West Australian developer took a loan from its chairman, angering its biggest financier, the billionaire businessman’s private mining vehicle.
- Peter Ker
Titanium play IperionX grabs fundie attention
The critical minerals darling has popped up in the portfolios of small-cap managers Regal, Pengana and Terra Capital.
- Sarah Thompson, Kanika Sood and Emma Rapaport
South32 partner soars 108pc on Trump win
Investors have bet the explorer’s chances of building a critical minerals project in Alaska have been boosted after the Republican nominee secured the presidency.
- Peter Ker
Rio Tinto wants tax credits for aluminium smelters
The mining giant has urged the Albanese government to use taxpayers’ funds to help local aluminium smelters pivot to clean energy.
- Peter Ker
October
Net zero push at risk without Australian critical minerals: King
Resources Minister Madeleine King says mining has improved its reputation but must keep working at it to counter efforts by the Greens and others to tear it down.
- Phillip Coorey
NSW enters critical minerals race with $250m scheme
The NSW government is boosting critical mineral explorers with up to $250 million in deferred royalty payments as part of its new strategy.
- Elouise Fowler
Rio Tinto’s Serbian lithium pain might be Argentina’s gain
After two decades of work to build a lithium and borates mine in Serbia, Rio Tinto has taken its billions elsewhere. Is this the end of Europe’s lithium dream?
- Peter Ker
- Exclusive
- Renewables
Korean takeover battle could be an electoral headache for Labor
The government is closely watching the fight for Korea Zinc because of the company’s extensive renewables and hydrogen assets in Australia.
- Ronald Mizen
September
‘NATO of critical minerals’ deal to hit China dominance
Local mining and processing projects could be funded by more than a dozen like-minded nations as part of a new joint financing body agreed to by 14 countries.
- Phillip Coorey
South32 to reap $243m from Biden’s battery spending spree
South32 has joined mining minnow Element 25 as a major beneficiary of the Biden administration’s efforts to create a supply chain independent of China.
- Brad Thompson
Biden hands $243m to WA mining minnow Element 25
The US had agreed to fund the lion’s share of a $440 million manganese refinery for Element 25 on the eve of talks between Joe Biden and Anthony Albanese.
- Brad Thompson
Biden backs Australian critical minerals miner Ioneer in Nevada
Approving the new project will significantly increase domestic lithium supply amid a push toward greater self-reliance in the critical minerals supply chain.
- Matthew Cranston
