Author: Chloe Coutinho

Rio says it came to this view through the lens set out at its Capital Markets Day in December 2025 — prioritising long-term value and delivering leading shareholder returns.

Rio Tinto rules out Glencore merger

Rio Tinto (ASX: RIO) has confirmed it is no longer considering a possible merger or other business combination with Glencore.

The class action is being funded by Aristata Impact Litigation Fund. Senior representatives of Aristata have travelled to the Cadia region to meet with impacted locals and hear their stories.

Newmont hit with class action over ‘toxic trifecta’ claims at Cadia

Landowners in NSW have filed an environmental class action against Cadia Holdings, a subsidiary of Newmont, alleging they have been exposed to pollution from the Cadia mine.

Project Vault will be an independently governed public?private partnership that will store essential raw materials in facilities across the US.

Trump launches $17b critical minerals stockpile amid China risk

The US has unveiled a $17.2b (US$12b) strategic critical minerals stockpile, aiming to reduce industry reliance on China and protect manufacturers from supply disruptions.

PLS reported two recordable injuries at Pilgangoora during Q2.

PLS weighs Ngungaju restart as revenue jumps 49%

PLS (ASX: PLS) has flagged a potential restart of its 200ktpa Ngungaju processing plant as recovering spodumene prices helped net a Q2 revenue of $373m.

Revenue was up 91% quarter-on-quarter to $130m from six parcels sold totalling 112,122dmt.

Liontown goes fully underground as lithium prices rally

Liontown (ASX: LTR) has completed mining at the Kathleen’s Corner open pit, positioning Kathleen Valley as a fully underground mining operation.

(Image source: Iluka Resources) Iluka shares were down about 14% following the announcement.

Mineral sands downturn forces $565m Iluka adjustment

Critical minerals producer Iluka Resources (ASX: ILU) has flagged a $565m pre-tax hit tied to its mineral sands business as weak demand continues to weigh on prices.

Kwinana lithium hydroxide production declined to 2120kt in Q2.

IGO: ‘No pathway’ for Kwinana even as lithium rebounds

A recovery in lithium prices has strengthened IGO’s (ASX: IGO) Greenbushes operation, but the miner says Kwinana remains a high-cost asset with “no pathway” to appropriate returns.

Alta Copper is currently the 100% owner of the Cañariaco copper project.

Fortescue targets copper

Alta Copper shareholders have approved Fortescue’s (ASX: FMG) proposed acquisition of its portfolio of exploration assets, including the Cañariaco copper project in northern Peru.

FY26 exploration expenditure remains unchanged at $225m.

Northern Star slashes guidance as sales take a hit

Northern Star (ASX: NST) has revised FY26 production and cost guidance following lower gold sales across its three production centres in the December quarter.

Greatland remains on track to complete the largest annual drilling program in Telfer’s operating history, with about 240,000m total drilling planned in FY26.

Wyloo snaps up remaining Greatland stake

Wyloo will acquire Newmont’s (ASX: NEM) remaining interest in Greatland (ASX: GGP), lifting its holding to 18.13% as gold prices push past $7200 amid geopolitical tensions.

In October, Prime Minister Anthony Albanese and US President Donald signed a landmark bilateral framework agreement to secure critical minerals and rare earths mining and processing outside of China.

US-based critical minerals company to acquire Australian Strategic Materials

Energy Fuels is set to acquire Australian Strategic Materials (ASX: ASM) for about $447m.