Economics & Commodity PricesInternationalNews Rinehart drops lithium stakes for rare earths Gina Rinehart has become the majority shareholder in the US’s only rare earths producer, MP Materials, while majorly decreasing her US-listed lithium holdings.
Economics & Commodity PricesInternationalNews Softening Chinese demand shifts iron ore paradigm Diversification will keep major iron ore mining houses profitable, but waning Chinese demand is likely to push smaller producers out of the market, a new S&P Global report finds.
Economics & Commodity PricesNewsProjects & Operations MinRes sheds its stake in lithium business Mineral Resources (ASX: MIN) will sell a 30% stake in its operational lithium business to POSCO Holdings for $1.2b (US$765m).
Economics & Commodity PricesNewsPolitics & Regulation Rare earth reprieve: China curbs export controls US President Donald Trump and Chinese President Xi Jinping have reached a trade and economic deal to suspend additional export controls on rare-earth metals, according to the White House.
Economics & Commodity PricesNewsPolitics & Regulation $2m grant for vanadium electrolyte demonstration plant Critical Minerals Group (CMG) (ASX: CMG) has received a $2m grant from the Queensland Government under the Queensland Critical Minerals and Battery Technology Fund.The grant will partially fund the development of a vanadium electrolyte manufacturing demonstration plant consisting of a single 12-cell electrolyser unit that has the capacity to produce one million litres of vanadium electrolyte per year.
Economics & Commodity PricesFeaturesPolitics & Regulation $1 billion mine to boost industry RESOURCE industry employer group Australian Mines and Metals Association (AMMA) has called the NSW Government’s approval of a new $1 billion rare earth and metals mine in Dubbo “fantastic news” for the regional, state and national economies.