Critical minerals
Anglo American has rejected BHP's initial approach, but this saga is far from over. The target's board is not the only roadblock to a deal, with ESG concerns another key factor.
Australian nickel miners are adjusting to a "new normal" of an oversupplied global market where they lose out to cheaper Indonesian producers. They are flexing their ESG muscles to command a green premium, but buyers are reluctant to pay up.
Weaker than expected European EV demand and a global oversupply of lithium has made Australian producers and their investors nervous. There are some, however, who predict prices have bottomed.
BHP's multibillion dollar writedown of its nickel assets and the Indonesian election result could ramp up pressure on the government to lift for support the sector.
The who’s who of Australian mining converged late last week in Perth to make their case for urgent government support. On the industry's wish lists: infrastructure hubs and tax credits.
Mining industry insiders believe Gina Rinehart and Mineral Resources' Chris Ellison are both well positioned to pounce on distressed assets in the critical minerals sector on the ASX.
Miners say the Australian government wants to become a "circuit breaker" by replicating China's rare earths industry.
Australian lithium miners are defying economic convention and looking to process their ore onshore. And it all stems from the US Inflation Reduction Act.
An obscure micro-cap miner just landed one of the biggest names in finance, as the former RBA deputy governor joined the Fortescue exodus.