Coal vessels await clearance to leave as Indonesia mulls ease of export ban

Australia is joining the growing number of nations looking to compete in space. Its advantage? Half the country already looks like Mars.

The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14% lower than a price agreed for the year through September this year.

Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.

Comments foreshadow an intense takeover battle for the only proven producer of rare earth elements outside China.

The company has intersected 175 metres of 0.28 g/t gold at its Blue Lake porphyry prospect in Papua New Guinea.

Wesfarmers made a buyout offer of A$2.25 per Lynas share.

The Diamond Natural Device is reportedly the first tech system capable of identifying the yellowish gems together with the colourless to near-colourless range of diamonds.

The offer represents a premium of nearly 45% on Lynas' closing price on Monday, but comes come with some significant conditions, including the rare dearth miner securing all necessary licences in Malaysia.

Australian imports were at 1.16 million tonnes last month, compared to 1.47 million tonnes in February 2018.