Australia Top Stories

Australia considers tax credit for minerals processing, says industry group

The government is considering a 10% production tax credit that would apply to companies developing processing facilities for critical minerals.

Reuters | February 28, 2024 | 9:58 am

Legacy uses AI to discover platinum in Australia

Proponents predict AI will be indispensable to help the industry…

Colin McClelland | February 26, 2024 | 8:14 am

Nickel faces existential moment with half of mines unprofitable

Nickel price fell 45% last year, and is currently hovering…

Bloomberg News | February 26, 2024 | 7:01 am

Fortescue’s Forrest urges LME to separate ‘clean’ nickel contracts

Nickel is typically produced to higher environmental standards in Australia…

Reuters | February 26, 2024 | 6:42 am

Alcoa bids $2.2 billion for Australian partner to control assets

Alumina owns about 40% of of Alcoa World Alumina &…

Bloomberg News | February 25, 2024 | 3:06 pm

Australia exports first copper to China since 2020, industry hopes end to ban near

Official trade data shows exports worth A$60.5 million ($41.04 million) of copper ore and concentrate to China in January.

Reuters | May 10, 2023 | 5:00 am

Allkem, Livent merge to create world’s third largest lithium miner

The all-share business combination creates a giant lithium firm with forecasted production capacity of 248,000 tonnes of LCE a year.

Cecilia Jamasmie | May 10, 2023 | 3:47 am

Australia’s ioneer signs deal with US firm for lithium supply

It has signed a commercial offtake agreement with Dragonfly Energy Holdings.

Reuters | May 9, 2023 | 6:15 pm

Lithium markets have hit a turning point – Morgan Stanley

Market is expected to remain in a deficit in 2023 but conditions will not be as tight as previous years, according to the investment bank.

Staff Writer | May 8, 2023 | 9:34 am

Malaysia gives Lynas extension to keep rare earths unit open

Lynas has an additional six months to get its rare earth plant in line with environmental requirements.

Bloomberg News | May 7, 2023 | 10:50 am

New Zealand to review risk and benefits of seabed mining

Seabed mining is allowed in New Zealand but it has to be approved by the Environmental Protection Agency.

Reuters | May 5, 2023 | 7:21 am

St Barbara backs Genesis’ offer for Leonara assets over Silver Lake bid

St Barbara will back a A$600 million offer for its Leonara assets from Genesis Minerals despite a higher proposal from Silver Lake Resources.

Reuters | May 4, 2023 | 8:50 am

Nevada regains position as most attractive mining jurisdiction

The Fraser Institute's Annual Survey of Mining Companies places Western Australia second, and the Canadian province of Saskatchewan third.

Staff Writer | May 4, 2023 | 6:33 am

Rio Tinto wants lithium assets, but not at current prices

Speaking after Rio’s annual general meeting, CEO Jakob Stausholm said he didn’t want to pay a high premium for lithium assets.

Cecilia Jamasmie | May 4, 2023 | 4:43 am

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