The miner has entered into a services agreement with Navajo Transitional Energy Company for the lithium project.

Activity on the CME's aluminum contract has shifted up several gears in recent months.

Western governments could mimic Indonesia by granting tax holidays to critical minerals operations.

“We expect gold prices to trade higher this year as safe-haven demand continues to be supportive amid geopolitical uncertainty," one analyst says.

The company is expecting first production from its fully permitted Florence copper project in Arizona in the fourth quarter of 2025.

If confirmed, this would be the first ever US investment in an Australian rare earths project.

The duties range from 1.45% to 169.66%, varying by country.

Spot gold rose another 1% to a fresh high of $2,149.25 an ounce, surpassing Tuesday's intraday high of $2,141.60 an ounce.