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Critical minerals

Today

Lithium mining in Western Australia. New US levies on Chinese exports could provide long-term support for Australian producers.

New US tariffs on China could help Australian critical minerals

It’s not just the federal budget that could boost Australia’s critical minerals exports, but also a new round of US tariffs on Chinese imports.

  • 1 hr ago
  • Matthew Cranston

Yesterday

Budget winners: from left, Andrew Forrest, Gina Rinehart, Chris Ellison and Mike Henry.

Miners hail tax credits but Coalition to block ‘billions for billionaires’

Australia’s critical minerals’ industry has hailed $13.7 billion in budget tax credits at the same time as the Coalition has vowed to block the policy claiming it will deliver “billions to billionaires”.

  • Brad Thompson
A worker processes nickel at a smelter near Sorowako on Sulawesi island in Indonesia.

Stellantis, Vale in nickel talks in Indonesian coup

The smelter deal would bring a rare Western investor to Indonesia, the world’s biggest producer of a commodity critical to making electric cars.

  • Updated
  • A. Anantha Lakshmi and Harry Dempsey

This Month

Douglas Hsu.

Meet Taiwan’s ‘matchmaker’ for Australian business

As Taiwan prepares to welcome a new president and bolster economic ties with Australia, the self-ruled island’s envoy issues a warning over Chinese coercion.

  • Andrew Tillett
The sun sets on hopes for BHP’s Nickel West Kalgoorlie smelter.

Albanese’s troubled critical minerals dream

The Albanese government has high hopes for much more downstream processing of critical minerals. But the numbers aren’t adding up. What can change that?

  • Jennifer Hewett
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April

Wyloo boss  Luca Giacovazzi  and Ardea Resources boss Andrew penkethman at a nickel crisis meeting in January.

Japan Inc backing for nickel mine puts BHP bailout in doubt

Sumitomo and Mitsubishi have agreed to back Ardea Resources and its $3.1 billion nickel laterite and cobalt project, about 80 kilometres from Kalgoorlie and BHP’s ageing nickel smelter.

  • Brad Thompson
Narendra Modi on stage with Prime Minister  Anthony Albanese in Sydney in May last year.

Macquarie, ANZ and Canva CEOs help power Australia’s India push

Governments hope to prevent another false dawn in bilateral trade and investment by getting business to work on policy.

  • James Eyers
The Mount Holland lithium mine in Western Australia

Where Australia is getting it wrong on critical minerals

A new report argues that the government’s focus on domestic production and exports is failing to adequately help develop a secure network of supply chains with other countries.

  • Jennifer Hewett
Prime Minister Anthony Albanese will advance his Future Made in Australia plans today.

Albanese adds $585m to Australia-made drive

The prime minister is travelling to Queensland to announce two critical minerals projects as part of his Made in Australia push.

  • Phillip Coorey
Protestors last year in Pasadena. Native American groups are opposed to the development of a copper mine in an area known as Oak Flat.

Rio and BHP’s massive US copper mine faces religious freedom challenge

Resolution Copper would be the largest development of its kind. Native American groups opposed to it have found new financiers for legal action against it.

  • Peter Ker
Tania Constable: “We need to be looking to our competitive advantages, and make sure they are utilised with our strategic partners.”

Last thing Australia needs ‘is another car industry’, warns MCA boss

Labor should lay off “steering” business, invest in R&D and work with, rather than against, trade partners, says Minerals Council CEO Tania Constable.

  • Jacob Greber
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Fears for 150 jobs as miner calls in administrators

Korda Mentha will try to sell the Abra lead and silver mine, raising doubts over the future of ASX-listed Galena Mining.

  • Peter Ker
Tony Dragicevich, CEO of Capral Aluminium on Sydney’s outskirts in Huntingwood

Green premiums are real, says aluminium boss

Electric vehicle makers are refusing to pay a green premium for low-carbon nickel but Capral says customers are paying an extra 5 per cent for clean aluminium.

  • Peter Ker and Lap Phan
The Greenbushes lithium mine in WA.

Country’s largest lithium mine unveils bumper $6.3b profit

The result at Greenbushes, the West Australian mine owned by Albemarle, Tianqi and IGO Limited, comes despite a slide in prices for the metal in the last year.

  • Brad Thompson

March

Why EVs are such a big geopolitical deal

Policy changes in the US will have ramifications that will be felt far beyond the autoworkers of Detroit, Michigan.

  • Matthew Cranston
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Lithium prices have rebounded in recent months but remain around 80 per cent below their cyclical peak.

‘Sell the rally’: Citi turns bearish on lithium

Citi has joined Goldman Sachs in calling for a correction in lithium prices, suggesting that it’s time for traders to take profits following the recent rally.

  • Alex Gluyas

Mining rock stars Beament and Finlayson face their reinvention tests

The divergent paths taken by Bill Beament and Raleigh Finlayson over the past two years sum up Australian mining’s green transition. Who’s on the right track?

  • Peter Ker

US pledges $1.28b for ASX rare earths stocks

Washington’s desire to break China’s stranglehold on the global rare earths industry has prompted it to pledge funding to two ASX rare earths aspirants.

  • Peter Ker
BHP’s Nickel West operation in WA.

BHP cuts contractors at Kalgoorlie nickel smelter

The miner has stood down contractors on the Kalgoorlie nickel smelter and withdrawn plans to house 1000 workers in the regional city as staff wait to hear whether the 51-year-old asset will be mothballed.

  • Peter Ker and Brad Thompson
BHP’s nickel operations include several plants including one in Kwinana, near Perth. The company is considering shuttering the division, although it may continue to develop its West Musgrave project.

BHP stands down contractors at West Musgrave nickel and copper project

But the mining major says that does not mean it has decided to mothball the $1.7 billion development it acquired with the purchase of OZ Minerals last year.

  • Peter Ker