The administration will invest in mining and battery projects to expand domestic production, strengthen military supply chains and reduce reliance on foreign critical minerals.
MINING
Andrew Forrest Takes 16.8% Stake in EQ Resources
The billionaire's $190 million investment sent shares in the Queensland-based tungsten miner sharply higher as investors welcomed the strategic backing.
Popular Reads
Category . Author
Story
Develop Global Awards $70M Contract to Fast-Track Pioneer Dome Lithium Mine
Bill Beament-backed Develop Global has awarded a $70 million mining services contract to MLG Oz to bring its Pioneer Dome lithium project into production this year, as the company moves to capitalize on strong lithium prices and accelerate development of the Western Australian asset.
Forrestania Buys Edna May Gold Hub for $300 Million
Ramelius Resources has agreed to sell its Edna May Gold Hub in Western Australia to Forrestania Resources for $300 million, comprising $200 million in cash and $100 million in shares.
Atlas Arteria pushes ahead with asset review as IFM’s stake nears 40%
Atlas Arteria has opened discussions over a potential sale of its German toll road asset while continuing to reject IFM Investors' A$7.4 billion takeover proposal. The move comes as IFM's interest approaches 40%, with the company maintaining its distribution target and ongoing portfolio review.
Dino Otranto: Architecting the Future of Mining
In an industry built on extracting resources from the earth, Dino Otranto is now engaged in a different kind of excavation altogether. As Chief Executive Officer of Fortescue's Metals and Operations division, Otranto leads one of the world's largest iron…
More mining News
01
Andrew Job: Transforming the Mining Industry with AI and Sustainability
When we think of technological innovation, fields like finance, medicine, or consumer tech often come to mind. Mining, however, isn’t traditionally an industry associated with digital breakthroughs. Yet, it remains one of the most critical sectors in a world racing…
02
Gina Rinehart: A Controversial Titan of Industry
Gina Rinehart, the Executive Chairman of Hancock Prospecting Group, is a figure synonymous with both immense success and intense controversy in the world of business and mining. Her journey from taking over a company on the brink of financial ruin…