Minerals stockpile faces long road to pay-off

January 13, 2026roymorgansocial Leave a comment

Original article by Tom Rabe
The Australian Financial Review – Page: 5 : 13-Jan-26

The Association of Mining & Exploration Companies’ CEO Warren Pearce says the federal government’s critical minerals strategic reserve could potentially be generating revenue for the nation by 2030. He adds that its success will depend on securing offtake agreements quickly. Resources Minister Madeleine King has conceded that it will take some time for the strategic reserve to begin producing revenue, but she believes that the need for a more diversified critical minerals supply chain will eventually result in "upside" for the nation. King adds that Australia has some key advantages over resources-rich Greenland in the development of mineral deposits.

CORPORATES
ASSOCIATION OF MINING AND EXPLORATION COMPANIES, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES

Albanese hits critical mass

October 22, 2025roymorgansocial Leave a comment

Original article by Geoff Chambers, Joe Kelly
The Australian – Page: 1 & 2 : 22-Oct-25

The $US8.5bn ($13bn) critical minerals framework agreement between Australia and the US will result in each country contributing at least US$1bn to critical minerals and rare earths projects over the next six months. They include a gallium project in Western Australia and the Nolans rare earths project in the Northern Territory. Meanwhile, US President Donald Trump says the AUKUS alliance will be a "deterrence" to Chinese aggression in the Indo-Pacific region. Trump contends that AUKUS will not be needed to defend Taiwan, because he does not think China will invade the self-governed territory. Trump has also ruled out reviewing the current tariffs on Australian imports, stating that the nation "pays among the lowest tariffs"; this includes a baseline tariff of 10 per cent and a 50 per cent levy on steel and aluminium products

CORPORATES
UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Nyrstar to get $135 million bailout for struggling smelters

August 6, 2025roymorgansocial Leave a comment

Original article by
abc.net.au – Page: Online : 6-Aug-25

Nyrstar Australia has welcomed the $135m joint federal and state rescue package for its smelters in Port Pirie and Hobart. The federal government will contribute $57.5m, while the South Australian and Tasmanian governments will provide $55m and $22.5m respectively. Nyrstar will use the taxpayer funding to undertake feasibility studies into the production of critical metals, including antimony and bismuth at the Port Pirie lead smelter and germanium and indium at the Hobart zinc smelter. A pilot plant at Port Pirie will be able to produce up to half a tonne of antimony each day.

CORPORATES
NYRSTAR AUSTRALIA PTY LTD

King to offer first details of critical minerals stockpile

May 21, 2025roymorgansocial Leave a comment

Original article by Tom Rabe, Peter Ker
The Australian Financial Review – Page: 8 : 21-May-25

The federal government has emphasised that mining companies will not be required to contribute to its proposed critical minerals stockpile. Resources Minister Madeleine King is set to disclose some details about the stockpile at a mining summit today; she will argue that Australia has an obligation to take a lead on critical minerals and rare earths globally, given that China – which dominates the sector – is seeking to impose export controls on some of these minerals. King adds that the stockpile will only hold ‘small’ and ‘temporary’ volumes of critical minerals; she has also downplayed concerns that the policy will distort prices, arguing that China’s market dominance is already doing this.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES

‘Minerals for mates’: PM digs in

April 24, 2025roymorgansocial Leave a comment

Original article by Greg Brown
The Australian – Page: 1 & 4 : 24-Apr-25

Prime Minister Anthony Albanese says the federal government’s proposed strategic reserve of critical minerals and rare earths will make Australia "stronger and safer" in a time of global uncertainty. Albanese will announce details of the proposed national stockpile today; it will aim to ensure that such minerals are available to both local manufacturers and key allies, such as Japan, South Korea and the US. The government is expected to use the strategic reserve as a bargaining chip to negotiate an exemption from the Trump administration’s tariffs regime. The strategic reserve is also aimed at reducing China’s market dominance in the global supply of rare earths and critical minerals.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

China’s rare earths move highlights need for stockpile

April 15, 2025roymorgansocial Leave a comment

Original article by Brad Thompson
The Australian Financial Review – Page: 16 : 15-Apr-25

Resources Minister Madeleine King says the federal government will reveal more details regarding its proposed strategic reserve of critical minerals prior to the election on 3 May. King adds that China’s decision to impose export controls on rare earths such as dysprosium and terbium has underlined the federal government’s decision to establish a strategic reserve. King says the export restrictions are concerning but not surprising, given that China has imposed similar bans in the past. The latest export restrictions were in response to the Trump administration’s reciprocal tariffs regime, but are not limited to the US.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, SCIENCE AND RESOURCES

PM’s green tape tangle for miners

January 8, 2025roymorgansocial Leave a comment

Original article by Noah Yim, Brad Thompson
The Australian – Page: 1 & 4 : 8-Jan-25

The Minerals Council of Australia has expressed concern about key elements of the federal government’s proposed critical minerals production tax incentive scheme. The MCA contends that the ‘community benefit principles’ requirement of the tax incentive would create uncertainty for the nation’s critical minerals industry, which is already facing strong global competition. The government estimates that the tax incentive will cost about $7bn over a decade, but create secure jobs in Australia and diversify global supply chains by processing critical minerals onshore rather than exporting the raw materials overseas.

CORPORATES
MINERALS COUNCIL OF AUSTRALIA

Minority nightmare looms for mining best friends

September 11, 2024roymorgansocial Leave a comment

Original article by Geoff Chambers, Noah Yim
The Australian – Page: 1 & 4 : 11-Sep-24

Opposition leader Peter Dutton will deliver a keynote address at the Minerals Week conference on Wednesday. He will contend that the federal government’s "ideologically-driven" policies on industrial relations, the environment and energy show that it is hostile to primary industries such as mining. Dutton will state that if Labor achieves majority government at the upcoming federal election it will "double down" on its current policy platform; he will also warn that a minority Labor government would see the Greens or the teals hold the balance of power, which would have major implications for the resources sector. Dutton will add that in contrast, a Coalition government would be the best friend that the sector will ever have.

CORPORATES
LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS

PM plays down Chinese-owned lithium plant

June 13, 2024roymorgansocial Leave a comment

Original article by Andrew Tillett
The Australian Financial Review – Page: 5 : 13-Jun-24

Chinese Premier Li Qiang will visit a lithium processing plant at Kwinana during his official trip to Australia. The plant’s major stakeholder is a China-based company, and Prime Minister Anthony Albanese has rejected suggestions that the federal government’s Future Made in Australia policy is being undermined by Chinese investment in critical minerals projects. He says Labor values foreign investment, although he adds that the nation must "move up the value chain" rather than merely exporting mineral resources.