• The Albanese gov’t will follow the lead of the Trump administration and create a floor price for rare earths – and potentially other critical minerals – as a counter to China’s dominance of the sector (Australian)

• The chief of Boss has shied away from media scrutiny while his incoming counterpart Paladin braved a press pack following a bruising month for both uranium majors (West)

• Evolution’s chief said it was nonsensical for the gov’t to pursue lofty renewables targets without saving QLD’s copper downstream industry (Australian)

• Citi revised its forecast for gold, predicting bullion will rally to a record high in the near term due to a worsening US economy & tariffs (Bloomberg)

• Sibanye-Stillwater has asked the U.S. to consider imposing a tariff on Russian palladium imports to support the long-term viability of U.S. supplies (West)

• Russian metals producer Nornickel said its net profit for the first half rose 2% to US$842m, helped by a reduction in accumulated inventories (Reuters)

• Alcoa will investigate the production of gallium as a byproduct from existing aluminium operations in WA (Mining.com)

• Fortescue workers have missed vital safety warnings after confusing Indian support calls with phone scams (Australian)

• Distressed debt giant Oaktree has walked away from negotiations to fund British-Indian industrialist Sanjeev Gupta’s Tahmoor coal mine (AFR)

• South Australia’s Whyalla Steelworks gets potential bid interest from consortium led by Bluescope (Bloomberg)

• Hot Chilli announced $14m share issue raise at $0.60 to support Maiden La Verde resource (HCH)

• Lindian is in a trading halt pending release of a “material, binding project funding and offtake agreement” for the Kangankunde rare earths project (LIN)

• Ballymore has raised $4.5m via a placement (BMR)

• Lindian’s rare earth offtake announcement… We reckon it’s obviously Iluka that is the counterparty to feed Eneabba. And the timing is supreme - last night the Aussie Resources minister flagged a rare earths floor price…

• Green dreams kill Australia's mineral processing industry (Dryblower)

• Twiggy Forrest erases green hydrogen projects from website (AFR’s Rear Window)

• Wyloo chief executive Luca Giacovazzi is targeting multibillion-dollar opportunities as an investor and mine manager (BN)

• Mine windfall takes Larvotto from ‘cretinous idiot’ to toast of town (AFR)

• NYSE’s Martin says IPO market open for ‘pretty much all sectors’ (Bloomberg)

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