• Lithium futures in China climbed to a ~3 month high after a production halt at a major lithium producer, Zangge (Zijin controlled), boosted sentiment (Reuters)

• The U.S. imposed preliminary anti-dumping duties of 93.5% on Chinese imports of graphite, after concluding the materials had been unfairly subsidised (Bloomberg) Nouveau up 27%, Novonix up 17%

• Record gold prices have tempted some Australian miners to boost production, bucking the industry’s long-term trend to cut output during boom times (AFR)

• Resource companies will push for a profitability-based test as a means to resolve land use conflicts with the developers of renewables projects as part of measures aimed at boosting Australia’s productivity (Australian)

• An Indigenous elder and prospectors in the Goldfields are vexed by an Aboriginal corporation’s “completely unreasonable” negotiation costs, which the group have defended as “standard” (West)

• Iron ore climbed to a 2-month high, with traders encouraged by China’s pledge to reduce excess competition and outdated capacity (Bloomberg)

• “The maths doesn’t work”: Alcoa on why they’re diverting more tonnes from Canada away from the U.S. after Trump’s tariffs (Australian)

• Glencore has been ordered to pay $3m to the Port of Newcastle after losing a court battle over coal export fees (AFR)

• Botswana, which owns 15% of De Beers, is angered by Anglo’s sale process, saying it wasn’t properly consulted (Bloomberg)

• Coronado is understood to have received multiple takeover offers, but sources say the group will not allow them to inspect the books (Australian)

• Rack Attack in Arizona:

  • New World’s board recommended CAML’s 6.5c offer as superior to Kinterra’s (NWC)

  • Kinterra promptly offered 6.6c or if it gets a 30% relevant interest in NWC shares by 24 July, 6.7c. CAML has 5 days to match (NWC)

• Brightstar and Aurumin are in trading halts pending a potential change of control transaction (and capital raising in the case of BTR) Obviously merger discussions have finalised

• Brazil Potash, aiming to build the largest fertiliser mine in the Amazon, agreed to have PE group Fictor Energia inject US$200m (NM)

• Highfield has extended the exclusivity period afforded to Qinghai for its proposed US$300m equity subscription until at least Sept 15 (HFR)

• Andean Silver raised $30m, leaving it with $42m (ASL)

• NioCorp Developments is raising US$45m to advance its niobium, scandium, and titanium Elk Creek project in Nebraska (NB)

• Amex Exploration is raising C$30m in a private placement led by Eldorado Gold who is subscribing for C$18m of stock and will emerge with a 17% stake (AMX.V)

• Northisle Copper and Gold launched a C$30m financing (NCX.V)

• High salaries on offer in FIFO work are “no longer enough” (West)

• Profit talks louder than scandals for White and Ellison (AFR)

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