• Lithium mine closures are just the “tip of the iceberg”, as UBS cautioned not enough supply was being deferred as EV demand softens (AFR)

• Rain a damper on Gold Road as Ramelius cranks up profit to a record (West)

• China’s CMOC, the world’s top cobalt producer, expects supply pressures to ease (Bloomberg)

• Ownership Matters identified more Chris Ellison family connections linked to Mineral Resources contracts (West)

• Jabiluka owner Energy Resources of Australia is ‘sounding’ out investors for a $210m rescue raise (West, AFR)

• ERA faces shareholder backlash as it flags $210m capital raise (AFR)

• Sulphuric acid shortage to weigh on Kazatomprom uranium production next year (MiningNews)

• Pilbara Minerals boss Dale Henderson backs CFO Luke Bortoli after EML Payments credit card saga (West)

• BHP’s full-year profit edged up 2%, in line with analyst forecasts (Bloomberg)

• BHP cuts dividend to fund growth splurge (AFR)

• The Federal Government’s Northern Australia Infrastructure Facility will lend $150m to help bankroll De Grey’s Hemi mine (West)

• Friedland reckons the copper industry faces a “Herculean task” to fill the supply gap, forecasted to grow 5-10Mtpa by 2030 (MiningNews)

• Iron ore extended its rebound as China’s stockpiles started to ease (Bloomberg)

• New Zealand to push through law to reverse ban on oil and gas exploration (Reuters)

• Lynas warns ‘unacceptable’ power outages threaten Kalgoorlie-Boulder’s status as processing hub (Kal Miner)

• Australia’s east coast energy market is facing higher global LNG prices, volatile renewables penetration, coal plant outages and extreme weather, increasing fears of gas shortages, spiking power bills and blackouts (The Australian)

• Pilbara Minerals loads up on debt despite bleak lithium outlook (AFR)

• Trudeau said Canada will slap big tariffs on Chinese-made EVs (CBC)

• Fission Uranium announced the postponement of its special meeting regarding the PDN merger, with half the votes outstanding (FCU.TSX)…Fission’s share price now below the pre-deal share price in part due to the implied merger ratio with Paladin down 25%

• Mining bosses issue M&A warning as forecasts of dealmaking boom mount (FT)

• Dataroom reported speculation is mounting that MinRes could be in talks with Japan’s Mitsui re the Perth Basin (The Australian)

• Zijin Mining said a slowing global economy, geopolitical tensions, & resource nationalism could restrict its overseas M&A ambitions (Bloomberg)

• Lion Selection’s investment clock at “mergers” phase, ticking towards “boom” (Mining.com.au)

• Middle Island sold their entire interest (~9%) in Aurumin for $1.44m to bolster their cash position (MDI) Buyer(s) of the stake TBA…

• Galan entered an offtake prepayment MoU with Chengdu Chemphys, to supply 23kt LCE as a lithium chloride product over the first 5 years. In return, it’ll receive a US$40m prepayment facility (GLN)

• Mark McGowan-chaired Frontier Energy is raising $40m (AFR)

• Andromeda completed its $3.4m placement, with a $3.1m entitlement offer opening today (ADN)

• Remember MinRes’ iron ore pre-pay that was a point of contention last month? Word on the Decline the counterparty was Trafigura. We’d love to read the terms of that agreement…

• KCGM - from unloved asset to Northern Star’s crown jewel (Mining.com)

• Tour Inside Australia's Largest Gold Mint (YouTube)

• Dryblower reckons “last drinks at the gold bar” as good times in the global economy won’t bode well for gold (MiningNews)

• The ASX’s uranium stocks are on a bull run – except this one (AFR’s Chanticleer)

• Investors' most common questions on gold, answered (Livewire video)

• Former ACCC boss Rod Sims calls for an independent review of National Electricity Market (The Australian)

• Paradice’s Sam Theodore sees riches in these uranium stocks (AFR)

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