• German manufacturers are increasingly struggling with supply bottlenecks for rare earths, calling on the EU to put more pressure on China (Reuters)

• The Shire of Coolgardie’s plan to double mining rates has been officially shot down in a warning to cash-strapped regional councils (West)

• Victoria has used more than 13% of its expected gas for energy generation for the entire year in just three days as breakdowns at a coal power plant and feeble renewable generation force it to rely on the fossil fuel (AFR) Staggering…

• Tanzania plans to make it compulsory for large-scale miners to refine and trade at least 20% of their gold output domestically (Bloomberg) Should gold’s outperformance vs fiat continue, we struggle to see this trend fading

• NSW Premier Chris Minns confirmed that his gov’t is in discussions with Tomago Aluminium over a potential rescue deal, amid mounting pressure (Australian) Is anyone surprised?

• Adriatic is in trading halt regarding a deal-related update (ADT)

• Metals X shared an update on its Greentech offer, noting that regulatory pre-conditions had been satisfied (MLX)

• An 8% jump in New World Resources’ share price has investors looking at a potential interlopers (AFR)

• Bunge is close to receiving a decision from Chinese antitrust authorities on its US$8.2B purchase of Glencore-backed Viterra (Bloomberg) Closing could net GLEN its needed US$1B

• Brookfield has sold its 23% stake in Dalrymple Bay Infra., worth $428m, which’ll see the business gain ASX200 index inclusion with greater liquidity (Australian)

• Teck and Sumitomo are locked in a commercial dispute over a major copper supply deal, exposing cracks in a decades-old pricing system (Bloomberg) Ultimately, another point of contention with Chinese strategy at its centre

• Juno Minerals has agreed to sell the Mount Mason hematite project for $6m plus a 2% royalty to Gold Valley (JNO) plus current director of Juno Minerals, Yilun Chen is seeking to remove current directors Greg Durack and Patrick Murphy from the board via section 249CA!

• Perpetua Resources secured US$425m in equity funding, with Paulson & Co taking US$100m (Mining.com) Stock down 20% on announcement

• Ioneer confirmed its US$16m placement, targeted to see it to FID (INR)

• Thesis Gold upsized its bought deal financing to C$24m (TAU.TO)

• Awalé announced the closing of Fortuna’s strategic investment, which bought a 15% stake for US$6m (ARIC.TO)

• African Gold completed the $9m strategic investment by Montage (A1G)

• Terra Metals announced a $4m strategic investment from GEAR and Matt Latimore (TM1)

• We reckon it’s worth thinking about the synergies amongst Deflector-Ricciardo-Golden Grove

• Ricciardo needs a flotation circuit, good thing the two closest operating plants each have that

• And while there’s more work to be done on the concentrate saleability, we think at least one of the neighbours is keeping a close eye on the deposit

• Billionaire bust-up spells trouble for decades-old mining empire (AFR) A relationship as fascinating and fruitful as Hancock & Wright

• Why Rare Earths are China’s Trump card in trade war with US (Bloomberg)

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