• “Nervous nellies” in Australia are fretting about MIN’s debt, but Ellison reckons US bond investors would prefer to talk fishing (AFR)

• In the face of the lithium slump, Greenbushes output could jump by ~10% (AFR)

• South32 boss Graham Kerr reckons the conditions the EPA wants to impose on the WA alumina industry are alarming (BN)

• Aussie Greens leader Adam Bandt announced a 40% tax on “excessive” profits of big companies to fund cost of living support (MiningNews)

• South32’s boss Graham Kerr warned WA carbon emissions limits were ‘way above’ reasonable (AFR)

• Wesfarmers’ retail business carried the team while its lithium division struggled (BN)

• Lynas said Chinese demand for its materials is picking up, with prices showing signs of recovery (Bloomberg)

• MinRes is charging head first into the critical minerals rout & softening iron ore market with $5b of debt and China looking wobbly (AFR’s Chanticleer)

• Zambia plans to establish an investment company that will control at least 30% of critical minerals production from future mines (Bloomberg)

• A WA salt lake potash project has been tangled in a legal dispute over loan payment arrangements (BN)

• ‘Your crystal ball is as good as mine’: IGO chief Ivan Vella (West)

• Base metals snapped their rallies amid a strong dollar, lingering demand worries & uncertainty about the Fed’s easing path (Bloomberg)

• Resources minister Madeleine King said a union push into the

  Pilbara was an opportunity for collaboration, but warned against hysteria (BN)

• Why the Pilbara is not going to explode in a wave of strikes (AFR op-ed)

• Mineral Resources will not pay a final dividend for the first time in more than a decade as it looks to preserve cash (AFR)

• Impala posted a fiscal-year loss after a slump in metal prices prompted the South African miner to write down asset values (Bloomberg)

• Ganfeng will delay capex as losses hit the bottom line (Bloomberg)

• Chinese media are calling 10% rise in iron ore in 10 days “irrational” (Bloomberg)

• Ghana will build a small-scale nuclear reactor (Reuters)

• FIRB has asked for another month extension to review Miracle Iron’s acquisition of CZR Resources’ Robe Mesa iron ore project (CZR)

• The biggest aluminium producer in the Middle East, Emirates Aluminium, wants more acquisitions to boost growth (Bloomberg)

• Dataroom is strumming up Gold Fields as a suitor for Magnetic Resources saying Genesis is not doing M&A at this time (Australian) you can check out our dive into Magnetic on the poddie here

• Zambia plans to establish a state firm to own 30% of critical minerals production from future mines (Bloomberg)

• Fortescue made a 39.8% strategic investment in green hydrogen hopeful HyTerra (HYT)

• Leonoil up to 25% of Sierra Rutile as part of its takeover (SRX)

• Deterra announced the court sanction of the scheme of arrangement to acquire Trident (DRR)

• Santana is seeking approval for a share split, on the 1 for 3 basis, to improve liquidity & “affordability” (SMI)

• Tigers Realm advised that the one remaining condition in the US$49m sale of its Russian assets should be satisfied in the near future (TIG)

• Meeka Metals is in a trading halt, raising $23m via a two tranche placement (MEK) following 50% share price rise of the gold developer over the last month

• Cyprium have entered into a binding term sheet for offtake financing with Glencore for $40m, plus a commitment from CYM to raise $20m before year end (CYM)

• ERA launched its previously flagged $880m renounceable entitlement offer, Rio committed to subscribe for their pro-rata $760m (ERA)

• Talga upsized their prospectus offer to $9m (previously $5m) (TLG)

• As usual, these are unverified rumours and you should always take them with a grain of salt

• Is Creasy’s intention with Calidus to wrap the project with his stake and Andover, some of his other tenure, and IPO the vehicle?

• It wouldn’t make much sense to us… But heck, he’s made a lot more money than us so if true, let’s see.

• No other investor has a life story quite as unbelievable as Li Lu (FT) It has been an astounding journey for the great investor

• Berkshire Hathaway became the first US company outside the tech sector to surpass $US1T in market value (AFR)

• Understanding Buybacks: Corporate America's Worst Sin or a Slightly Better Structure for a Dividend? (Capital Gains)

• High interest rates, not the passage of time, have restored price stability (Economist)

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