• AustralianSuper has reinvested in Whitehaven Coal, a move the superannuation giant insists is consistent with its commitment to net zero (AFR) Capital chases returns, hey?

• Rio Tinto invested US$1.2B to modernise its Isle-Maligne hydroelectric power plant in Quebec (MNN)

• ‘No bulls**t type of guy’: Sydney stock picker Angus Aitken backs new MinRes chair Malcolm Bundey (West)

• The EPA will assess Talison Lithium’s proposed Greenbushes expansion plan, which it’ll finalise and make public by mid-2026 (BN)

• Namibia expects foreign direct investment to rebound this year after a 25% decline in 2024, as idled uranium operations restart and global companies ramp up oil exploration and green hydrogen projects (Bloomberg) Testing the waters with an energy-related royalty increase in 2023 have any impact on the dip?

• Bearish funds have fled the turbulent copper market, with some turning to aluminium as a means of expressing a negative view (Reuters)

• Russia’s Tuva region said it has agreed with Zijin to keep the Kyzyl-Tashtyg zinc mine working after sanctions prompted the Chinese miner to weigh suspending operations (Bloomberg)

• Rio Tinto will invest US$900m into Chilean lithium project Salar de Maricunga, which is controlled by Codelco, taking 49.9% ownership. It’ll invest US$350m when the deal closes, while $500m will be committed upon FID (RIO, Bloomberg)

• Aurumin & Newcam agreed a $4m earn-in and JV over the Johnson Range and Mt Dimer gold projects, and a $1m cash sale of the non-gold mineral rights across AUN’s Sandstone tenure (AUN)

• Agrimin advised Tali Resources is undertaking a corporate restructure, separating its West Arunta ELs and its ~12% WA1 shareholding into two separate companies. The former co’ seeking to be listed and IPO on ASX in mid-2025 (AMN) AMN retains a 40% interest in both entities

• Kingston has entered into a binding agreement to sell Misima gold to Ok Tedi for total consideration of $95m, with $50m payable upon completion (KSN)

• Takeover could mean it's time to say 'hooroo' to Xanadu, with the clock ticking for Zijin (MNN)

• Endeavour Mining announced a US$500m bond offering for notes with 5-year maturities (EDV.TO)

• We think that not all has been rosy at mining finance house, RCF. From what we can piece together, fundraising for Fund #8 didn’t get the interest that was hoped and a few arms of the endowment-backed financier have wound up over the last few months

• Yes, yes, there’s a cheap gag to throw our way for downsizing too!

• Dryblower: Lithium bounce, or wishful thinking? (MNN) Another day, another down tick… US$620/t for spod while carbonate & hydroxide breach US$8,500

• Lion Selection Group moved the Lion clock to 5 o'clock (LSX) always worthy market commentary from Hedley

• Apollo on stagflation, private credit strength, and the coming AI infrastructure wave (Livewire)

• New MinRes chairman shows delulu is infectious (AFR’s Rear Window)

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