News

Lynas Rare Earths gains as China roils carmakers
Shares of Lynas Rare Earths soared nearly 13% on Thursday to their strongest level in more than two years amid concerns over China’s export controls on rare earth elements.

What to Know About China’s Halt of Rare Earth Exports
Since early April, China has stopped almost all shipments of critical minerals that are needed for cars, robots, wind turbines, jet fighters and other technologies.

Climate change spend surges to $9bn a year
Article by Matthew Cranston, courtesy of The Australian 03.06.2025 Climate Change and Energy Minister Chris Bowen in Perth on Tuesday. Picture: Getty Images Federal government spending on climate change and net-zero policies

WA Day: Why well-known people love life in the west
From the beaches and red dust to the warm-hearted people, prominent Sandgropers tell us why they love WA.

Cost of Victoria’s renewables grid plan understated by at least $16b
The total cost to households and businesses for the upgrade to Victoria’s electricity grid, required to support the shift to renewable energy, will be more than four times the $4.3 billion figure set out in a transition road map unveiled last month.

Trump Is Canceling $3.7 Billion in Clean Energy Projects
The Energy Department is canceling some $3.7 billion in government support for clean energy projects it said did not warrant continued backing from the Trump administration.

BHP shoots down Fortescue’s scaremongering over the Pilbara’s future
BHP says Chinese blast furnaces have a long way to run, and unveiled a big breakthrough with Baowu. If BHP is right, the Pilbara golden goose will be just fine, countering Andrew Forrest’s claim the region risks becoming a wasteland.

Capital expenditure crash: it’s a distress signal from companies, Jim Chalmers warned
Jim Chalmers’ hopes of a recovery in the business sector have been dealt a blow after private investment recorded its biggest annual contraction since 2020, in a shock to economists.

Figures show mining productivity is headed the wrong way under the Albanese government
The Minerals Council of Australia says the nation’s industrial relations laws and the rise of union power are incompatible with federal Labor’s new-found focus on productivity.

“We have a duty:” Hockey joins Woodside call for more gas, as Queensland vows to extend coal
Australia must cut the “red and green tape” around gas projects and allow more exploratory drilling to secure the nation’s energy and exports, a conference has been told, despite an election result endorsing a move to renewable energy.

Power bills jump up to 9 per cent amid concern over green transition
Electricity prices are set to rise by between 1-9pc, the energy regulator says, with NSW worst hit. Mark Butler is adamant there will be no taxpayer-funded bailout for the collapsed private hospitals operator owned by an overseas private equity firm.

Australia limiting its role as a global energy superpower
When it comes to resources, Australia is the Saudi Arabia of the southern hemisphere.