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Billionaire Rinehart Boosts Australian Rare Earths Position
Australia’s richest person Gina Rinehart will lift her stake in Arafura Rare Earths Ltd. as part of a A$375 million ($268 million) capital raising plan.
Mining bosses warn new capital gains tax will ‘cut the jugular’ of Australian economy
Jim Chalmers’ changes to the capital gains tax could have an even bigger impact on the sector than his mentor Wayne Swan’s controversial resources super profits tax, mining executives warn, and could imperil the future of arguably the most important arm of the Australian economy.
Arafura FID: creating jobs and prosperity for the NT while unlocking Australia’s rare earths bounty through Strategic Reserve
The decision by Arafura Rare Earths to proceed to Final Investment Decision (FID) on the Nolans Project in the Northern Territory shows how recent reforms to the Strategic Reserve and Export Finance Australia (EFA) are translating policy into practical outcomes, supporting investment in strategically important and commercially complex critical minerals markets.
‘Massive wake-up call’: Leaders urge action on fuel security to cut costs
The global fuel shock has become a “massive wake-up call” for Australia to undertake an urgent change to stop soaring energy prices.
Retrospective capital gains tax changes hit mining, energy projects
Foreign investors will be further scared off Australian mining and energy — pushing up power prices and crippling the nascent critical minerals industry — by a retrospective change to capital gains tax rules.
Chris Bowen creates new climate office as Britain slashes its green funding
The climate catastrophe balloon is losing altitude but COP co-president Chris Bowen obviously has yet to get the message. As energy price pressures continue at home, Mr Bowen has set up a modestly titled “office of the presidency” inside his Climate Change and Energy Department for his additional responsibilities in Turkey for this year’s COP31 UN climate conference.
Federal Budget 2026: AMEC warns capital gains tax changes could kill next big mining discovery
Explorers warn the Federal Government’s capital gains tax shake-up could choke investment in the next generation of mining projects by making high-risk exploration less attractive.
Tomago smelter will be saved from closure as NSW government confirms budget lifeline
The NSW government will bail out the struggling Tomago aluminium smelter in its upcoming budget, ending months of speculation about whether the local aluminium manufacturer will be saved from closure.
WA’s gas industry is blowing up as Albanese attempts takeover of State’s successful energy sector
WA is being thrown into a constitutional brawl with Canberra over an imminent Federal “takeover” of the State’s gas industry amid warnings the new laws could trigger diplomatic friction with two of Australia’s most important allies.
Snowy Hydro 2.0 cost blowouts and delays masked by Albanese government’s official valuation
The Albanese government has kept Snowy Hydro’s $8.3bn book value despite cost blowouts potentially reaching $20bn and experts questioning if the project is even technically feasible.