News

Outgoing Lynas Rare Earths boss Amanda Lacaze to lead Minerals Council
Departing Lynas Rare Earths chief executive Amanda Lacaze is the new chairman of the Minerals Council of Australia, and will use the prominent position to call on governments to encourage investment in the nation’s biggest export sector.

Fossil fuel spending to hit decade high as renewables growth falls, IEA report
Fossil fuel spending in 2026 will hit its highest levels in a decade, with annual growth in renewables set to fall as the Iran war pushes Asian nations to keep coal power plants running for longer to boost energy security, the International Energy Agency said.

Senex Energy boss calls Labor’s gas reservation scheme ‘nationalisation by stealth’
Labor’s proposed gas reservation scheme amounts to “nationalisation by stealth”, the head of one of the country’s largest domestic producers has warned, in one of the sector’s strongest attacks yet on the Albanese government’s proposed gas reservation reforms.

WHY PENALISE THE VERY PEOPLE WHO DRIVE ECONOMIC GROWTH
Instead of driving productivity and improving Australians’ lives, this budget risks penalising hard work, taxing business growth and stifling entrepreneurship.

Chris Bowen keeps spending as renewables fail to show up
When the smokestacks came down at the Liddell Power Station in the Hunter Valley on Tuesday, it was a visual snapshot of where we are with power.


Mining will power jobs recovery if we can stop green saboteurs
Well-funded green activists use legal loopholes and other opportunities to slow down and stop approved mining projects, blocking NSW investment and jobs, yet renewables provide very few employment opportunities, writes Stephen Galilee.

Federal Government Secures Rare Earths Supply In Major NT Deal
Federal Resources and Northern Australia Minister Madeleine King has announced the Albanese Government will use the Critical Minerals Strategic Reserve for the first time, signing a preliminary agreement to purchase up to 500 tonnes of rare earths per annum from the Northern Territory.

Gina puts $85m into NT project
Arafura Rare Earth’s largest shareholder Gina Rinehart, has followed up on the Albanese government’s decision to buy some of the company’s future output, by increasing her stake in the company.

Sky News | Nicola Willis, New Zealand Finance Minister
We want New Zealand to be one of the best places in the world to do business. Why?

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.