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Resource and energy export earnings expected to decline as prices stabilize

Australia’s resources and energy export earnings are forecast to normalize over the next two years as commodity prices return to long-term levels following the price spike after Russia invaded Ukraine.

Australian resource earnings to steady despite short-term declines

Resources and energy export earnings in Australia are projected to follow long-term trends in the next two years, buoyed by improved supply and a more favourable global economic outlook.

ASM advances rare earths project with US EXIM’s USD 600M support

Australian Strategic Materials Limited announced the reception of a non-binding and conditional Letter of Interest (LoI) from the Export-Import Bank of the United States (US EXIM), outlining a debt funding package of up to USD 600 million (AUD 923 million) for the construction and execution phase of the Dubbo Project, focusing on rare earths and critical minerals.

Arafura’s rare earths refinery in NT gets $840M federal investment

The Australian government has announced an $840 million investment to construct the country’s first combined rare earths mine and refinery in the Northern Territory. 

Minister King heads to North America, Canada for talks on critical minerals

Minister Madeleine King is visiting Canada and the United States from 3 to 8 March to discuss critical minerals essential for supporting eco-friendly technologies.

$40M grant program to bolster Australia’s international critical minerals partnerships

The Australian government has launched a $40 million grant program to bolster the nation's international partnerships for critical minerals.

Australia unveils 52 investment-ready critical minerals projects in latest prospectus

The Australian Government has released the Australian Critical Minerals Prospectus, highlighting 52 high-quality, investment-ready projects in a move towards bolstering the nation’s position in the critical minerals market.

Minister King to focus on critical minerals, manufacturing ties in Japan and Korea visit

Minister for Resources and Northern Australia Madeleine King is set to embark on a diplomatic mission to Japan and the Republic of Korea (ROK) this week in a move to bolster investment in Australian resources projects and strengthen Australia's reputation as a reliable export partner.

Government-hosted roundtable to explore challenges in nickel, lithium industries

Federal Minister for Resources Madeleine King and Western Australian Minister for Mines David Michael are set to meet with business leaders in the nickel and lithium industries to explore the challenges facing the sector and discuss how the government can help address them. 

Alcoa to curtail Kwinana refinery, to axe over 1,000 jobs

Global aluminium producer Alcoa has announced its decision to curtail production at its Kwinana Alumina Refinery in Western Australia in the second quarter of 2024. 
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