• Aluminum prices surged amid Guinea bauxite export suspension (Mining.com) MMI has opened 5% higher on ASX this morning

• Financial markets got off to a cautious start to the week as China’s Finance Ministry briefing at the weekend underwhelmed (Bloomberg)

• Appian won its Atlantic Nickel case against Sibanye, now pursuing full damages (MiningNews)

• Rio Tinto’s Serbian lithium pain might be Argentina’s gain, as Rio rue missed sell-down to CATL (AFR)

• Ambassador Gabriele Visentin leads a European envoy bound for WA in mission to woo miners this week (West)

• Fortescue said the Albanese government should consider tying a lucrative fuel tax credit to decarbonisation efforts for Australia’s mining giants (AFR)

• Chris Ellison’s Mineral Resources slowed down the drill bit to save some extra cash amid cost crunch (West)

• Hedge funds fled bearish bets against Brent crude prices at the fastest pace in nearly 8 years, as war risks ratcheted up (Bloomberg)

• The WA Trade Minister said alumina would be a ‘really big beneficiary’ from a trade agreement done by the Federal Government with the UAE in Sept (West)

• France’s Orano is boosting uranium mining & processing capacity as supplies tighten on stronger demand & moves to reduce reliance on Russia (Bloomberg)

• Hundreds of people marched through Ghana's capital Accra in a peaceful protest against unlicensed gold mining, calling on authorities to act (Reuters)

• Activists targeting a plan to drill for gas in WA’s Kimberley vowed to push ahead after Black Mountain said it would present a new plan (Australian)

• Australia’s largest off-grid power system, the 95MW Kathleen Valley hybrid power system, is up and running (West)

• Ontario's Pickering nuclear station gets green light for continued operation (Reuters)

• Bridget Carter reckons the Cobar is prime for consolidation now, citing an enormous pool of potential consolidators (Gold Fields, Newmont and Anglo Gold, Fortescue) (Dataroom) she cites MAC as potentially acquiring Aurelia or Peel. Aeris could merge with Aurelia. Kingston could merge with Talisman or AGC. And Newmont could buy Waratah. Have we missed a single permutation?

• South Africa’s Exxaro is seeking to acquire manganese mining assets after missing out on copper assets (Bloomberg)

• Street Talk hyped up further West African gold consolidation, declaring Siren Gold a target, with Santana or Federation Mining potential acquirers (AFR)

• Raiden Resources raised $10m for further lithium drilling (RDN)

• Navoi Mining launched and pricing a US$1b debut bond offering (MiningNews)

• Viridis and Sunstone have each individually launched $4m raisings (VMM, STM)

• One of the murmurs to make its way out of LME Week relates to Glencore’s upper-bound in a bid for Anglo’s Queensland coal assets. We heard that Glencore would only pay up to US$3 billion (or at least they were prepared to signal as much)

• Kopernik Global Investors whitepaper on mining - well worth reading

• EV sales unlikely to pick up in 2025, next year could be the slowest growth to date (Mining News)

• WA lithium miners get a Rio reality check, with a silver lining (AFR Analysis)

• Coal/gas switching in EU power market (Coal Trader)

• FAQ On Rising Middle East Turmoil and Energy Markets (Super-Spiked)

• This mining fundie says lithium is a better bet than iron ore (AFR)

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