• Years after oversupply and consumer uncertainty killed China’s property boom, Beijing is re-evaluating the steel industry that supplied it, with Australia’s iron ore exporters are in the firing line (AFR, and similarly AFR)

• L1 Capital disclosed it bought more than 3.1m MinRes shares over the past few weeks, with it being the largest shareholder without the Ellison name (AFR)

• Mali will resume granting permits for mineral exploration as of March 15 after the process was suspended more than 2 years ago (Bloomberg)

• Barrick remains "fully engaged and committed to reaching a mutually beneficial resolution" with Mali to end their dispute, a shared memo showed (Reuters)

• The Alberta government has indicated it will only approve underground steelmaking coal mines following the removal of a ban (Australian)

• Disgruntled investors in Jervois called for an emergency shareholder meeting after an American court rejected attempts to derail a bankruptcy deal (AFR)

• Treasurer Chalmers faces the prospect of having to intervene for a third time in the affairs of Northern Minerals, which cannot clarify the sovereignty of foreign interests (Australian)

• Gerry Harvey is expanding his investment portfolio into lime & cement, becoming a major investor in ASX-listed, PNG-focused Mayur Resources (AFR)

• China’s consumer inflation dropped far more than expected to fall below zero for the first time in 13 months, declining 0.7% from a year ago (Bloomberg)

• The US is in exploratory discussions with the DRC about a possible deal giving it access to critical minerals (FT)

• The DRC’s export ban on cobalt may not been enough to clear the glut, history shows (Reuters)

• US senator John Hickenlooper reckons critical minerals need a Sputnik moment (MNN)

• China's coal imports rose 2.1% year-on-year to a record high for the January-February period (Reuters)

• China's unwrought copper imports declined by 7.2% year-on-year to 837kt in the first two months of 2025, due to increased domestic smelting capacity (Reuters)

• Rio Tinto has scrapped plans to raise as much as US$5bn in a share sale following pushback from investors, according to sources (Bloomberg)

• Navoi Mining, one of the world’s largest gold producers, is eyeing a potential London listing this year that could value the Uzbekistan state-backed miner at £4bn (Bloomberg)

• Shares in Kenmare jumped 52% after former MD Michael Carvill teamed up with Abu Dhabi-based PE group Oryx Global to take over the miner, which said it had rejected a €565m deal with a 92% premium (Irish Times)

• Cobre signed an earn-in agreement with BHP, which will see the major provide up to $40m in funding for exploration at Cobre’s Botswana projects (CBE, AFR)

• Legacy Iron signed a deal with Bain Global Resources, who’ll finance all mining activities up to $10m under a deferred payment against profit-sharing arrangement over the Mt Celia gold mine (LCY)

• Eclipse Metals & Boss Energy entered into a binding option agreement over the Liverpool uranium project, whereby Boss could earn up to 80% should it provide up to $8m in exploration funding over 7 years (EPM)

• Voluntary administrators for Centrex have commenced a sale and/or recap process (CXM)

• The takeover offer period for Astral’s takeover of Maximus has been extended to 21 March (MXR) Astral had 76.7% of MXR as at 6 Mar

• Rimfire is in a trading halt pending a capital raising (RIM) late Friday, the company revealed the arbitrator is considering a request by GPR to defer the hearing

• Do you remember the Bloomberg rumour late last year that South African coal miner Exxaro had discussed acquiring Jupiter Mines’ Tshipi?

• Well… we heard the other manganese project on the shopping list for Exxaro is Kalagadi Manganese. That’s if there’s a way to overcome the operation’s substantial indebtedness from IDC

• US storm in a copper mug (MNN)

• Gina Rinehart hangs mural of herself and Peter Dutton (AFR’s Rear Window)

• World’s biggest miners cut back on exploration investment (FT)

• Victor Smorgon’s star fundie eyes 50pc returns for new fund (AFR) 20% allocation to gold

• From Rare Earths to Broader Metals: Mick Davies Interview (Spotify, Apple)

• Why silver is the new gold (Economist)

• Dutton’s nuclear gamble short on detail, but voters don’t seem to care (AFR)

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