• Commodities got hit with nearly all base metals, precious and energy commodities trading down overnight (AFR)

• Heavy rare earth developer Northern Minerals was targeted in a cyber attack hours after Jim Chalmers ordered investors be removed (ABC)

• Rio will spend $215 million on accelerating its push into low-carbon steel, with plans to build a giant microwave facility south of Perth (AFR)

• Jemena’s CEO: Rising geopolitical risks should prompt a rethink of Australia’s energy priorities, focusing on reliability & affordability (AFR)

• The CME copper squeeze appears to have largely passed but fundies are sticking to their bullish convictions in both the US & London (Reuters)

• The Clean Energy Council said a push by politicians for nuclear energy is “fantasy-driven” & puts Australia at odds globally (The Australian)

• Premier Roger Cook highlighted the need to incentivise investment while playing down the findings of the lack of royalties paid on LNG (BN)

• BHP CEO Mike Henry faces a test of patience after Anglo bid faltered (The West)

• Oil is trading at 4-month lows as the market continues to digest the surprise OPEC+ move to restore production earlier than expected (AFR)

• The leaders of South Korean & African nations agreed to forge deeper business ties & launch a “critical minerals dialogue” (Mining.com)

• Chilean state mining firm Enami says it’s getting plenty of interest from prospective partners in a lithium project (Blomberg)

• St Barbara are now 10% shareholders of Brightstar, post the Linden deal (SBM)

• Chinese companies are rushing to take advantage of a recent equities rebound to raise funds, including miner MMG, who raised US$1.2b (Bloomberg)

• Saudi Aramco’s generous dividends can only go so far in making up for an overpriced IPO, which is seeking US$12b (WSJ)

• Word on the decline is that Telfer’s restart date has been moved from Sept 1^st to Oct 1^st. We’ve heard that DEMIRS has given the TSF repairs the all-clear. This is likely an expensive exercise, though few gold miners would be better able to take the hit.

• The bigger implication relates to the impact on the ‘halted’ sale process

• Australia commanded a premium for its first sovereign green bond, as investors were drawn by the credible framework & plan to issue more debt (Bloomberg)

• The Mabo decision that created Australia’s native title regime is now 32 years old. This article looks at what groups do with Native Title (AFR)

• Indian stocks, bonds and the rupee are poised to climb after exit polls indicated a resounding victory for Narendra Modi’s party (Bloomberg)

• More than three-and-a-half years after resource-rich Zambia formally declared itself bankrupt it is about to drag itself out of default (Reuters)

• Copper is booming, with more grassroots signs of increasing value too: theft of copper cable is up 20% on last year in southern England (FT)

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