• Coal’s four-year lows hide a coming global supply squeeze (Bloomberg)

• Arcadium goes out with a whimper, finishing the Dec Q with a loss before being absorbed by Rio (MNN)

• The Indonesian govt’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China balk at higher costs (Bloomberg)

• Rio said its East Intercourse Island facility at the Dampier iron ore export port in WA had resumed operations after flooding from Cyclone Sean (Reuters)

• China’s billion-ton steel industry is edging toward its biggest shake-up in a decade, with speculation growing that Beijing will order plant closures (Bloomberg)

• Vitol is downsizing the China thermal coal trading operation it recently acquired from Noble Resources, though the company hasn’t stated its strategy (Reuters)

• The Minerals Council of Australia will send a note to members on Monday, warning an attempt by the MEU to force BHP will have far-reaching consequences for employees (West)

• Northam Platinum on Friday reported a 49.7% decline in half-year profit on lower metal prices and slashed its dividend by 85% (Reuters)

• Booming lithium supply out of Africa is keeping a lid on the battery commodity’s price despite resurgent Chinese demand (West)

• South Africa’s Eskom said that a unit at its Koeberg nuclear power plant was shut down after experiencing an unplanned, non-technical trip (Reuters)

• China last year committed more resources than ever to mining abroad as part of Xi Jinping’s global infrastructure program, a new study found (Bloomberg)

• Canada will extend a 15% tax credit on mineral exploration for two additional years as part of the government's move to support investment in exploration projects, energy, and natural resources (Reuters)

• Potentia Capital divests Micromine for $1.35b to Weir Group (AFR)

• Minerals 260 released a new re-compliance prospectus and presentation, ahead of its planned $220m raising at 12c

• Hillgrove Resources and Black Rock Mining are both in trading halt this morning pending announcement of a capital raising (HGO, BKT)

• Vior Inc closed a C$39m bought deal placement to advance its Belleterre gold project in Quebec (VIO.V)

• C3 Metals has raised C$10 million via a bought deal placement to advance its copper-gold project in southern Peru (CCCM.V)

• Seeing Entrée Resources report assays from drilling between 2022 and 2024 on Friday has us thinking that a deal with Rio Tinto (and the Mongolian government) can’t be too far away now

• Diggers & Dealers survives its own rich history (AFR’s Pierpont) A vintage account of Diggers from the man who christened the term “Money Miner”

• Lynas Rare Earths, the prince, the heiress and a big Malaysian mess (West) a few weeks old but only just read this ripper

• BHP set a gender target. The (male) backlash took 3 years (AFR)

• Cobalt prices lean into their ‘blue period’ (FT)

• Sanjeev Gupta’s contractor knows how to plan a holiday (AFR)

• Inside China’s Mining Loans: US$57b, Strategic Control & a Changing Playbook (Amvest) “The critical minerals sector was one vehicle for China to export its virus of deflationary overcapacity, stemming from an addiction to underpriced capital

• Mining investment in DRC is growing despite instability in the northeast, Chinese companies aligning themselves to new requirements (MNN)

• Forget EVs, there’s a new driver of lithium demand (MNN)

• The illusion of 'risk-adjusted' returns (Tim Carleton)

• PDAC: Gold, copper prices can only rise, analysts say (NM) Does this headline make anyone else nervous?

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