• Serbia is preparing to give Rio the green light to develop Europe’s largest lithium mine, Jadar, two years after Belgrade called off the project (FT)

• Chinese Premier Li Qiang arrived in Australia, saying relations were "back on track". It’s the first visit by a Chinese premier to the major trading partner in seven years (Reuters)

• Leo said Mali’s government conditionally approved the sale of its remaining 40% stake to Ganfeng for almost $343m (Mining.com)

• Ivanhoe addressed misleading headlines claiming its JV partner, Saudi miner Ma’aden, planned to sell its shares in the company (Mining.com)

• Russia plans to speed up its only lithium production project by 3-4 years to cut its dependence on imports (Mining.com) Governments’ willingness to expedite projects is a theme we’re following with intrigue

• Codelco’s new boss insisted the Chilean state-owned group would reverse a severe production slump this year, despite US$20b in debt (FT)

• DRC’s state miner said it’ll need to approve any acquisition of cobalt producer Chemaf if the new owner wants the key permit (Bloomberg)

• Chile's government said that Saudi Arabia's mining minister will travel to the Latin country in July with lithium on the agenda (Reuters)

• Japan’s economy ministry is considering allowing the expansion of nuclear plants as older ones are being decommissioned (Bloomberg)

• The Chinese Premier’s Australia visit comes as Beijing seeks friendlier Western relationships in the face of a possible US trade war, UBS say (The Australian)

• Queensland will inject $90 million into the resources sector in the 2024-25 state budget (Resources Review)

• A classic MinRes Friday afternoon deal update special, with BCI Minerals to sell its Iron Valley assets to MinRes for up to c. $73m (BCI)

• Alcoa received FIRB approval for its acquisition of Alumina last Friday (AWC)

• Shares in Deterra Royalties have tumbled after the royalties group late announced plans to acquire Trident and said it would halve its dividend payout ratio from next year (Capital Brief)

• BUMA may be in the hunt for Anglo American’s coal assets in Queensland (MiningNews.net)

• S2R received notice from Pacific State Metals that it has not been able to execute an IPO, and thus the two companies agreement was terminated (S2R)

• Diatreme declared its takeover bid for Metallica unconditional. It currently has a relevant interest of 57.3% (DRX)

• Anax Metals has raised $3 million via a placement (ANX)

• Winsome received firm commitments of $25m via equity raise (WR1)

• The West Perth rumour mill suggested to us that Ramelius could be throwing the kitchen sink at blowing up the Westgold merger with Karora. If our intel is accurate, the Takeovers Panel is more interested than many would initially assume.

  

• Europe’s gas imports from Russia overtook supplies from the US for the first time in almost two years in May (FT)

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