• WA Premier Roger Cook announces $150m rescue package for lithium miners to ride out price collapse (AFR, West)

• LTR CEO Tony Ottaviano said the state govt’s lithium support package is a “broader menu to select from” but his first choice was always royalty relief (BN)

• WA Premier Roger Cook defends rescue package which will benefit Ellison, Rinehart-backed Liontown (Australian)

• Vedanta has inked an agreement with the Saudi gov’t to invest US$2bn in copper projects in the country (MiningNews)

• Lynas is set to ramp up pressure on the Albanese gov’t to help fund a chemical plant to provide the acid it needs follow the Nickel West closure (Australian) lol

• Trafigura has ordered thousands of tons of zinc out of London Metal Exchange warehouses, fueling a rally in prices (Bloomberg)

• FMG will spend up to $US400m on equipment from Xuzhou Construction Machinery Group as it hedges its bets on its fleet electrification (Australian)

• Norsk Hydro pulls the plug on green hydrogen and battery projects and will phase the business out (Bloomberg)

• Residents of Crowsnest Pass in Alberta voted 72% in favour of the development of Gina Rinehart’s stalled Grassy Mountain coal mine (GlobalNews, FT)

• NSW narrowly avoids blackouts as hot weather strains coal power-reduced grid (Australian)

• Fortescue signed a US$400m contract for the supply of zero emissions mining vehicles with China’s largest construction machinery manufacturer (BN)

• Dataroom reported that Ramelius may consider M&A if the Rebecca-Roe project isn’t worthwhile, naming Spartan as a potential target (Australian)

• Carnaby is acquiring Trekelano (5.2Mt @ 1.6% CuEq) while entering a tolling & offtake agreement for all the sulphide ore & concentrate, + raising $17m (CNB)

• Rumble shared non-binding terms over Western Queen, with MEGA to fund development & working capital up to $25m, with cash flow to be shared after costs are recovered (RTR)

• Endeavour Silver closed a US$73m bought deal financing, aimed at advancing the Pitarrilla project in Mexico (EDR.T)

• While the company has been in limbo from the ASX boards for two months now, we think Tungsten miner Group 6 Metals will re-emerge with a tweaked capital structure as it aims to make money from the restart of its Dolphin mine on King Island.

• And as the West Australian government has done with the lithium industry, we wouldn’t be surprised to see the Tasmanian government provide “support” to “protect jobs” at Dolphin mine too

• Emanuel Datt talks up the takeover merit of Predictive DIscovery on Chris Judd’s Talk Ya Book (YouTube) Perseus with 20% already but Datt says there could be competitive tension “Zijin, Nordgold for example”

• Real Cost of Net Zero: The shocking truth of the renewable energy push, an investigation by Chris Uhlmann (YouTube)

• Who offered what for Anglo American’s Aussie coal mines (Australian)

• Barry Fitzgerald reckons there’s a long Anglo dance ahead of BHP (MiningNews)

• Chinese carmakers are trouncing once-unbeatable Japanese rivals (Bloomberg)

• An interesting LinkedIn post from University of Wollongong student, Thomas Jackson, on the bizarre apparent closure of the institution’s Mining Engineering program. Thomas has a petition to keep the program going, sign it here

• Trafigura Bets Troubled Carbon-Credits Market Poised for Rebound (Bloomberg)

• Hastings attributes rare metals find to divine providence (AFR’s Rear Window)

• How Vulcan Energy survived and capitalised on the lithium bust (CB)

• L1’s Catalyst Fund: Reflections on activism and the art of persuasion (Livewire)

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