• Iron ore surged 10% after three of China’s largest cities eased rules for home buyers, rallying mining stocks and helping the ASX set a record high (AFR)

• Xi Jinping urged caution in the face of what he said could be a rough patch for China, in his first public comments since the government stimulus (Bloomberg)

• Rio Tinto is aiming to start churning out copper from the long-delayed Resolution project in Arizona by the end of the decade (Bloomberg)

• The new union push could bring chaos to mine sites in the Pilbara: Minerals Council of Australia (West)

• Chinese stocks extended one of their most remarkable turnarounds in history, soaring for a 9^th straight day (Bloomberg)

• CME Group launched contracts that track the price of the raw material for lithium batteries, stepping up its rivalry with the LME (FT)

• Barrick and the Mali government have found a resolution to existing claims and disputes over the Loulo and Gounkoto gold mines (Mining.com)

• Strike Energy chair John Poynton is committed to restoring value in the company’s stock after an abrupt sell-down post-exploration disappointment (BN)

• Copper producers have issued fresh warnings about price volatility as the industry meets for its most important annual gathering, the LME week (FT)

• Alcoa has locked in power supplies for its Portland aluminium smelter until mid-2035 (Australian)

• Britain closed a chapter of its storied industrial history, as its last coal-fired power plant was switched off and its largest steel mill was shuttered (AFR)

• VC firm, Founders Fund, co-founded by Peter Thiel, is backing a nuclear start-up aiming to produce the fuel used to power the latest generation of reactors (FT)

• Liontown’s first shipment of concentrate from its flagship Kathleen Valley operation has left Australia for China (Australian)

• US buys 6 million barrels of oil for Strategic Petroleum Reserve (Reuters)

• Osisko agreed to purchase royalties from Tembo Capital on Spartan’s Dalganranga, acquiring a 1.8% gross royalty, & an additional 1.35% royalty on exploration properties, for US$44m & US$6m respectively (OR.NY)

• Dataroom reported Wesfarmers as being believed to be among the parties taking a look at MinRes’ Perth Basin assets, though Hancock & Mitsui are stated as the front-runners (Australian) seems a no-substance article but this slide in WES’ strategy day deck is why they are in the dataroom

• Filo Mining shareholders approved the BHP/Lundin Mining deal in a special meeting (FIL.TO)

• 5E Advanced Materials received a Letter of Interest for up to $285m in debt financing from the U.S. EX-IM bank (5EA)

• Reward will acquire Kalium’s Beyondie potash plant, admin & ops office and other infra for $2.1m (RWD) recall Reward nearly picked up Kalium earlier but the conditional equity raise let that deal slip

• Another delay from FIRB to consider Miracle Iron’s acquisition of CZR’s Robe Mesa iron ore project (CZR)

• Zeta Resources in a trading halt pending the announcement of an “investment sale transaction” (ZER) recall last week Zeta revealed it had put forward a DOCA proposal to acquire the shares of Panoramic Resources. That was conditional on Zeta completing a transaction that would enable it to fund $15.5 million convertible notes in Panoramic. Our best guess is Zeta could be trimming its stake in Horizon Gold (~A$40 million) to double down on Panoramic…

• American West Metals is in a trading halt to raise capital (AW1)

• Belararox has agreed to place an additional 7.5 million shares to its major shareholder, Denala, seeing it with 19.9% of the Argentinian explorer (BRX)

• It would not surprise us if the most obvious future tie-up in the gold sector comes to fruition before the end of the year. And yes, we are talking about the final act in the Battle for Leonora…

• We wonder how you would slice the deal - both companies have a remarkably similar market cap today. A merger of equals?

• From BHP’s commodity insights team: How copper will shape our future (BHP)

• An aluminium squeeze is drawing attention to the role one group of warehouse operators plays at the LME (Bloomberg)

• Matthew Kidman: We are near the end of the longest structural bull market in history (Livewire)

• Buy Hold Sell: 5 uranium stocks as prices bottom out (Livewire) Hosted by Money of Mine’s Matty Michael

• Lombard Odier Dumped Entire China Allocation, Won’t Buy Rebound (Bloomberg)

• The great rotation and why resources are looking attractive: L1 Capital (Livewire)

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