Vast heaps of crushed brown rock hem the Indian Ocean at Western Australia’s Parker Point port — each a stockpile of 200,000 tons of iron ore, ready to be poured into a procession of bulk carriers bound for Asia’s steel mills. Rio Tinto Group, the world’s largest iron ore producer, shipped its first cargo of … Read more
Good morning, it’s Georgie here in Sydney. Here’s what you need to know today… Today’s must-reads:• Lithium rush heats up with SQM’s $1 billion Azure buy• RBA staff threaten strike over pay• US stocks drop on a rout in Big Tech, Aussie futures flat Australia’s lithium frenzy continues with mining giant SQM winning over Perth-based … Read more
39 Mins Ago Europe stocks close higher European stocks closed 0.3% higher on Monday, as investors looked ahead to a flurry of economic data releases around the world. Most sectors and major bourses closed the first trading session of the week in positive territory, with mining stocks up 2.4% to lead gains. — Sam Meredith … Read more