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Auto stocks rise as Trump hints at tariff relief for car companies

Shares in US and global automakers have risen sharply after President Donald Trump signalled he may offer temporary relief from recently imposed automotive tariffs, aimed at giving manufacturers more time to localise production. During a White House meeting with El Salvador’s President Nayib Bukele on Monday, Trump said he was “looking at something to help […]

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Seven reasons Australia is likely to avoid recession from Trump’s trade shock

Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP, discusses the possible recession.   The key points are: President Trump’s trade war poses a threat to Australian economic growth particularly via the indirect impact of weaker global activity driving less demand for our exports and lower commodity prices. Australia is likely to

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Lindian Resources Advances Rare Earth Project

Lindian Resources (ASX:LIN) has initiated early site works at its Kangankunde Rare Earths Project in Malawi, signaling an acceleration of its development strategy. Following the commencement of construction on a new 5km access road in February 2025, the company has now begun initial civil and infrastructure development. These actions are part of a broader plan

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Flagship Minerals Acquires Pantanillo Gold Project

Flagship Minerals (ASX:FLG) is expanding into Chile’s Maricunga Gold Belt through the acquisition of the Pantanillo Gold Project. The junior explorer secured a binding five-year option agreement, paying an initial US$100,000 and committing to staged payments totaling US$1.4 million over four years, with a final $11 million payment to acquire 100% ownership. Pantanillo boasts a

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Global Copper Smelting Activity Shows Notable Decline

Global copper smelting activity experienced its most substantial decline since May 2023, according to geospatial intelligence firm Earth-i. Their SAVANT Global Copper Monitoring Index revealed a rise in the global inactive capacity index from 8.8% in February to 12.6% in March. This downturn reflects unprecedented market conditions, including negative treatment and refining charges. Custom smelters,

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Vertex Minerals Advances Reward Gold Mine Project

Vertex Minerals (ASX:VTX) is progressing towards underground mining operations at its Reward Gold Mine. The company reports that the processing plant has achieved a 60% throughput rate of its nameplate capacity. Dewatering of old headings is currently underway in anticipation of the arrival of new underground mining equipment. Initial scaling and assessment of historical ground

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Australia Decommissions Landmark HIFAR Nuclear Research Reactor

The Australian Nuclear Science and Technology Organisation (ANSTO) has commenced a major decommissioning project for the High Flux Australian Reactor (HIFAR), Australia’s first nuclear research reactor. Built in 1958 at Lucas Heights, Sydney, HIFAR operated for nearly 50 years before being replaced by the OPAL reactor in 2007. The decommissioning follows a license issued by

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ChemX Materials Receives Deed of Arrangement Approval

ChemX Materials Limited (CMX) and its subsidiary HiPura Pty Ltd are set to execute Deeds of Company Arrangement (DOCAs) following creditor approval on April 11, 2025. This marks a significant step in the recapitalization efforts after the appointment of administrators on January 2, 2025. For ChemX Materials, Benelong Capital Partners Pty Ltd (BCP) will pay

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