Australian Resources Minister King says Australia is to have an operational critical minerals reserve by year-end
The announcement of an operational critical minerals reserve in Australia by year-end signals a proactive government strategy in securing supply for essential metals.
[MARKET UPDATE] Spot XAU briefly extends beyond USD 4600/oz and USD/JPY at session lows of 157.57; recent headlines point to increased presence of US planes near Iranian airspace
An increase in the number of US planes near Iranian airspace, according to Israel's Channel 14
Australian Resources Minister King says Australia is to have an operational critical minerals reserve by year-end
PRE-MARKET TAIWANESE AND SINGAPORIAN STOCK NEWS
[MARKET UPDATE] US equity futures see another modest leg lower (ES -0.4%, NQ -0.5%) following comments from US President Trump and Fed Chair Powell; Debt futures, precious metals and JPY continue rising
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This could strengthen Australia's position in the global supply chain, particularly for EVs and batteries, and might influence demand dynamics across various commodities. Keep an eye on how this development could affect related stock sectors and global market sentiments around critical minerals.
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