{"id":320472,"date":"2025-10-21T06:14:22","date_gmt":"2025-10-21T06:14:22","guid":{"rendered":"https:\/\/www.europesays.com\/us\/320472\/"},"modified":"2025-10-21T06:14:22","modified_gmt":"2025-10-21T06:14:22","slug":"markets-live-updates-critical-minerals-stocks-lose-steam-after-us-deal-rally-asx-touches-record-amazon-web-services-suffers-outage","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/320472\/","title":{"rendered":"Markets live updates: Critical minerals stocks lose steam after US deal rally, ASX touches record, Amazon Web Services suffers outage"},"content":{"rendered":"

We’ve received this fact sheet of the “initial pipeline” of the US-Australia critical minerals and rare earths framework:<\/p>\n

\n

The US AU Critical Minerals Framework is being supported by immediate investments and an extensive pipeline of critical minerals projects in Australia, worth up to $USD 8.5 billion, with a substantial number of additional projects under development.<\/p>\n

Both governments are taking measures to provide at least $USD1 billion in financing to projects located in the United States and Australia within six months<\/b>, which Australia will look to allocate to this pipeline and other prospective critical minerals projects.<\/p>\n<\/blockquote>\n

Some of the acronyms used in the fact sheet:<\/p>\n

EFA = Export Finance Australia<\/p>\n

EXIM = Export\u2013Import Bank of the United States<\/p>\n

Joint investment at announcement:<\/b><\/p>\n

Alcoa-Sojitz \u2013 Gallium Project WA<\/b><\/p>\n

\"\"<\/p>\n

Government investment will develop a gallium plant located with an existing alumina refinery to produce gallium of more than 99.99% purity.<\/p>\n

Gallium will then be further refined by Japanese midstream foundries for downstream specifications of U.S. gallium industries.<\/p>\n

Gallium is essential to advanced technology applications, including advanced semiconductor wafers essential to AI applications, LEDs, and high-performance magnets.<\/p>\n

Financials:<\/b>\u00a0Estimated resource value of up to $USD 500 million.<\/p>\n

Albanese Government will invest up to $USD 200 million (equity).<\/p>\n

US Government will also invest in equity.<\/p>\n

Japan is funding Sojitz Corporation\u2019s half of the project (Australia-US-Alcoa funding Alcoa\u2019s half).<\/p>\n

Joint prospective investments:<\/b><\/p>\n

Arafura \u2013 Rare Earths Nolans Project Project NT<\/b><\/p>\n

\"\"<\/p>\n

Project will predominantly produce NdPr (neodymium and praseodymium) and has future plans to produce SEG\/Heavy rare earth oxides.<\/p>\n

Neodymium and praseodymium are a key component in the creation of strong permanent magnets used in electric motors for vehicles, night vision, precision guided missiles, aircraft engines, and fibre optic cables.<\/p>\n

As a result of this project, NdPr Oxide will be delivered to offtake partners globally as an oxide or metal for magnet making.<\/p>\n

Financials:<\/b>\u00a0Estimated resource value of $35.9 billion.<\/p>\n

The Albanese Government will invest $USD 100 million equity (in addition to existing $USD657 million investment).<\/p>\n

The US Government is considering investing up to $USD 300 million, following further due diligence.<\/p>\n

Northern Minerals \u2013 Heavy Rare Earths WA<\/b><\/p>\n

\"\"<\/p>\n

Project will produce xenotime concentrate containing heavy rare earths Dysprosium and Terbium.<\/p>\n

This project is among the highest-grade advanced rare earth projects globally for heavy rare earths (approximately 10% HRE).<\/p>\n

Dysprosium and Terbium are essential for high-performance magnets used in electric vehicles, control surfaces in defence aerospace equipment, and other industrial purposes.<\/p>\n

The Northern Minerals Project provides feedstock through a supply agreement with Iluka for processing at Eneabba facility.<\/p>\n

Financials<\/b>: Estimated resource value of ~$USD 385 million (provided by company).<\/p>\n

The Albanese Government will provide a letter of support through Export Finance Australia (EFA) with a financial commitment pending further due diligence.<\/p>\n

The US Government is providing support through an EXIM letter of interest for up to $USD 230 million.<\/p>\n

RZ Resources \u2013 Light and heavy rare earths NSW, QLD<\/b><\/p>\n

\"\"<\/p>\n

Project aims to produce a heavy mineral concentrate from the Copi Mine, with the mineral separation and processing plant producing high-grade titanium and zircon products.<\/p>\n

Rare earths are used in electronics, magnets, night vision and precision guided missiles, among other uses; titanium is used in aerospace, medical, transport, and other applications; zircon is primarily used in ceramic applications.<\/p>\n

Financials<\/b>: Estimated resource value of $USD 1.4 billion.<\/p>\n

The Albanese Government will provide a letter of support through EFA with a financial commitment pending further due diligence.<\/p>\n

The US Government is proving support through an EXIM letter of interest for up to $USD 450 million.<\/p>\n

JX Advanced metals (Japanese) $AUD 20 million.<\/p>\n

VHM \u2013 Goschen Rare Earth and Mineral Sands VIC<\/b><\/p>\n

\"\"<\/p>\n

Project aims to produce rare earth mineral concentrate and zircon-titania heavy mineral concentrate.<\/p>\n

Financials:<\/b> The US Government is proving support through an EXIM letter of interest for up to $USD 200 million.<\/p>\n

The Australian Government provided a letter of support for up to $AUD 75 million through EFA.<\/p>\n

Graphinex \u2013 Graphite mine and battery anode facility QLD<\/b><\/p>\n

\"\"<\/p>\n

Project aims to take graphite from the mine (mining and concentrating raw graphite) through refined high-grade concentrate to a manufactured active anode material, including producing premium battery anode.<\/p>\n

\u00a0The Esmerelda Graphite Project is the world\u2019s third largest deposit and Australia\u2019s largest deposit.<\/p>\n

Financials<\/b>: Estimated resource value of ~$AUD 1.8 billion (provided by company).<\/p>\n

The Albanese Government will provide a letter of support through EFA with a financial commitment pending further due diligence.<\/p>\n

The US Government is proving support through an EXIM letter of interest for up to $USD 860 million.<\/p>\n

Then we get to the “potential investments” that both countries will make.<\/p>\n

US potential investments:<\/b><\/p>\n

La Trobe Magnesium Plant VIC<\/b><\/p>\n

The project aims to produce magnesium metal, using a patented, sustainable process to produce magnesium from industrial waste. Magnesium alloys are used in aircraft components, weapon systems, and protective gear due to their strength and low weight.<\/p>\n

Financials:<\/b>\u00a0Estimated resource value of $USD 1.4 billion.<\/p>\n

The US Government is proving support through an EXIM letter of interest for up to $USD 122 million.<\/p>\n

EFA will be named in EXIM\u2019s letter of interest as jointly considering the project.<\/p>\n

Sunrise Energy Metals \u2013 Scandium\u00a0NSW<\/b><\/p>\n

Feasibility study due for completion Oct 2025.<\/p>\n

Among the largest and highest-grade scandium projects in the world. The site provides high-grade, shallow resource supporting decades of production, simple, low-cost mining. Scandium is used in alloys for aircraft, missile structures and hypersonic weapons and semiconductors.<\/p>\n

Financials:\u00a0<\/b>The US Government is proving support through an EXIM letter of interest for up to $USD 67 million.<\/p>\n

EFA will be named in EXIM\u2019s letter of interest as jointly considering the project.<\/p>\n

Australian potential investments:<\/b><\/p>\n

Iluka \u2013 Eneabba Refinery WA<\/b><\/p>\n

The project is looking to build on existing significant investments in the Iluka refinery to move up the value chain and support a metallisation plant at the site – providing an extraction to metals supply chain in rare earths.<\/p>\n

The project aims to produce approximately 24 per cent of total global heavy rare earths supply.<\/p>\n

Heavy rare earths are inputs to high-performance magnets used in electric vehicles, control surfaces in defence aerospace equipment, and other industrial purposes.<\/p>\n

The Eneabba Refinery has a processing agreement with Northern Minerals to supply their facility. Iluka is also pursuing metallisation plants in Australia and the US<\/p>\n

Financials<\/b>: The Australian Government has provided $AUD1.75 billion in loans to support the development of the Eneabba rare earths separation plant in WA (approx. $USD1.07billion), and is further considering support options for the metallisation plant.<\/p>\n

Nyrstar \u2013 Antimony SA, TAS<\/b><\/p>\n

Nyrstar seeks to recover antimony from Port Pirie tailings and produce metals. The project would be the only Western industrial-scale antimony refinery, uniquely licensed for hazardous concentrates. Antimony is used as ammunition primers, flame retardant materials and night vision goggles.<\/p>\n

Financials<\/b>: The Australian Government has provided a total of $AUD 135 million for Nyrstar\u2019s two smelters ($AUD 57.5 million from the Commonwealth government, $AUD 55 million from South Australia, and $AUD 22.5 million from Tasmania), part of which will be used to fund the antimony pilot project.<\/p>\n

The Albanese Government will provide a letter of support through EFA with a financial commitment pending further due diligence.<\/p>\n

Astron \u2013 Donald Rare Earth and mineral sands project VIC<\/b><\/p>\n

Project aims to initially produce heavy mineral concentrate and rare earth element concentrate, with later processing of heavy mineral concentrate to zircon and titanium products.<\/p>\n

The project is one of the world\u2019s largest zircon resources and rare-earth resources. Rare earths are used in electronics, magnets, night vision and precision guided missiles, among other uses; titanium is used in aerospace, medical, transport, and other applications; zircon is primarily used in ceramic applications.<\/p>\n

Financials: <\/b>The Albanese Government has provided a letter of support for up to $AUD 80 million through Export Finance Australia (EFA).<\/p>\n","protected":false},"excerpt":{"rendered":"We’ve received this fact sheet of the “initial pipeline” of the US-Australia critical minerals and rare earths framework:…\n","protected":false},"author":3,"featured_media":320473,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[17705,17707,7566,64,9400,1698,17711,135,17708,17706,67,132,68,3642],"class_list":{"0":"post-320472","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asx","9":"tag-australian-dollar","10":"tag-bitcoin","11":"tag-business","12":"tag-dow-jones","13":"tag-live-blog","14":"tag-live-update","15":"tag-markets","16":"tag-nyse","17":"tag-share-market","18":"tag-united-states","19":"tag-unitedstates","20":"tag-us","21":"tag-wall-street"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115410690160505283","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/320472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=320472"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/320472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/320473"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=320472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=320472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=320472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}