The Canadian federal government is engaged in discussions with mining and metals giant Rio Tinto to provide financial assistance in response to liquidity challenges caused by U.S. steel and aluminum tariffs. Industry Minister Mélanie Joly confirmed these talks amid concerns over the impact of the 50% tariffs imposed by the U.S. on Canadian aluminum producers.

Additionally, trade groups have indicated that Canada might offer financial backing to aluminum producers if the tariffs persist. Meanwhile, major commodities companies including Glencore, Rio Tinto, and Trafigura are seeking government support for Australian smelters. These companies cite high energy costs, weak refining margins, and increasing competition from China as factors threatening the viability of smelting operations in Australia.

Aluminerie Alouette, Canada’s largest independent aluminum smelter and 40% owned by Rio Tinto, said it will invest at least C$1.5 billion (US$1.1 billion) to modernize its facilities in Sept-Îles, Quebec. The company has pledged C$750 million by 2030, with the remainder to be spent by 2045, aiming to boost efficiency and extend the lifespan of the nearly 35-year-old plant.

The spending commitment is tied to a new electricity-pricing agreement in principle with Hydro-Québec that guarantees power supply through 2045. The risk-sharing tariff formula allows the provincial utility to capture more revenue when aluminum prices rise while lowering costs for the smelter during downturns, according to officials.

Quebec Premier François Legault announced the deal alongside Alouette executives, describing it as critical to keeping the energy-intensive industry competitive amid 50% U.S. import tariffs on Canadian aluminum. The plant employs about 950 workers and produces roughly 630,000 metric tons of aluminum a year, or one-fifth of the province’s output.

Rio Tinto and Hancock Prospecting have announced a joint investment of approximately $1.6 billion to develop the Hope Downs 2 iron ore project. This development marks a significant collaboration between the two companies in the mining sector. Separately, Aluminerie Alouette, an aluminum producer partially owned by Rio Tinto, plans to invest up to C$1.5 billion (around $1.1 billion) to modernize its facilities in northern Quebec. This investment follows a new electricity agreement that supports the smelter's operations.

Amid these developments, the Canadian federal government is reportedly in discussions with Rio Tinto regarding potential cash flow assistance in response to the impact of U.S. tariffs on metals. Additionally, there have been disruptions on the Trans-Canada Highway caused by an Ontario First Nation group protesting mining laws.

Australia has revised downward its forecast for earnings from commodity exports, as gains from a sharp increase in gold prices have not compensated for declines in iron ore and natural gas revenues. Total resource and energy export earnings are estimated to have fallen by approximately 7%. The ongoing trade tensions, particularly the trade war initiated by former U.S. President Donald Trump against China, are expected to further reduce Australia's commodity export income by an estimated $27 billion. This outlook has negatively impacted major Australian mining companies, with shares of Rio Tinto and BHP experiencing declines amid the weaker export earnings forecast.

Rio Tinto and Gina Rinehart’s Hancock Prospecting will jointly spend about $1.6 billion to develop the Hope Downs 2 iron ore mine in Western Australia’s Pilbara region, the companies said on Tuesday.

The partners expect to begin producing initial ore in 2027, adding new supply from one of the world’s most prolific iron-ore hubs. Hope Downs 2 is an extension of the existing Hope Downs complex, which Rio Tinto operates with Hancock under a long-standing joint venture.

The U.S. Supreme Court, in Seven County Infrastructure Coalition v. Eagle County, unanimously narrowed the scope of the National Environmental Policy Act (NEPA) for federal project reviews. The Court held that agencies, such as the Surface Transportation Board, are required to evaluate only the environmental impacts of the project under review, such as the Utah railroad project, and not the indirect or downstream effects of related or future projects.

Read more

Rio Tinto and China Baowu Steel Group have officially launched the Western Range iron ore mine in Western Australia, marking a new phase in their joint venture amid ongoing uncertainty caused by the US's 145% tariffs on Chinese steel products. The China Baowu Group Chairman described the project as a model of China-Australia economic and trade cooperation. Meanwhile, Rio Tinto's board has approved development work to begin under an alternative plan for the Oyu Tolgoi copper mine in Mongolia, with ongoing discussions involving Entrée Resources and the Mongolian government regarding license transfers for mining in the Entrée joint venture area. In Australia, Rio Tinto is engaged in multibillion-dollar bailout talks with federal and state governments to support its Tomago aluminum smelter in New South Wales, the country's largest electricity consumer, which is facing challenges from rising energy costs. Additionally, US-Australian coal producer Coronado is negotiating with Australian state-owned electricity generator Stanwell for a A$150 million ($98 million) financing deal in exchange for thermal coal supply to support Coronado's cash-strapped coking coal business. Separately, Australian mining company Fortescue has applied to build a renewables hub, signaling a move towards sustainable energy development.

The European Union has designated Rio Tinto's Jadar lithium mining project in Serbia as a strategic initiative under the Critical Raw Materials Act. This designation underscores the EU's efforts to boost domestic production of critical materials, including lithium, which is essential for the continent's energy transition and technology sectors. Despite the project's strategic status, it has not received formal local approval in Serbia and reportedly proceeded with the tacit consent of Belgrade authorities. The initiative faces opposition from local Serbian farmers who have vowed to continue resisting the project due to environmental and social concerns. Meanwhile, in the broader European context, countries like Czechia are exploring their own lithium reserves, highlighting a regional push to secure critical raw materials amid debates over economic benefits and environmental impacts.

The European Commission has approved 13 new strategic raw material projects located outside the European Union, aiming to diversify the bloc's supply of critical minerals essential for the energy transition, defense, and aerospace industries.

The projects, selected under the Critical Raw Materials Act (CRMA), require an estimated €5.5 billion ($6.27 billion) in capital investment and will receive coordinated financial and technical support from the Commission, EU member states, and financial institutions.

Read more

The US Supreme Court has dismissed an appeal by a Native American group opposing Rio Tinto Plc's construction of North America's largest copper mine in Arizona, which they argued would destroy a sacred area. Following this legal clearance, Rio Tinto has entered into a Co-Management Agreement with the PKKP Aboriginal Corporation. The agreement includes a new management plan for the site, which is notable for the destruction of ancient caves. This development marks a significant step forward in the project's progress amid ongoing concerns about cultural and environmental impacts.

Glencore has consolidated its global coal and ferroalloy assets under a single company registered in Australia. The mining and trading giant is managing all its coal assets through this Australian unit. The restructuring involves shifting approximately $22 billion in assets to the Australian subsidiary. Industry observers suggest this move could be a strategic step in preparation for a potential mega merger with Rio Tinto.

The US Supreme Court has declined to hear an appeal from Apache Stronghold, a Native American advocacy group, seeking to block the construction of the Resolution Copper mine on federal land in Arizona known as Oak Flat. The 6-2 decision, with Justice Samuel Alito recused, leaves in place a lower court ruling that allows the project to proceed, including the transfer of 2,422 acres of Oak Flat to mining companies Rio Tinto and BHP Group, which own Resolution Copper (55% Rio Tinto, 45% BHP).

Read more

Chile's national mining company Enami has partnered with Anglo-Australian miner Rio Tinto to explore and develop the Altoandinos project, the largest undeveloped lithium deposit in the country. The venture aims to begin lithium production by 2032, relying on unproven extraction technology and anticipating a rebound in lithium prices. This development is part of Rio Tinto's broader regional expansion in lithium mining, seeking operational synergies. Meanwhile, in Argentina, NGEx Minerals has discovered a large copper-gold porphyry deposit in Lunahuasi, San Juan, with high-grade copper equivalent concentrations of up to 4.35%, positioning Argentina as a strategic player in the global energy transition. The growth in copper and lithium projects is driving mining sector expansion in Argentina, although gold mining faces challenges. The United States is also focusing on breaking China's dominance in lithium supply, with new technologies extracting lithium from underground brines under consideration.

Rio Tinto, the world’s second-largest mining company, announced that Chief Executive Officer Jakob Stausholm will step down later this year. Stausholm, who has led the company for over four years, took charge following global criticism related to the destruction of ancient rock shelters in Western Australia. During his tenure, he oversaw a major strategic shift towards lithium investments and implemented a cultural overhaul aimed at addressing workplace toxicity. The decision to replace Stausholm was unexpected and has prompted Rio Tinto to initiate a broad search for a new CEO, highlighting the company’s desire for leadership that can guide it into the future amid challenges such as fluctuating lithium prices and industry cost pressures. The announcement comes amid wider executive changes in the mining sector, including the resignation of Fortescue Energy’s CEO.

Rio Tinto has announced the commencement of early works and final engineering studies to increase bauxite production capacity at its Amrun mine located on Queensland's Cape York Peninsula. The project aims to nearly double annual bauxite output from the current 23 million tonnes at the Weipa Southern operations to up to 43 million tonnes by as early as 2029. This expansion is part of Rio Tinto's broader strategy to boost production in the region. Meanwhile, environmental concerns have been raised regarding the potential 50-year extension of the North West Shelf gas export terminal, which includes Woodside's Burrup Hub expansion. The extension could result in annual emissions of up to 132 million tonnes, exceeding the combined emissions of all coal power stations in Australia. The Murujuga rock art, a culturally significant heritage site in Australia, faces threats from this proposed extension, prompting calls for its protection by environmental groups and cultural advocates.

Rio Tinto Ltd is investing C$1.7 billion (US$1.2 billion) to modernize its 99-year-old Isle-Maligne hydroelectric power plant in Quebec, aiming to enhance operational efficiency and sustainability. This modernization project is planned to be completed by 2032 despite the tariffs imposed by the Trump administration on Canadian aluminum imports. Meanwhile, Fortescue Metals Group, an Australian mining giant, is investing in Morocco's renewable energy and green hydrogen sectors. Commodity trader Mercuria Energy Group Ltd has amassed a large position of over 1 million tons of aluminum on the London Metal Exchange, betting that any easing of sanctions against Moscow would tighten the aluminum market. The front curve of aluminum futures has flipped into backwardation, with particular attention on May and June expiries. Additionally, Indian steel producer JSW plans to spend Rs 1.3 lakh crore to reach a 30GW capacity by 2030.

Rio Tinto has established a subsidiary in Chile with a focus on lithium, signaling a strategic shift in its operations. Meanwhile, Chilean state-owned copper producer Codelco and Rio Tinto have expanded their partnership beyond the Nuevo Cobre project by signing an agreement to jointly develop an adjacent mining district in northern Chile. This expanded collaboration aims to enhance mining activities in the region. Additionally, Codelco and Chilean state mining company Enami are finalizing the selection of a key partner. China's interest in Codelco's growing role in the lithium sector is also under review ahead of its approval of an agreement with Sociedad Quimica y Minera de Chile (SQM) concerning the Salar de Atacama lithium project. The developments highlight increased cooperation among major mining entities in Chile's copper and lithium sectors amid evolving market dynamics.

A series of federal judges have issued rulings that block or limit actions taken by the Trump administration. A judge ruled that former President Trump cannot use the Pentagon to bypass deportation restrictions. Another federal judge blocked the administration's efforts to dismantle three government agencies. Additionally, courts temporarily halted the Trump administration from imposing new conditions on housing and transit funding for cities including New York City, San Francisco, Seattle, and Boston, specifically preventing the withdrawal of funds over anti-diversity, equity, and inclusion (DEI) rules or other grant conditions related to homelessness and transit services.

Legal challenges have also targeted executive orders aimed at law firms, with firms like Perkins Coie LLP successfully contesting punitive orders, and others such as Cadwalader, Wickersham & Taft striking deals with the administration that have nonetheless led to lawyer departures and operational uncertainty. Judges have emphasized that the administration cannot circumvent injunctions related to sanctuary cities funding. In a separate case, a federal judge temporarily blocked the Trump administration from transferring land to mining companies Rio Tinto and BHP for a copper mine project opposed by Native American groups, citing ongoing Supreme Court deliberations. These rulings collectively reflect judicial checks on the administration's executive actions across multiple policy areas including immigration, housing, legal practice regulation, and land use for mining.

Anglo American shareholders have voted overwhelmingly in favor of the demerger of Anglo American Platinum (Amplats), with approximately 99.9% of the votes supporting the separation of the South African unit as part of the company's restructuring efforts.

In a separate development, Rio Tinto shareholders rejected a proposal by activist investor Palliser Capital to review the company's dual-listed structure in Sydney and London. Only 19.35% of shareholders voted in favor of the review, falling short of the 20% threshold that would have required further consultation under UK regulations.

The rejection of the dual-listing review at Rio Tinto reflects the board's stance that a unified listing structure is not in the company's best interest, despite Palliser Capital's argument that unifying into a single holding company in Australia could unlock significant value for shareholders.

The Trump administration has announced plans to approve a land swap in Arizona that would enable the development of the Oak Flat copper mine, one of the world's largest copper mining projects, by Resolution Copper, a joint venture between Rio Tinto and BHP.

The U.S. Forest Service issued notice that it will publish a final environmental review and draft decision on the transfer of land in the Tonto National Forest, known as Oak Flat or Chi’chil Biłdagoteel in Apache, to Resolution Copper. The land transfer is fiercely opposed by Native American groups, particularly the San Carlos Apache Tribe, who consider Oak Flat a sacred site used for religious ceremonies. Environmentalists have also described the area as a 'biological gem.'

Read more

The Canadian federal government is engaged in discussions with mining and metals giant Rio Tinto to provide financial assistance in response to liquidity challenges caused by U.S. steel and aluminum tariffs. Industry Minister Mélanie Joly confirmed these talks amid concerns over the impact of the 50% tariffs imposed by the U.S. on Canadian aluminum producers.

Additionally, trade groups have indicated that Canada might offer financial backing to aluminum producers if the tariffs persist. Meanwhile, major commodities companies including Glencore, Rio Tinto, and Trafigura are seeking government support for Australian smelters. These companies cite high energy costs, weak refining margins, and increasing competition from China as factors threatening the viability of smelting operations in Australia.

Aluminerie Alouette, Canada’s largest independent aluminum smelter and 40% owned by Rio Tinto, said it will invest at least C$1.5 billion (US$1.1 billion) to modernize its facilities in Sept-Îles, Quebec. The company has pledged C$750 million by 2030, with the remainder to be spent by 2045, aiming to boost efficiency and extend the lifespan of the nearly 35-year-old plant.

The spending commitment is tied to a new electricity-pricing agreement in principle with Hydro-Québec that guarantees power supply through 2045. The risk-sharing tariff formula allows the provincial utility to capture more revenue when aluminum prices rise while lowering costs for the smelter during downturns, according to officials.

Quebec Premier François Legault announced the deal alongside Alouette executives, describing it as critical to keeping the energy-intensive industry competitive amid 50% U.S. import tariffs on Canadian aluminum. The plant employs about 950 workers and produces roughly 630,000 metric tons of aluminum a year, or one-fifth of the province’s output.

Rio Tinto and Hancock Prospecting have announced a joint investment of approximately $1.6 billion to develop the Hope Downs 2 iron ore project. This development marks a significant collaboration between the two companies in the mining sector. Separately, Aluminerie Alouette, an aluminum producer partially owned by Rio Tinto, plans to invest up to C$1.5 billion (around $1.1 billion) to modernize its facilities in northern Quebec. This investment follows a new electricity agreement that supports the smelter's operations.

Amid these developments, the Canadian federal government is reportedly in discussions with Rio Tinto regarding potential cash flow assistance in response to the impact of U.S. tariffs on metals. Additionally, there have been disruptions on the Trans-Canada Highway caused by an Ontario First Nation group protesting mining laws.

Australia has revised downward its forecast for earnings from commodity exports, as gains from a sharp increase in gold prices have not compensated for declines in iron ore and natural gas revenues. Total resource and energy export earnings are estimated to have fallen by approximately 7%. The ongoing trade tensions, particularly the trade war initiated by former U.S. President Donald Trump against China, are expected to further reduce Australia's commodity export income by an estimated $27 billion. This outlook has negatively impacted major Australian mining companies, with shares of Rio Tinto and BHP experiencing declines amid the weaker export earnings forecast.

Rio Tinto and Gina Rinehart’s Hancock Prospecting will jointly spend about $1.6 billion to develop the Hope Downs 2 iron ore mine in Western Australia’s Pilbara region, the companies said on Tuesday.

The partners expect to begin producing initial ore in 2027, adding new supply from one of the world’s most prolific iron-ore hubs. Hope Downs 2 is an extension of the existing Hope Downs complex, which Rio Tinto operates with Hancock under a long-standing joint venture.

The U.S. Supreme Court, in Seven County Infrastructure Coalition v. Eagle County, unanimously narrowed the scope of the National Environmental Policy Act (NEPA) for federal project reviews. The Court held that agencies, such as the Surface Transportation Board, are required to evaluate only the environmental impacts of the project under review, such as the Utah railroad project, and not the indirect or downstream effects of related or future projects.

Read more

Rio Tinto and China Baowu Steel Group have officially launched the Western Range iron ore mine in Western Australia, marking a new phase in their joint venture amid ongoing uncertainty caused by the US's 145% tariffs on Chinese steel products. The China Baowu Group Chairman described the project as a model of China-Australia economic and trade cooperation. Meanwhile, Rio Tinto's board has approved development work to begin under an alternative plan for the Oyu Tolgoi copper mine in Mongolia, with ongoing discussions involving Entrée Resources and the Mongolian government regarding license transfers for mining in the Entrée joint venture area. In Australia, Rio Tinto is engaged in multibillion-dollar bailout talks with federal and state governments to support its Tomago aluminum smelter in New South Wales, the country's largest electricity consumer, which is facing challenges from rising energy costs. Additionally, US-Australian coal producer Coronado is negotiating with Australian state-owned electricity generator Stanwell for a A$150 million ($98 million) financing deal in exchange for thermal coal supply to support Coronado's cash-strapped coking coal business. Separately, Australian mining company Fortescue has applied to build a renewables hub, signaling a move towards sustainable energy development.

The European Union has designated Rio Tinto's Jadar lithium mining project in Serbia as a strategic initiative under the Critical Raw Materials Act. This designation underscores the EU's efforts to boost domestic production of critical materials, including lithium, which is essential for the continent's energy transition and technology sectors. Despite the project's strategic status, it has not received formal local approval in Serbia and reportedly proceeded with the tacit consent of Belgrade authorities. The initiative faces opposition from local Serbian farmers who have vowed to continue resisting the project due to environmental and social concerns. Meanwhile, in the broader European context, countries like Czechia are exploring their own lithium reserves, highlighting a regional push to secure critical raw materials amid debates over economic benefits and environmental impacts.

The European Commission has approved 13 new strategic raw material projects located outside the European Union, aiming to diversify the bloc's supply of critical minerals essential for the energy transition, defense, and aerospace industries.

The projects, selected under the Critical Raw Materials Act (CRMA), require an estimated €5.5 billion ($6.27 billion) in capital investment and will receive coordinated financial and technical support from the Commission, EU member states, and financial institutions.

Read more

The US Supreme Court has dismissed an appeal by a Native American group opposing Rio Tinto Plc's construction of North America's largest copper mine in Arizona, which they argued would destroy a sacred area. Following this legal clearance, Rio Tinto has entered into a Co-Management Agreement with the PKKP Aboriginal Corporation. The agreement includes a new management plan for the site, which is notable for the destruction of ancient caves. This development marks a significant step forward in the project's progress amid ongoing concerns about cultural and environmental impacts.

Glencore has consolidated its global coal and ferroalloy assets under a single company registered in Australia. The mining and trading giant is managing all its coal assets through this Australian unit. The restructuring involves shifting approximately $22 billion in assets to the Australian subsidiary. Industry observers suggest this move could be a strategic step in preparation for a potential mega merger with Rio Tinto.

The US Supreme Court has declined to hear an appeal from Apache Stronghold, a Native American advocacy group, seeking to block the construction of the Resolution Copper mine on federal land in Arizona known as Oak Flat. The 6-2 decision, with Justice Samuel Alito recused, leaves in place a lower court ruling that allows the project to proceed, including the transfer of 2,422 acres of Oak Flat to mining companies Rio Tinto and BHP Group, which own Resolution Copper (55% Rio Tinto, 45% BHP).

Read more

Chile's national mining company Enami has partnered with Anglo-Australian miner Rio Tinto to explore and develop the Altoandinos project, the largest undeveloped lithium deposit in the country. The venture aims to begin lithium production by 2032, relying on unproven extraction technology and anticipating a rebound in lithium prices. This development is part of Rio Tinto's broader regional expansion in lithium mining, seeking operational synergies. Meanwhile, in Argentina, NGEx Minerals has discovered a large copper-gold porphyry deposit in Lunahuasi, San Juan, with high-grade copper equivalent concentrations of up to 4.35%, positioning Argentina as a strategic player in the global energy transition. The growth in copper and lithium projects is driving mining sector expansion in Argentina, although gold mining faces challenges. The United States is also focusing on breaking China's dominance in lithium supply, with new technologies extracting lithium from underground brines under consideration.

Rio Tinto, the world’s second-largest mining company, announced that Chief Executive Officer Jakob Stausholm will step down later this year. Stausholm, who has led the company for over four years, took charge following global criticism related to the destruction of ancient rock shelters in Western Australia. During his tenure, he oversaw a major strategic shift towards lithium investments and implemented a cultural overhaul aimed at addressing workplace toxicity. The decision to replace Stausholm was unexpected and has prompted Rio Tinto to initiate a broad search for a new CEO, highlighting the company’s desire for leadership that can guide it into the future amid challenges such as fluctuating lithium prices and industry cost pressures. The announcement comes amid wider executive changes in the mining sector, including the resignation of Fortescue Energy’s CEO.

Rio Tinto has announced the commencement of early works and final engineering studies to increase bauxite production capacity at its Amrun mine located on Queensland's Cape York Peninsula. The project aims to nearly double annual bauxite output from the current 23 million tonnes at the Weipa Southern operations to up to 43 million tonnes by as early as 2029. This expansion is part of Rio Tinto's broader strategy to boost production in the region. Meanwhile, environmental concerns have been raised regarding the potential 50-year extension of the North West Shelf gas export terminal, which includes Woodside's Burrup Hub expansion. The extension could result in annual emissions of up to 132 million tonnes, exceeding the combined emissions of all coal power stations in Australia. The Murujuga rock art, a culturally significant heritage site in Australia, faces threats from this proposed extension, prompting calls for its protection by environmental groups and cultural advocates.

Rio Tinto Ltd is investing C$1.7 billion (US$1.2 billion) to modernize its 99-year-old Isle-Maligne hydroelectric power plant in Quebec, aiming to enhance operational efficiency and sustainability. This modernization project is planned to be completed by 2032 despite the tariffs imposed by the Trump administration on Canadian aluminum imports. Meanwhile, Fortescue Metals Group, an Australian mining giant, is investing in Morocco's renewable energy and green hydrogen sectors. Commodity trader Mercuria Energy Group Ltd has amassed a large position of over 1 million tons of aluminum on the London Metal Exchange, betting that any easing of sanctions against Moscow would tighten the aluminum market. The front curve of aluminum futures has flipped into backwardation, with particular attention on May and June expiries. Additionally, Indian steel producer JSW plans to spend Rs 1.3 lakh crore to reach a 30GW capacity by 2030.

Rio Tinto has established a subsidiary in Chile with a focus on lithium, signaling a strategic shift in its operations. Meanwhile, Chilean state-owned copper producer Codelco and Rio Tinto have expanded their partnership beyond the Nuevo Cobre project by signing an agreement to jointly develop an adjacent mining district in northern Chile. This expanded collaboration aims to enhance mining activities in the region. Additionally, Codelco and Chilean state mining company Enami are finalizing the selection of a key partner. China's interest in Codelco's growing role in the lithium sector is also under review ahead of its approval of an agreement with Sociedad Quimica y Minera de Chile (SQM) concerning the Salar de Atacama lithium project. The developments highlight increased cooperation among major mining entities in Chile's copper and lithium sectors amid evolving market dynamics.

A series of federal judges have issued rulings that block or limit actions taken by the Trump administration. A judge ruled that former President Trump cannot use the Pentagon to bypass deportation restrictions. Another federal judge blocked the administration's efforts to dismantle three government agencies. Additionally, courts temporarily halted the Trump administration from imposing new conditions on housing and transit funding for cities including New York City, San Francisco, Seattle, and Boston, specifically preventing the withdrawal of funds over anti-diversity, equity, and inclusion (DEI) rules or other grant conditions related to homelessness and transit services.

Legal challenges have also targeted executive orders aimed at law firms, with firms like Perkins Coie LLP successfully contesting punitive orders, and others such as Cadwalader, Wickersham & Taft striking deals with the administration that have nonetheless led to lawyer departures and operational uncertainty. Judges have emphasized that the administration cannot circumvent injunctions related to sanctuary cities funding. In a separate case, a federal judge temporarily blocked the Trump administration from transferring land to mining companies Rio Tinto and BHP for a copper mine project opposed by Native American groups, citing ongoing Supreme Court deliberations. These rulings collectively reflect judicial checks on the administration's executive actions across multiple policy areas including immigration, housing, legal practice regulation, and land use for mining.

Anglo American shareholders have voted overwhelmingly in favor of the demerger of Anglo American Platinum (Amplats), with approximately 99.9% of the votes supporting the separation of the South African unit as part of the company's restructuring efforts.

In a separate development, Rio Tinto shareholders rejected a proposal by activist investor Palliser Capital to review the company's dual-listed structure in Sydney and London. Only 19.35% of shareholders voted in favor of the review, falling short of the 20% threshold that would have required further consultation under UK regulations.

The rejection of the dual-listing review at Rio Tinto reflects the board's stance that a unified listing structure is not in the company's best interest, despite Palliser Capital's argument that unifying into a single holding company in Australia could unlock significant value for shareholders.

The Trump administration has announced plans to approve a land swap in Arizona that would enable the development of the Oak Flat copper mine, one of the world's largest copper mining projects, by Resolution Copper, a joint venture between Rio Tinto and BHP.

The U.S. Forest Service issued notice that it will publish a final environmental review and draft decision on the transfer of land in the Tonto National Forest, known as Oak Flat or Chi’chil Biłdagoteel in Apache, to Resolution Copper. The land transfer is fiercely opposed by Native American groups, particularly the San Carlos Apache Tribe, who consider Oak Flat a sacred site used for religious ceremonies. Environmentalists have also described the area as a 'biological gem.'

Read more