Shares in Two Australian Miners Surge on Government Loans

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Bloomberg News

Australian Government,Energy Transition,Anthony Albanese

(Bloomberg) -- The Australian government will provide a combined A$585 million ($375 million) in loans to two miners as it seeks to build a domestic industry...

-- The Australian government will provide a combined A$585 million in loans to two miners as it seeks to build a domestic industry for the metals and minerals that are key to the energy transition .Powell Signals Rate-Cut Delay After Run of Inflation Surprises

Australia has been ramping up its critical minerals industry in recent years to capitalize on its vast domestic reserves of the materials which are used in everything from electric vehicle batteries to solar panels and military equipment. On Tuesday, the second day of former President Donald Trump’s hush money trial, Judge Juan Merchan rebuked defense lawyers after Trump was heard muttering his disapproval of an answer given by a potential juror in the case.Viewers Think Laura Ingraham Just Made A Big Admission Of Guilt For TrumpPhoto Illustration by Thomas Levinson/The Daily Beast/GettyThe jurors haven’t even been selected yet. The trial really hasn’t even started.

Source: News Formal (newsformal.com)

Australian Government Energy Transition Anthony Albanese

 

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