Australia Briefing

Critical Minerals Stocks Jump as US Signals Purchases

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Bloomberg

Good morning, Rich Henderson in Bloomberg’s Melbourne bureau with the latest headlines...

Today’s must-reads:

Critical minerals stocks are on a tear from signs the US may purchase equity stakes in companies, sending the likes of Australia-listed Resolution Minerals up 56% Tuesday.

Rio Tinto grew copper output 10% in the third quarter from the year before as the mining behemoth ramped up production.