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One of Brisbane's best small restaurants arrives at Fish Lane

One of Brisbane's best small restaurants arrives at Fish Lane

The Agea day ago
Eating out Food
Two of the city's best young chefs now have a home fit for their talents. They're cooking seasonally inspired local produce accompanied by Aussie wines.
Clarence is complete.
Yes, Ben McShane and Matt Kuhnemann's new 60-seat take on Clarence in Fish Lane, in a ground floor tenancy of the Cremorne apartment building, is finished, and looks fetching in all its Alkot Studio-designed finery.
But Clarence as a concept finally feels complete.
The restaurant's original premises in the old Shop Row building on Stanley Street in Woolloongabba were intended to skate through on their heritage charm – all the better to keep the focus on McShane's food – and they did for a while.
But as McShane and then Kuhnemann's ideas grew in intention and execution, the old brick lined space seemed less fit for purpose. And it was a pain to get to, meaning the restaurant never attracted the number of diners it deserved. And not for lack of effort, either: the Clarence team at one point added to the kitchen out front, and ran a brilliant but short-lived deli operation during the day
Talking to McShane and Kuhnemann about these days, and you sense the frustration. But that's in part because it's packaged with a relief to be in these new premises.
'With the old space you had those restrictions of a 130-year-old building,' McShane says. 'You can't get bigger bits of equipment through the door. To change the hoods is too much.'
'It felt like we were scrapping, just trying to make something happen,' Kuhnemann adds. 'It never felt permanent. It always felt like we were just trying to pull something together, and this feels like everything's been done intentionally for the purpose of being in this restaurant.'
The new Clarence exists in a corner tenancy where Fish Lane crosses Merivale Street. Yes, it's brand new but Alkot's design has leant it a charming, lived-in feel with a purposeful use of materials such as ribbed timber, globe pendents, green and white tiled walls, and green upholstered banquettes and seating.
Counter seating is a neat addition, allowing you to get up close and personal with the chefs – something that should suit Clarence particularly well – and McShane's brother, Ryan McShane (who from day one has been responsible for the restaurant's cute branding) has contributed a pair of vibrant artworks.
Outside, instead of cars jammed along Stanley Street, it's pedestrians wandering the strip from Lune at one end of the lane to Julius at the other, or vice versa.
If the old Clarence sometimes felt like a long-term pop-up, the new Clarence feels like it belongs.
The food has had minor changes as well. McShane and Kuhnemann still intend to keep it seasonal and hero producers such as Tommerup's Dairy Farm and Neighbourhood Farm, but they talk about there being a little more permanence on the menu.
Appetisers and entrees include Nashville-seasoned tropical rock lobster with pickles and white bread, Jerusalem artichokes with a sunflower miso cream and yuzu, and gnocchi served with caviar and a dashi cream.
For mains, there's wild caught barramundi with dill-pickle butter and carrots, dry-aged duck with witlof and a cumquat yuzu kosho, and a rack of wild-shot venison with blueberry and beetroot.
There's a couple of mains to share – a half coral trout meuniere, and a five-score grass-fed sirloin – and a three-course prix-fixe menu for $85 per person. There's also a cold and raw seafood menu that includes yellowfin tuna with peas, grapefruit and ginger; and Hervey Bay scallop with tiger milk, caper and radish.
'Our draft menu was quite seafood heavy and I think we've even doubled down on that a little bit,' McShane says. 'We're pushing that cold seafood side a little bit more. We have this amazing access to seafood and that was a way to showcase that.'
Wines are still all Australian, with front-of-house manager Zoe Mahoney managing a list that now runs close to 100 bottles.
'We have some realms we like to work in with the Australian wines,' Mahoney says. 'We have some smashable stuff but then we have wines that can really converse well with the food.'
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The ASX has another scorcher, with equities again reaching new highs. Materials stole the show on a positive week Down Under and the beleaguered lithium and rare earths sectors led the charge. Perth-based lithium giant Pilbara Minerals saw its share price surge nearly 22 per cent on news that global battery heavyweight CATL had closed some of China major mines. Australian employment data came back better than expected, cracking a low 4.2 per cent unemployment rate with 25,000 jobs added last month. The positive numbers were mostly due to population figures decreasing -and not because Australians are having fewer babies. The solid numbers slashed hopes for a September rate cut to a mere 35 per cent, and unfortunately, United States data also came back with higher-than-expected inflation. This led to the inevitable 'this is not a time for investors to panic but rather focus on fundamentals' calls from the wealth management big wigs. 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By ditching costly tank leaching for a heap leach pad, the company has eliminated complex steps such as clay washing, using energy-intensive filters and recycling about 80 per cent of its acid, which is its most costly operational input. OD6 says its product should fetch a premium thanks to its high percentage of the magnet rare earths neodymium, praseodymium, dysprosium and terbium. It also has ultra-low levels of impurities uranium and thorium. The company's share price rocketed 250 per cent on Wednesday and Thursday to peak at 10.5 cents from last week's 3c close, fuelled by a massive $5 million in stock traded. OD6 will now court off-take partners across North America, Europe and Asia for its massive 682 million tonne resource at 1338 parts per million (ppm) TREO. 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Mount Ridley's eponymous project is just a stone's throw from Splinter Rock and hosts its own smaller, but still considerable, 168-million-tonne clay-hosted resource grading at 1201ppm TREO. The company says mineralisation at the project is highly analogous to OD6's clays and that previous hydrochloric acid leaching tests positions it as a dark horse to compete on the same field as its more advanced sibling. Mount Ridley kicked off its own capital raise on the week, spelling out a $830,000 raise and rights combo to advance its metallurgical testwork with ANSTO, mirroring OD6's heap leach innovations. The project's proximity to Splinter Rock and shared geological traits have given it a second chance at life. For now, this Esperance underdog is riding the sector's tailwinds, but with the world eager to get its hands on a Western rare earths supply, there looks to be plenty of upside left in this $3 million market cap minnow. 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The company's share price rocketed to close the week at 3.3c today, up 200 per cent from 1.1c last week, on more than $9 million in stock traded. The company's ability to scale for heavy workloads, such as data migrations, while optimising daily operations costs has got the sector talking. Activeport's rapid customer uptake signals it as a strong market fit, allowing Private-Cloud Connect to leverage Australia's growing colocation infrastructure. The company's early dominance has its eyeing partnerships to scale its network into Asia and beyond. With the ASX buzzing over tech innovators, some Aussie darlings are seemingly showing their metal. ENERGY TRANSITION MINERALS LIMITED (ASX: ETM) Up 180% (5.5c – 15c) Closing out the Runners list this week is another rare earths hopeful in Energy Transition Minerals (ETM), which last week strategically scooped up its Penouta tin-tantalum-niobium mine in Galicia, Spain, for €5.2 million (A$9.2m) through an insolvency process. Surprisingly, that wasn't why the company's share price was running. Despite its promising new project, a feature story on Channel Nine's 60 Minutes program on Sunday really got ETM's stock going. Company management rather cheekily suggested on air that there were billions to tens of billions of dollars' worth of value in the ground at its Kvanefjeld rare earths project in southern Greenland, which is owned through an ETM subsidiary. This was followed by a quick retraction followed on Monday, but the company's share price was already humming. It shot from 5.5c to 15c intraday on a massive $13 million in stock traded. As the 60 Minutes' segment highlighted, Greenland is now and has long been opposed to mining, which might be why ETM added its Penouta project to the fold last week. The tin mine looks an absolute steal and has a shot at operating in the near term. Its existing infrastructure includes a new 1-million-tonne per annum gravity processing plant, which is primed for a restart, pending Spanish regulatory approvals. Acquired at a steep discount from its €28 million ($49.5 million) historical cost, Penouta's sunk capital and recent operation has ETM saying it offers a low-risk bet in a promising tin market experiencing its own supply squeezes. Penouta has a 1.1-billion-tonne rare earths resource, which complements its near-term cash flow potential. Additionally, ETM is freshly cashed up to navigate the project's regulatory approvals process and any permitting hurdles. One thing's for sure, if it can use its Spain proceeds to pull off its mammoth mine in Greenland, ETM will be on its way to becoming a powerhouse rare earths provider on a global scale. Is your ASX-listed company doing something interesting? Contact:

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