Guy on Rocks: Brazilian Critical Minerals an REE rarity
This week, Guy Le Page looks at the reemerging interest in rare earth markets before turning to an interesting player in Brazilian Critical Minerals (ASX:BCM) who is showing up to be the bearer of one of the first in-situ recovery projects to lie outside of Chinese borders.
Tune in to hear more.
While Brazilian Critical Minerals did not collaborate on this video, it is a Stockhead advertiser at the time of publishing.
The views, information, or opinions expressed in this video are solely those of the author and do not represent the views of Stockhead.
Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in this article. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
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News.com.au
3 hours ago
- News.com.au
Craig Hutchison's rise from Footy Show bombing to media mogul
2017 was a big year for media mogul Craig Hutchison. Not only did he become the owner of a radio station, he also took over as the lead host of the iconic The Footy Show, thanks to James Brayshaw's contract war with Channel Nine. Garry Lyon had already left the show in 2016 and Hutchison had been the host of the Sunday Footy Show and Footy Classified and was one of the most high-profile choices available in Nine's stable. 'Hutchy' was following in the footsteps of one of his idols in Eddie McGuire — taking the hot seat on one of the country's longest-running shows. But the revamped version of the Thursday night staple bombed, and Hutchison was outed in July that year and McGuire back in the hosting chair, a stinging blow. 'To me Eddie McGuire was where he wanted to be, he modelled himself on Eddie,' Hutchison's former colleague at the Herald Sun, Jon Anderson, said. The final straw was Hutchison's co-star Sam Newman delivering a silent protest after being muzzled by the network on certain topics. 'I've always been one of those polarising guys,' Hutchison said on SEN radio the day after his Footy Show sacking. That blow may have however, helped create a media empire, as Hutchison expanded his SEN horizons, bringing on massive names across the country including Matty Johns in Sydney, Ian Healy in Brisbane, Adam Gilchrist in Perth and Garry Lyon and Tim Watson in Melbourne. But the rise of SEN hasn't always been linear, with Sports Entertainment Group losing $9.2 million in a year and racing against a deadline to pay a $28 million Commonwealth Bank loan in late 2023. Hutchison had been in preliminary meetings about selling the company before a buyer appeared for his NBL team, the Perth Wildcats. The deal valued the Wildcats at $40m, with $21 million paid in August 2024, another $15m in to be paid in June 2026 and a final $4 million in June 2028, which wiped out the debt that may have crippled his company. Hutchison is still in the hosting chair however, leading the way in Channel 7's revamped football coverage as the host of The Agenda Setters on Monday nights. The move from Nine to Seven was not without creating some headlines, as Hutchison took with him the opinionated Kane Cornes and his long-time friend Caroline Wilson to spearhead a new era. Wilson, who is one of the few people to call him Craig, often drove Hutchison home after filming Footy Classified each week for 17 years. But that close friendship hasn't held the two back from their own on-air frost on set, with the two arguing about a joke Wilson recently made about Hutchison's brutal axing of talent at RSN.
ABC News
3 hours ago
- ABC News
Banks to refund $60m of 'excessive' fees but CommBank withholds $270m
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The latest ASIC report stated ANZ would commit to return $47.9 million, Westpac promised more than $9.9 million, while eligible Bendigo Bank customers will receive a share of $155,000. But the corporate regulator said Commonwealth Bank — including subsidiary Bankwest — would not refund the $270 million it had charged low-income customers between July 2019 and October 2024. Instead the bank said it would move 1.5 million eligible customers to a yet-to-be-approved 'new nominal fee account'. "That will address problems going forward for those people, but what it doesn't do is set things right for the fees they've been charged in the past," ASIC commissioner Alan Kirkland said. It is a similar story in other regional and remote communities. In Djarindjin, almost 200 kilometres away from the nearest bank branch, residents said there was confusion over who was entitled for a refund. 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A Commonwealth Bank spokesperson said it had already made repayments of $25 million in relation to ASIC's first report on "a goodwill basis". However, in relation to the $270 million ASIC's latest report cites should be refunded, the spokesperson said the fees "were disclosed to customers and were charged in accordance with their terms and conditions". "Where customers have incurred unusually high fees we consider goodwill adjustments where appropriate while continuing to provide access to lower-fee options," the spokesperson said.
The Australian
7 hours ago
- The Australian
Break it Down: Norfolk Metals
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