logo
#

Latest news with #SHAUNTURTON

Rare earths race heats up with US-Saudi deal and Shenghe acquisition
Rare earths race heats up with US-Saudi deal and Shenghe acquisition

Nikkei Asia

time15-05-2025

  • Business
  • Nikkei Asia

Rare earths race heats up with US-Saudi deal and Shenghe acquisition

SHAUN TURTON and KENJI KAWASE SYDNEY/TOKYO -- U.S. rare earths company MP Materials has signed an initial agreement with Saudi miner Maaden to "explore" developing a rare earths industry in the Middle Eastern kingdom. The agreement, announced Wednesday, came as major Chinese rare earths player Shenghe Resources -- a strategic investor in MP -- said it will acquire Australian-listed explorer Peak Rare Earths.

Rare earths race heats up with US-Saudi deal and Shanghe acquisition
Rare earths race heats up with US-Saudi deal and Shanghe acquisition

Nikkei Asia

time15-05-2025

  • Business
  • Nikkei Asia

Rare earths race heats up with US-Saudi deal and Shanghe acquisition

SHAUN TURTON and KENJI KAWASE SYDNEY/TOKYO -- U.S. rare earths company MP Materials has signed an initial agreement with Saudi miner Maaden to "explore" developing a rare earths industry in the Middle Eastern kingdom. The agreement, announced Wednesday, came as major Chinese rare earths player Shenghe Resources -- a strategic investor in MP -- said it will acquire Australian-listed explorer Peak Rare Earths.

Australia's Labor Party triumphs in federal election, broadcaster says
Australia's Labor Party triumphs in federal election, broadcaster says

Nikkei Asia

time03-05-2025

  • Politics
  • Nikkei Asia

Australia's Labor Party triumphs in federal election, broadcaster says

SHAUN TURTON SYDNEY -- Australia's center-left Labor Party will prevail in the country's federal election, national broadcaster the ABC projected, meaning Prime Minister Anthony Albanese is set to become the first Australian leader in more than 20 years to be reelected after serving a full three-year term. Early vote counting showed Labor "substantially ahead," said ABC election analyst Antony Green, meaning Labor would form either a majority or minority government as its Liberal-National coalition rivals would not be in a position to challenge.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store