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Australia Breaking News

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Bloomberg

Iran War Puts Helium Supply, Chip Production at Risk

A longer conflict in the Middle East could disrupt supplies of key materials used in chip manufacturing. One of them is helium, and Qatar accounts for more than one-third of its production. While Asia's chipmakers have a supply buffer of three months, the Iran war shows that they remain vulnerable to supply-chain disruptions.

Read more: Iran War Puts Helium Supply, Chip Production at Risk
Grafa

US ITC blocks 170% tariffs on Chinese AAM sought by Syrah

Syrah Resources notes the US International Trade Commission reached a final negative determination regarding antidumping and countervailing duty investigations into Chinese active anode material.

The ruling means aggregate duty rates of between 160% and 170% determined by the US Department of Commerce will not be imposed on imports from China.

Read more: US ITC blocks 170% tariffs on Chinese AAM sought by Syrah
Grafa
Mining

Enterprise Metals hits high-grade REE at Cuddingwarra North

Enterprise Metals has announced high-grade assay results from its maiden reverse circulation (RC) drilling program at the Cuddingwarra North rare earth element (REE) project in Western Australia.

The 14-hole program targeting the Emily Well prospect saw 13 holes intersect total rare earth oxides (TREO) above 300ppm, with 10 holes exceeding 400ppm.


Read more: Enterprise Metals hits high-grade REE at Cuddingwarra North