MineLife Weekly Report
MineLife Bulletin
Account Information

US talks to strengthen trade in critical minerals

Minister for Resources and Northern Australia Matt Canavan will use high-level talks in the United State over the coming week to promote Australia as an emerging producer of critical minerals and a reliable global supplier of resources and energy.

Minister Canavan is travelling to the US for talks with senior members of the US Government and to meet executives of major mining, manufacturing and resources companies.

He will meet Commerce Secretary Wilbur Ross and US Secretary of the Interior David Bernhardt to promote Australia’s emerging critical minerals sector and to push for international cooperation to help boost the global trade and diversified supply of critical minerals.

The visit builds on the September agreement between Prime Minister Scott Morrison and President Donald Trump to develop a US-Australia Action Plan for Critical Minerals Cooperation to support investment, research and development, and diversity in critical minerals supply chains.

In March, Minister Canavan and Trade, Tourism and Investment Minister Simon Birmingham launched Australia’s Critical Minerals Strategy 2019, which focuses on investment, innovation and infrastructure and identifies 24 critical minerals that Australia could potentially supply to key trading partners.

Australia is one of the top five producers of critical minerals such as antimony, manganese, rare earths,and ilmenite and rutile – two titanium minerals – and is the second largest  producer of rare earths, with 13 per cent of global production.

Australia is also the world's largest producer of lithium, accounting for 47 per cent of global production, and has the world’s largest nickel reserves and second largest cobalt reserves,  as well as abundant reserves of graphite.

While in the US, Minister Canavan will lead an Australian delegation on critical minerals including industry and state government representatives and will attend several roundtables with US business leaders and Government officials.

He will also hold talks with US Secretary of the Interior David Bernhardt, White House Director of the National Economic Council Larry Kudlow, and meet with senior officials from the State Department.

S&P/ASX Small
rdinaries Resource
s Index

Source: Investing.com, 27 Aug 2019

With more than 800 resource companies listed on the ASX, there are more opportunities available than most investors would fully appreciate.

Our report is simple, concise and easy to understand - and is 100% independent.

15-Year Gold Price

Performance (AUD/oz)

Source: Goldprice.org, 25 Oct 2019

Rare Earths Deja Vu in 2019

Email us for your FREE       
Weekly Commodity Review


Sample Weekly

A Few Recent
Strong Performers

Legend Mining. (ASX: LEG)
**Up 318% since initial coverage in September 2015

Capricorn Minerals (ASX: CMM)
**Up 135% since initial coverage in August 2017

Stavely Minerals (ASX: SVY)

**Up 257% since initial coverage in

March 2019

(**Prices as at 12 November 2019)

Gavin Wendt   

BHP a 'Standout'
with Geographical and Commodity Spread, says Gavin - Bloomberg TV

Gavin discusses the outlook for commodities - CNBC TV Live