The ASX closed sharply lower as Middle East tensions and hawkish RBA commentary unsettled investors, though energy stocks climbed on rising oil and LNG prices.
Rare earths and vanadium are back in focus as Lindian secures a processing plant in Kazakhstan, Victory upgrades TREO 48 times in flotation tests and CMG rockets more than 65%.
Thousands of Australian workers face unemployment as companies discover AI job cuts trigger massive share price surges, sparking fears of economic disruption.
Pioneer considers the Skull Creek uranium project in Colorado to be drill-ready after rock chip sampling defined numerous targets, with grades as high as 4257ppm U3O8.
