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Tungsten Miner Soars After Billionaire Forrest Takes 17% Stake
Tungsten Miner Soars After Billionaire Forrest Takes 17% Stake
Australian mining billionaire Andrew Forrest, founder and executive chairman of iron ore giant Fortescue, has agreed to acquire Oaktree Capital's entire 16.8% stake in the Sydney-listed tungsten producer EQ Resources.
Shares of EQ Resources in Sydney surged 34% on Monday following news of the transaction, which is valued at about 190 million AUD ($133 million) based on Friday's close. The deal covers 862.1 million shares and 35.6 million options.
Forrest's most likely reasoning for the deal is that EQ Resources controls one...
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Apr 22, 2026 / Tyler Durden
Voting Rights Groups Sue To Stop DOJ From Collecting State Voter Lists
Voting Rights Groups Sue To Stop DOJ From Collecting State Voter Lists
Authored by Aldgra Fredly via The Epoch Times,
Voting rights groups filed a lawsuit on April 21 seeking to block the Department of Justice (DOJ) from collecting, compiling, and analyzing state voter registration lists.
As of April 1, the DOJ has sued 30 states, including Washington, for failing to turn over voter rolls. The department has said the U.S. attorney general has congressional authority under the Civil Rights Act of 1960 to seek election records from states to check for...
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Jun 19, 2026 / Tyler Durden
Opening Round Of US-Iran Nuclear Talks Postponed After Israel-Lebanon Clashes Erupt
Opening Round Of US-Iran Nuclear Talks Postponed After Israel-Lebanon Clashes Erupt
Talks between Iran and the US were postponed on Friday in Switzerland, delaying what was supposed to be the opening round of negotiations towards a permanent peace and nuclear deal.
The delay appears to center on a new escalation between Israel and Iran-backed Hezbollah militants in southern Lebanon, a troubling development that threatens the fresh interim deal signed by President Trump and Iran just days ago. Tehran has insisted that a ceasefire in Lebanon is part of the interim...
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Mar 22, 2026 / Tyler Durden
Glitch Shuts Australia's Biggest Maker Of Vital Fertilizer Input For 2 Months At Worst Possible Time
Glitch Shuts Australia's Biggest Maker Of Vital Fertilizer Input For 2 Months At Worst Possible Time
Australia's largest ammonia plant will be shut for two months to repair damage caused by a power outage, amidst a global supply crunch for the vital fertiliser and explosives ingredient.
To say that the shutdown comes at the worst possible time for the global fertilizer market would be an understatement: more than a quarter of the world's traded ammonia flows through the Strait of Hormuz, as do 43% of urea shipments, the fertilizer made from...
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