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US ‘unquestionably' Australia's top diplomatic priority

US ‘unquestionably' Australia's top diplomatic priority

Sky News AU17-07-2025
Shadow Finance Minister James Paterson voiced concerns on Australia's relationship with the United States, emphasising the critical importance of maintaining strong diplomatic ties amid global tensions.
"I'm not sure that patronising the reviewer of AUKUS is the best way to go if you want to continue the agreement and save the agreement from the chopping block," Mr Paterson told Sky News Australia.
"This appears to be calculated. The prime minister, perhaps out of some misguided belief that there's a domestic political advantage for him in keeping a distance from the Trump administration, is neglecting our most important security relationship in the most perilous time.
"I believe our task is to reassure our American friends that we are their most reliable ally, and frankly, that's an easy thing to do given our track record and given our history."
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Shoot a n e mail to Code Company Price % Week % Month % Six Month % Year Market Cap XTC XTC Lithium Limited 0.2 19900% 19900% 19900% 19900% $17,528,272 LMG Latrobe Magnesium 0.018 125% 125% 6% -59% $42,108,350 AS2 Askarimetalslimited 0.016 100% 167% 45% -64% $6,466,731 HLX Helix Resources 0.002 100% 33% -33% -33% $5,046,291 VR8 Vanadium Resources 0.041 86% 105% 32% -18% $23,135,967 GTE Great Western Exp. 0.019 58% 111% -21% -37% $11,355,159 GRE Greentechmetals 0.078 56% 81% 16% -35% $7,824,264 SLZ Sultan Resources Ltd 0.006 50% 20% -25% -14% $1,388,819 PGD Peregrine Gold 0.265 47% 71% 77% 83% $22,060,413 IG6 Internationalgraphit 0.072 47% 41% 20% -17% $13,936,200 EVG Evion Group NL 0.033 43% 106% 32% 65% $13,917,439 PMT Patriotbatterymetals 0.475 42% 116% 32% -4% $267,688,695 IXR Ionic Rare Earths 0.0255 42% 132% 264% 155% $124,813,852 IPT Impact Minerals 0.009 38% 50% -13% -36% $31,946,640 LKE Lake Resources 0.044 38% 57% 7% 22% $84,748,040 AR3 Austrare 0.12 36% 140% 43% 38% 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Indiana Resources 0.086 1% 10% 32% 85% $56,560,456 CXO Core Lithium 0.11 0% 31% 18% 12% $246,446,788 RIL Redivium Limited 0.004 0% 0% 0% 100% $13,609,422 COB Cobalt Blue Ltd 0.054 0% -5% -16% -33% $24,021,298 LPD Lepidico Ltd 0.002 0% 0% 0% 0% $17,178,371 MRD Mount Ridley Mines 0.0025 0% 25% -17% -75% $1,946,223 CZN Corazon Ltd 0.002 0% 0% 0% -60% $2,369,145 CLA Celsius Resource Ltd 0.007 0% 0% -30% -46% $20,380,675 MNS Magnis Energy Tech 0.042 0% 0% 0% 0% $50,378,922 AXN Alliance Nickel Ltd 0.034 0% -3% -8% -11% $24,678,547 AAJ Aruma Resources Ltd 0.008 0% -11% -20% -27% $2,623,524 TKL Traka Resources 0.001 0% -50% 0% 0% $2,125,790 ATM Aneka Tambang 1.105 0% 0% 24% 3% $1,440,532 LEL Lithenergy 0.37 0% 0% 0% 1% $41,440,581 MRC Mineral Commodities 0.026 0% 0% 0% 0% $25,596,288 PEK Peak Rare Earths Ltd 0.31 0% 11% 114% 102% $133,466,467 WKT Walkabout Resources 0.095 0% 0% 0% -10% $63,769,838 CNJ Conico Ltd 0.007 0% 0% -22% -30% $1,905,020 BOA BOA Resources Ltd 0.018 0% -10% -18% -10% $2,220,351 MQR Marquee Resource Ltd 0.009 0% 0% -18% -18% $5,024,723 MRR Minrex Resources Ltd 0.008 0% 0% 0% -11% $8,678,940 DTM Dart Mining NL 0.003 0% 0% -70% -84% $4,792,222 EMS Eastern Metals 0.01 0% 0% -33% -68% $1,394,262 IMI Infinitymining 0.009 0% 0% -10% -44% $3,807,142 TEM Tempest Minerals 0.005 0% 25% 0% -44% $5,508,975 EMC Everest Metals Corp 0.135 0% 4% -7% 8% $32,499,032 OB1 Orbminco Limited 0.001 0% 0% -40% -60% $3,402,568 KOR Korab Resources 0.008 0% 0% 0% 0% $2,936,400 CMX Chemxmaterials 0.026 0% 0% 0% -42% $3,354,580 ENV Enova Mining Limited 0.006 0% -25% 20% -40% $8,745,600 AVW Avira Resources Ltd 0.007 0% 0% -65% -65% $1,610,000 NWM Norwest Minerals 0.014 0% 17% 9% -44% $14,525,378 RGL Riversgold 0.004 0% 0% 33% -33% $6,734,850 THR Thor Energy PLC 0.009 0% 0% -22% -44% $6,397,109 ODE Odessa Minerals Ltd 0.006 0% -14% -8% 140% $9,597,195 AZI Altamin Limited 0.019 0% -10% -14% -42% $10,915,555 LNR Lanthanein Resources 0.001 0% 33% -47% -67% $2,810,182 CLZ Classic Min Ltd 0.001 0% 0% 0% 0% $3,017,699 PEK Peak Rare Earths Ltd 0.31 0% 11% 114% 102% $133,466,467 TAR Taruga Minerals 0.008 0% 14% -11% -11% $5,710,032 DRE Dreadnought Resources Ltd 0.011 0% 10% -8% -52% $55,874,500 KFM Kingfisher Mining 0.047 0% -6% 31% -33% $2,524,605 GRL Godolphin Resources 0.011 0% 22% -21% -21% $5,386,480 LNR Lanthanein Resources 0.001 0% 33% -47% -67% $2,810,182 EV1 Evolutionenergy 0.016 0% 33% -16% -48% $5,802,408 OM1 Omnia Metals Group 0.012 0% 0% -85% -85% $2,605,100 LLL Leolithiumlimited 0.332997 0% 0% 0% 0% $401,204,047 SRN Surefire Rescs NL 0.002 0% 0% -40% -66% $6,457,219 LU7 Lithium Universe Ltd 0.007 0% 17% -30% -55% $6,551,857 TMX Terrain Minerals 0.0025 0% 25% -38% -17% $6,329,536 ANX Anax Metals Ltd 0.007 0% 0% -30% -73% $6,179,653 RON Roninresourcesltd 0.15 0% -9% -23% 25% $6,056,252 ASR Asra Minerals Ltd 0.002 0% 0% -33% -67% $8,000,396 AEE Aura Energy 0.165 0% 6% 6% 18% $151,427,524 AMD Arrow Minerals 0.02 0% 0% -55% -67% $17,555,332 CUL Cullen Resources 0.005 0% 67% 0% -33% $3,467,009 HWK Hawk Resources. 0.02 0% 33% -9% -44% $5,418,589 ORN Orion Minerals Ltd 0.01 0% 0% -33% -41% $72,816,361 SER Strategic Energy 0.006 0% -8% -25% -60% $4,697,233 SVY Stavely Minerals Ltd 0.019 0% 73% 6% -30% $10,336,800 SVM Sovereign Metals 0.74 -1% 13% -2% 13% $488,438,721 NST Northern Star 16.305 -1% -18% -6% 16% $23,813,905,145 QGL Quantum Graphite 0.49 -1% 2% 5% -15% $165,594,537 KNI Kunikolimited 0.093 -1% -19% -44% -54% $8,083,957 DEV Devex Resources Ltd 0.086 -1% 9% -10% -66% $38,868,779 ASL Andean Silver 1.365 -1% 31% 41% 80% $221,489,388 HAS Hastings Tech Met 0.29 -2% 9% -5% -15% $59,073,040 DVP Develop Global Ltd 4.6 -2% -4% 107% 145% $1,530,301,137 CHR Charger Metals 0.05 -2% 14% -25% -18% $3,948,433 SLM Solismineralsltd 0.081 -2% -8% 21% -40% $11,427,494 BUR Burleyminerals 0.04 -2% -13% -49% -61% $7,366,692 WA1 Wa1Resourcesltd 17.34 -3% 21% 31% 16% $1,167,687,454 ABX ABX Group Limited 0.038 -3% -5% -16% -31% $9,571,497 RVT Richmond Vanadium 0.073 -3% -26% -56% -76% $15,772,687 PSC Prospect Res Ltd 0.18 -3% 16% 87% 44% $129,608,628 PFE Pantera Lithium 0.018 -3% 50% 6% -39% $8,764,998 QPM QPM Energy Limited 0.035 -3% 0% -50% 0% $102,523,345 EFE Eastern Resources 0.031 -3% 0% -3% -38% $3,908,788 A11 Atlantic Lithium 0.155 -3% -3% -38% -59% $103,972,097 FG1 Flynngold 0.029 -3% -9% 16% 0% $11,348,178 HMX Hammer Metals Ltd 0.029 -3% -9% -6% -28% $26,632,761 SFM Santa Fe Minerals 0.27 -4% 671% 694% 744% $21,117,449 OD6 Od6Metalsltd 0.026 -4% 0% -61% -47% $4,172,167 1AE Auroraenergymetals 0.049 -4% -11% -18% -25% $8,774,123 MLX Metals X Limited 0.655 -4% 24% 44% 49% $571,722,542 BMM Bayanminingandmin 0.063 -5% 80% 26% -7% $6,879,941 ARL Ardea Resources Ltd 0.41 -5% 3% 15% -15% $85,217,231 RAG Ragnar Metals Ltd 0.02 -5% 0% 3% 0% $9,479,720 AXE Archer Materials 0.285 -5% 24% -35% -8% $72,631,399 S2R S2 Resources 0.0665 -5% 2% -11% -40% $32,996,123 EVR Ev Resources Ltd 0.0095 -5% 36% 280% 88% $20,047,530 ARN Aldoro Resources 0.35 -5% 8% 23% 332% $64,182,702 SRZ Stellar Resources 0.017 -6% 13% 21% -15% $35,355,760 PUR Pursuit Minerals 0.067 -6% 81% -18% -55% $6,682,176 ICL Iceni Gold 0.066 -6% 12% -6% 0% $22,657,892 RMX Red Mount Min Ltd 0.008 -6% -11% 0% -20% $4,658,367 AX8 Accelerate Resources 0.008 -6% 33% -27% -33% $6,537,510 ZNC Zenith Minerals Ltd 0.032 -6% -14% -29% -40% $16,942,576 CRI Critica ltd 0.016 -6% -6% -16% -11% $45,869,097 1MC Morella Corporation 0.015 -6% -12% -38% -65% $5,526,435 M24 Mamba Exploration 0.015 -6% 20% -12% 25% $4,722,650 AUZ Australian Mines Ltd 0.007 -7% -22% -42% -22% $12,832,591 ETM Energy Transition 0.0475 -7% 10% -40% 138% $71,364,799 MTC Metalstech Ltd 0.135 -7% -4% 0% -40% $29,977,420 EGR Ecograf Limited 0.335 -7% 20% 264% 191% $154,438,818 ESR Estrella Res Ltd 0.04 -7% -23% 54% 900% $84,306,531 LLM Loyal Metals Ltd 0.2 -7% 54% 111% 60% $21,573,943 FBM Future Battery 0.026 -7% 44% 0% 4% $14,809,543 LML Lincoln Minerals 0.0065 -7% 30% 8% 8% $13,666,703 A8G Australasian Metals 0.062 -7% -6% -17% -23% $3,589,163 FLG Flagship Min Ltd 0.055 -8% 22% 28% -32% $13,196,926 NH3 Nh3Cleanenergyltd 0.055 -8% 112% 206% 323% $34,366,799 PGM Platina Resources 0.021 -9% 5% 11% -16% $13,086,787 LRV Larvottoresources 0.725 -9% 33% 8% 504% $299,001,368 CNB Carnaby Resource Ltd 0.41 -9% 12% 19% -23% $95,923,321 SBR Sabre Resources 0.009 -10% 13% 6% -36% $3,550,157 SRI Sipa Resources Ltd 0.018 -10% 29% 29% 0% $7,495,170 WR1 Winsome Resources 0.18 -10% 44% -63% -70% $47,573,848 LCY Legacy Iron Ore 0.009 -10% 0% 0% -48% $87,858,383 MNB Minbos Resources Ltd 0.045 -10% 7% -18% -32% $44,852,282 GBR Greatbould Resources 0.06 -10% -5% 28% 11% $58,927,864 ARU Arafura Rare Earths 0.1925 -10% 17% 54% 1% $492,865,738 BUX Buxton Resources Ltd 0.042 -11% 8% 5% -48% $13,744,236 MHK Metalhawk. 0.37 -11% -20% 12% 612% $46,272,211 LEG Legend Mining 0.008 -11% 33% -20% -38% $23,315,817 M2R Miramar 0.004 -11% 33% 0% -64% $2,990,470 SRL Sunrise 1.32 -12% 103% 313% 207% $147,101,074 VMC Venus Metals Cor Ltd 0.105 -13% -5% 62% 21% $21,574,155 PNT Panthermetalsltd 0.0095 -14% -27% 6% -62% $3,009,045 QEM QEM Limited 0.029 -15% -24% -59% -78% $6,855,610 DYM Dynamicmetalslimited 0.23 -15% -10% -15% 35% $9,816,868 MTM Metallium Ltd 0.74 -15% 17% 190% 1847% $380,883,366 KAI Kairos Minerals Ltd 0.025 -17% -22% 79% 194% $67,088,261 HRE Heavy Rare Earths 0.046 -18% 35% 53% 60% $9,361,525 AQD Ausquest Limited 0.044 -19% -24% 83% 313% $61,242,106 MOH Moho Resources 0.004 -20% 0% -20% -20% $3,727,070 CRR Critical Resources 0.004 -20% 14% -33% -56% $13,850,427 ARR American Rare Earths 0.345 -21% 41% 21% 28% $206,518,936 CMO Cosmometalslimited 0.018 -22% 6% 21% -60% $5,798,441 REE Rarex Limited 0.0205 -24% 8% 156% 37% $18,403,280 BNR Bulletin Res Ltd 0.046 -25% -19% 28% -6% $17,029,573 BYH Bryah Resources Ltd 0.006 -25% -50% 50% 33% $6,001,195 AOA Ausmon Resorces 0.0015 -25% -25% 0% -50% $2,622,427 ENT Enterprise Metals 0.002 -33% -33% -33% -33% $3,428,293 AYM Australia United Min 0.002 -33% 0% 0% -33% $3,685,155 Weekly Small Cap Standouts Helix Resources (ASX:HLX) HLX is zeroing in on two distinct copper-gold systems at the White Hills project in Arizona, US, with a combination of geophysical, geological and geochemical results. Two geological formations meet on the project's tenure. Management reckons there's evidence of copper at the northern end of the Arizona Arc formation, while a fault-style gold system sits at the southern end of the Walker Lane gold trend, both within the project area. "With growing interest and policy support for domestic copper production in the U.S., the project is ideally positioned to benefit from this momentum,' executive chairman Mike Povey said. While prices are not soaring the same as gold, the red metal is currently fetching between US$4.50-5.50/lb at the time of writing, reflecting a big arbitrage weighted to the US market, with tariffs on the horizon. Vanadium Resources (ASX:VR8) The company has signed an offtake agreement for the supply of 100,000 tonnes of vanadium-rich magnetite direct shipping ore (DSO) each month from the world-class Steelpoortdrift vanadium project in South Africa. The offtake positions VR8 to transition from developer to producer and is a fillip as the company advances its near-term cash flow strategy aimed at unlocking value from Steelpoortdrift's vast JORC resource, while preserving the flexibility to pursue full-scale development as market conditions improve. Due to the absence of a standard spot price for the DSO product, the agreement, which is valid for two years, is also conditional on subsidiary VanRes finalising pricing terms with CPAL by August 30, 2025. Executive chairman Jurie Wessels said alongside this negotiations with other potential offtakers are also progressing. 'These may lead to the staged or full-scale development of beneficiation through concentration capacity, enabling the production of higher-grade ore,' he said. 'Concurrently, we are assessing commercialisation opportunities with entities that possess downstream processing capabilities.' Patriot Battery Metals (ASX:PMT) This week the company confirmed that the Shaakichiuwaanaan project in Canada hosts the world's largest pollucite-hosted caesium pegmatite deposit. PMT declared a maiden Caesium Zone resource estimate of 163,000t at 10.25% caesium, 1.78% lithium, and 646 ppm tantalum (indicated) at the Rigel zone, and 530,000t at 2.61% caesium, 2.23% lithium, and 172 ppm tantalum (indicated) at the Vega zone. President, CEO and managing director Ken Brinsden said what's particularly existing for investors is that the addressable market for caesium appears to be at a key inflexion point, 'with its ability to improve the efficiency and stability of next generation terrestrial solar technologies having the potential to drive a massive increase in global demand.' 'Shaakichiuwaanaan stands to play a driving role in the growth of this exciting new market,' he said. 'As we finalise the maiden lithium-only Feasibility Study for the CV5 Pegmatite, we are excited to start work on unlocking the enormous potential of the caesium resource.' Shaakichiuwaanaan is already North America's largest hard rock spodumene hosted lithium resource. At Stockhead, we tell it like it is. While Renascor Resources, Kingsland Minerals, iTech Minerals, Buxton Resources and Green Critical Minerals are Stockhead advertisers, they did not sponsor this article.

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