Australia passes law to trade, stock fuel alongside rare earths

Paul-Alain Hunt / Bloomberg04-01

Prime Minister Anthony Albanese’s administration had announced its intention to establish the critical minerals reserve in January. (April 1): Australia’s parliament passed legislation empowering the ...

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(April 1): Australia’s parliament passed legislation empowering the ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/global-economy/australia-passes-law-trade-stock-fuel-alongside-rare-earths?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia passes law to trade, stock fuel alongside rare earths</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia passes law to trade, stock fuel alongside rare earths\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-01 04:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/global-economy/australia-passes-law-trade-stock-fuel-alongside-rare-earths?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Paul-Alain Hunt / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prime Minister Anthony Albanese’s administration had announced its intention to establish the critical minerals reserve in January. (April 1): Australia’s parliament passed legislation empowering the ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/global-economy/australia-passes-law-trade-stock-fuel-alongside-rare-earths?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"REMX","symbol_name":"VanEck Rare Earth and Strategic Metals ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/global-economy/australia-passes-law-trade-stock-fuel-alongside-rare-earths?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2624881548","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/global-economy/australia-passes-law-trade-stock-fuel-alongside-rare-earths?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2624881548","pubTimestamp":1774988675,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Prime Minister Anthony Albanese’s administration had announced its intention to establish the critical minerals reserve in January. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"REMX":"VanEck Rare Earth and Strategic Metals ETF"},"translate_title":"澳大利亚通过法律将燃料与稀土一起交易、储存","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"REMX":1.5},"content_text":"Prime Minister Anthony Albanese’s administration had announced its intention to establish the critical minerals reserve in January. (April 1): Australia’s parliament passed legislation empowering the country’s export credit agency to physically buy, stockpile and sell fuels alongside critical minerals including rare earths, as the country suffers energy shortages triggered by the Middle East conflict.\n\nPrime Minister Anthony Albanese’s administration had announced its intention to establish the critical minerals reserve in January. However, as global energy markets were upended due the US-Israel war against Iran, the Labor government added into the draft legislation capabilities to acquire and store fuel. Parliament passed the law on Tuesday.\nThe move comes as gasoline and diesel prices at the pump have surged to records across Australia. Panic buying has boosted demand — especially in rural areas — and led to some service stations running out of fuel, prompting the government to roll out measures such as halving the fuel excise and reducing charges on heavy vehicles.\nThe new laws allow Export Finance Australia to add to the country’s existing fuel reserves. The agency is primarily focused on providing loans, bonds, and equity to support Australian businesses overseas, but its transformation into the government’s trading arm will now see its remit expand to buying diesel and gasoline, as well as rare-earth elements to strengthen supply chains.\n“The Reserve would ensure Australia’s preparedness to address supply chain disruption of materials, goods or things, including fuel and other commodities, as a result of market volatility and geopolitical events,” a memorandum of the laws showed. “The critical minerals strategic Reserve is intended to position Australia as a trusted and stable partner in high value, vulnerable critical minerals supply chains.”\nThe government has allocated A$1.2 billion (US$831 million) to fund the stockpile.\nCritical minerals have been at the centre of geopolitical and trade tensions in recent years as governments recognise vulnerabilities in supply chains. China, which dominates the market, weaponised exports of rare earths to Japan, amid rising tensions over Taiwan. \nCanberra’s move also follows a landmark pact signed last year between Australia and US President Donald Trump to boost America’s access to rare earths and other critical minerals to counter China’s dominance.\nA key objective for the reserve would be to establish a floor for critical-mineral prices, the government has said previously. That would help protect producers against future market slumps driven by floods of supply from China.\nUploaded by Liza Shireen Koshy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2624881548","isCrawlerRequest":true}