To The Moon

Full story: https://grafa.com/en/news/australia/ato-confirms-tax-terms-for-alurion-resources-spin-off The Australian Taxation Office confirmed demerger roll-over relief for eligible investors. Capital reductions total $0.1829 per share with no assessable dividend component. The ruling establishes tax cost base allocations following the completed corporate separation. Brazilian Rare Earths (ASX:BRE) secured a class ruling from the Australian Taxation Office confirming tax relief for the demerger of Alurion Resources (ASX:ALU). The binding tax decision provides regulatory clarity after investors received distributed spin-off shares following the July 22 record date. The company stated that the ruling ensures eligible investors can defer capital gains tax liabilities arising from the corporat

Full story: https://grafa.com/en/news/australia/meu-backs-class-action-against-bhp-over-public-holiday-pay The Mining and Energy Union is backing a class action against BHP for up to 7,000 workers. Shares in the mining giant fell 1.8% to close at $63.44 following the announcement. The legal action aims to secure compensation for staff unlawfully forced to work on public holidays. The Mining and Energy Union is funding a class action against BHP (ASX:BHP) that could cover up to 7,000 workers employed through its labour hire subsidiaries. The legal proceedings follow a federal court ruling that BHP breached National Employment Standards by unlawfully requiring staff to work on Christmas Day and Boxing Day in 2019. "The union may pursue further class actions on behalf of other cohorts of mine

Full story: https://grafa.com/en/news/australia/vulcan-energy-secures-second-german-lithium-licence Vulcan Energy Resources received a second lithium production licence for its Lionheart Project in Germany. The approval satisfies a project milestone while the company works towards its 2028 operational target. The company stated that the licence supports its strategy to produce low-cost European battery materials. Vulcan Energy (ASX:VUL) secured its second lithium production licence, designated Ilka, for the flagship Lionheart Project in Germany. The permit follows an earlier production licence grant for the LiThermEx area in the Upper Rhine Valley Brine Field. "Securing our second lithium production licence is another important achievement for Lionheart and further validates the progress w

Full story: https://grafa.com/en/news/australia/bhp-and-rio-tinto-fall-on-asx-as-copper-drops The mining sector dropped 4.2% in morning trading following an overnight slump in global copper prices. Major miners were heavily impacted, with BHP falling 4.3% and Rio Tinto losing 3.4% during early market moves. Falling metal prices were driven by policy concerns in the United States over elevated domestic manufacturing costs. Major resource stocks led the market lower as BHP (ASX:BHP) lost 4.3% following an overnight retreat in copper prices from record highs. Benchmark copper futures stabilised at US$14,238 per tonne on the London Metal Exchange after dropping 3.6% in the previous session. The price reversal occurred after reports indicated American officials were evaluating whether high dome

Full story: https://grafa.com/en/news/australia/elliot-investment-buys-2b-stake-in-northern-star-resources Elliott Investment Management acquired a 6.2% voting stake in Northern Star Resources. Shares of the gold miner closed at $21.71 following the market disclosure. The activist investor is pushing for a leadership overhaul and a potential sale of the business. Activist hedge fund Elliott Investment Management has acquired a 6.2% direct voting stake in Northern Star Resources (ASX:NST) valued at over $2 billion. The purchase follows months of pressure from the fund after repeated production downgrades stripped billions of dollars from the miner's market value. "The swaps were subsequently terminated and, as at the date of this form, each of Elliott Associates and Elliott International do

Full story: https://grafa.com/en/news/australia/sydney-airport-delays-flights-as-controller-shortage-hits Airservices Australia enacted flow management measures at Sydney Airport due to air traffic controller roster constraints. Qantas cancelled six flights, while others experienced delays exceeding one hour. The staffing shortage follows official investigations into six recent near-miss incidents at the airport. Airservices Australia temporarily restricted flight movements at Sydney Airport on Sept. 11 morning following severe air traffic controller roster constraints. The measures caused delays of over an hour and six flight cancellations for primary carrier Qantas (ASX:QAN) before normal operations resumed with minor ten-minute delays. "Airservices acknowledges the ATFM measures may hav

Full story: https://grafa.com/en/news/australia/nrfc-secures-55m-deal-with-global-resource-recovery National Reconstruction Fund Corporation commits a $55 million debt investment into Global Resource Recovery. Funding supports infrastructure expansion in Darwin and generates 126 local construction and operational jobs. Investment aims to establish domestic chemical recycling capability to reduce sovereign reliance on imports. The National Reconstruction Fund Corporation will invest $55 million in senior secured debt into private waste management firm Global Resource Recovery. The investment addresses key industrial chemical needs by providing an alternative to virgin chemical manufacturing for glycol and amine products used in oil and gas processing. "Importantly, this is about building lo

Full story: https://grafa.com/en/news/australia/australian-bond-yields-hit-multi-year-highs-on-middle-east-conflict Australian bond yields spiked after surging oil prices and weaker US debt buybacks sparked a global sell-off. Three-year bond yields jumped 16 basis points to 5.04%, reaching their highest point since May 2011. Markets now price in a 78% probability of an RBA cash rate hike to 4.6% later this month. Australian government bond yields spiked to multi-year highs on Sept. 11 following a surge in global oil prices and a widespread sell-off in international debt markets. The market shift came after escalating hostilities in the Middle East drove Brent crude towards US$109 a barrel alongside smaller-than-expected US debt buybacks. The market turmoil intensified after the US Treasury

Full story: https://grafa.com/en/news/united-states/oil-prices-rise-above-100-dollar-iran-shipping-attacks Brent crude settled at $107.63 per barrel after rising 6.34%, while WTI reached $102.48 per barrel. Oil prices climbed as shipping attacks and Middle East tensions increased concerns over supply disruptions. Analysts said future price movements may depend on Chinese crude demand and the duration of regional disruptions. Oil prices surged above $100 per barrel on Thursday as renewed shipping attacks in the Middle East increased concerns about potential supply disruptions. Brent crude futures settled at $107.63 per barrel, rising $6.42 or 6.34%, while U.S. West Texas Intermediate crude futures increased $6.43 or 6.69% to $102.48 per barrel. "Crude oil markets are settling into a prolong

Full story: https://grafa.com/en/news/united-states/vince-holding-q2-2026-sales-rise-profit-margin-expansion Vince Holding (NASDAQ:VNCE) reported second-quarter 2026 net sales of $81.8 million, up 11.7% year over year. Adjusted EBITDA increased to $18 million from $6.7 million, supported partly by tariff refund benefits. Growth was driven by direct-to-consumer sales rising 13.7% and wholesale sales increasing 10.4%. Vince Holding (NASDAQ:VNCE) reported second-quarter 2026 net sales of $81.8 million, up 11.7% from $73.2 million in the prior-year period, driven by growth in direct-to-consumer and wholesale channels. The company’s direct-to-consumer segment increased 13.7%, while wholesale segment sales rose 10.4% compared with the second quarter of fiscal 2025. Gross profit increased to $49.