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At a cabinet meeting yesterday, Secretary of Energy Chris Wright briefed President Trump on the vital role coal has played in keeping the lights on across the country over the past week.
And speaking of reliability, the North American Electric Reliability Corporation yesterday issued its 2026 Long-Term Reliability Assessment, which found that by 2029, nearly two-thirds of the country will move into a "high risk" category, with power reserves dropping below safety margins, bringing a risk of power shortages. The national Mining Association's CEO Rich Nolan commented on the report saying, "This assessment should put to bed any debate about the need to keep America's coal plants running–the era of energy subtraction must permanently be put in the rearview mirror."
And Australia is today responding to the reports from yesterday that the US is backing away from price floors for Minerals. It says it will support its critical mineral supply chains with its Resources Minister saying the news, quote, "won't stop Australia (from) pursuing our critical minerals strategic reserve programme to make sure Australia has access to the resources it needs to build a future made in Australia." She continued, saying, quote, "We'll have a number of mechanisms, a floor price will be one through offtake agreements."
By National Mining AssociationAt a cabinet meeting yesterday, Secretary of Energy Chris Wright briefed President Trump on the vital role coal has played in keeping the lights on across the country over the past week.
And speaking of reliability, the North American Electric Reliability Corporation yesterday issued its 2026 Long-Term Reliability Assessment, which found that by 2029, nearly two-thirds of the country will move into a "high risk" category, with power reserves dropping below safety margins, bringing a risk of power shortages. The national Mining Association's CEO Rich Nolan commented on the report saying, "This assessment should put to bed any debate about the need to keep America's coal plants running–the era of energy subtraction must permanently be put in the rearview mirror."
And Australia is today responding to the reports from yesterday that the US is backing away from price floors for Minerals. It says it will support its critical mineral supply chains with its Resources Minister saying the news, quote, "won't stop Australia (from) pursuing our critical minerals strategic reserve programme to make sure Australia has access to the resources it needs to build a future made in Australia." She continued, saying, quote, "We'll have a number of mechanisms, a floor price will be one through offtake agreements."