Ichthys LNG Shutdown Now Imminent, Lobito Corridor Reopens DRC Copper Route, Collahuasi Commits US$345 Million, and Japan Proposes a G7 Joint Minerals Reserve episode artwork

EPISODE · Jun 16, 2026 · 10 MIN

Ichthys LNG Shutdown Now Imminent, Lobito Corridor Reopens DRC Copper Route, Collahuasi Commits US$345 Million, and Japan Proposes a G7 Joint Minerals Reserve

from The Mining Insider · host Logan Ore - The Pro Podcasters

The Mining Insider — June 16, 2026. Host: Logan Ore. Today's stories: 1. Inpex SVP Bill Townsend confirms Ichthys LNG production disruption is 'imminent and significant'; Offshore Alliance extends strikes to July 6, threatening 2% of global LNG output and 9.3 Mtpa of exports mainly to Japan. 2. Lobito Atlantic Railway receives the first copper train from the DRC since reopening the flood-damaged Lobito–Huambo section; the 1,300-km corridor has handled nearly 500,000 tonnes of minerals in 2026 and is a strategic lifeline for Ivanhoe Mines' Kamoa-Kakula complex. 3. Collahuasi — owned by Anglo American and Glencore (44% each) and Mitsui (12%) — approves a US$345M expansion while a Chilean environmental tribunal ruling on its desalination permit remains unresolved; Anglo-Teck merger awaits China antitrust approval. 4. Japanese PM Sanae Takaichi proposes a G7 joint stockpiling initiative — 90 days' worth of critical minerals coordinated through the IEA, with releases conditioned on companies shifting procurement away from China — at the Évian G7 summit. Sources: Oil Monster / Reuters, Inpex; Lobito Atlantic Railway press release; Bloomberg; BNamericas; Anglo American RNS; Japan Times; Yeni Safak / Reuters.

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Inpex confirms Ichthys LNG shutdown is imminent and significant as Offshore Alliance extends strikes to July 6, threatening 2% of global LNG output mainly exported to Japan. Lobito Atlantic Railway restores the DRC copper corridor after two months of flood-related closure. Collahuasi approves a US$345M expansion while navigating an environmental permit dispute. Japan PM Takaichi proposes a G7 joint 90-day critical minerals stockpile with IEA coordination at the Évian summit.

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Ichthys LNG Shutdown Now Imminent, Lobito Corridor Reopens DRC Copper Route, Collahuasi Commits US$345 Million, and Japan Proposes a G7 Joint Minerals Reserve

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