According to Phys.org Earth Sciences, Australian authorities have declared a state of disaster due to raging bushfires in the country's southeast. The devastating fires have destroyed houses and razed vast belts of forest, potentially disrupting mining operations in the region. As a major mining nation, Australia's mineral exploration and extraction activities may be impacted by the disaster. Investors and industry professionals should monitor the situation closely, as it may affect the global supply of critical minerals, including copper, zinc, and rare earth elements.

Bushfires Hit Australia