Good morning, Major miners and investors have toasted a $15bn cash splash for hydrogen production and critical minerals processing, a major stimulus push the Albanese government hopes will unlock $50bn in private spending to further turbocharge the sector. Inflation has gone from the greatest challenge of our time to an afterthought in Jim Chalmers’ big spending, nation building budget, putting him on a collision course with RBA governor Michele Bullock. Anglo American will sell, spin off, slow or shutter everything in its portfolio other than its copper and iron ore interests, in a sweeping restructure. However, it's unlikely to deter suitor BHP which has had its latest sweetened takeover bid knocked back. | 