The latest Market Talks covering Basic Materials. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0523 ET - Indonesia could sustain its trade surplus through 2027, though it is expected to remain modest as imports continue to grow faster than exports, RHB economist Wong Xian Yong says in a note. Export growth is expected to strengthen gradually, supported by downstream metal and manufacturing shipments and higher prices of some commodities, he says. Coal exports will likely stay weak, while palm oil could benefit from higher domestic biodiesel demand. Broader market access, including the Indonesia-EU trade deal, could support export diversification from 2027, he adds. Greater oversight of strategic commodity exports is also expected to improve transparency without materially disrupting shipments, RHB says. (yingxian.wong@wsj.com)

2220 ET - After Lynas Rare Earths' planned takeover of Meteoric Resources, Euroz Hartleys wonders: "How long will VMM [Viridis Mining] last from here?" Viridis's Colossus project neighbors the Caldeira project owned by Meteoric, which is being acquired by Lynas in a 968 million Australian dollars deal. Assuming equal treatment for Viridis implies a value of greater than A$5.00/share, the broker says. Viridis shares surge by 16% to A$3.87. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

2158 ET - Lynas Rare Earths' planned acquisition of Meteoric Resources is "a decent deal" for Lynas, says Ord Minnett. "It adds a massive resource offering strategic options," the broker says. In the near term, the all-share deal is dilutionary for Lynas and adds some permitting risk, Ord Minnett says. Its net asset value on Lynas goes to A$7.10/share from A$7.60/share. The broker has a "lighten" rating and a A$14.00/share price target on Lynas, both of which are under review pending a detailed assessment of the acquisition, it says. Shares are down 5.7% at A$13.04.