... parties to a long-term senior loan facility.
Under the new agreements, JARE will provide a contribution of A$200 million through a subscription for ordinary shares in Lynas and forego the US$11.5 ...
... of A$136 million for the miner.
“We believe this transaction is a great outcome for Essential shareholders and for other stakeholders including employees, suppliers, the Ngadju people and the state ...
... and commissioning.
Over 90% of the approximately EUR55 million order value is booked in Metals’ fourth-quarter orders received and the rest in Minerals’ orders received.
Separately, OZ ...
... million tonnes (110 million tons) hauled.
The milestone was achieved using Cat’s MineStar Command for hauling, with a fleet that includes 36 Cat 793F autonomous and four 793D staffed mining trucks. ...
... findings come despite Australia’s coal mines being estimated to produce 1.8 million tonnes of carbon emissions a year while the country is preparing for net-zero emissions. This on top of the risk of a ...
... high paying jobs.
“Mining is Australia’s largest export industry, generating a record $413 billion in exports in 2021-22. The industry paid $43.2 billion in tax and royalty payments in 2022-21 and accounted ...
State-owned Japan Oil, Gas and Metals National Corp (JOGMEC) and trading house Sojitz Corp. have invested an additional US$9 million in Lynas Rare Earths to support the Australian miner's Mt Weld project ...
... xceeded the high figure for the previous year. At €2.34 billion, group sales were noticeably higher (up by 14%) than the level achieved in the same period of the previous year (€2.06 billion). With an ...
... the facility could bring $1 billion to the economy and support 4,800 jobs by 2030.
The Cathode Precursor Production Pilot Plant will link with other FBICRC flagship projects across Australia, including ...
... approximately 40% of the current haul truck fleet at Fortescue’s operations. Truck haulage consumed approximately 200 million litres of diesel in FY21 and accounted for 26% of Fortescue’s Scope 1 emissions. ...
... its forecasts for copper supply and demand.
The supply side data indicates that in 2022, mine output is expected to be 21.9 million tonnes (Mt), up 5.3% compared with 2021. For 2023, a 5.7% increase ...
... Waste, highlighting new opportunities to recover valuable minerals – a concept known as secondary prospectivity.
This new Atlas from the Australian Government’s $225 million Exploring for the Future ...
... 3,448 bids.
Citing the judicial auction platform JD.com, Bloomberg reported the 54.3% stake in mine owner Yajiang Snowway Mining Development sold for about 2 billion yuan (US$299 million), almost 600 ...
... that the demand for metals used to produce electric batteries, including nickel, will increase due to the rise in electric vehicles. Worldwide nickel reserves are currently estimated at around 89 million ...
Schlam said it has been awarded a A$90 million supply agreement with Fortescue Metals Group for both its products and services divisions, solidifying its relationship with the miner.
The contract will ...
... its environmental social impact assessment.
The US$485 million deal, first announced last 12 December, closed 28 April and now gives Lundin 100% ownership of the producer and the copper-gold operation ...
... away about AU$79.9 billion worth of valuable raw materials each year – that’s three times the output of all silver mines,” Kwak said. “Nearly all of the electronic products we send to landfill can be recycled, ...
Expert reveals Australia’s hydrogen early adopters and who could leverage billions in public funding.
Edited by Mark S. Kuhar
Australia has enormous opportunity to become a green hydrogen world leader. ...
... to subcritical coal, due to the higher initial capital costs.
Through the development of the study, we took note that investment in HELE technologies can reduce ASEAN emissions by up to half a billion ...
... for A$190 million. First gold concentrate was shipped from the conventional bottom-up longhole stoping mine in June 2020.
NORTHERN STAR RESOURCES GETS NEW MACHINE
Russell Mineral Equipment ...