Australia’s Fortescue has signed a memorandum of understanding with Baowu Resources, a wholly-owned subsidiary of China Baowu Steel Group, to address challenges in decarbonising the global steel industry, reported Reuters. “We are committed to building a green iron supply chain,” said Fortescue COO Shelley Robertson. “The partnership with China Baowu will help further accelerate the development of green iron technology…
Read More
Two of Australia’s major miners and its biggest steelmaker plan to develop the country’s largest ironmaking electric smelting furnace (ESF) pilot plant in the Kwinana Industrial Area, south of Perth, in Western Australia. The companies formed the NeoSmelt collaboration in February 2024, combining BHP and Rio Tinto’s deep knowledge of Pilbara iron ore, with BlueScope’s unique operating experience in ESF…
Read More
Liontown has shipped its first cargo of spodumene concentrate, and also its largest load so far from Kathleen Valley in Western Australia, to LG Energy Solution under the pair’s long-term offtake agreement. The miner said the shipment left the Port of Geraldton on 10 December aboard the MV Bunun Queen. The shipment comprised of two separate Liontown cargoes, totalling about…
Read More
Rio Tinto will sell a 30% stake in its Winu copper-gold project in Western Australia to Japan’s Sumitomo Metal Mining Co. for $399 million, reported Bloomberg. “This is a unique opportunity to derisk our investment,” said Katie Jackson, Rio’s chief executive of copper. “We look forward to working more broadly as strategic partners to find new ways to deliver value…
Read More
The Chamber of Minerals and Energy of Western Australia said it welcomed an announcement of a relief package for the state’s lithium producers. “Falling lithium prices have forced a growing number of lithium operations to suspend or cease operations over the past 18 months,” said CME Chief Executive Officer Rebecca Tomkinson. “However, we know lithium remains a key commodity for…
Read More
Gold miner Spartan Resources has received key regulatory approvals for the mining and processing of underground ores to proceed at its Dalgaranga gold project in Western Australia. “With these final approvals now in hand, we are excited to move ahead with the next phase of development of the Dalgaranga project and advance systematically toward a production re-commencement, in the process…
Read More
Services company SRG Global has secured multiple contracts with existing mining clients across Western Australia. The company has entered into a five-year term contract for maintenance services associated with the continuous enhancement of Bauxite Residue Disposal Area embankments as well as other civil services with South32 at the Worsley Alumina bauxite and alumina refinery operations in the southwest region of…
Read MoreHelix Resources, via subsidiary Leichhardt Resources, has entered into separate binding letter agreements with OD4 Tom Price Pty Ltd and Omni GeoX Pty Ltd, respectively, to acquire a 51% interest in a portfolio of Western Australia projects in the Bryah Basin. Under the terms of the agreements, Helix has the right to earn up to a 90% interest in each…
Read More
Following a strategic review, Mineral Resources has decided to place its Bald Hill lithium mine in the Goldfields region of Western Australia on care and maintenance due to market conditions. “Placing Bald Hill on care and maintenance is a prudent decision but one not made lightly. The decision aligns with the work we have done across the company in recent…
Read More
Miner BHP will trial the first-ever, battery-electric Toyota HiLux double-cab ute prototype at its Port Hedland operations in Western Australia where it will be used in a range of applications traditionally performed by diesel-powered light vehicles. The trial will start in late November and run for about 12 months. “Joining with BHP to help further develop this HiLux BEV prototype…
Read More