Bluestone resumes Renison operations

Bluestone Mines Tasmania Joint Venture said it has been given clearance to commence a staged resumption of operations at its Renison tin mine following a precautionary shutdown due to a nearby bushfire. “We appreciate the patience and understanding of our staff and contractors during this challenging period for the operation and the broader West Coast community,” the miner stated. “The…

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China restricts exports amid U.S. tariffs

China said it would restrict exports of five metals used in defense, clean energy and other industries in response to U.S. tariffs, reported Reuters. An additional 10% tariff on Chinese imports into the U.S. came into effect last week. The new restrictions stop short of outright export bans and are narrowly targeted in some cases, noted the news agency. Licenses…

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Caterpillar to celebrate 100 years at bauma

Caterpillar Inc. will showcase a wide range of equipment, technologies, power options, and services at bauma Munich from April 7-13, in Hall B6. The theme, “The Next 100 Years,” highlights Caterpillar’s commitment to innovation and sustainability. Covering over 9,000 m2, Caterpillar’s exhibit will feature 48 machines, including 17 new introductions or upgrades. These include enhancements to the battery electric line-up,…

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Fortescue to tap undeveloped iron ore with Red Hawk deal

Fortescue plans to purchase Australian peer Red Hawk Mining in an off-market takeover bid to gain access to an undeveloped iron ore mine near its major Solomon project in Western Australia, reported Bloomberg. An offer price of as much as A$1.20 cash per share implies an equity value of A$254 million ($160 million) for Red Hawk. “Red Hawk is the…

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