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
Australian contractor Macmahon has been selected by PT Masmindo Dwi Area, a subsidiary of PT Indika Energy, for mining services at the Awak Mas gold project in South Sulawesi, Indonesia. The scope of service includes open-cut mining activities and mine site development. The seven-year contract, with an option to extend for a further five years, is expected to commence in…
Read More
China’s Zijin Mining said it was in talks with Zangge Mining’s two shareholders to buy a controlling stake in the miner. The potential deal would allow Zijin to consolidate its ownership over the Julong copper project in Tibet, its joint venture with Zangge. Tibet Zangge Venture Capital and Ningbo Meishan Bonded Port Area Xinsha Hongyun Investment Management collectively own about…
Read MoreTelstra Enterprise and Ericsson announced recently the first Australian deployment of their industry-leading Telstra Dedicated Networks – Industrial (TDN-I) managed wireless solution has arrived for the country’s industries, including mining. This fully managed service offers customers a private network experience without the upfront costs of building towers, whilst also enjoying the benefits of Telstra’s spectrum with guaranteed bandwidth. This new…
Read More
India’s Council of Scientific & Industrial Research – Central Institute of Mining and Fuel Research (CSIR-CIMFR) has successfully conducted the country’s first trial blast for the dozer push mining method. This innovative approach aims to enhance safety and operational efficiency in mining processes by utilising unmanned, automated machinery. The trial was conducted at the PEKB (Parsa East and Kanta Basan)…
Read More
The Jhanjra Area of Eastern Coalfields has achieved a significant milestone with the launch of a Gainwell standard height continuous miner (SHCM-3) – the first CM manufactured under the ‘Make in India’ program – at the Jhanjra colliery. A ribbon-cutting ceremony was attended last month by Eastern Coalfields executives, members of the JCC and representatives from INMOSSA. Additionally, the dignitaries…
Read More
PT Freeport Indonesia is in discussions with the government about being able to continue copper concentrate exports until its new Manyar smelter returns to full operations, reported Reuters. The miner was allowed to export copper concentrate until the end of December, as the smelter was expected to process its mine output domestically by then. However, a fire in October has…
Read More
Mongolia said it has reached a preliminary agreement with France’s Orano Mining Group to develop a long-awaited uranium mining project in the Dornogovi province, reported Reuters. The Zuuvch Ovoo project, with an initial investment of $500 million and a total investment of $1.6 billion, will start its preparatory phase from 2024 to 2027, with first production expected in 2028, the…
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