Rio Tinto and the Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation have signed a co-management agreement for the iron ore operations on PKKP Country. It formalises how the miner and Traditional Owners engage on proposals affecting heritage and social surroundings throughout the mine lifecycle. “The destruction of the Juukan Gorge rock shelters on the 24th of May 2020 brought…
Read More
Lynas Rare Earths has signed a non-binding memorandum of understanding for the supply of mixed rare earths carbonate (MREC) from Menteri Besar (MB) Inc., the strategic investment arm of the Kelantan state government in Malaysia. “This is a significant step for Lynas and the Malaysian rare earths industry, bringing together Lynas Malaysia’s over a decade of rare earths industry expertise,…
Read More
The Tasmanian government has issued a $7.5 million loan to Group 6 Metals for its struggling Dolphin tungsten mine on King Island, reported ABC News. This dovetails the government recently acquiring 12% of the company’s shares after Group 6 couldn’t repay a previous loan. A government spokesperson said the new loan was approved because the mine is “critical” for regional…
Read More
Glencore Australia’s Ulan Coal Mine Complex – one of the country’s largest coal mines – has received approval to expand its underground operation, reported ABC News. The miner will be able to extract a further 18.8 million tonnes of coal at the New South Wales site. Additionally, the determination extends the life span of the mine by a further two…
Read More
In an update on the staged ramp up of its Iron Bridge magnetite operation in Western Australia, Fortescue said it is targeting fiscal year 2028 to achieve nameplate capacity of 22 million tonnes per annum. When the miner announced plans to build Iron Bridge in 2019, it pledged to have the project ramped up to full production rates by June…
Read More
With the support of Enterprise Singapore, and in partnership with AI Singapore, BHP said it will open its first Industry AI Hub later this month in Singapore to accelerate digital transformation and AI adoption in the mining and resources sector. The hub will support the growth of BHP’s digital capabilities in Singapore and the region, with plans for a number…
Read More
Lynas Rare Earths has confirmed first production of Dysprosium Oxide (Dy) at its Malaysian facility, marking a significant milestone as the world’s only commercial producer of separated heavy rare earth products outside China. “The production of this on spec Dy is a significant step for supply chain resilience and provides customers with the option of sourcing product from an outside…
Read More
An unnamed Indian miner and steelmaker has selected FLSmidth to supply a full flotation technology package for what is set to become one of the world’s largest, most efficient and sustainable iron ore beneficiation plants. The OEM said the plant will be fed with domestic, low-grade iron ore where the FLSmidth flotation system will upgrade it to a final product…
Read More
Barminco, the underground mining subsidiary of Perenti, has signed a new contract to continue underground mining operations at Gold Fields’ Agnew gold mine near Leinster, Western Australia. The new contract, valued at A$500 million, is for three years with an optional one-year extension. Services include underground development, production and related mining services. “We are very pleased to be extending our…
Read MorePeak Rare Earths said that Chinese rare earths producer Shenghe Resources will acquire the Australian firm for A$150.5 million, in addition to the full amount raised under Peak’s proposed A$7.5 million entitlement offer. Under the deal, the state-owned miner’s unit Ganzhou Chenguang Rare Earths New Material will buy Peak for a minimum of A$0.359 per share in cash, if the…
Read More