Agnico Eagle CEO mulls move to go big or get small in Australia
Mining News Pro - Agnico Eagle Mines Ltd. is weighing what to do with its only Australian gold mine after landing two big takeovers within two years that turned the Canadian company into the world’s third-largest gold producer.
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Australia blocks Chinese investor from raising stake in rare earths miner
Mining News Pro - Australian rare earths producer Northern Minerals said on Tuesday that the federal government had prevented its largest shareholder, China’s Yuxiao Fund, from raising its stake in the company on grounds of national interest.
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BHP trials renewable fuel at Yandi iron ore operations in Western Australia
Mining News Pro - The world’s biggest miner, BHP said Thursday it is trialling the use of Hydrotreated Vegetable Oil (HVO) to help power mining equipment at its Yandi iron ore operations in Western Australia.
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Australian startup Recharge to buy failed Britishvolt
Mining News Pro - Australian startup Recharge Industries, which is building a lithium ion cell factory at home, is set to buy Britishvolt, a UK company that collapsed last month after struggling to fund a major electric vehicle (EV) battery recycling plant in northern England.
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Search team finds Rio Tinto’s radioactive capsule lost in Australia
Mining News Pro - The capsule was recovered after a nearly week-long search involving around 100 people along a 1,400 kilometres (870 miles) stretch of highway, officials said.
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Tianqi, IGO to buy Australian lithium junior Essential Metals
Mining News Pro - Tianqi Lithium Energy Australia, a joint venture between Tianqi Lithium and IGO Ltd, has made a A$136 million ($94m) bid to acquire lithium explorer Essential Metals as part of the partners’ plan to expand their footprint into Western Australia.
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Expansion and independence: Australia’s latest rare earth mines
Mining News Pro - Could a new wave of rare earth mines and project expansions build an independent rare earths industry for Australia?
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Visit: 136
Australia’s latest rare earth mines
Mining News Pro - Could a new wave of rare earth mines and project expansions build an independent rare earths industry for Australia?
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Visit: 88
Glencore scraps $1.3 billion Australian coal project
Mining News Pro - Peers including BHP (ASX: BHP) and Rio Tinto (ASX: RIO) are in the midst of a transformation away from carbon-emitting fossil fuels in favour of minerals necessary in the low-carbon energy transition, such as copper, nickel, lithium and cobalt.
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Glencore scraps giant Australian coal project on net-zero goals
Mining News Pro - The company won’t develop the A$2 billion ($1.3 billion) Valeria project in Queensland’s Bowen Basin, it said Thursday. The site would have produced about 20 million tons of coal a year, and been a major source of global carbon dioxide over its 37-year lifetime.
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Tech start-ups tap into Australian minerals sector’s need to decarbonise
Mining News Pro - Founder of energy-saver Plotlogic says industry is ‘posturing’ over plans to be more efficient
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Australia court blocks giant coal mine on human rights grounds
Mining News Pro - The Galilee Coal Project would add 1.58 billion tons of carbon dioxide to the atmosphere over its lifespan — more than triple Australia’s annual domestic emissions — and impact the human rights of future generations, the Queensland Land Court ruled on Friday.
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Australia learns there’s no replacement for the Chinese consumer
Mining News Pro - Still, outside iron ore and other key commodities, there’s been substantial pain for exporters. For a small and open economy like Australia’s, branching away from the emerging global superpower is easier to imagine than realize.
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Australian mining magnate Forrest calls for ban on seabed mining
Mining News Pro - Forrest said the Minderoo Foundation, which he and his wife Nicola fund with the dividends they get from Fortescue, will back a pause until there’s sufficient evidence that damage to ocean environments can be prevented.
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Australia could grab 20% of the world’s lithium refining by 2027
Mining News Pro - Australia is poised to grab a fifth of the world’s lithium hydroxide refining capacity within five years as demand grows for battery metals that bypass China, Canberra said in a report.
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Rio Tinto ousts Australian uranium unit directors over contentious report
Mining News Pro - Rio Tinto on Monday ousted the chairman and two other board directors at its uranium unit, a key victory in a dispute over potential mining in Australia’s Kakadu national park that had threatened its efforts to rebuild ties with indigenous groups.
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Australia’s mining state aims to build battery manufacturing hub
Mining News Pro - Western Australia is seeking to lure more overseas investment to become a key battery manufacturer, promising financial backers from ally nations they will avoid limits on foreign ownership or repatriation of profits.
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Rio Tinto, China Baowu to develop Australian iron ore project for $2bn
Mining News Pro - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.
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Glencore faces Australian challenge over net-zero strategy
Mining News Pro - Environmental lawyers ClientEarth said on Thursday they were supporting a complaint filed in Australia against Glencore alleging the miner and trader could be misleading investors and the public over its climate strategy.
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Australian miners to benefit from China stimulus
Mining News Pro - As China looks to emerge strongly from recent COVID lockdowns, Australian miners are set to welcome the economic return of their biggest export customer.
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Visit: 275
New Australia-based think-tank aims to broker enterprise relationships between miners
Mining News Pro - A new think tank, the Ian Kowalick Aboriginal Enterprise Institute, has been launched in Adelaide with the idea of helping Aboriginal people make more informed business decisions, particularly when it comes to resource extraction ventures in their traditional territories.
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Australia’s renewable energy ambitions dwarfed by coal
Mining News Pro - One of the refrains of the environmental lobby is that Australia is extremely well-placed to become a renewable energy superpower, and that this will replace the loss of revenue from coal and natural gas exports.
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Greatland Gold plans listing in Australia
Mining News Pro - Australia-focused explorer Greatland Gold has unveiled plans to list on the Australian Stock Exchange as the miner moves forward with its flagship Havieron gold-copper project in the Paterson region of Western Australia.
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The Australian diamonds that no one can see
Mining News Pro - Researchers working at the Clarke River Fault, west of Paluma in north Queensland, found the first metamorphic diamonds in rocks in Australia.
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Not enough women miners in Australia
Mining News Pro - Global investor and economist Dambisa Moyo this week became the first woman ever to deliver the keynote speech at the mining industry’s annual conference in Western Australia, a boost for the sector as it faces scrutiny over perceived sexism.
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Visit: 316