Over the next few years, the lithium sector in Western Australia will benefit from project expenditure of several billion dollars.
Australia Mining News
The Ellendale mine produced around half of the world’s supply of rare yellow diamonds during peak production.
The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.
Rising costs, falling metals prices may eat into margins.
But the world's second largest producer said they will remain higher than the average reached last year.
The risk of blackouts in Australia's upcoming summer has grown from last year as ageing coal-fired power plants have become less reliable.
Australia's South32 Ltd posted a 16 percent rise in its annual underlying earnings, as healthy demand for manganese and alumina helped offset tepid output at its Illawarra coal project.
The problem for Australia is that this isn't something being imagined, it's the reality of a country that can't find political and social consensus on climate politics and the role of its vast reserves of coal, natural gas and even uranium.
Bullion production grew for nine consecutive years to reach an all-time high in 2017.
Advancing a nickel-copper-PGE sulphide deposits and gold in Western Australia.
Company is assessing the impact of an ongoing outage at the processing plant.
Analysts thought profits would reach $9.27 billion.
LMCH successfully argued that further payment for West Coast coal assets that it sold to Buller in 2010 in a deferred settlement agreement was due because Buller had triggered agreed production levels.
The Browns Range heavy rare earths pilot plant was officially opened late last month and will make Northern Minerals the only significant dysprosium and terbium heavy rare earth producer outside of China.
Fortescue Metals said that its annual profit halved as prices for its lower quality iron ore fell.
The Dorado-1 well was expected to find 545 bcf of gas but resulted in something much more valuable, a large commercial oil find.
The new fund, which will trade under the ticker symbol AAAU, will charge a fee of 18 basis points, or 0.18 percent of the value of an investment.
Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC.
In addition to RCT’s products, its technicians installed additional features as per requested by the client. This included stand-alone air conditioning, Ice Pak and rear personnel carrier to support the condenser, a custom bull bar, UHF radios and UHF.
Australia is at an economic crossroads. The perceived end of the mining boom and the disappearance of the last bastions of the traditional manufacturing sector have created uncertainty about Australia’s future and its place in the global economy.
Japanese utilities and global mining giant Glencore have settled an Australian thermal coal import contract for April 2018-March 2019 at $110 a tonne.
While lithium and potash are often found in the same deposits and mined together, the increasing number of projects aimed at producing the white metal shouldn’t have an impact in the potash market.
It's probably not what U.S. President Donald Trump had in mind when imposing tariffs on aluminium imports, but it looks likely that some of the big winners from the 10% import tax will be China's producers.
The need to store electricity, generated by renewable energy sources such as wind and solar, will also help demand to grow, the Metal Bulletin says.
Fitch Solutions Macro Research states that bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India’s production ramps up, and existing projects in Guinea drive growth.