Privately held Dundas Mining is restarting its Avebury nickel mine in Tasmania early next year and Swiss trading house Transamine has secured the offtake.
Tasmania Mining News
In commercial production since 1896, the Mount Lyell copper and gold mine on Tasmania's west coast was put on care and maintenance two years ago.
Anxiety rising in the region.
VIDEO: 'Macho' points are at stake in brawny competition.
BHP Billiton (NYSE:BHP) surprised the market this morning with good news by announcing it will restart its TEMCO manganese operations in Tasmania by the end of August.
The steel-gray metal – one known for its high melting point, which makes it ideal for use as a filament, superalloy or in military applications – is making a resurgence as market machinations in China restrict exports and western miners scramble to meet demand.