Arafura Rare Earths says its Nolans project has the capacity to deliver strong financial returns after releasing a study with higher costs but increased revenue.
Business News has updated its listing of WA's biggest resources projects to incorporate a spate of new developments and analysed which projects are next.
Lynas Rare Earths has engaged a subsidiary of WestStar Industrial for fabrication work on a new Kalgoorlie processing facility, continuing the pair's business relationship.
The Amanda Lacaze-led miner is celebrating a record profit on the back of higher rare earths prices ahead of a year of big investment into expanding production capacity.
Lynas Rare Earths plans to substantially expand production capacity at its Mt Weld mine, adding to a big investment it is already making in downstream processing in the Goldfields.
After setting out in search of lithium and gold, Kula Gold fired a second volley of auger holes into its Rankin Dome project in WA's Southern Cross region and struck a welcome cluster of rare earth elements. The program uncovered some impressive results across the tenure with 70 per cent of the 375 samples registering more than 115ppm total rare earth elements with two samples peaking at 1080ppm.
Torian Resources has bolstered its heavy rare earths portfolio after a new discovery at its Mt Stirling project in Western Australia. The company believes ongoing work at the venture has identified additional yttrium oxide mineralisation and has labelled the new prospect Wishbone. Interestingly, the finding is within earshot of its recently announced Yttria heavy rare earths prospect.
Iluka Resources plans to proceed with construction of Australia's first fully-integrated rare earths refinery at Eneabba, with the federal government to provide most of the funding.
ASX-listed Meeka Gold appears to be unlocking more rare earths potential at its Circle Valley gold project 95 kilometres north of Esperance in Western Australia. The explorer says it has now defined ionic adsorption clay mineralisation over an area of 7km by 5km, yielding higher than 300 parts per million total rare earths oxides.
Hastings Technology Metals has received federal government backing to the tune of $140 million to build its Yangibana rare earths project in Western Australia's Gascoyne region.
Iluka Resources has reported a big cost increase at its phase 2 rare earths project at Eneabba as it finalises a feasibility study on a much larger rare earths refinery.
WestStar subsidiary Alltype Engineering has scored its first rotary kiln installation gig for Lynas Rare Earths while ushering in $3.5 million from investors to make a start on jobs in the pipeline.
Adbri has highlighted the importance of domestic manufacturing as it commenced a major upgrade of its Cockburn Cement operations and evaluates regional investments.
Mineral sands miner Iluka Resources has started work on three new projects while continuing to assess development of a fully integrated rare earths refinery north of Perth.
Eight businesses including Lynas Rare Earths, Albemarle Corporation and Australian Vanadium have secured nearly $50 million in federal government manufacturing grants.
Lynas Rare Earths has benefited from a favourable commodity market, having grown its net profit from $3 million to $40.6 million in the year to December 2020.
ASX-listed Lynas Rare Earths has entered into an agreement with the US Department of Defense to build a commercial light rare earths separation plant in Texas.
Chemical producer Coogee and corporate advisory firm Lisle Group have joined more than a dozen mining and engineering firms on a state government taskforce targeting future battery industries.
Our board moves wrap includes Boyd Timler, John Dimitropoulos, Anna Sloboda, Vanessa Guthrie, Meagan Hamblin, Karen Gadsby, Zaffer Soemya, Alec Pismiris, Matthew Blake, and David Sanders.
Lynas Corporation has moved closer to building its onshore rare earth processing facility, announcing it will lease 135 hectares of industrial-zoned land from the City of Kalgoorlie-Boulder.
Lynas Corporation is raising $425 million to build its proposed rare earths processing facility in Kalgoorlie, while also disclosing an annual loss of $19.3 million.
Rare earths miner Lynas Corporation has moved ahead with the development of its Kalgoorlie processing plant after signing a $21.6 million contract with Metso Outotec.
