Alltype Engineering, a subsidiary of mining services company WestStar, has secured $10 million of contracts and extensions across the energy, mining and infrastructure sectors.
Lithium miner Pilbara Minerals will use a $US15 million prepayment from one of its offtake partners to fund plant improvements at its Pilgangoora operations.
Local businesses SIMPEC and IronMerge have secured their first contract as a joint venture, providing upgrades to Pilbara Minerals' lithium operations in Western Australia.
Shares in Pilbara Minerals continued their strong rally today as the company announced record quarterly shipments and highlighted the lift in global lithium prices.
Pilbara Minerals has moved closer to gaining control of Altura Mining's key asset after striking a $US175 million agreement with the lithium miner's receivers and managers.
Galaxy Resources, Pilbara Minerals and Altura Mining will receive a 50 per cent rebate on royalties paid, due to the declining spodumene concentrate price.
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.
Pilbara Minerals has lodged a $US175 million bid for fellow lithium miner Altura Mining, though Altura is working on its own recapitalisation plan after being put in receivership.
Perth-based lithium producer Altura Mining has been placed in receivership after the ASX-listed company was unable to refinance its debt, placing 100 jobs at risk.
There's life in WA's shell-shocked lithium mining and processing industry, according to one of its veterans, Pilbara Minerals chief executive, Ken Brinsden.
Tesla's remarkable 290 per cent share price rise over the past four months has been dismissed as speculative overkill, but even if that's true it is hard to ignore the pace at which its electric-powered cars are selling - and the amount of battery metals they're consuming.
Pilbara Minerals says it will make big cost savings after refinancing its existing debt facility, with continued backing from Clean Energy Finance Corporation and global bank BNP Paribas.
Gold miner Saracen Mineral Holdings has been added to the S&P/ASX 100 stock index, reflecting strong growth in the company's market value this year, while Seven West Media's steep slide has see
A report backed by the Pilbara's big miners has found that iron ore exports are expected to grow modestly over the coming decade, well below the extra port capacity the miners themselves are seekin
Pilbara Minerals has signed a five-year offtake agreement with China-based Yibin Tianyi to supply lithium from its Pilgangoora project in Western Australia.
The Australian share market has suffered yet another day of carnage, plunging again after US President Donald Trump suspended travel from Europe for a month to limit the coronavirus pandemic.
The amount of money raised by ASX-listed explorers increased by 19 per cent to $1.61 billion in the December quarter, primarily for larger companies with lower-risk projects, according to a new report from accounting firm BDO.
The Australian share market has suffered its worst day in over four years, closing the day at a six-month low amid a growing panic the coronavirus outbreak will trigger a global recession.
OPINION: WA again stands to be the beneficiary of trouble elsewhere, with local producers of lithium, gold, iron ore and hydrocarbons the likely winners.
At least $1.6 billion of equity has been raised by WA-linked critical minerals hopefuls in the past five years, but achieving consistent returns is another battle.
updated: Pilbara Minerals temporarily suspended its operations today after Homicide Squad detectives were called to investigate a suspicious death at its Pilbara lithium mine.
Continued Chinese investment into Western Australia could hinge on a fair outcome in the long-running dispute between CITIC Pacific and Clive Palmer's Mineralogy, according to Consul General Zhihua Dong.
Mining technology company Imdex is the latest addition to the BN30 index, Business News's Western Australian equivalent of the Dow Jones index on the New York Stock Exchange.
OPINION: Every cloud has a silver lining, even the attacks on the Saudi Arabian oil industry, because they could provide the incentive for customers to seek more liquefied natural gas from Western Australia.
The number of women in executive leadership positions across Australia's largest listed companies is slowly increasing according to a new report, with Emeco Holdings, Wesfarmers and South32 the top performers for Western Australia.
Pilbara Minerals has undertaken a $91.5 million capital raising, underpinned by China's largest manufacturer of electric vehicle batteries, as it seeks to strengthen its balance sheet amid a downturn in the lithium sector.
Pilbara Minerals has halted an attempt to offload up to a 49 per cent stake in its Pilgangoora lithium-tantalum project, but has executed a binding joint venture agreement with South Korean offtake partner POSCO.
Galaxy Resources said it expects to record a non-cash impairment charge of between $US150 million ($222 million) and $US185 million ($274 million) for the first half of 2019, reinforcing the current bleak conditions in the lithium sector.
Updates from two WA lithium miners today have highlighted the extent of the supply glut in the industry, with Pilbara Minerals confirming it will scale back production and Alita Resources launching a strategic review.
Altura Mining and Pilbara Minerals have struck offtake agreements with Chinese firms for lithium concentrate from their respective Pilgangoora projects.
Construction costs for many lithium refining projects have been revised up in the past year as proponents rethink the scale and scope of their developments, with Tianqi Lithium's Kwinana project the latest to run higher than forecast.
