West Perth-based Tungsten Mining NL will acquire the remaining 80 per cent interest in the Hatches Creek tungsten project from joint venture partner GWR Group.
Iron ore producer GWR Group is looking to initiate a move into the battery metals market by acquiring a large stake in Jindalee Resources' Prospect Ridge magnesite project in Tasmania.
GWR shares were up some 13 per cent on the news that mining operations would recommence at the C4 project in Wiluna after being put on hold in September last year.
GWR Group has become the fourth junior iron ore company to suspend operations or review its strategy in light of the dramatic fall in the commodity's price.
GWR Group has confirmed a fatality involving one of its contractor's trucks, which rolled over on Goldfields Highway yesterday while transporting iron ore to the Port of Geraldton.
GWR Group has joined a growing list of companies aiming to start small iron ore mines in WA, after signing a term sheet with contractor Pilbara Resource Group.