Global Lithium Resources has attracted funding from one of the world’s largest EV battery producers via a $13.6 million capital raise while Blackstone Minerals is on track to raise $60 million.
Ramelius Resources has lifted its offer for Apollo Consolidated to $181 million to trump that of takeover rival Gold Road after securing backing from the target’s board and second largest shareholder.
A bidder’s statement has been sent to the shareholders of Gascoyne Resources, who will consider a $120 million takeover proposal while a conflicting merger deal heads to court next week.
Chemical manufacturer Albemarle hopes to build a 73MW power station at its proposed Kemerton lithium refinery in WA, replacing an original plan to source power from the South West grid.
Subiaco-based Auroch Minerals is set to spend funds raised from high-net worth investors to fund base-metal exploration campaigns across Western and South Australia.
Fallout from WA’s strained labour market has delayed the start of an offtake agreement between BHP Nickel West and Mincor Resources, setting back first production by three months.
Australia’s fourth largest iron ore producer secured record shipments during the first quarter of the financial year but weaker iron ore prices took a toll on average revenues.
Rio Tinto’s iron ore chief executive has told a parliamentary inquiry into sexual harassment in the mining industry he is “sickened” by recent events, as FMG unveiled its new alcohol policy.
A Perth lithium play backed by Gina Rinehart is seeking to fend off claims from a short selling fund that says its namesake zero carbon lithium project in Germany is a “non-starter.”
The federal government has given the environmental all clear for Hastings Technology Metals to build a rare earths processing plant in Western Australia’s Gascoyne region.
Subiaco-based West African Resources is raising funds to acquire another gold project in Burkina Faso where construction is expected to start early next year.
A $7 million state of the art drill research facility in Perth and a partnership with CRC ORE have been unveiled by Australia’s national science agency in a nod of support for mining research.
Shares in Mineral Resources fell sharply this morning after the iron ore miner revealed its realised selling price was less than half the benchmark price.
West Perth-based Firefinch is looking to raise more capital to develop its Mali gold and lithium projects in the company’s second round of fundraising activity this calendar year.
Mineral Resources and NYSE-listed Albemarle Corporation plan to restart production at their dormant Wodgina lithium mine in a show of confidence for the commodity’s long term outlook.
Westgold Resources has improved its all-scrip offer for fellow Western Australian goldminer Gascoyne Resources, following a rejected application to the Takeovers Panel.
The Takeovers Panel has rejected an application submitted by Westgold Resources in relation to its hostile takeover offer for fellow Western Australian goldminer Gascoyne Resources.
A Perth research institute focused on battery industries has signed up a consortium of companies, government agencies and universities to build a cathode precursor production pilot plant.
Lykos Metals’ shares have risen 60 per cent on the company’s first day of trading, while fellow Western Australian explorer Nimy Resources is seeking to list next month.
Kerry Stokes-backed BCI Minerals has approved the $1.2 billion Mardie salt and potash project, with main works to start early next year subject to completion of funding arrangements.
Gold Road Resources has stepped in to counter Ramelius Resources’ proposed takeover bid for Apollo Consolidated, tabling an all-cash unconditional offer.
Receivers have been appointed to Salt Lake Potash after the embattled business was unable to repay creditors and raise further funds needed for its Lake Way project in the Goldfields.
Rio Tinto plans a huge investment in wind and solar power to help reduce its direct and indirect carbon emissions by 50 per cent by 2030, more than triple its previous target.
