The federal government has allocated $25 million towards a battery industry research initiative to be headquartered at Curtin University, while the Bentley-based university today announced it had awarded the main construction contract for a $110 million development.
Toronto-listed Macarthur Minerals is moving forward with a proposed magnetite project in the Yilgarn, after announcing yesterday that it had chosen Aurizon as its rail haulage operator.
Spectrum Metals has received firm commitments from investors to raise $5 million via a share place, with the funds set to go towards the company’s Penny West gold project in Western Australia's Mid West.
Three junior explorers have announced capital raisings, with Beacon Minerals and Galan Lithium allocating the funds raised towards their respective flagship projects, while Pacifico Minerals is seeking to acquire a project.
Wesfarmers said its talks with the Malaysian government about Lynas Corporation had been mischaracterised, as the rare earths miner confirmed it was considering Western Australian sites for materials processing from its Mt Weld mine.
Westgold Resources has sold two lithium production royalties in the Goldfields to Silverstream, just over four months after it terminated an agreement to sell the royalties to the same company.
SRG Global has secured an $18 million contract with Kalgoorlie Consolidated Gold Mines, less than a week after it announced it won up to $115 million worth of drill-and-blast services contract extensions with Evolution Mining.
Global miner Rio Tinto has approved the $463 million construction of the Zulti South project in South Africa, a move it says will extend the presence of its majority-owned Richards Bay Minerals in the country.
Wesfarmers has confirmed it engaged in discussions with the Malaysian government in regards to its takeover target, Lynas Corporation, as the rare earths miner revealed it may set up processing operations closer to its Mount Weld mine near Laverton.
ASX-listed Maximus Resources has reached a sale agreement for its Burbanks gold processing plant in the Coolgardie region to privately owned, Perth-based Adaman Resources.
Listed companies Battery Minerals, Cassini Resources and First Graphene have completed share placements, with the proceeds to help fund their projects in the battery metals sector.
Mineral Commodities (MRC) has acquired Norwegian company Skaland Graphite, which the Welshpool-based miner said was the owner of the world’s highest grade flake graphite operation.
Shares in gold explorer Matador Mining closed nearly 40 per cent higher today after prominent industry figures Mark Clark and Nick Giorgetta backed a $5 million share placement.
A London-based private equity fund has agreed to a conditional cornerstone equity investment of $20.8 million in Kalium Lakes, giving it a 19.99 per cent holding in the aspiring potash producer.
The Perth District Court has found former C&G Group Industries director, Christopher Edward Eric Skelly, guilty of a fraud charge brought by the Australian Securities and Investments Commission.
Dyno Nobel has been fined $250,000 and ordered to pay costs of $30,000 in the Perth Magistrates Court, following the death of one of its employees at the Telfer gold mine in May 2015.
BHP Group said today it expected its Pilbara iron ore production to be reduced by between 6 million tonnes and 8mt this year because of the impact of flooding on its rail network and Port Hedland operations..
Fortescue Metals Group and joint venture partners Formosa Plastics Group and Baosteel Resources have approved the $US2.6 billion ($3.7 billion) development of the Iron Bridge magnetite project in the Pilbara, with the iron ore miner assuring the market it will not repeat the mistakes of earlier magnetite projects.
Fortescue Metals Group has awarded a major component overhaul and replacement services (MCORS) contract to three contractors with Port Hedland workshops, with Fortescue saying the contract would result in 17 full-time, local jobs.
Rio Tinto has revealed its full-year Pilbara iron ore shipments are expected to be at the lower end of its 338 million to 350 million tonnes guidance, after Tropical Cyclone Veronica damaged its Cape Lambert port.
Construction has officially commenced at Albemarle Corporation’s Kemerton lithium plant, which is expected to cost in excess of $1 billion and create 500 construction jobs and another 500 operational jobs in the south-west of Western Australia.
Pilbara Minerals has announced it is considering selling between 20 per cent and 49 per cent of its Pilgangoora lithium project, as it declared commercial production from the processing plant.
Monadelphous has won a second contract for BHP Group's South Flank iron ore project, just over a month after it secured an $108 million contract at the site.
Struggling gold miner Gascoyne Resources has announced a share placement and rights issue at a 50 per cent discount to its previous closing price, as it seeks to pay down some of its mounting debts.
Geopacific Resources has raised $4.3 million via a share placement, with the funds set to advance due diligence in relation to the financing of its $198.5 million Woodlark gold project.
