KPMG has identified structural shifts between major mineral producing nations as a major risk for Australia’s resources sector.
IGO has upped its profits to $549 million for the 2020-21 financial year following the company’s divestment of its Tropicana gold mine interest and successful capital raising.
Element 25 has shipped its second load of manganese concentrate from the Butcherbird project in Western Australia, setting the stage for it to move to larger shipments to capitalise on shipping tariffs.
Galaxy Resources and Orocobre have completed their merger and will rebrand as Allkem, setting the stage for the creation of one of the world’s largest lithium companies.
Australian Mines has signed a binding offtake agreement with LG Energy Solution (LGES) for nickel and cobalt materials from the Sconi project in North Queensland.
Galan Lithium has secured a $50 million placement to progress its lithium projects in Australia and Argentina.
Lake Resources has received a formal expression of interest from UK Export Finance to fund 70 per cent of the Kachi lithium project in Argentina.
Core Lithium has inked a four-year binding offtake agreement with China’s Ganfeng, in a move that bolsters development of its Finniss lithium project in the Northern Territory. Read more
The 2021 Deloitte WA Index has revealed mining companies have added significant value to the state’s total market capitalisation.
Pilbara Minerals has delivered a record 95,972 tonnes of spodumene concentrate in the June quarter from its Pilgangoora lithium-tantalum project in Western Australia.