Saudi mining plan gets $3 billion EV boost from Australian firm

Mining News Pro - An Australian company plans to invest $3 billion in Saudi Arabia in a bet on the metals used in batteries for electric vehicles.

Australia says iron ore price expected to reach $150 by late 2021

Mining News Pro - The iron ore price is expected to reach $150 per tonne by late 2021, before falling to $93 per tonne by the end of 2022, according to a report released by Australia’s department of industry, science, energy & resources.

BHP opens Australia’s first nickel sulphate plant

Mining News Pro - BHP said on Friday it had produced the first nickel sulphate crystals from its plant in Kwinana, outside Perth, a part of the miner’s strategy to grow its battery metals footprint to meet expected soaring demand.

Mining has helped Australia weather the COVID-19 storm

Mining News Pro - Federal Minister for Resources and Water Keith Pitt explores the strength of Australia’s pandemic-struck mining and resources sector.

Indigenous engagement progressing in Australian mining

Mining News Pro - The effort to better acknowledge and include First Nations peoples in the Australian mining industry is advancing as more Indigenous initiatives are introduced and more Indigenous contracts awarded.

Geoscience research unearths southern Australia’s resources potential

Mining News Pro - New data from the Australian Government’s Exploring for the Future initiative could benefit the mining of minerals such as copper, gold, lead and zinc in southern Australia.

BHP paid A$34.1bn to Australia in 2021

Mining News Pro - Mining major BHP on Wednesday unveiled that it had contributed $34.1-billion to the Australian economy in the 2021 financial year.

Risk and reward for Australian critical minerals

Mining News Pro - KPMG has outlined a rising lack of trust and increased competition as risk factors for the Australian minerals industry, with plenty of opportunity arising as a result, according to its latest report.

Australian trade backed by coal

Mining News Pro - Thermal and coking coal production has helped the overall balance of goods and services to record levels in July, according to Australian Bureau of Statistics (ABS) trade data.

Fortescue investors invited to vote on Western Australia heritage law

Mining News Pro - Fortescue Metals Group shareholders will be invited to express support for a stronger Aboriginal say on Western Australia’s new heritage protection laws at a shareholder meeting in October, a resolution filed on Wednesday showed.

Australian gold production outpaces China

Mining News Pro - Australian gold production in the first six months of 2021 reached 157 t, which was 4 t higher than China.

Australia surpasses China in gold production

Mining News Pro - Australian gold production for the first half of 2021 was four tonnes more than China’s figures for the same period, according to Melbourne consulting group Surbiton Associates.

POSCO continues Australian investment with Renascor offtake

Mining News Pro - Australia’s critical minerals sector has received further offshore backing after Renascor Resources entered a memorandum of understanding (MOU) with South Korean battery manufacturer POSCO.

Australian resources trusted by Korean investors

Mining News Pro - Australia’s critical minerals sector is viewed as one of the safest places to do business due to its high-grade policies and regulations, according to Trade and Investment Queensland (TIQ).

How native Australian plants could be a boon for mining industry

Mining News Pro - Native Australian plants could be used to extract rare earth minerals with less environmental impact than mining practices, according to a study by the University of Queensland’s Sustainable Minerals Institute.

Australia to assist India mineral exploration

Australia has taken another step towards becoming a major supplier of critical minerals to India with the release of Austrade’s report, Unlocking Australia-India Critical Minerals Partnership Potential.

Scania upgrades Western Australia warehouse as customer base grows

Mining News Pro - Scania Western Australia has moved into a more efficient parts warehouse outside Perth, to better service its customers in a range of industries such as mining.

Australian exploration shrugs off COVID-19

Mining News Pro - Gold and silver have attracted almost half of Australia’s exploration expenditure in the June quarter of 2021, according to a report from Austex.

OZ creates value, relationships in South Australia

Mining News Pro - OZ Minerals has trialled hydrogen direct injection for improved drill rig efficiency at its Prominent Hill copper-gold mine in South Australia, among other enhancements to its operations.

Korea looks to Australia for reliable battery materials

Mining News Pro - Australian critical minerals miners have caught the attention of Korean battery manufacturers as the east Asian powerhouse looks to diversify its supply chain.

EU emissions tax threatens Australian exports

Mining News Pro - The European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) has sparked debate among those concerned with Australia’s exports and carbon emission regulation.

Australian METS paves the way to India

Mining News Pro - RTI has partnered with the Australian Trade and Investment Commission to overcome international boundaries and export its bulk scanning solution to India, highlighting what Australian METS companies can today achieve.

Western Australia plans world’s biggest renewable energy hub

Mining News Pro - An international consortium plans to build what would be the world’s biggest renewable energy hub along the south coast of Western Australia.

Australian critical minerals sector to explore blockchain tech

Mining News Pro - The federal government has funded a blockchain pilot project to increase competition in Australia’s critical minerals sector.

Robust China coal demand amid Australia import ban fuels price rally

Mining News Pro - Seaborne coal has become a quiet winner among energy commodities, lacking the attention of higher-profile crude oil and liquefied natural gas (LNG), but enjoying strong gains amid rising demand.

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