Sydney Rope Supplies

METRO Mining has completed the Definitive Feasibility Study (DFS) for the Stage 2 expansion of its Bauxite Hills Mine in north Queensland with estimated reserves of 109.5Mt and a mine life out to 2037. Once completed, the expansion will reduce unit operating costs and increase production capacity to 6M Wet Metric Tonnes (WMT) pa from 2021 onwards. Metro managing director and chief executive officer Simon Finnis said the completion of the feasibility study and selection of the preferred design for the FT was a key step to allow execution of the expansion at Bauxite Hills. “It builds on the outstanding production performance and operating experience gained since the mine commenced production in April 2018,” Mr Finnis said. “It is pleasing…

Mineral exploration spending in the Northern Territory shot up to $228.1m in 2023, a 14% increase on 2022’s figures of $199.9m. This 14% jump is well above the national average increase of 5%. The figure of $228.1m is the largest exploration figure the Northern Territory has seen in over 10 years and just shy of the highest expenditure ever recorded in the Norther Territory, which was $228.4m in 2011. The demand for critical minerals worldwide continues to drive the growth in exploration, with a large proportion of the increase attributed to lithium, rare earth elements and other critical minerals. Northern Territory Mining Minister Mark Monaghan commented on the increase. “Mineral exploration expenditure in the Territory continues to lead the country…

Steelwrist has appointed Walkers Hammers in Victoria, South Australia and Tasmania and Total Rockbreaking Solutions in Western Australia as its new authorised dealers for sales and support of Steelwrist products. Walkers Hammers and Total Rockbreaking Solutions provide solutions to Mining and Construction contractors and also all of the major Excavator manufacturers across many different applications including Civil, Demolition and Recycling. With extensive experience in the local markets and with a customer base and contacts across the machine dealer network, these partnerships promise to deliver knowledgeable and reliable service and exceptional products to the regions. Initially, the focus will be on the introduction of Steelwrist Automatic Oil products to the existing clientele. Steelwrist Australia will work closely with Walkers Hammers and…

ElectraLith, a spinout company from Monash University, has proven its direct lithium extraction and refining (DLE-R) technology can produce battery-grade lithium hydroxide using no water, no chemicals and minimal energy. Backed by Rio Tinto (ASX: RIO), IP Group and Monash Investment Holdings, the DLE-R technology can produce battery-grade lithium hydroxide from a range of lithium sources, including salar brines, geothermal oilfield brines and spodumene leach in locations across Australia, Argentina and the United States. This technology is emerging as the cleanest, most versatile and cost-efficient method for extracting and refining lithium. Most lithium extracting processes are costly and have negative impacts on the environment, such as carbon dioxide emissions, mineral waste and chemical pollution. DLE-R uses electro-membrane and electrodialysis technology…