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Sandvik launches its most advanced top hammer tool systems Sandvik has launched the CT55 and CT67 top hammer tool systems to increase efficiency, reduce cost, save fuel and simplify automated drilling. The multi-patented, first-of-its-kind curved thread design reduces stress levels by distributing them over a larger area inside the tool. This enables the system to handle higher drilling power and a drill rig’s full potential. Sandvik vice president of product line top hammer Anders Brungs commented on the new systems. “We are proud to offer an innovation that delivers significantly increased efficiency, since higher drilling parameters are allowed with fewer stops for breakages,” he said. “Our design increases productivity...

Rio Tinto begins Australia’s largest ever demolition project at Gove Rio Tinto (ASX:RIO) is undertaking the largest demolition project in Australia’s history at its Gove alumina refinery where the equivalent of three Sydney Harbour bridges in steel will be shipped and recycled. This demolition is part of the broader closure program at Rio’s Gove operations where bauxite mining is expected to stop later this decade. The first shipment, which contains around 15kt of scrap steel, recently left the Gove wharf for Asia to be converted into new steel wire, bar and beam products. All up, 142kt of steel in 10 shipments...

Multiple high priority lithium anomalies defined at Mt Dove Seven high priority lithium anomalies have been defined at Flynn Gold’s (ASX:FG1) Mt Dove project in the Pilbara region of WA. The anomalies come from an in-fill soil sampling program which was designed to evaluate multiple lithium and gold anomalies outlined from an ultra-fine fraction (UFF) soil sampling program. The seven high priority anomalies reveal broad areas of lithium soil anomalism, extending lengths between 600m and 3.1km plus widths of between 200m and 1km. Furthermore, the anomalies lie with the predominantly shallow sand covered eastern part of Mt Dove. In addition to the seven high-priority coherent lithium geochemical anomalies, 11...

Fenix Resources boosts production with 500kt iron ore purchase agreement Fenix Resources (ASX:FEX) has signed a binding ore purchase agreement with iron ore producer 10M for the purchase of 500kt of high-grade hematite iron ore. Under the 24-month period, 10M will supply 500kt of +60% iron direct shipping ore (DSO) from the Woolbung Peak deposit within the Twin Peaks direct shipping iron ore project. Using its expanded port capacity and logistics capabilities, Fenix will be responsible for haulage, storage, port services, ship loading, marketing and sales. Fenix chairman John Welborn says the company is delighted to be partnering with 10M. “The 10m ore purchase agreement is...

WA invests $4m for carbon capture hub The WA State Government will invest more than $4m to establish a carbon capture, utilisation and storage (CCUS) industry in the state. CCUS involves capturing and storing carbon dioxide to reduce emissions from industrial-scale processes and projects, and it will play an important role in decarbonising hard-to-abate industries across the world. Commissioned and co-funded by the WA LNG Jobs Taskforce and undertaken by CSIRO and the Global CCS Institute, the study found WA is capable of storing its own carbon and turning existing infrastructure into CCUS hubs. To help progress CCUS in WA, the State Government will invest $4.3m towards a CCUS action...

FMG forms Fortescue Capital Fortescue Metals (ASX:FMG) has formed Fortescue Capital — headquartered in New York — and named Robert Tichio as chief executive and managing partner. An integral part of Fortescue’s commitment to deliver green energy projects and decarbonisation investments, Fortescue Capital is a new green energy investment accelerator platform tasked with delivering greater returns for shareholders. Fortescue Energy chief executive Mark Hutchinson commented on Fortescue Capital. “Fortescue is taking is global pipeline of green hydrogen and green ammonia projects to final investment decision, and in doing so has communicated our intention and desire to bring additional...

Stage two metallurgical testwork begins at Canegrass Viking Mines (ASX:VKA) has engaged ALS Metallurgy to undertake stage two metallurgical testwork from 29 samples taken from the Canegrass battery minerals project in WA. Samples come from a recent 7500m drilling program which was undertaken to infill and extend the main mineralised zones as well as assess new target areas. This drilling program was successful in that it expanded the mineralised zones and confirmed the continuity of mineralisation. This stage two testwork is aimed at assessing the metallurgical properties on areas assessed by this recent drilling as well as producing a vanadium pentoxide flake. Viking managing director and chief executive Julian Woodcock says he...

Fortescue launches positive power plan at APEC Fortescue Metals (ASX:FMG) has launched the positive power plan at the 2023 Asia-Pacific Economic Cooperation (APEC) Summit in San Fransisco. The plan was developed by Fortescue is response to global research and a lecture tour that escalating atmosphere heat is accelerating global humidity levels to a level that can be lethal. In response to this, Fortescue formed the Lethal Humidity Global Council of scientists from Oxford, Cambridge, NASA, MIT, Harvard, CSIRO, Sydney University, Melbourne University, IIT Delhi, Peking University and Tsinghua University. These scientists warned that lethal humidity — which is currently responsible for thousands of deaths worldwide — could be responsible...

WA to deliver $134m in funding to reduce emissions The WA State Government will deliver $134m in funding to slash the State’s greenhouse gas emissions and drive new job opportunities in clean energy industries. This funding comes ahead of the WA Government’s energy transition summit which will outline the course for WA’s journey to becoming a global renewable energy powerhouse. Of the $134m, $60 will go towards investing in new energy projects across WA through the Government’s flagship Investment Attraction Fund (IAF). The IAF opens today and offers funding for projects in battery and critical minerals processing, renewable hydrogen, advanced manufacturing in wind and solar componentry, carbon capture and storage...

Hannans and Metalfer join forces for proposed lithium battery recycling partnership Hannans (ASX:HNR) and Serbian steelmaking company Metalfer Group have executed a binding collaboration agreement for a proposed lithium battery recycling partnership. In 2022, the companies began due diligence to support the decision of entering this agreement. Under the agreement, Hannans and Metalfer will work together to complete a feasibility study for a 10tpd spoke battery shredding plant. The feasibility study covers project economics, preliminary equipment design, layout, schedule, permitting and cost estimates. Hannnas and Metalfer will also work together to prepare a feedstock business plan based on an annual lithium-ion battery volume of no less than 4000t comprising of nickel-manganese-cobalt, lithium-manganese-cobalt, lithium-cobalt-oxide and...