Author: Chloe Coutinho

The Filo acquisition was approved by Filo Corp. shareholders on September 26, 2024, and the final court order for the plan of arrangement has been obtained.

BHP, Lundin Mining acquire Filo Corp

BHP, Lundin Mining acquire Filo Corp BHP Canada (ASX: BHP) and Lundin Mining have formed a joint venture (JV) company, Vicuña, following their acquisition of Filo Corp that finalised today. The 50:50 JV will hold the Filo del Sol (FDS) copper project and the Josemaria copper project located in the Vicuña district of Argentina and Chile. Prior to completion, Lundin Mining owned 100% of the Josemaria project. At completion, BHP Canada acquired a 50% interest in the Josemaria copper project from Lundin Mining. BHP Canada and Lundin Mining then contributed...

All funding allocations are subject to a Financial Assistance Agreement with the State.

Pilbara Minerals nets $15m grant

Pilbara Minerals nets $15m grant Three major job-creating regional projects will receive a multimillion-dollar funding boost as part of the WA Government clean energy plan to diversify the economy and set WA up for the future. The WA Government has allocated $34m through its Investment Attraction Fund to three clean energy projects that will drive new job opportunities across WA. WA Premier Roger Cook says WA is on track to become a global clean energy powerhouse, to keep its economy for the long term and create the jobs of the future in the State. "These projects are at the cutting edge of the...

(Image source: Anglo American) Anglo American project manager Malcolm Smyth and Queensland Mines Rescue Service chief executive Tim Jackson on the Moranbah South lease site.

Anglo American new cutting-edge training centre

Anglo American new cutting-edge training centre A new training centre in a prime Moranbah position will help boost mines rescue capabilities and shorten response times when incidents occur in Queensland’s Bowen Basin mining hub. Anglo American and Exxaro — which own a 50-50 joint venture steelmaking coal exploration project at Moranbah South — have leased an 18ha parcel of land to Queensland Mines Rescue Service (QMRS). The land, on the corner of Railway Road and Moranbah Access Road, is opposite the planned site for stage 3 of the Resources Centre of...

(Image source: Bravus Mining and Resources) A Bowen Rail Company trail hauling coal from the Carmichael mine along the Carmichael Rail Network.

No Detours ahead as fauna- friendly crossings share the line on the Carmichael Rail Network

No Detours ahead as fauna- friendly crossings share the line on the Carmichael Rail Network Coal from Bravus Mining and Resources’ Carmichael mine near Clermont in central Queensland is making its way to port on a rail line where cutting edge freight technologies are rivalled by the sophistication of fauna-friendly crossings. Bravus Mining and Resources chief operating officer Mick Crowe says the 200km Carmichael Rail Network includes hundreds of design features to support local biodiversity on a line also setting new standards for freight transport. “The design means not only does our coal get to...

(Image source: Alcoa of Australia) Pinjarra Alumina Refinery.

Alcoa secures gas supply for alumina refineries

Alcoa secures gas supply for alumina refineries Alcoa of Australia (ASX: AAI) has inked a new gas supply agreement with Chevron Australia for its WA alumina refineries. Effective January 1, 2028, the agreement will provide a total of 130PJ of gas over a 10-year period. Alcoa Australia president Elsabe Muller says the new contract plays an important role in securing the future of Alcoa’s WA operations and continues its association with one of the state’s longstanding domestic gas suppliers. “This agreement with Chevron forms part of our long-term energy strategy focussed on ensuring our refineries remain globally competitive whilst sustaining thousands of direct and indirect jobs and businesses...

(Image source: POSCO Holdings) POSCO Holdings and Australian mining company Hancock Prospecting signed a business agreement on lithium cooperation via a video conference connecting Korea and Australia. Pictured (L-R) are POSCO Holdings rechargeable battery materials head Jun-hyung Kim, Hancock business development manager Daniel Wade, Hancock chief executive Garry Korte and POSCO Holdings lithium business team head Lee Seong-won.

POSCO Holdings, Hancock join forces

POSCO Holdings, Hancock join forces POSCO Holdings and Hancock Prospecting have formalised their collaboration by signing a memorandum of understanding (MoU) on lithium cooperation. Under the agreement, POSCO Holdings and Hancock Prospecting will pursue a lithium business venture with an annual production capacity of 30,000 tons. The two companies will jointly evaluate optimal sites for establishing the lithium...

The NeoSmelt project remains open for collaboration with other parties that complement its objectives.

BlueScope, BHP and Rio Tinto decarbonise steel

BlueScope, BHP and Rio Tinto decarbonise steel Australia’s two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area in WA as the location to develop Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The groundbreaking project combines the expertise of BlueScope (ASX: BSL), BHP (ASX: BHP) and Rio Tinto (ASX: RIO) to test technology to enable the use of Pilbara iron ore to produce iron without the need for traditional blast furnaces, as the companies come together to try to accelerate the decarbonisation of steelmaking. The industry leaders formed the NeoSmelt collaboration in February 2024, combining...

Initial extensional and grade control drilling at Scotia has returned several wide high grade intersections from both outside and inside the current ore reserve.

Pantoro: high grade gold at Scotia

Pantoro: high grade gold at Scotia Pantoro (ASX: PNR) has provided an update on its initial underground development and diamond drill results from the southern end of the Scotia orebody in WA. Grade control results have demonstrated both strike and width increases to the current ore reserve in the areas tested. Initial extensional drilling has confirmed additional wide, high grade mineralisation below the current mine plan, highlighting the potential for significant resource growth and extended mine life. Initial drill testing beneath the current Scotia South ore reserve has returned 9.2 m @...

In accordance with the terms of the Yeneena earn-in and JV agreement, each company contributes pro-rata funding for exploration expenditure.

IGO, Encounter Resources enter copper JV

IGO, Encounter Resources enter copper JV IGO (ASX: IGO) has entered a joint venture (JV) with Encounter Resources (ASX: ENR), following the sole funding of $15m of exploration expenditure on the company’s Yeneena project in WA. The exploration expenditure earned IGO a 70% interest in Yeneena. Yeneena comprises a major land position in the highly prospective Paterson Province in northern WA, targeting copper-cobalt mineralization. The project is located 60km south-west of the major gold-copper mine at Telfer, owned by Greatland Gold — which the company recently acquired from Newmont Mining (ASX: NEM) — and south of...

Alcoa’s rehabilitation mosaic_

Alcoa’s rehabilitation mosaic

Alcoa’s rehabilitation mosaic Bauxite mining in the Northern Jarrah Forest As the most abundant metal in the Earth’s crust, aluminium is all around us from the planes, trains and cars we use to navigate, to the computers and phones we use to connect. As a plentiful, lightweight, durable and infinitely recyclable material, it will continue to stick around, especially given its emerging role in renewables energy technology. According to the International Aluminium Institute, aluminium is one of the most recycled materials on earth, with almost 75% of the 1.5bt ever produced still in use today. As a major input for solar panels and wind turbines,...

Leveraging lithium

Leveraging lithium

Leveraging lithium In the fifth instalment of the Australian Mining Review’s critical minerals series, we speak with Australia’s national science agency, CSIRO Futures mineral resources lead Max Temminghoff and CSIRO critical minerals lead with the Australian Critical Minerals Research and Development Hub Chris Vernon for a deep dive into emerging mid-stream processing pathways for lithium as highlighted in the agency’s From Minerals to Materials: An Assessment of Australia’s Critical Minerals Mid-Stream Processing Capabilities report. Lithium-ion batteries (LIBs) are expected to drive a surge in demand for critical battery materials lithium, cobalt and graphite. These essential minerals present significant concentration and sustainability concerns across their supply chains, meaning research, development and demonstration (RD&D) activity will need a boost, both domestically and...