Author: Chloe Coutinho

Anglo American sells its slice of Jellinbah for $1.6b Anglo American has agreed to the sale of its 33.3% minority interest in Jellinbah Group (Jellinbah) to Zashvin for cash proceeds of $1.6b as part of the company’s larger plan to restructure its business by shedding unwanted assets. The Jellinbah Group is a joint venture that owns a 70% interest in the Jellinbah East and Lake Vermont steelmaking coal mines in Queensland. Zashvin is an existing 33.3% shareholder in Jellinbah alongside Anglo American and Marubeni. This deal follows the rejection of BHP’s (ASX: BHP) third unsolicited, non-binding and...

Big caps go global with battery technology Innovation is revving up in the mining industry, with several big caps rolling out revolutionary battery technology overseas, including Rio Tinto, Fortescue and Newmont. Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. Battery swapping technology allows a battery-electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging...

BHP backs WA community development BHP (ASX: BHP) has released its 2024 Community Development Report, showcasing ways the company is generating social value for its people, partners, communities, local economies and the environment. In FY24 BHP’s total community development expenditure in WA was over $894m, the highest on record for the company. BHP says it has been focused on creating new opportunities for its supply chain over recent years, including Traditional Owner and Indigenous businesses. “Our WA Iron Ore (WAIO) asset spent nearly $465m with 113 Indigenous vendors in FY24, surpassing our WAIO Indigenous and Traditional Owner direct spend target,”...

OD6 acquires one of Australia’s highest-grade, historical copper mines OD6 Metals (ASX: OD6) has announced the proposed acquisition of the Historic Gulf Creek copper project — a high grade volcanogenic massive sulphide (VMS) deposit in New South Wales. Historic underground mining, over 100 years ago, for the high-grade copper-zinc VMS style deposit averaged 2-6.5% copper with +100m vertical and +300m strike open in multiple directions. There is significant greenfield and brownfield exploration potential with over 3km of untested strike in the immediate mine-stratigraphy, and over 10km across the tenement, according to OD6. OD6 managing director Brett...

Haul road milestone drives Onslow Iron progress Mineral Resources (MinRes) (ASX: MIN) has marked another significant milestone at Onslow Iron project in WA, with completion achieved on the project’s dedicated private haul road. Designed and developed in-house by MinRes’ engineering and construction team, the 150km sealed haul road underpins the innovative pit-to-ship supply chain setting Onslow Iron apart from other iron ore operations. In May 2024, the project delivered first ore on ship ahead of schedule and is now ramping-up production to 35mtpa. Having reached completion of the 150km sealed and...

Westgold Polar Star lode gets its wings Westgold (ASX: WGX) continues to extend its Bluebird-South Junction mining complex in WA, through its ongoing resource development drilling which has returned a record drill intercept for the Polar Star lode. The record drill intercept of 3.71m at 18.02g/t of gold is a standout among other significant intersections returned from both South Junction and Polar Star. Resource development drilling will continue, with two surface drill rigs and two underground drill rigs in operation. Westgold managing director and chief executive Wayne Bramwell says the...

CSIRO, King weigh in on Australia’s relationship with mining CSIRO has released a comprehensive report examining Australian attitudes towards mining, highlighting public trust in mining has significantly improved over the past ten years. This shift coincides with a growing interest in critical and energy transition minerals, with 73% of respondents acknowledging that access to critical minerals is essential for achieving net zero emissions. The transition from fossil fuels to renewable energy requires critical minerals such as lithium, silicon, high purity alumina and rare earth elements. Conducted in collaboration with Voconiq, this latest survey marks the third instalment in...

WA CME: energy transition firing gun started; WA stranded in starting blocks The WA Chamber of Minerals and Energy (CME) released its Pre-Budget Submission (PBS), providing a comprehensive blueprint for the State Government to support the ongoing competitiveness of the resources sector and attract new investment and industries. Containing more than 80 recommendations, the 2025-26 PBS focuses on five key policy areas: competitive fiscal settings, efficiency in regulation, energy security and transition, regional economic development and fostering a safe, diverse and productive workforce. WA CME chief executive Rebecca Tomkinson says falling commodity prices — including iron...

Tasmania tackles historic mines with re-opening and reprocessing The Tasmanian Government has commenced work on the minerals Royalty Rebate Scheme, a key initiative under the State’s 2030 Strong Plan for Tasmania's Future. This scheme reflects the State Government's commitment to supporting sustainable growth in the mining sector while delivering environmental and economic benefits to Tasmania. Tasmanian Business, Industry, and Resources Minister Eric Abetz says the State Government is prioritising innovative ways to maximise the value of its mining sector. "The Minerals Royalty Rebate Scheme will incentivise the reprocessing of historic tailings and encourage the recommencement of operations at legacy mine sites — especially where environmental...

Funding extension to bolster onshore critical minerals processing WA Mines and Petroleum Minister David Michael announced a 12-month funding extension for the Cathode Precursor Production Pilot Plant (C4P), ensuring ongoing operations. The $1.49m funding commitment from the State Government via the Minerals Research Institute of Western Australia (MRIWA) supports a partnership between Curtin University, CSIRO and MRIWA and leverages the capability created by the Future Battery Industry Cooperative Research Centre. Minister Michael says the State Government recognises the importance of knowledge exchange, interdisciplinary research and innovation synergies to improve WA's global competitiveness. "This funding extension via MRIWA, ensures the C4P can...