Category: Developments

The NSW Government is investing $130 million in mining projects to help position the State as a major global supplier and processor of critical minerals and high-tech metals. Deputy Premier and Minister responsible for Resources Paul Toole was in the State’s Far West over the weekend to announce 19 organisations would share in more than $8.6 million under Stream 1 of the $130 million Critical Minerals and High-Tech Metals Activation Fund. “Critical minerals and high-tech metals are going to be crucial to future technologies like advanced manufacturing, aerospace, ag-tech and renewables, and this fund will progress projects and support feasibility studies right across the State,” Mr Toole said. “Our $8.6 million investment is being backed in by industry co-contributions and…

Electrification solutions from Epiroc support mining customers in their transformation towards using Battery Electric Vehicles (BEV). To further strengthen this approach the company has agreed to form a Memorandum of Understanding (MOU) with BluVein, a joint venture between Australian mining innovator Olitek and Swedish electric highways developer Evias. The purpose of the MOU is to fast-track development of the BluVein dynamic charging solution towards an industrialized and robust solution which is ready for deployment across the global mining industry. The MOU is focused on the BluVein Underground solution (BluVein1). “The collaboration with BluVein gives us the opportunity to extend the focus beyond our own fleet and produce a dynamic charging solution which suits the needs of mixed fleet customers. I…

Orica and H2U Group has signed a strategic partnership agreement to initiate the first phase of the proposed H2-Hub Gladstone project in Queensland. The proponents said the project has the potential to create over 550 jobs during construction, over 140 ongoing local operational jobs and approximately 1,900 indirect jobs. and attract a $4.7 billion investment during its phased construction. The project is aimed at supporting t a steady transition to renewable energy in Central Queensland and provide the region with the opportunity to capitalise on the developing global green ammonia industry, which is forecast to exceed $50 billion by 20301. Signing a Memorandum of Understanding on a master plan study, both parties will explore opportunities for an exclusive domestic green…

The Eriez story began in 1942 when founder O.F. Merwin installed a permanent magnet in a grain mill. The company today, built of a workforce of more than 900 individuals located throughout 12 wholly owned international subsidiaries on six continents, is a world leader in magnetic separation, flotation, metal detection and material handling equipment technology. Over eight decades, Eriez has worked diligently to advance the mining, processing, packaging, food, recycling, aggregate and metalworking industries it serves. Company process engineers and scientists have developed countless product breakthroughs in the areas of rare earth magnets, superconducting technology, flotation, vibratory feeders, metal detection, auto scrap recycling equipment, suspended electromagnets, eddy current separation, and proprietary manufacturing techniques. Eriez is proud to be a family-run…

Red 5 Limited (ASX: RED) remains on track for first gold production in the current quarter at its 100%-owned 2.4Moz, 16-year life-of-mine King of the Hills (KOTH) Gold Project, after achieving further key construction and operational readiness milestones during March 2022. Construction and Commissioning Key construction progress for March included: Commissioning of the crushing circuit has been completed; Commissioning of the gas pipeline has been completed; Commissioning of the power station has been completed to the stage where it is ready to power the process plant; Installation of the solar panels has been completed and wiring is being finalised; and Commissioning of the SAG mill has commenced, with the current critical path to first gold being the commissioning of the…

Australian Vanadium Limited (ASX: AVL) has been awarded a A$49 million grant under the Australian Government’s Modern Manufacturing Initiative Collaboration Stream towards the development of the Australian Vanadium Project near Meekatharra and Geraldton, to create an Australian green fuelled vanadium industry. Managing Director, Vincent Algar, said the Project, supported by the grant, enables new critical mineral production through the establishment of an integrated onshore Australian vanadium supply chain for steel and battery markets. “AVL is delighted to have been awarded this grant from the Australian Government. Our project will create hundreds of jobs in Australia and help to build the critical vanadium industry both locally and internationally,” Mr Algar said. “We have developed an innovative and collaborative approach to building…

Arafura Resources Limited (ASX:ARU) has been awarded grant funding of A$30 million under the Federal Government’s Modern Manufacturing Initiative (MMI) which will contribute to the construction of an $90.8m rare earth separation plant at its Nolans Project in Australia’s Northern Territory. The A$1.3 billion  MMI forms part of the Resources Technology and Critical Minerals Processing Roadmap that aims to develop Australia as a regional resources technology and critical minerals processing hub within 10 years. The MMI continues to build on broad Australian, Territory and export partner government support for Nolans. The grant awarded to Arafura falls under the MMI’s Collaboration Stream, which provides funding to a small number of transformational projects that will create and facilitate collaborative ecosystems. Nolans, 135…

Like many other industry sectors, the South Australian resources sector also faces looming workforce and skills shortages, according to the South Australian Chamber of Mines & Energy (SACOME), The Chamber says the combination of a global pandemic and a massive pipeline of infrastructure projects in Western Australian and the eastern States has resulted in economy-wide labour shortages. SACOME Chief Executive, Rebecca Knol, said this comes at a time where the South Australian resources sector is on the cusp of a cyclical upswing with a suite of projects and buoyant exploration activity fuelling demand for workers. In response to member concerns about labour supply, the South Australian Chamber of Mines & Energy (SACOME) commissioned reporting in late 2021 to quantify workforce…

The Federal government is confident a new investment partnership with India can unlock mutual benefits for both countries from Australia’s world-leading critical minerals sector. Australia’s Minister for Resources and Water, Keith Pitt, has announced $5.8 million in funding to support a three-year Australia-India Critical Minerals Investment Partnership. “Australia and India are natural partners sharing mutual strategic and economic priorities and this Partnership will support further Indian investment in Australian critical minerals projects,” Minister Pitt said. “It is the first of its kind and represents a step-change in how countries can work together to support key industries and pursue growth opportunities. “Our combined capabilities will take on the challenge of resourcing the emerging technologies used in sectors such as defence, aerospace,…

Polymathian has updated details on its collaborative industry project to automate OZ Minerals’ Carrapateena Mine, a sub-level cave operation in South Australia. Polymathian has been applying ground-breaking technology through a METS Ignited Industry Growth Centre Collaborative Project. The $2 million industry-led collaborative project leveraging government funding was awarded to Polymathian to deploy ORB, its mine optimisation software, at OZ Minerals’ underground Carrapateena mine. Representing industry’s continued investment in innovation, ORB is the world’s first and most advanced Short Interval Control system for near real-time optimisation of mine planning and scheduling activities. ORB is currently being used for block cave mining in Australia and around the world, where it has demonstrated an improvement to mining productivity. Industry investment has enabled Polymathian…

Australian Vanadium Limited (ASX: AVL) has nailed down a key plank in its progress in development planning for its Australian Vanadium Project in Western Australia. The company has signed a Joint Co-operation Agreement with Mid West Ports Authority (MWPA) for the future use of facilities and services at the key mid-west resources sector port facility at Geraldton, as it moves towards approval, funding and development of the Project. “Having confidence that Mid West Ports Authority will be able to directly accommodate our requirements is another big step in our pathway to production,” Managing Director, Vincent Algar, said. “Improving confidence levels in our costings and providing necessary assurances for future access and communication is a major benefit as we finalise our…