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New $550m loan to progress Kathleen Valley lithium project Liontown Resources Limited (ASX: LTR) has entered into a $550m debt facility agreement with a syndicate of international and domestic banks and government credit agencies to fund its Kathleen Valley lithium project through first production and ramp-up to 3mtpa. This comes as the miner announced at the start of this year that the initial commitment of a $760m debt funding package was pulled due to a fall spodumene and lithium prices. The current debt facility provides financial certainty and sufficient time for Liontown to complete the previously announced review of Kathleen...

Raiden Resources secures heritage survey for Andover An archaeological/anthropological heritage survey has been secured with the Ngarluma Aboriginal Corporation (NAC) over Raiden Resources’ (ASX: RDN) Andover North project area in WA. The heritage survey is scheduled to begin April 2, immediately after the completion of the Andover South heritage survey. The survey will focus on the areas within the Andover North project area, interpreted to be underlaid by the Andover ultramafic complex which is considered to be a highly prospective host unit for pegmatite mineralisation. Based on historical and recent data, Raiden considers that there exists a high prospectivity for pegmatites on Andover North. Raiden managing...

Long lead orders as Australian Pacific Coal targets Dartbrook restart mid-2024 Australian Pacific Coal Limited (ASX: AQC) has placed orders for critical equipment and long lead items, including underground conveyor systems, as it works towards restarting the Dartbrook mine in Hunter Valley, NSW. With the company targeting coal production mid this year, drawdowns have commenced from its $90m (US$60m) debt facility in January with Dartbrook coal’s sole marketing agent Vitol Asia Pte Ltd. Materials for the refurbishment of the above ground coal handling and preparation plant (CHPP) and train load out have also been ordered and, as of 8 March, the Dartbrook JV which...

Anglo American wins for industry-leading approach to diversity and inclusion An industry-leading approach to diversity and inclusion has resulted in two awards for Anglo American at the prestigious 2024 QRC/WIMARQ Resources Awards for Women in Queensland. Anglo American – which operates five steelmaking coal mines in the Bowen Basin – took out the award for Excellence in Diversity Programs and Performance for a suite of programs designed to drive female leadership. The Inclusion and Diversity Champion in Queensland Resources award went to Anglo American workplace support manager Kanae Dyas who pioneered...

Golden times ahead for Queensland’s largest gold mine Queensland’s largest gold mine — the Ravenswood gold project— is set to operate for another 16 years following the recent renewal of four crucial mining leases. Not only does the renewal of the leases cement the long-term future for Ravenswood but it also paves the way for significant expansion with plans to increase processing from 2.5mtpa to 8.4mtpa. Located in North Queensland, the Ravenswood gold project is a cornerstone of the state’s economy, supporting more than 400 employees and partnering with suppliers from the region. Ravenswood Gold chief executive Brett Fletcher says the renewal of the mining lease is an exciting...

Pilbara Minerals and Yahua sign three-year offtake agreement Pilbara Minerals (ASX: PLS) and Sichuan Yahua Industrial group have signed a three-year offtake agreement for the supply of spodumene concentrate from the Pilgangoora lithium operation in WA. Leading lithium chemicals company, Yahua is one of the largest lithium hydroxide producers in the world. The company has strong connections across the lithium supply chain with customers including Tesla, Contemporary Amperex Technology Co, LG Energy Solutions and LG Chem. The first year of the agreement will see Pilbara Minerals supply 20kt of spodumene concentrate, with an option to supply an additional 60kt, for a total supply of 20kt to 80kt in 2024....

Thiess first customer for Toyota hydrogen fuel cell generator, to use in NSW mining operations Thiess will be the first customer to take delivery of Toyota’s locally assembled EODev GEH2® hydrogen fuel cell stationary power generator. The 110kVA GEH2® generator was developed through partnership between Toyota Motor Europe and French firm EODev using Toyota fuel cell technology, the same one that powers the Mirai FCEV. Toyota aims to produce 28 GEH2® generators at its $3.27m Altona...

Red Hawk-MGM Bulk iron ore haulage partnership Red Hawk Mining Limited (ASX: RHK) and MGM Bulk Pty Ltd have entered a partnership for the haulage of iron ore from the Blacksmith iron ore project in Pilbara, WA, to the Utah Point bulk handling facility in Port Hedland, WA. Through the pre-feasibility study (PFS) and definitive feasibility study (DFS) phases, MGM Bulk will provide a fleet of 150t ultra-quad trucks and drivers plus associated loading and other equipment and infrastructure for the Red Hawk 100%-owned project. Red Hawk managing director Steven Michael says the company is excited to work with the MGM Bulk team to...

Hitachi & BluVein partner for mining fleet electrification Hitachi Energy and BluVein have signed a memorandum of understanding (MoU) to accelerate the electrification of heavy haul mining fleets. This partnership will fast-track the development of a high-powered, fast and flexible charging system for surface and underground mines and quarries in Australia and across the world. Hitachi’s advanced power electronics and digital charging technologies will allow BluVein’s e-rail charging technology to deliver electricity safely and reliably to haul truck of up to 400mt while transporting materials. BluVein chief executive James Oliver says the partnership supports the company’s mission of delivering a dynamic connector to...

Native Title and Heritage Exploration Agreement executed for Prinsep Accelerate Resources (ASX: AX8) has executed a Native Title and Heritage Exploration Agreement (NTA) with the Ngarluma Aboriginal Corporation over the Prinsep lithium project in WA. Located 15km south of Karratha, the Prinsep project is an advanced drill-ready exploration project and forms part of Accelerate’s Karratha lithium projects portfolio which encompasses 90km2 of prospective tenure. To date, mineralisation has been defined across two subparallel pegmatite zones, each measuring a width of more than 1.8km and widths up to 60m. Up to 2.06% lithium oxide has been encountered from rock chip assays. Field services company Terra Search has been contracted to complete an extensive soil...

Manheim Industrial takes on the Mining Industry through strategic alliance with Lennon Heavy Equipment Manheim Industrial is an Australian leader in industrial auction services with operations in major global markets. Lennon Heavy Equipment has specialised in mining equipment sales for more than 50 years. Our team of experienced professionals are well-placed to maximise return for your assets. The next national mining equipment auction starts March 20. Manheim Industrial is set to run its next national mining equipment auction during March this year, in partnership with Lennon Heavy Equipment. Manheim’s multi-vendor online mining auction will take place between March 20-26 with extensive investment in marketing to both domestic and international buyers. With Lennon’s 50 years of servicing the mining industry and...