NewsProjects & Operations Lynas makes $137m deal with US Department of War Lynas Rare Earths (ASX: LYC) has signed a binding letter of intent with the US Department of War to finalise a four-year rare earth oxide offtake agreement.
NewsProjects & Operations Northern Star flags additional production downgrade Northern Star Resources (ASX: NST) has flagged a further downgrade to its full-year gold guidance following weaker performance in the last two months and throughput issues at KCGM.
NewsProjects & Operations Liontown loss masks lift in Kathleen Valley sales Liontown (ASX: LTR) lifted H1 revenue to $207.5m as the underground ramp-up at Kathleen Valley drove a 106% surge in sales volumes.
NewsProjects & Operations Westgold approves $145m expansion to lift output and cut costs Westgold Resources (ASX: WGX) has approved the final investment decision to expand its Higginsville processing hub from 1.6mtpa to 2.6mtpa.
NewsProjects & Operations Phosphate Hill sells for just $1 Dyno Nobel (ASX: DNL) has sold it Phosphate Hill site in north west Queensland to Mayfair Corporation for an initial purchase price of $1 and a deferred consideration of up to $100m.
NewsProjects & Operations Rio Tinto to expand $1.1b Dampier desalination plant Rio Tinto (ASX: RIO) and the WA Government have entered into a 50:50 joint venture to complete both Stage 1 and Stage 2 of the Dampier seawater desalination plant.
NewsProjects & Operations Extension approved for Dartbrook mine The NSW Government has approved a six-year extension to the Dartbrook coal mine in the Hunter Valley, allowing operations to continue until December 2033.
NewsProjects & Operations King backs historic Mount Lyell restart Federal Resources Minister Madeleine King has backed the potential reopening of Tasmania’s Mount Lyell copper mine which has been under care and maintenance since 2014.
NewsProjects & Operations Fortescue lifts profit on record first-half shipments Fortescue (ASX: FMG) has lifted its fully franked interim dividend to $.62/share after posting a strong first-half result, with record iron ore shipments, improved price realisations and lower unit costs driving higher earnings.
NewsProjects & Operations Subsidy introduced for Mount Isa rail users The Queensland Government has launched a 10% subsidy on below-rail access charges for the next four years for users of the Mount Isa line in an effort to support industry and strengthen freight corridors.
NewsProjects & Operations Tahmoor falls into administration On Tuesday, billionaire Sanjeev Gupta placed his Tahmoor coal mine into voluntary administration after a year of uncertainty.
