Driving efficiency through smarter water treatment

Ground breaks at Christmas Creek green iron plant Ground has broken at Fortescue’s (ASX: FMG) $75.4m (US$50m) Christmas Creek green iron metal project in WA, marking a key step towards developing a green iron industry in the State. The project will produce iron using green hydrogen, which will be suitable for use in almost any steel plant across the globe. It aims to produce green iron metal by the end of 2025, creating a catalyst for the next generation of Australia’s green iron industry....

Barrick boosts dividends after record quarter Barrick Mining raised its dividend and buyback program following a stronger profit estimate than expected in Q3 CY25. The miner increased its share buyback program by $765.67m (US$500m) to $2.3b (US$1.5b). This comes off the back of a tumultuous year for Barrick with the $1.53b (US$1b) write-off of its Loulo-Gounkoto gold mine in Mali and the exit of chief executive Mark Bristow earlier this year. Despite the ongoing dispute, the miner generated $6.28b (US$4.1b) in revenue, as well as a record $3.68b (US$2.4b) in operating cash flow backed by surging gold prices. Barrick produced 829,000oz of gold, down from 943,000oz the year prior....

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...

Liontown & Zenith officially open Australia’s largest operating off-grid power system ...