Mothballed NT lithium operation to restart

Australia pours $1b into green iron The Federal Government has unveiled its $1b Green Iron Fund, designed to boost manufacturing and supply chains by supporting early mover green iron projects and unlocking private investment at scale. Up to $500m has been earmarked for Whyalla steelworks, with the other half of the pot open to applicants around Australia for both existing facilities and greenfield projects that can supercharge Australia’s world-leading iron ore industry. Federal Climate Change and Energy Minister Chris Bowen says the energy transition is driving a manufacturing jobs boom. “Australian manufacturing workers today...

WA CME: green iron’s role in decarbonisation Large-scale production of green iron in WA could potentially offset nearly every tonne of carbon dioxide currently produced in Australia while generating $74b in economic value, according to the newly released report from the Chamber of Minerals and Energy WA (CME). The Realising WA’s Green Iron Potential report examines WA’s potential to play a leading role in decarbonising the emissions-intensive steelmaking process. WA CME chief executive Rebecca Tomkinson says WA boasts a long history as the world’s largest iron ore exporter and has a unique opportunity to advance down the value chain if the State can begin refining...

Draft mining amendment to ensure security The WA Government has approved draft mining amendment legislation that will ensure security of mining tenure and address key industry issues. In 2017, the High Court found that granted mining leases were invalid if they did not strictly follow the process for preparing and lodging tenement applications outlined in the Mining Act 1978. Following this outcome, the WA Government has drafted amendments to address procedural matters in Mining Act 1978 to prevent similar scenarios from arising in the future. The changes include amendments to address common pitfalls in the tenement application process such as the statements required to...

Monadelphous lands $340m in contracts Monadelphous (ASX: MND) has been awarded about $340m in new construction contracts for the iron ore and renewable energy sectors. In iron ore, Mondium — Monadelphous’ engineering, procurement and construction joint venture with Lycopodium — has been awarded a design and construct contract by Rio Tinto (ASX: RIO). The contract includes construction of a new sampling facility at a port operation in the Pilbara region of WA. Work is expected to be completed in mid-2026. Monadelphous has also been awarded a multidisciplinary construction contract under BHP’s (ASX: BHP) WA Iron Ore...