WA extends fee waivers for Tianqi, Covalent Lithium

Pearl Gull to sell Cockatoo Island project for $4.5m  Pearl Gull Iron (ASX: PLG) has executed a binding asset sale and purchase agreement (with Buccaneer Resources, Crestlink and JCA WA Nominees.  Under the agreement, Pearl Gull Iron Company will sell 100% of its interest in the tenements which comprise its Cockatoo Island project (including mining lease 04/235), together with all mining information, plant and infrastructure and the benefit of certain contracts relating to those tenements for $4.5m in cash, a 4% equity interest in Crestlink and a royalty payable on materials extracted from the Cockatoo Island project.  Cockatoo Island is situated off the Northwest...

Big caps go global with battery technology Innovation is revving up in the mining industry, with several big caps rolling out revolutionary battery technology overseas, including Rio Tinto, Fortescue and Newmont. Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. Battery swapping technology allows a battery-electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging...

Major acquisition drives strong results for Alcoa Alcoa Corporation (ASX: AAI) reported results for the Q3 CY24 that reflect the acquisition of Alumina and resulting increases in net income, adjusted net income and Adjusted EBITDA. Net income increased to $134m (US$90m), while adjusted net income increased sequentially to $201m (US$135m). Adjusted EBITDA increased to $680m (US$455m). Alumina production decreased 4% to 2.44mmt primarily due to the full curtailment of the Kwinana, WA, refinery completed in June 2024. In the Aluminium segment, production...