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Terrafame to mine uranium in Finland

Finnish mining company Terrafame will start extracting uranium by mid 2024 at its Sotkamo mine in Finland, aiming at output of 200 tons per year by 2026, the company said on Wednesday. Terrafame, in which the Finnish state holds 67.1% and commodities trading firm...

Fortescue green steel partnership

Primetals Technologies, Mitsubishi Corporation, Fortescue, and voestalpine have signed a Memorandum of Understanding (MoU) aimed at designing and engineering an industrial-scale prototype plant with a new process for net-zero-emission ironmaking. The collaboration...

Duratec seals $48 million BHP deal

Australian engineering, construction, and remediation contractor Duratec  has been awarded a $48 million contract with BHP WA Iron Ore for wharf structural remediation works at the BHP Berth C & D at Finucane Island, Port Hedland, Western Australia. The...

Komatsu facility in Christchurch powers on with solar

Machinery giant Komatsu has recently completed its first solar installation in New Zealand in conjunction with the original building developer, Calder Stewart, and current landlord FortHill Property. The 50-kilowatt system at the new South Island Hub facility in...

BHP and OZ Minerals extend deal deadline

The miners have agreed to a further week to finalise their $9.6 billion takeover deal. BHP and OZ Minerals had reportedly been working furiously to finalise the deal before the end of the exclusivity period, originally due to expire this week, but...