by Trevor Barratt | Aug 23, 2022 | News
The Queensland government is cashing in $1.2 billion three years early, cementing its decision to hike up mining royalties. According to Queensland Resources Council (QRC), the industry has made $800 million in six weeks and is anticipated to generate the four-year...
by Gordon Barratt | Aug 22, 2022 | News
The good times will keep rolling for lithium producers in a market free of the slowdown fears that rattled other commodities in recent months, according to the second-largest supplier of the battery metal. Reporting record quarterly earnings, SQM projected at least a...
by Gordon Barratt | Aug 22, 2022 | News
A joint venture (JV) led by iron-ore major Fortescue Metals will invest $90-million on exploring the Belinga iron-ore project, in Gabon, over the next three years. Fortescue announced that the JV, Ivindo Iron SA, in which the company holds an 80% interest, had...
by Gordon Barratt | Aug 22, 2022 | News
India, which cuts or polishes about 90% of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from the US surges and they become more accepted in other markets. Exports of polished lab-grown diamonds may double in the current...
by Gordon Barratt | Aug 22, 2022 | News
President Joe Biden signs the bill. Australia’s critical minerals will drive the United States’ electric vehicle battery program following its move to grant preferred status to Free Trade Agreement (FTA) partners. The US Inflation Reduction Act is a boost for the...
by Gordon Barratt | Aug 22, 2022 | News
As China looks to emerge strongly from recent COVID lockdowns, Australian miners are set to welcome the economic return of their biggest export customer. According to a new report from Ausbil Global Resources Fund, China is “likely to accelerate growth coming out...
