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Latest resources figures show WA dominance

The Western Australian resources sector carried the national economy through an arduous 12 months to June 30, as minerals and petroleum sales grew to $210 billion. This figure was up $38 billion on the previous financial year with iron ore sales leading the way at...

BHP stays positive despite iron ore price crunch

BHP chief executive Mike Henry. Image: BHP BHP remains optimistic about the trade tensions between Australia and China, as iron ore miners continue to feel the pinch of reduced commodity prices. Iron ore prices sat just over $US120 ($164) per tonne of 62 per cent iron...

FLSmidth secures large equipment order from Polyus

FLSmidth has received an order to supply a large package of process equipment for the construction of a new concentrator as part of an expansion of a major Polyus gold mine. The order, which is valued at approximately DKK350 million, was booked in Q4 2021 and has...

US loosens China grip on $46bn lithium-battery industry

The US is narrowing the gap on China’s dominance of the $46 billion lithium-ion battery industry thanks to investments from Tesla Inc. and the Biden administration’s policy push to drive growth of electric vehicles. The US rose to second spot in BloombergNEF’s global...

Lithium Americas mulls bigger project at Thacker Pass

Lithium Americas Corporation has flagged plans to increase the Phase 1 capacity at its Thacker Pass lithium project in Nevada, following an increase in the mineral resource estimate to 13.7-million tonnes of lithium carbonate equivalent. The updated mineral resource...