SciDev wins US fracking customer
Solids-liquid separation chemicals and technology company SciDev has won a new customer for its its chemicals for the Texas oil and gas sector. The company’s US subsidiary Highland Fluid technology has partnered with technology business Floktek Industries to service an order from the customer which operates 1,600 wells in the state. They will supply SciDev’s friction-reducing and shale stabilising chemistry to the drilling programme in the Eagle Ford Basin.
Lynas Corp in recovery from Covid shutdowns
Rare earths miner and processor Lynas Corporation is recovering from shutdowns at its Mt Weld, Western Australia mine and Malaysian processing facilities caused by Covid-19. Operations have resumed at 70 per cent normal rates. Lynas is also pushing ahead with construction of its Kalgoorlie rare earths plant, which will replace some Malaysian operations. Sales were $38 million in the June quarter.
Civmec pursues payment for lithium project work
Engineering services business Civmec has lodged legal action against Altura Mining for the recovery of payment for electrical and mechanical works at the company’s Pilgangoora lithium project in Western Australia. Civmec claims Altura is liable for $4.5 million above the contract price for the work. It further claims Altura promised to pay and additional $2.4 million. Altura Mining has rejected Civmec’s claims.
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