Lithium chemicals manufacturer Lepidico Limited has become the latest victim of the worldwide glut in lithium supply, with KordaMentha appointed as administrators. The board of directors of Lepidico appointed Richard Tucker and Paul Pracilio of KordaMentha as Voluntary Administrators of Lepidico Limited, Lepidico Holdings Pty Ltd, Bright Minz Pty Ltd, Li-Technology Pty Ltd, Mica Exploration…
Explosives and fertiliser manufacturer Incitec Pivot’s losses continued during FY24 as it unwinds the effects of the closure of its Gibson Island, Brisbane fertiliser plant and the sale of its troubled Waggaman, Louisiana ammonia facility. The company reported a net loss after tax including individually material items (IMIs) of $311 million, down from FY23’s profit…
The Australian Furniture Association (AFA) has called on furniture manufacturers and suppliers to address the presence of persistent PFAS chemicals which have been linked to harmful effects in humans. Per-and polyfluoroalkyl substances have been identified in numerous consumer goods, including furniture, where they are often used in fire retardants, stain repellents, and water-resistant treatments. The…
Liontown Resources produces first lithium Battery Materials producer Liontown Resources has produced its first lithium spodumene concentrate at Kathleen Valley in Western Australia, following the commissioning of the wet plant and end-to-end operation of the value chain. The milestone marks the start of production ramp-up to nameplate throughput of 3Mtpa, currently expected by the end…
Chemicals and explosives manufacturer Orica is to deploy tertiary emissions abatement technology at a second site – its Yarwun chemicals and ammonium nitrate facility in Gladstone, Queensland (pictured). Orica expects to eliminate an estimated 200,000 tonnes of carbon dioxide equivalent (CO2-e) annually once the project is complete. The installation of two tertiary abatement reactors at…
A pre-feasibility study (PFS) of Tivan Ltd’s Speewah fluorite project in the Kimberley region of Western Australia has positioned the company to deliver another critical minerals project reducing the dominance of China in global supply chains. The PFS released today described the project as geo-strategically significant, with high criticality for important supply chains in Asia…
The federal government has announced $330 million in grants for clean energy and emissions reduction projects at heavy industrial sites around the country. The government’s Powering the Regions Fund is supporting nine projects ranging from powering mine sites with renewables, eliminating the use of coal in iron pellet production, trialling the use of biocarbon in…
Chemicals and explosives manufacturer Orica is to acquire 100 per cent of the common stock of Cyanco Intermediate 4 Corp. (Cyanco) (the Acquisition) from an affiliate of Cerberus Capital Management, L.P. (Cerberus) for US$640 million. The acquisition of Cyanco, a US-based leader in the manufacture and distribution of sodium cyanide primarily serving the gold mining…
Pact releases sustainability report Pact Group today released its 2023 Sustainability Report which reveals the company recycled more than 54,000 tonnes of plastic waste last financial year, the equivalent weight of the Sydney Harbour Bridge. The plastic waste was recycled at seven facilities operated by Pact and its joint venture partners in Australia and New Zealand, converted…
Chemicals and explosives technology manufacturer Orica today announced accelerated climate change targets. The Melbourne company has invested to deliver significant reductions in net operational Scope 1 and 2 greenhouse gas (GHG) emissions, according to the company. A forecast 19 per cent emissions reduction from FY2019 levels by the end of FY2023, successful low-emissions technology deployments,…
