By Peter Roberts Mining company Iluka Resources has awarded long lead procurement packages for key equipment for the company’s planned rare earths refinery at its Eneabba zircon mine in Western Australia – the first refinery for rare earths in Australia for the minerals used in high technology products. The company is procuring the roasting kiln,…
On Thursday in a speech in Brisbane Prime Minister Anthony Albanese revealed he would put to Parliament a bill for a Future Made in Australia Act which would respond to increasing global competition through more activist industry policy. Here is an edited transcript of his speech. We need to be clear-eyed about the economic realities…
A slump in prices for the critical mineral nickel – used in battery manufacture – has brought action from the federal and Western Australian governments. In the past few days federal Resources Minister Madeleine King placed nickel on the Critical Minerals List, giving nickel companies opportunity to access billions of dollars in Commonwealth funding. And…
The federal government has released an Australian Critical Minerals Prospectus which showcases 52 high-quality, investment ready critical minerals projects. Projects ripe for funding include mining, processing and value adding opportunities across the critical minerals supply chain, according to the prospectus. Australia’s critical mineral resources are considered vital in the global shift to green technology such…
Iluka reveals capital cost of rare earths refinery Perth minerals company Iluka Resources has revealed a $1.5 to $1.8 billion capital cost of Australia’s first integrated rare earths refinery for producing rare earths oxides at Eneabba in Western Australia. The estimate comes from Iluka and Fluor who are optimising the project and conducting FEED work.…
The Western Australian Government is refocusing the State’s activities in the rapidly evolving battery and critical minerals sector with the release of a new paper for public consultation. The state’s Battery and Critical Minerals Strategy opened for comment, aiming to build on successes already achieved by the increasingly lucrative industry. The state is already home…
The federal government has announced a $2 billion expansion in critical minerals financing, doubling the capacity of the Critical Minerals Facility to finance critical minerals mining and processing projects. The funding would solidify Australia’s position as a world leading provider, help the transition to net zero, boost the economy and support more jobs and opportunities…
EOS enters optical surveillance alliance Electro Optic Systems subsidiary EOS Space Systems has entered into a Memorandum of Understanding (MoU) with EX-Fusion, a Japanese laser fusion startup. The signing took place during the fifth Japan-Australia Ministerial Economic Dialogue co-chaired by Minister for Trade and Tourism, Senator Don Farrell, and Japan’s Minister of Economy, Trade and…
CSL opens new HQ and R&D centre Biotechnology giant CSL has opened its new Headquarters and Centre for R&D which will house more than 850 people dedicated to protecting public health and bringing life-saving innovative therapies to patients. The Prime Minister Anthony Albanese (pictured) congratulated CSL on the opening. Albanese said: “This world-leading research will…
Iluka Resurces has continued to progress during the latest quarter its rare earths production plant at Eneabba in Western Australia (pictured), the country’s first fully integrated refinery for the production of separated rare earth oxides. Supported by a $1.25 billion non-recourse loan to Iluka under the federal government’s Critical Minerals Facility, bulk earth works and…
