The Australian and Canadian resources ministers have signed a Joint Declaration of Intent on Critical Minerals Collaboration, which they say will “promote and strengthen cooperation and trade in critical minerals value chains” between the two countries. According to a statement from Australian resources minister Madeleine King on Saturday (Australian time), the declaration of intent signed…
Minister for Northern Australia Madeleine KIng has announced that the Northern Australia Infrastructure Facility (NAIF) will provide a loan of up to $50 million to help Element 25 expand its manganese project in Pilbara, Western Australia and serve growing demand from the electric vehicle battery market. According to a statement from King on Tuesday, the…
BHP sets new copper smelting records BHP has set new records for smelted copper production at its South Australian copper mines centred on the Olympic Dam mine, concentrator and smelter. The company achieved record copper mined and concentrate smelted at Olympic Dam in FY24 production was up by 39 per cent to 322kt in the…
The federal government has announced a total of $13 million in grants to Queensland Pacific Metals and Renascor Resources through the International Partnerships in Critical Minerals program. Each grant supports up to half of project costs, with $5 million to Renascor Resources for its pilot purified spherical graphite (PSG) project and $8 million to Queensland…
Australia’s resources and energy export earnings are forecast to normalise over the next two years as commodity prices return to long-term levels following a price spike brought about by Russia’s invasion of Ukraine. The June 2024 Resources and Energy Quarterly (REQ) from the Department of Industry, Science and Resources estimates export earnings of $417 billion…