Arafura Rare Earths has received conditional approval for debt financing of up to US$150 million from The Export-Import Bank of Korea (KEXIM), bringing the financing of the giant Nolans Project closer to closure. The financing comprises a direct loan facility of up to US$75.1million and a loan guarantee up to US$74.9 million, with the company…
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,…
Cobram Estate now the US’s biggest producer of olive oil Cobram Estate Olives has likely become the largest olive oil producer in the United States following strong growth seen in the just completed 2023 Californian harvest season. The company saw the production of 3.2 million litres of olive oil, 89 percent higher than 29022’s harvest…
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…
