Projects

Panoramic announces updated mine plan for nickel project

Panoramic Resources Limited has advised the outcomes of an updated Ore Reserve and Mine Plan for its Savannah Nickel Project in the East Kimberly region of Western Australia. Panoramic successfully commissioned and operated the project from 2004 to 2016 before the mine was placed in care and maintenance. Following the discovery of the Savannah North orebody, the mine was recommissioned in 2018 before being temporarily suspended in April 2020 due to operational uncertainty related to a number of factors including, but not limited to, COVID-19 travel restrictions to the Kimberley region. Panoramic has now... more

BHP’s South Flank project is taking shape with modular construction

Construction of BHP’s South Flank project is more than 65 per cent complete, with ore already being hauled and stockpiled. The mine’s massive primary crushers are now being slotted into the cliff-like walls of the two run-of-mine (ROM) pads. The project is using modular construction techniques to speed up the build of the 145 million tonne per year ore processing hub, and the modules are some of the biggest ever delivered into the Pilbara. Around 1500 units of all shapes and sizes, totaling 35,000 tonnes arrive into Port Hedland. But with many up to 15 metres wide, and the largest weighing 354 tonne, g... more

Pilbara Minerals secures new US$110M financing

Australian lithium-tantalum producer, Pilbara Minerals Limited, has announced a refinancing of its existing debt facilities to support its long-term growth. The company has secured binding commitments from leading international bank, BNP Paribas, and Australia’s specialist clean energy investor, the Clean Energy Finance Corporation (CEFC) to provide a senior secured US$110M Finance Facility. Proceeds will be applied to redeem the existing US$100M Nordic Bond, which was used to fund the Stage 1 development of the Pilgangoora Lithium-Tantalum Project including reimbursement of the principal repayment (US$6... more

Drilling underway at Aurora Tank gold discovery

South Australian mining exploration company, Marmota Limited, has commenced drilling at Aurora Tank after raising $6.5 million in funding. The Aurora Tank gold project is located in the Gawler Craton region, in the northwest of South Australia. Marmota reported high-grade intersections there back in April. The exploratory drilling follows Marmota recently raising $6.5 million (before costs) in the middle of July through shares (5.3 cents per share), which helped to accelerate plans and gain funding for the drilling in the Aurora Tank gold discovery. Marmota identified new targets and objectives in the A... more

Equinor plans to build world-leading clean hydrogen plant in the UK

Norwegian-based international energy company, Equinor, is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial cluster in the Humber region, the UK’s largest by emissions. H2H Saltend supports the UK government’s aim to establish at least one low carbon industrial cluster by 2030 and the world’s first net-zero cluster by 2040. It also paves the way f... more

BP and Chevron to fund new exploration initiatives in South Australia

BP and Chevron have committed to investing a total of $116.5 million in oil and gas exploration activities, with at least half directed to projects in South Australia with a view to increasing energy supplies in the state and south-eastern Australia. BP and Chevron ceased their programs of exploration in the Great Australian Bight in 2017 and 2018 respectively. The commitments were announced following the conclusion of Good Standing Agreement negotiations with both parties after their decisions to cease petroleum exploration in the Great Australian Bight. Minister for Resources and Northern Australia Ma... more

Atlas Gas Pipeline commences operations

Commercial operations have commenced on the $140 million Atlas Gas Pipeline, which will transport gas from Senex Energy’s Atlas gas acreage - located near Wandoan in south-west Queensland - to the east-coast gas market via the Wallumbilla Gas Hub. In June 2018, energy infrastructure company, Jemena, signed an agreement with Senex Energy to build, own, and operate a 15 petajoule per annum (40 TJ/day) gas processing facility and 60km buried pipeline (Atlas Gas Pipeline) in order to fast-track new gas supply to the domestic market. Jemena’s Managing Director, Frank Tudor, said the Senex-Jemena partnership... more

Construction contract awarded for gas terminal

Australian Industrial Energy (AIE) has announced another important milestone in the development of its Port Kembla Gas Terminal (PKGT) with the award of the key wharf facility and pipeline construction contract for the LNG import facility. New South Wales currently imports over 95 per cent of its domestic gas from other states. This means that local industries, business and households can be impacted by supply or price shifts occurring in other states. AIE states that LNG will be sourced from international suppliers and transported by LNG carriers to Port Kembla, where it will be transferred to a floating,... more

First components for the Bango Wind Farm arrives

The port of Port Kembla has reaffirmed its role as a critical trade gateway and a major import hub for large renewable energy projects with the arrival of the first shipment of components for the Bango Wind Farm in the Southern Tablelands of NSW this month. In total, 46 of General Electric’s (GE) Cypress 5.3 Megawatt (MW) turbines will be imported through Port Kembla over the next six months. The wind turbine components will be stored on berth at the AAT facility before being transported by truck by heavy haulage operator, Rex J Andrews to the project site, which is located roughly 30 kilometres north of... more

Rio Tinto to close aluminium smelter operations

Rio Tinto will soon commence planning for the wind-down of operations and the eventual closure of New Zealand Aluminium Smelters (NZAS) following the conclusion of its strategic review which highlighted that the business is no longer viable given high energy costs and a challenging outlook for the Aluminum industry. As a result, NZAS has given Meridian Energy Limited notice to terminate the power contract, which will end in August 2021, when the wind-down of operations is expected to complete. The strategic review concluded that the smelter, which has made Rio Tinto an underlying loss of NZ$46m in 2019, is... more

Equinor plans to build world-leading clean hydrogen plant in the UK

Norwegian-based international energy company, Equinor, is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial cluster in the Humber region, the UK’s largest by emissions. H2H Saltend supports the UK government’s aim to establish at least one low carbon industrial cluster by 2030 and the world’s first net-zero cluster by 2040. It also paves the way f... more

Large energy users power up renewable energy deal

A group of prominent Melbourne universities and businesses has secured a multi-million-dollar deal to power their operations using wind energy produced in regional Victoria. The group of seven large energy users includes RMIT University, Deakin University, Cbus Property, ISPT, Fulton Hogan, Citywide Asphalt, and Mondelez International. From July 2020, the purchased wind power will be produced primarily by the Yaloak South Wind Farm near Ballan, with the remaining energy coming from other wind farm projects in regional Victoria. Tango Energy will provide 110 GWh of renewable electricity per year to the pu... more

National Radioactive Waste Management Facility on track

Minister for Resources, Water and Northern Australia, Keith Pitt, has reconfirmed the Government’s commitment that 45 local jobs will be created through the establishment of the National Radioactive Waste Management Facility (NRWMF). Each year Australians benefit from nuclear medicine and research activities. According to the Department of Industry, Science, Energy and Resources (DISER), around 2 in 3 Australians will use nuclear medicine in their lifetime. With these benefits comes a responsibility to safely manage radioactive waste. Currently, Australia’s radioactive waste is stored in more than 1... more

Construction powers ahead on historic Port of Townsville upgrade

A major milestone has occurred at the $193 million Port of Townsville Channel Upgrade Project, with the recent delivery of more than half of the total rock required to build a protective sea wall. The Port of Townsville is the largest commercial Port in Northern Australia, but at just 92 metres, the shipping channel is one of the narrowest in the country. Currently, vessels up to 238 metres in length can safely access the Port. But with ships getting larger, the Port needs to adapt so that it can continue to service the needs of North Queensland's mining, defence, agriculture, construction, vehicle and tou... more

New contract secures works on Pilbara port access infrastructure

A $4 million construction contract has been awarded for the continued works on critical port access infrastructure at the Port of Port Hedland. On Friday, the Pilbara Ports Authority awarded the contract for Stage 4 of the Utah Road Pavement Rehabilitation Project to AllRoads Pty Ltd. AllRoads has committed to sourcing its construction workforce within Western Australia. Under the contract, a 1.2 kilometre stretch of Utah Road will be upgraded, following some deterioration from increased traffic loads of iron ore and other products. Utah Road connects the Great Northern Highway with the Utah Point Bu... more

Lynas Corporation sets sights on Kalgoorlie for new rare earth processing plant

Lynas Corporation Limited (Lynas) has selected Kalgoorlie, Western Australia, as the location for its new cracking and leaching plant - a decision that is set to create new jobs and is the first step in establishing a critical minerals hub in the Goldfields region. Kalgoorlie was selected from the two shortlisted locations in the Goldfields region following extensive due diligence from Lynas. The company detailed that Kalgoorlie provides close proximity to the Lynas mine at Mt Weld as well as a skilled workforce and rich history in the mining and processing industries. Lynas has signed an option to subleas... more

Equinor plans to build world-leading clean hydrogen plant in the UK

Norwegian-based international energy company, Equinor, is leading a project to develop one of the UK’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen to Humber Saltend (H2H Saltend), provides the beginnings of a decarbonised industrial cluster in the Humber region, the UK’s largest by emissions. H2H Saltend supports the UK government’s aim to establish at least one low carbon industrial cluster by 2030 and the world’s first net-zero cluster by 2040. It also paves the way f... more

Rafaella Resources upgrades mineral resource estimate

Following the recently completed resource estimation for the Santa Comba tungsten and tin project in Spain, Rafaella Resources Limited has updated the mineral resource estimate for the project by 103 per cent. The increase demonstrates the outstanding potential of the Project and underpins the mine plan and feasibility studies currently underway. The company intends to recommence drilling numerous prospects once the feasibility study is completed to add both tonnage and grade to feed the future expansion of the project. Rafaella’s Managing Director Steven Turner said the resource update significantly ... more

Agreement reached on long-term power supply for Oyu Tolgoi

Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi that paves the way for the Government to fund and construct a State-Owned Power Plant at Tavan Tolgoi, Mongolia. The agreement, which is a revision of the Power Source Framework Agreement (PSFA) signed in 2018, states that the parties will work towards finalising a Power Purchase Agreement by the end of March 2021. In addition, the amended PSFA sets a proposed timetable for development, with the construction of the coal-fired power plant set to begin no later than 1 Jul... more

Anson to commence uranium/vanadium exploration program

Anson Resources Limited is planning to commence exploration on its uranium and vanadium lodes claims at its Yellow Cat Project in Utah, USA. The 85 Lode claims, which were pegged by the company in 2019, form a prospective exploration land package for both uranium and vanadium rich mineralisation which covers an area of 708 hectares. Anson advised that a recent review of historical drilling programs at Yellow Cat identified high-grade uranium and vanadium mineralisation results. They noted that the 38 per cent increase in uranium spot price recorded over the past three months, together with high-grade hi... more