Brazil’s spate of iron ore mine and tailings dam calamities is proving a game-changer for global iron ore pellet feed markets, according to the developer of a proposed new US$1.5 billion magnetite iron ore pellet project near Broken Hill.
Western Australia will host a national consortium to position Australia as a global leader in the manufacture and supply of batteries after a $135 million industry-backed research hub was supported by the Federal Government.
Netherlands-based export credit agency Atradius has signed a letter of interest that could support funding up to 60 per cent of Renascor Resources’ Siviour graphite project in South Australia on favourable debt financing terms.
Rio Tinto has approved the next stage in the development of Richards Bay Minerals (RBM) in South Africa through the construction of the Zulti South project. The US$463million investment will sustain RBM’s current capacity and extend mine life.