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Processing

Jul 29, 2021
Silica step enhances copper smelter yield

Silica step enhances copper smelter yield

Glencore Mount Isa Mines has started using a technique known as silica banking within the copper smelter’s Pierce-Smith Converters to improve its overall copper yield and reduce the amount of valuable copper lost to waste. The idea to trial silica banking at the Mount Isa copper smelter came from one of Glencore’s overseas smelting operations…. ...

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Jul 28, 2021
Sconi mine proponent raises $6.5m

Sconi mine proponent raises $6.5m

The company behind North Queensland’s Sconi mine project has raised $6.5 million as it focuses on a value-add product, P-CAM, as part of its battery materials offering. Australian Mines announced that it had received firm commitments to raise the new equity via a fully committed shareplacement to institutional, sophisticated and professional investors. Managing director Benjamin… ...

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Jul 26, 2021
Agripower gears up for $70m upgrade works

Agripower gears up for $70m upgrade works

Agripower Australia plans to start construction work late this year on a $70 million package of capital projects at its Charters Towers fertiliser manufacturing plant. The major elements will be a multi-user rail spur to link to the main Townsville-Mount Isa line and work to double plant capacity to 500,000 tonnes per annum of Agrisilica… ...

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Jul 23, 2021
Critical mineral projects attract funding

Critical mineral projects attract funding

A Queensland vanadium processing pilot plant is among eight resources technology and critical minerals ventures to share in a $50 million federal funding offer. The matched funding from the Federal Government’s $1.3 billion Modern Manufacturing Initiative aims to help scale up local downstream processing of critical minerals and add value to the battery and clean… ...

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Jul 20, 2021
Breakthrough aluminium fluoride process

Breakthrough aluminium fluoride process

Australian company Alcore says it has achieved a breakthrough in a process to produce aluminium fluoride (AlF3) from aluminium smelter wastes. Aluminium fluoride is used in aluminium smelting and is also being investigated for use in advanced lithium-ion batteries. Alcore, a subsidiary of Australian Bauxite, has produced several AlF3 samples using 100 per cent dross… ...

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Jul 06, 2021
Glencore announces a new Chair

Glencore announces a new Chair

The board of Glencore has announced a successor for Chairman Tony Hayward. He’ll be replaced by Kalidas Madhavpeddi as of 30 July. Tony Hayward was appointed to the Board at the time of the Company’s IPO in May 2011 and appointed as Chairman in 2013.  Following consultation with the Company’s largest institutional shareholders it was… ...

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Jul 01, 2021
Evolution mining evolving towards zero emissions

Evolution mining evolving towards zero emissions

Evolution Mining is making moves to reduce greenhouse gas emissions and align with the climate change goals of the Paris Agreement.  Evolution has several gold mining interests in Queensland including Mount Carlton South of Ayr, Mount Rawdon near Bundaberg and Ernest Henry north of Cloncurry.  The program includes reducing greenhouse gas emissions by 30 percent… ...

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Jul 01, 2021
Anglo’s annual Australian payout more than $4000 million

Anglo’s annual Australian payout more than $4000 million

Anglo American has put a figure of its total tax and economic contribution in Australia at more than S4,084 million. It’s contained in a recently released report detailing the company’s tax contribution around the world. In Australia, more than $2,344.4 million was spent on ‘total procurement’ and $693.5 million paid in total taxes including $96.5… ...

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Jun 28, 2021
Exports bounce counted in the billions

Exports bounce counted in the billions

The Office of the Chief Economist says Australia is set to record its best year of resources exports. That’s contained in the latest Resources and Energy Quarterly (REQ) which both reviews market movements and forecasts Australia’s exports. It says the fortunes of Australian resources exports are tied to a rebounding world economy and are likely to hit… ...

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