$90 million boost for Albemarle’s lithium
The United States Department of Defence has approved a $90 million grant to help support the expansion of Albemarle’s domestic mining and lithium production for the US’ battery supply chain.
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James Bay Minerals makes ASX debut
As of today, Canadian-focused lithium explorer James Bay Minerals will commence trading on the Australian Securities Exchange (ASX).
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Placement to fund West Arunta project exploration
Gold-copper exploration company WA1 Resources has received firm commitments for a placement of new ordinary shares to raise $15 million, before costs, to fund ongoing exploration activities and development studies at its West Arunta project.
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Finance that’s not just for exporters
Australian Mining takes a look at financing options in the resources sector.
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29Metals secures restart funding
Just one day after 29Metals launched a fully underwritten entitlement offer to raise $151 million, the miner has completed the institutional component of the offer.
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29Metals seeks mine restart funding
29Metals has launched a fully underwritten entitlement offer to raise $151 million.
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Piedmont receives first payment for lithium shipment
Piedmont Lithium has received a partial prepayment of $31.6 million for the sale of 15,000 dry metric tonnes (dmt) of 5.4 per cent lithium concentrate under its offtake deal with North American Lithium (NAL).
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Black Cat snaps up funding for exploration
Western Australian gold explorer Black Cat Syndicate has received firm commitments from institutional and sophisticated investors in respect of a $8.3 million placement.
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Core opens $20 million SPP
Core Lithium has opened its previously announced $20 million share purchase plan (SPP) to eligible shareholders.
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$650 million for Mardie
BCI Minerals has received $650 million worth of project finance debt for its wholly owned Mardie salt and potash project.
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Queensland resources jobs get $53.5 million boost
The Queensland Government has increased the successful Industry Partnership Program (IPP) by a further $53.5 million.
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Azure raising millions for Andover growth
Lithium and nickel exploration company Azure Minerals has launched a $120 million two-tranche institutional placement and a $10 million share purchase plan (SPP).
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Core raises $100 million in equity for projects growth
Core Lithium has successfully completed its $100 million fully underwritten institutional placement that it announced yesterday.
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SACOME looks to the future
The South Australian Chamber of Mines and Energy (SACOME) has commissioned new reporting to plan labour requirements for the SA resources sector.
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WA Government invests in mineral exploration
The Western Australian Government has announced that applications for round 28 of the Exploration Incentive Scheme (EIS) co-funded drilling program and series 6 of the Energy Analysis Program (EAP) are open.
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MinRes invests in lithium extraction technology
Mineral Resources (MinRes) and Lithium Australia have entered a joint development agreement to further develop technology that has the potential to revolutionise lithium extraction.
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MinRes invests in low carbon technology
Mineral Resources (MinRes) has invested $US17.5 million ($26.6 million) in Binding Solutions in order to reduce energy use and emissions during the production of iron ore pellets.
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Why did Albemarle invest $123 million in Patriot?
Albemarle Corporation has signed for a C$109 million (A$123 million) stake in Canadian lithium explorer Patriot Battery Metals following a significant discovery.
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Lynas and US DoD strengthen partnership
Lynas Rare Earths’ United States subsidiary has signed a follow-on contract with the US Department of Defence (DoD).
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Rio funds $150 million critical minerals centre
Rio Tinto will commit $150 million in order to create the Centre for Future Materials in London.
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