Lithium developer Altura Mining will raise $26 million through a share placement to help accelerate its expansion plans at the Pilgangoora project in Western Australia.
Lithium hopeful Altura Mining has locked in an agreement with United States and Swiss-based investment groups to raise $US110 million ($137.9 million) to fund development of the Pilgangoora project in Western Australia.
Civmec last week secured an engineering, procurement and construction (EPC) contract with Alcoa, as well as other new construction and maintenance contracts for resources clients, worth a combined $90 million.
Civmec has secured a contract to construct the civil component of Altura Mining’s Pilgangoora process plant, one of three major contracts awarded for the Pilgangoora lithium project in Western Australia.
Altura Mining’s Pilgangoora lithium project is another step closer to full production after the Western Australian department of mines (DMP) approved its project management plan.
The Western Australian department of mines and petroleum (DMP) has approved Altura Mining’s proposal for the Pilgangoora lithium project in the Pilbara.
Altura Mining has awarded NRW Holdings a $110 million contract for mine development and drill and blast services at its Pilgangoora Lithium project in Western Australia.
Atlas Iron has officially opened its Mt Webber iron ore mine in the Pilbara.
Iron ore producer Atlas Iron has highlighted its expanding production profile, confirming its mine and port developments are on track to achieving 10 million tonnes per annum capacity.
Atlas Iron has received board approval to develop the Mount Webber mine with Altura Mining.