Fortescue Metals Group has revised its cost estimate for the Iron Bridge joint venture (JV) in Western Australia with up to an additional $1 billion needed to complete the build.
Metro Mining has flagged “historically high” freight costs for shipping its bauxite product, which the company anticipates will negatively impact prices.
Metro Mining will recommence operations at the Bauxite Hills mine in Queensland following an early shutdown for the wet season in September 2020.
Glencore and Mitsubishi Development have struck a joint venture (JV) deal to develop the Aurukun bauxite project in western Cape York, Queensland.
Australia’s mining industry is being encouraged to diversify its export markets beyond key commodities such as iron ore and gold.
South32 has stepped away from the Eagle Downs metallurgical coal project in Queensland after deciding it’s not financially viable.
South32 has awarded two contracts at the Worsley Alumina operation in Western Australia worth a combined value of around $125 million to SRG Global.
Metro Mining has continued to increase shipments despite a slowdown in mining activities at the Bauxite Hills mine in Queensland.
Metro Mining has moved into its planned wet season shutdown at the Bauxite Hills mine in Queensland earlier than usual.
Metro Mining may shut down the Bauxite Hills mine in Queensland for the wet season early if sales don’t pick up over the next month.
Metro Mining’s first ship for 2020 has arrived for loading at Skardon River in Queensland as part of Xinfa Group’s two million tonne purchase this year.
Metro Mining is set to recommence mining and shipping in April, with an estimated one million tonnes of bauxite to be produced and shipped by the end of June.
Metro Mining is set to reduce activity at the Bauxite Hills mine in Far North Queensland over the next three months.
SRG Global has secured preferred tenderer status for a $90 million multi-disciplinary asset services contract with Alcoa of Australia.
Metro Mining is on track to achieve its production guidance at the Bauxite Hills project in Far North Queensland this year.
Rio Tinto has recovered from operational and weather challenges faced in the Pilbara earlier this year, with its September quarter iron ore production jumping 10 per cent.
South32 has reached a long-term gas purchase agreement with Woodside Energy for the Worsley Alumina bauxite mine in Western Australia.
South32 Worsley Alumina has submitted a revised proposal to the Environmental Protection Authority (EPA) regarding the expansion of its Worsley mine in Western Australia.
Metro Mining has recommenced operations at its Bauxite Hills mine, having completed activities relating to expanding production in 2019.
South32 has awarded a long-term engineering services contract at the Worsley Alumina bauxite operations in Western Australia to SRG Global.