BHP’s operational improvements in the 2019 financial year have been offset by poor weather, resource headwinds and unplanned outages.
Stay on top of the most popular stories on Australian Mining over the past week, including BHP’s plans to expand its Nickel West division in Western Australia.
BHP is accelerating the development of its Nickel West division ahead of expected growth in demand driven by the electric vehicle sector.
First Quantum is planning to resume operations at the Ravensthorpe nickel mine in Western Australia during the first quarter of next year.
Western Areas has signalled its intentions to ramp up nickel production in response to signs of “tightening supply” of the commodity.
BHP remains optimistic about delivering high volumes over the next year despite recording approximately $US1 billion ($1.42 billion) in negative movement in productivity for the 2019 financial year.
Western Areas continues to expand its Odysseus project in Western Australia through the development of further orebodies, while completing its early works program on schedule.
In recent memory and even today, nickel has predominately been used to drive the rapid modernisation of developing economies, most notably China and India.
Independence Group (IGO) now owns 90 per cent of the Plumridge nickel project in the Fraser Range, Western Australia after completing its farm-in expenditure with joint venture partner Arrow Minerals.
BHP and Mitsubishi Development (MDP) have signed a memorandum of understanding (MOU) to work together to pursue emissions reductions.
Chalice Gold Mines is set to secure a significant nickel sulphide exploration opportunity in the west Kimberley region of Western Australia after acquiring North West Nickel.
Australian Mines announced that its Sconi cobalt-nickel-scandium project in North Queensland could generate $5 billion in free cashflow over the mine life.
Clean TeQ Holdings is appointing Macquarie Capital to search for a partner to work on the company’s Sunrise battery materials complex in New South Wales.
Auroch Minerals is set to bolster its presence in Western Australia through a planned acquisition of Minotaur Exploration’s Saints and Leinster nickel projects.
Mincor Resources will raise up to $23 million to fast-track its plans to restart high-grade nickel sulphide mining near Kambalda in Western Australia.
Nearly a third of participants involved in the current round of an ongoing state-backed commodity exploration scheme in Western Australia are focusing on battery metal discoveries.
BHP has released statistics suggesting that the global uptake of electric vehicles (EVs) could be larger than the company initially anticipated.
Stay on top of the most read articles on the Australian Mining website over the past week, including the approval of new mine development in Queensland.
Queensland Pacific Metals (QPM), a subsidiary of Pure Minerals, has appointed Lycopodium to undertake a pre-feasibility study (PFS) for its battery materials refinery in Townsville.
Venture Minerals has secured a binding iron ore offtake agreement with Singaporean company Prosperity Steel at the Riley mine in northwest Tasmania.