Lithium heats up with huge profits for Pilbara Minerals

$250 million in funding for Pilbara Minerals

Australian lithium producer Pilbara Minerals has secured a 10-year debt facility from the Australian Government, through the Export Finance Australia (EFA) and Northern Australia Infrastructure Facility (NAIF) agencies, to support the expansion of its Pilgangoora operation in Western Australia.
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Bellevue aims for green gold

Bellevue Gold has taken a pivotal step towards its aspirational goal of becoming Australia’s first ASX- listed gold miner with net-zero emissions, by signing an early works agreement with Energy Developments (EDL) for its Bellevue gold project.
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BHP to halve emissions from WA iron ore operations

BHP expects to halve emissions from the generation of electricity used to power its WA Iron Ore port facilities in Port Hedland by the end of 2024, following the signing of a large-scale renewable Power Purchase Agreement with Alinta Energy.
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Wyloo grabs major chunk of Greatland Gold

Wyloo Metals has announced an equity funding package of up to $120 million for Greatland Gold, thereby becoming its largest shareholder. Greatland is a leading mining development and exploration company focussed on precious and base metals. It is developing the world-class Havieron gold-copper deposit in the Paterson region of Western Australia while delivering multi-project exploration upside in a low-risk jurisdiction. Wyloo, owned by Andrew Forrest, will subscribe for 430,024,390 ordinary shares, priced at 8.2 pence per share, totalling $60 million and about 8.6 per cent of Greatland’s shares on issue. Read More