Global Energy Metals says it is weighing up ‘next-step options’, including new strategic partnerships, to advance its portfolio of copper-cobalt-gold projects in North-West Queensland. It comes as it continues to work towards a royalty sale to Electric Royalties after receiving Australian Financial Investment Review Board approval. Global Energy Metals has established tenement h...
Pure Minerals has announced a deal to supply battery maker Samsung SDI with nickel products from its Townsville plant. Samsung SDI is seeking to purchase up to 6000t per annum of contained nickel from the TECH (Townsville Energy Chemicals Hub) project. Pure Minerals chief executive officer Stephen Grocott said the company was consistently gaining traction with end users who viewed it as a p...
A planned $550 million-plus Townsville battery materials plant is a step closer with Queensland Pacific Metals formally securing the project site. The company, a subsidiary of Pure Minerals, has entered into a binding reservation deed with Townsville City Council for the land in theLansdown Eco-Industrial Precinct. “The reservation deed secures the TECH (Townsville Energy Chemicals Hub) ...
Aeon Metals is turning to the sun to power its proposed Walford Creek copper-cobalt project in North-West Queensland. The company has signed a Letter of Intent (LOI) with Sun Cable to provide an energy solution for the operation. Sun Cable has been hitting the headlines for its $22 billion plan to build the world’s largest dispatchable solar and battery power station in the Northern Terri...
Horizon Minerals has announced positive prefeasibility study results for a proposed $220 million vanadium mine in North West Queensland. The study was completed for the Richmond – Julia Creek vanadium joint venture project, based on shallow open-pit mining over an initial life of 20 years. It was focused on the Lilyvale deposit within that project, with a maiden open pit ore reserve of 45...
More than $US1 trillion of investment will be needed in metals such as aluminium, cobalt, copper, nickel and lithium over the next 15 years to meet the growing demands of decarbonisation, according to analysts Wood Mackenzie. This is almost double the figure invested over the previous 15 years. “One can argue about both the pace and scale of the energy transition but the criticality of me...
The clock is ticking for potential Sconi offtake partners to secure battery materials ahead of a forecast ‘pinch point’ for nickel supplies in 2023, says Australian Mines. In a quarterly update the company said its priority was advancing discussions with potential offtake partners for the North Queensland cobalt-nickel-scandium project. The market dynamics of the electric vehicl...
Pure Minerals is looking at scaling up its planned Townsville battery materials plant after scoring a major deal with South Korean chemical company LG Chem. It says the move would bring economies of scale along with more jobs and other benefits for Townsville and the greater community. LG Chem is seeking to buy up to 10,000 tonnes of contained nickel and about 1000 tonnes of contained cobal...
Vast Solar has joined forces with the Queensland University of Technology to help optimise its planned $600 million clean energy project in Mount Isa. The North West Queensland Hybrid Power Plant will use concentrated solar thermal power (CSP) technology based on mirrors. This will be integrated with a solar PV system, a large-scale battery and gas engines. Vast Solar said the new plantâ€...
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