News in Numbers
4,000 tpa
The capacity of the largest ferrotungsten plant outside of China, which EQ Resources has agreed to acquire as part of its 100% acquisition of the Tungsten Metals Group.
A$766m
The amount Rio Tinto is committing to rehabilitate the Ranger Project Area in Northern Territory of Australia. Rio Tinto now owns 98% of Energy Resources of Australia.
375km²
The area of the Reynolds Range lithium project, which iTech Energy is partnering with SQM Australia to develop. SQM could earn up to a 70% interest in the project’s lithium rights.
A$50.3m
The amount of equity True North Copper has secured through a share placement. The raise will fund exploration activities at the Cloncurry copper project and Mt Oxide project in Queensland.
2
The number of Australian mines Greatland Gold has agreed to acquire from Newmont. The deal includes a 70% interest in the Havieron gold-copper project, plus the Telfer gold-copper mine and related assets.
