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Qld's A$2bn ion-battery project gets backing

By: Esmarie Iannucci     23rd August 2018 The Queensland government on Thursday inked an assistance agreement with international consortium Imperium 3, over the proposed A$2-billion lithium ion-battery factory planned for Townsville. Premier Annastacia Palaszczuk said the agreement with Imperium 3, led by Boston Energy and Innovation,... 

Soaring coal royalties give Qld infrastructure spending a boost

By: Esmarie Iannucci     22nd May 2018 Queensland coal royalties would soar to a record A$3.7-billion in the 2018 financial year, the Queensland Resources Council (QRC) predicted on Tuesday. QRC CEO Ian Macfarlane said the A$536-million increase on the government’s previous royalty estimates would allow the state government to... 

Australian spodumene conversion facility to add much needed capacity to the market – WoodMac

By: Schalk Burger     5th March 2018 Shenzen-based Tianqi Lithium’s construction of the 48 000 t/y Kwinana spodumene converter, in Australia, will add much needed spodumene conversion capacity to an expanding market, says Wood MacKenzie (WoodMac) managing consultant James Whiteside. The Kwinana converter will be the largest lithium... 

Red River completes first zinc shipment

By: Natasha Odendaal     25th January 2018 ASX-listed Red River Resources has completed the first shipment of zinc concentrate from the Thalanga zinc operation, in Queensland. The shipment of 5 500 wet metric tonnes of zinc concentrate was loaded at the Port of Townsville destined for the Port of Lianyungang in Jiangsu province, China. 

QRC urges Queenslanders to think of investment at Nov 25 polls

By: Esmarie Iannucci     1st November 2017 The Queensland Resources Council (QRC) has called on the next state government to support the sector, allowing for more investment in the region. Queenslanders are voting on a new government on November 25. 

Thalanga delivers first concentrates

By: Esmarie Iannucci     11th October 2017 The Thalanga zinc project, in Queensland, has delivered its first zinc concentrate one month after the start of processing. ASX-listed Red River Resources on Wednesday told shareholders that the first two loads of zinc concentrates, amounting to some 150 t, left site on Tuesday for delivery to a... 

Townsville port expansion moves ahead

By: Esmarie Iannucci     29th September 2017 The A$1.6-billion expansion of Australia’s largest lead and copper export port in Townsville, Queensland, has been approved by the state’s Coordinator-General. The 30-year development plan includes four key elements, including capital dredging of some 11.48-million cubic metres of sediment to... 

Magnis Resources strikes supply deal with German consortium

By: Anine Kilian     28th August 2017 ASX-listed Magnis Resources has signed a memorandum of understanding (MoU) to supply raw materials to German lithium-ion battery consortium TerraE-Holding. Under the agreement, Magnis, which mines natural flake graphite for use in lithium-ion batteries, will supply raw materials to the TerraE... 

Australia joins lithium-ion battery 'gigafactory' race

By: Mariaan Webb     28th June 2017 Plans to build lithium-ion battery plants in Australia are moving apace, with at least two proposals on the table for 'gigafactories' in Queensland and the Northern Territory. A consortium led by Boston Energy and Innovation announced on Wednesday that it had selected a site for a planned... 

New pipeline mulled for Blue Energy’s Bowen basin gas project

By: Esmarie Iannucci     20th June 2017 Energy infrastructure group the APA Group has signed a nonbinding memorandum of understanding with ASX-listed Blue Energy to negotiate a gas transportation agreement for Blue Energy’s gas resources in the Bowen basin, in Queensland, to the east coast gas market. APA on Tuesday reported that it... 

Qld resource exports soar, but regulatory uncertainty still worry - CEOs

By: Esmarie Iannucci     19th June 2017 Research by the Queensland Resources Council (QRC) has shown that despite an A$8-billion increase in resource exports in the December quarter, Queensland’s CEOs continue to have some concerns. A quarterly sentiment survey has highlighted concerns around government policy uncertainty, with QRC... 

Coal industry expresses ‘serious concern’ about Australia’s electricity market review

By: Mariaan Webb     5th June 2017 The Australian coal industry has expressed “serious concern” about reports that the Finkel review of the national electricity market has turned its back on coal-fired electricity, in favour of renewable energy. Minerals Council of Australia CEO Brendan Pearson said on Monday that the country... 

MMG starts staffing Dugald River

By: Esmarie Iannucci     11th May 2017 Metals miner MMG has started the recruitment process for its A$1.4-billion Dugald River zinc project, in Queensland, which is expected to start production in the first half of 2018. State Development and Natural Resources and Mines Minister Dr Anthony Lynham welcomed the boon for local jobs in... 

Qld considering hydro power at Burdekin Falls dam

By: Esmarie Iannucci     1st May 2017 The Queensland Resources Council (QRC) has backed a plan by the state government to potentially develop a hydro-electricity power station at Burdekin Falls dam. Queensland Premier Annastacia Palaszczuk over the weekend said a plan to increase the Burdekin Falls dam capacity by 150 000 megalitres... 

CuDeco cuts ribbon on new Queensland copper mine

By: Esmarie Iannucci     28th October 2016 Copper miner CuDeco has cut the ribbon on the Rocklands copper mine, in Queensland, just days after shipping its first native copper from the Port of Townsville. “With shipments of native copper and sulphide copper concentrates to our customers now under way, we are focused on ensuring the... 

CuDeco ships first sulphide copper

By: Esmarie Iannucci     17th October 2016 ASX-listed CuDeco has shipped its first sulphide copper concentrate from its Rocklands copper mine, in Queensland, to customers in China. The company on Monday reported that 4 635 t of sulphide copper concentrate was shipped through the Port of Townsville on October 15, under an existing offtake... 

Townsville port expansion up for debate

By: Esmarie Iannucci     10th October 2016 The environmental-impact statement (EIS) for the proposed A$1.64-billion expansion of the Townsville port is open for public comment. Queensland’s independent Coordinator-General over the weekend released additional information about the project’s EIS, which will remain open for comment for a... 

CuDeco celebrates shipping milestone from Queensland copper mine

By: Megan van Wyngaardt     23rd August 2016 Queensland copper producer CuDeco on Tuesday reported that its first delivery of sulphide copper concentrates had been sent from its flagship Rocklands operations, near Cloncurry, to the Port of Townsville, ahead of the start of bulk shipments. The shipment complements the second shipment of 300... 

New Rocklands plant produces high-quality concentrates

By: Megan van Wyngaardt     2nd August 2016 Queensland copper producer CuDeco on Tuesday started production of high-quality sulphide copper concentrates from the newly built processing plant at its flagship Rocklands operation, in Cloncurry. This follows the project’s first shipment of native copper concentrate, which has been transported... 

Rocklands plant’s first native copper delivered to port

By: Creamer Media Reporter      29th July 2016 Queensland copper producer CuDeco has delivered the first truckload of native copper concentrate produced from its Rocklands operation’s new processing plant, near Cloncurry, to the Port of Townsville. The native copper concentrate will be stored at the North Queensland port prior to being... 

Court appoints special liquidators to investigate Queensland Nickel

By: Mariaan Webb     18th May 2016 The Federal Court on Wednesday appointed special purpose liquidators to investigate transactions related to mining magnate and politician Clive Palmer’s Queensland Nickel, granting an application by the federal government. Queensland Nickel administrator FTI Consulting said it would work closely... 

Palmer seeks A$1.2bn from Qld Nickel administrators

By: Esmarie Iannucci     17th May 2016 Mining personality Clive Palmer on Tuesday announced that he was seeking A$1.2-billion in damages from the administrators of Queensland Nickel, alleging “illegal diversion” of the company’s funds and assets. The creditors of Queensland Nickel last month voted in support of a recommendation by... 

Australia govt to pay entitlements to former Queensland Nickel workers

By: Esmarie Iannucci     18th April 2016 The federal government has stepped in to pay outstanding entitlements to workers retrenched at embattled Queensland Nickel. The administrators of Queensland Nickel last week revealed that 787 former employees at Yabulu refinery and associated Townsville port facilities were due nearly... 

Qld plans new mine clean-up laws to prevent taxpayers footing the bill

By: Esmarie Iannucci     15th March 2016 The Queensland government on Tuesday moved to introduce new laws to prevent defunct companies becoming taxpayers’ responsible for environmental clean-up bills. Environment Minister Dr Steven Miles, who introduced the Environmental Protection (Chain of Responsibility) Amendment Bill to Parliament... 

A$25m upgrade for rail link between Mt Isa and Townsville

By: Esmarie Iannucci     11th March 2016 The Mt Isa rail line, in Queensland, has been given a significant boost, with the state government on Friday announcing a A$25-million investment to improve the reliability of the rail line. Transport Minister Stirling Hinchliffe said the investment would support 75 regional jobs and deliver a... 

Palmer resumes management control of embattled Queensland refinery

By: Mariaan Webb     7th March 2016 The Yabulu refinery, in Queensland, is back under the management of mining magnate Clive Palmer, who on Monday announced that funding was secured to support the business operation of one of Australia’s biggest nickel refineries. A joint venture between QNI Resources and QNI Metals, Queensland... 

Queensland Nickel needs ‘millions’ to make it past April – administrators

By: Esmarie Iannucci     29th January 2016 The administrators of embattled Queensland Nickel are looking for a saviour to invest “tens of millions of dollars” to keep the company afloat past April this year. FTI Consulting’s John Park told a teleconference on Friday that the company owed more than A$100-million to creditors and... 

Queensland urged to protect 60 000 resource sector jobs

By: Esmarie Iannucci     20th January 2016 The Queensland Resources sector has urged the state government to assist in formulating a plan that would protect the 60 000 resource sector jobs, and the several thousands from businesses supporting the industry. Queensland Resources Council (QRC) CEO Michael Roche on Wednesday said that he had... 

Queensland Nickel enters voluntary administration

By: Esmarie Iannucci     18th January 2016 The embattled Queensland Nickel on Monday announced that the company had gone into voluntary administration, as it struggled to stay afloat. MD Clive Mensink said that Queensland Nickel would continue with its operations while under administration, saying that it would be “business as usual” for... 

Queensland Nickel cuts 237 jobs at Townsville

By: Esmarie Iannucci     15th January 2016 Embattled nickel miner Queensland Nickel on Friday announced that 237 workers would be made redundant at its Townsville operations. The company said the decision was necessitated by announcements from the Chinese government that it was injecting A$6.6-billion into its own metals industry and the... 

Struggling Queensland Nickel vows to pay workers

By: Esmarie Iannucci     7th January 2016 The management of embattled miner Queensland Nickel on Thursday said it was doing all in its power to ensure the company remained afloat, despite rumours to the contrary. Reports emerged on Thursday that insolvency experts had been called in at the refinery as nickel prices continued to remain... 

No decision yet on Queensland Nickel assistance – Treasurer

By: Esmarie Iannucci     9th December 2015 The Queensland government has not made any decisions on whether to bail out embattled Queensland Nickel, Treasurer Curtis Pitt said this week. Queensland Nickel owner Clive Palmer has appealed to the government to provide “minimal assistance” to ensure the continued operation of the Townsville... 

Palmer’s Queensland Nickel seeks short-term govt guarantee

By: Esmarie Iannucci     8th December 2015 Embattled miner Queensland Nickel has requested an urgent meeting with Queensland Premier Annastacia Palaszczuk and Treasurer Curtis Pitt over the future of its Townsville refinery. The cry for help comes a day after mining personality Clive Palmer’s Mineralogy lost a bid in the Western... 

Mt Isa smelter to continue operating to 2022

By: Esmarie Iannucci     11th November 2015 Swiss-listed diversified miner Glencore and the Queensland state government have finalised new environmental licensing conditions to allow the Mt Isa copper smelter to operate until the end of 2022. As a result, Glencore this week announced that both the Mt Isa smelter and Townsville copper... 

South32 to cut a further $350m a year in costs

By: Esmarie Iannucci     24th August 2015 Triple-listed diversified miner South32 has flagged a $350-million-a-year cost reduction over the next three years, as the spin-off battles falling commodity prices. The miner said on Monday that these cost efficiencies were in addition to the $282-million productivity-led savings embedded at... 

$750m Dugald River gets the go-ahead

By: Esmarie Iannucci     29th July 2015 Hong Kong-listed MMG has approved the updated development plan for the Dugald River zinc/lead/silver project, in Queensland, bringing the project on line at a time when global zinc supply is expected to dissipate with the closure of a number of mines. In April this year, MMG flagged that it was... 

Port of Townsville gets A$55m upgrade

By: Esmarie Iannucci     24th July 2015 Some A$55-million would be spent on upgrading Berth 4 at the port of Townsville to double its capacity, the Queensland government reported this week. Ports Minister Mark Bailey said the investment would enable another two-million tonnes of product to go through the port every year. 

Metallica sells off limestone assets

By: Esmarie Iannucci     9th July 2015 ASX-listed Metallica Minerals has divested some of its noncore limestone assets, in Queensland. The junior on Thursday announced that it had agreed to sell four of its granted mining leases covering the Ootann limestone tenements, as well as the associated quarrying equipment to a private firm... 

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