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Processing

Jun 03, 2020
Court ruling sees Palmer escape $100m-plus payout

Court ruling sees Palmer escape $100m-plus payout

The Supreme Court in Brisbane has ruled in Clive Palmer’s favour over a bid by Queensland Nickel liquidators to have him pay $102 million in outstanding debts as well as their fees. Justice Debra Mullins ordered that the claims of $124 million by liquidator James Park against Mineralogy and Clive Palmer be dismissed. Outside court, Mr Palmer said he was always confident of not being ...

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Jun 02, 2020
Battery plant proponent in $1.5m capital raising

Battery plant proponent in $1.5m capital raising

Townsville battery plant proponent Magnis Energy Technologies is tapping investors to raise $1.5 million through a share placement. The ASX-listed company said it had received firm commitments from professional, sophisticated and institutional investors to raise the amount. “We are encouraged by the strong interest shown in our capital raising which was done at a small discount to the previ...

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May 29, 2020
Aquaculture potential highlighted

Aquaculture potential highlighted

The aquaculture industry in northern Australian is about to hit its straps. A recently released report forecasts a five-fold increase in production to more than $1.34 billion within the next decade. That’s in proportion to the current volume of fish, prawns and other seafood products. The report has been written by the Cooperative Research Centre for Developing Northern Australia (...

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May 28, 2020
Robotic revolution for Glencore refinery

Robotic revolution for Glencore refinery

A new robotic handling and welding system has been enlisted for cathode plate manufacturing at Glencore’s Townsville Copper Refinery. The system – featured in Glencore’s latest inhouse Resourceful newsletter – is capable of manufacturing Glencore’s ISAKIDD plates in bulk quantity along with the traditional ISA Process plate range. “Further automating this proc...

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May 27, 2020
Funds injection for Gladstone HPA project

Funds injection for Gladstone HPA project

Alpha HPA has raised $7 million through a share placement to advance its plans for a $308 million high-purity alumina industrial plant in Gladstone. Alpha HPA plans to produce about 10,000tpa of high purity alumina at the HPA First project in Gladstone, using its own solvent extraction and HPA refining technology. It said today the funds raised would go towards market outreach and perm...

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May 26, 2020
Sun Metals cushions local business from COVID-19 blow

Sun Metals cushions local business from COVID-19 blow

Sun Metals is doing its bit to ease the economic pressures of COVID-19, bringing forward payments to suppliers as well as supporting a voucher system to help local hospitality businesses. It comes as work on a $450 million expansion at the company’s Townsville zinc refinery heads towards its expected peak in the fourth quarter of this year, when the construction project is expected to s...

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May 21, 2020
Gladstone HPA project attracting test orders

Gladstone HPA project attracting test orders

The company behind plans for a $308 million high-purity alumina industrial plant in Gladstone says it has received a large test sample order from the United States. The 90kg order is in addition to a standing order from a South Korean sapphire glass/LED party. Alpha HPA plans to produce about 10,000tpa of high purity alumina at the HPA First Project in Gladstone, using its own solvent ...

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May 08, 2020
Collaboration sorts benefits

Collaboration sorts benefits

A collaborative study with Australian mining companies BHP, Norton Gold Fields and Saracen on the integration of screening and particle sorting techniques is set to deliver benefits across the resources sector. The Integrated Screening and Particle Sorting Collaborative (ISPS) Study aims to develop a robust and scientifically rigorous framework for collecting, tes...

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May 06, 2020
NAIF  backing for $37m beef processing development

NAIF backing for $37m beef processing development

A $37 million Central Queensland beef processing development is a step closer after winning Northern Australia Infrastructure Facility (NAIF) backing. NAIF announced today it had achieved contractual close for a $24 million loan to Signature Onfarm. The loan will help construct a specialist beef processing plant and on-site employee accommodation near Clermont. The project is expected to...

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