The proponents behind the Townsville Energy Chemicals Hub (TECH) have secured a cash injection of more than $900,000 to continue to advance the project. The funds include a short-term loan of up to $586,728 from Metamor Capital Partners and a share placement to an overseas investor that will raise $320,000. TECH proponent Pure Minerals said the loan facility was based on expected returns un...
Sun Metals is supporting Townsville’s hospitality sector by providing hundreds of employees with vouchers from a list of local cafes, restaurants, and pubs. The initiative aims to support the region through the COVID-19 crisis as a part of Townsville Enterprise’s recently launched Buy Now, Holiday Later campaign. Buy Now, Holiday Later has been designed to provide operators immediate cash s...
Speciality Metals is aiming to produce separate scheelite and wolframite concentrates at its newly commissioned Mount Carbine retreatment plant this quarter. The company, in joint venture with CRONIMET, is retreating a tailings stockpile at the Far North Queensland site, reporting an average grade of 0.08-0.12 per cent WO3 (tungsten trioxide), with a recoverable portion of about 70 per cent. ...
Gladstone industry leaders have launched a shutdown calendar to help supply chain businesses with planning. The Gladstone Industry Leadership Group and Gladstone Engineering Alliance initiative outlines planned maintenance outages over a 12-18-month period. It covers operations including Gladstone Ports Corporation, Rio Tinto Yarwun, Queensland Alumina Limited, Boyne Smelters Limited, Orica...
MMG Dugald River produced 35,505 tonnes of zinc in zinc concentrate and 4277 tonnes of lead in lead concentrate during the first quarter of 2020. The company said mining and milling volumes of 462,570 and 443,378 tonnes respectively were both in line with plan and continued to demonstrate the North West Queensland site’s capacity to operate in excess of nameplate capacity on a sustained...
The company behind plans for a $308 million high-purity alumina industrial plant in Gladstone has appointed the Brisbane-based KPMG Debt Advisory Team to co-ordinate project financing. Alpha HPA plans to produce about 10,000tpa of high purity alumina at the HPA First Project, using its own solvent extraction and HPA refining technology. It says it has been successful in production of a chlo...
Rio Tinto Aluminium is developing hand sanitiser at on-site laboratories in Australia and New Zealand to help tackle the spread of COVID-19. The company says chemists and researchers at Yarwun Alumina Refinery at Gladstone, Bell Bay Aluminium in Tasmania, and New Zealand’s Aluminium Smelter (NZAS) have developed hand sanitiser formulas to World Health Organization specifications for on-site us...
Pure Minerals says updated prefeasibility study results show its planned Townsville battery chemicals plant would deliver significant returns even against current depressed markets. The next steps are to complete pilot plant test work, a definitive feasibility study and obtain all required development approvals, the company says. However it is expecting the impacts of the COVID-19 crisis o...
Central Queensland magnesium producer QMAG has officially become an independent subsidiary under Munich-based refractory company Refratechnik Group. The Refratechnik Group in January entered into an agreement with Sibelco to acquire 100 per cent of QMAG (Queensland Magnesia), which employs about 150 people. Refratechnik announced completion this week. QMAG mines magnesite at the Kunwara...
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