After reducing its West Musgrave workforce by 25 per cent earlier this week, BHP has decreased the number of contractors working at its Kalgoorlie nickel smelter.
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Following the announcement that MinRes will take over Poseidon Nickel’s Lake Johnston nickel concentrator and tenures in WA, Poseidon Nickel has announced a leadership transition to compliment the funding.
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After declaring an impairment against its nickel operations in its half-year results, BHP has made about a quarter of its West Musgrave workforce redundant.
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Mineral Resources (MinRes) will take over Poseidon Nickel’s Lake Johnston nickel concentrator and tenures in Western Australia and convert it into a lithium hub.
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Chalice Mining revealed drained coffers in its 2023–24 half year report (H1 FY24) but remains optimistic that its critical minerals project can refill them.
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Federal Resources Minister Madeleine King has reportedly met with US Pentagon representatives earlier this week to discuss both governments co-investing in an Australian nickel project.
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Federal Resources Minister Madeleine King will visit Canada and the US from March 3–8 to engage in complex discussions surrounding critical minerals.
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The Association of Mining and Exploration Companies (AMEC) led a delegation of mining and energy companies yesterday that focused on progressing discussions of a production tax credit (PTC) with the Federal Government.
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Following challenges caused by weakening nickel and lithium prices, IGO has revealed its immediate priorities for the upcoming months to ensure future success.
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While BHP chief executive officer Mike Henry foresees the nickel winter extending to the end of the decade, he believes it’s not all doom and gloom for the company.
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Federal Resources Minister Madeleine King has placed nickel on the critical minerals list, giving nickel companies the opportunity to access billions of dollars in relief.
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Perenti subsidiary Barminco will support IGO as it transitions its Cosmos nickel mine into care and maintenance, following the weakening of nickel prices hitting the sector.
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Federal Minister for Resources Madeleine King and Western Australian Minister for Mines David Michael met with nickel and lithium producers last week to discuss challenges facing the industry.
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