The Australian government has awarded Pilbara Minerals and partner Calix a A$20 million grant under the Modern Manufacturing Initiative for a lithium salts demonstration plant at Pilbara’s Pilgangoora operation in Western Australia (reports MiningNews).
The International Atomic Energy Agency’s (IAEA) Uranium Production Specialist Dr Adrienne Hanly has flagged that uranium inventories are precariously low (reports Stockhead).
The maiden diamond drill hole at Catalyst Metals (51%) and Navarre Minerals’ (49%) Lawry prospect, within Victoria’s prolific Bendigo Zone, has delivered a stunning high-grade intercept (reports MiningNews).
Analysis from Benchmark Mineral Intelligence has shown the lithium industry needs a massive US$42 billion in investment to meet projected 2030 demand (reports MiningNews).
Plus, Chalice stablemate Minerals 260 hunting for a Julimar of its own.
One decent discovery was not enough to totally wash away the negative sentiment that pervaded most sections of the Australian stock market this week, though Galileo Mining’s palladium strike near Norseman in WA went some way to improving the overall mood.
There is a “sense of achievement” that first ore from Mincor’s Kambalda nickel operations has been processed and the company has re-established itself as a producer after a six-year hiatus, the company’s boss says (reports The West Australian).
Nickel failed to dodge this week’s sector-wide mining sell-off, but with the battery metals and electric vehicle (EV) business model intact it could be the first commodity to recover (reports Tim Treadgold on Small Caps).
Orion Minerals has struck a long-awaited draft $US87 million ($124m) funding deal for its Prieska zinc-copper project in South Africa (reports The West Australian).
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