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nickel

Jul 27, 2020
Sun Metals and TECH team up in iron oxide study

Sun Metals and TECH team up in iron oxide study

Townsville zinc refinery operator Sun Metals and the proponents of the planned TECH battery chemical plant will investigate the potential to sell a joint iron oxide product. Pure Minerals’ TECH (Townsville Energy Chemicals Hub) project is expected to produce 327,000 tonnes per annum of high-grade iron oxide (haematite) as a co-product of processing nickel laterite… This content is for...

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Jul 24, 2020
Musk nickel message strikes a chord with industry

Musk nickel message strikes a chord with industry

A plea this week from Tesla boss Elon Musk for mining companies to get out and produce nickel is music to the ears of Australian Mines managing director Benjamin Bell. It’s not that the industry has been unaware of nickel’s importance as the electrical vehicle and battery storage market grows. “It’s just good now that… This content is for iQ Industry Queensland, iQ C...

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Jul 23, 2020
NQ project set to meet supercharged market

NQ project set to meet supercharged market

The electric vehicle battery market is being supercharged during the COVID-19 crisis, and a Townsville project is poised to make the most of the hot demand. Newly appointed Pure Minerals chief executive officer Stephen Grocott said the company’s TECH battery chemicals project was well-placed to enter the fray. It skipped the steps involved in getting… This content is for iQ Industry Queensl...

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Jul 15, 2020
State puts its money behind Sconi start

State puts its money behind Sconi start

The Queensland Government is providing a financial leg-up for the  $1.4 billion Sconi cobalt-nickel-scandium project in North Queensland. The amount involved remains confidential and it comes with a range of conditions, including that Sconi developer Australian Mines completes construction by July 2023. The State financial support package comes after the Queensland Government last year grante...

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Jun 19, 2020
Sconi processing delivers high-purity samples

Sconi processing delivers high-purity samples

Australian Mines says it has successfully completed production runs of battery-grade cobalt sulphate and nickel sulphate with ore from its Sconi project, near Greenvale. Demonstrating its ability to produce high-purity samples supports ongoing offtake negotiations for the planned $1.4 billion cobalt-nickel-scandium operation. Australian Mines said today it was continuing to make good progress on t...

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May 26, 2020
Tick of approval for new industrial precinct

Tick of approval for new industrial precinct

Townsville City Council has formally adopted an amendment to its planning scheme to create the new Lansdown industrial precinct at Calcium, near Woodstock. It paves the way for a raft of major projects that have earmarked the area for their developments including Imperium3 Townsville’s $3 billion lithium-ion battery plant and Pure Minerals’ $554 million Townsville… This content ...

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May 15, 2020
Sconi study delivers new nickel and cobalt targets

Sconi study delivers new nickel and cobalt targets

Australian Mines has identified 14 new nickel and cobalt exploration target areas within and adjacent to its Sconi project, near Greenvale in North Queensland. Managing director Benjamin Bell said the company’s primary focus remained on securing binding offtake and financing agreements for Sconi. However the new targets showed there was still a lot that it… This content is for iQ Indu...

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May 02, 2020
Cash boost for TECH battery chemicals project

Cash boost for TECH battery chemicals project

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… This content is for iQ Industry Queensland, iQ Co...

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Apr 14, 2020
Sconi mining project proponent raises $1.45m

Sconi mining project proponent raises $1.45m

Sconi mine developer Australian Mines says it has received firm commitments from a UK-based investor for a share placement to raise $1.45 million. The funds would be used to produce battery-grade nickel sulphate and cobalt sulphate samples for potential offtake and financing partners, and for general working capital, the company said. “The commitment to invest $1.45 million… This content is...

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