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nickel

May 17, 2019
Engineers appointed for battery refinery study

Engineers appointed for battery refinery study

The proponents of a $415 million battery materials refinery in Townsville have appointed Lycopodium Minerals as lead engineer for the pre-feasibility study. The project has been named the Townsville Energy Chemicals Hub (TECH), with plans to produce nickel and cobalt sulphate. Queensland Pacific Metals, a Pure Minerals (PM1) subsidiary, expects the pre-feasibility study to be… ...

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Apr 26, 2019
EV targets a sweet sound for Sconi proponent

EV targets a sweet sound for Sconi proponent

Sconi proponent Australian Mines has been buoyed by election talk of electric vehicle targets for Australia. The company today released a quarterly activities update, with managing director Benjamin Bell noting the boost provided by the State Government declaring the planned cobalt-nickel-scandium mine near Greenvale as a prescribed project. He also noted it was clear that… ...

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Feb 27, 2019
Cash injection for Sconi mine developer

Cash injection for Sconi mine developer

Sconi mine proponent Australian Mines has raised $5 million through a share placement, saying the response demonstrated a buoyant appetite in the battery metals sector. The $1.4 billion North Queensland project has been forecast to be one of the most competitive cobalt-producing nickel operations in the world by an independent study. it is one of… ...

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Feb 25, 2019
Pure Minerals buys refinery proponent

Pure Minerals buys refinery proponent

Pure Minerals announced today it had exercised its option to buy Queensland Pacific Metals, the company planning a $415 million battery materials refinery in Townsville.In announcing the decision, Pure Minerals said it was happy with recent results from a scoping study carried out by QPM, which suggested the refinery could produce battery-grade nickel and cobalt… ...

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Feb 14, 2019
New findings beef up $1.4b Sconi project’s prospects

New findings beef up $1.4b Sconi project’s prospects

Australian Mines has delivered good news on two fronts for its $1.4 billion Sconi project near Greenvale in North Queensland this week. Updated estimates for the cobalt-nickel-scandium project have increased the mineral resources tonnes by 63.2 per cent for the project’s Greenvale deposit and 94.6 per cent for Lucknow. The Greenvale nickel deposit’s in-situ material… ...

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Jan 25, 2019
Fast track for $1.4b Sconi mining development

Fast track for $1.4b Sconi mining development

The State Government has declared the $1.4 billion Sconi project near Greenvale in North Queensland as a prescribed project. Prescribed project status will help streamline approvals and fast-track the development. Construction is anticipated to start this year, with proponent Australian Mines set to open a regional office in either Townsville, Charters Towers or Greenvale.  Australi...

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Jan 21, 2019
Drilling results confirm Sconi’s potential

Drilling results confirm Sconi’s potential

Latest drilling results confirm the fact that the Sconi project near Greenvale is a “world-class deposit”, according to Australian Mines. In an update released today, Australian Mines said the most recent drilling operation had returned high-grade cobalt and nickel intersections. As a result, Australian Mines said it had engaged an independent resource consultant to immediately… ...

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Jan 16, 2019
Cash boost for Sconi work

Cash boost for Sconi work

Sconi proponent Australian Mines has received a $1.9 million Federal Government rebate for its research and development work. The money relates to work the company is undertaking with Simulus Group in Perth on a demonstration-size high-pressure acid leach and solvent extraction plant. It follows another rebate of almost $300,000 in October. Australian Mines managing director… ...

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Nov 20, 2018
Strong case to develop $1.3b Sconi project

Strong case to develop $1.3b Sconi project

Australian Mines has announced positive results from a bankable feasibility study into the Sconi cobalt-nickel-scandium project, 250km north-east of Townsville. The operation is expected to cost $US974 million – about $AU1.3 billion – to develop, with the company stating that $US922 million of the total capex is anticipated to be spent with Australian businesses, with a preference̷...

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