Sharp declines in global prices of the metal have led to mine closures in Australia in recent months, threatening mining jobs. Its price has fallen almost 40 per cent in the past year amid an oversupply, particularly from low-cost producers like Indonesia. ‘Just doing his job’: Australia PM makes firmest call yet for Assange’s freedom … Read more
Roger Cook will use a speech to the Federal Cabinet in Perth on Monday to drive home the urgency about Western Australia’s ailing nickel industry. The Premier will address the Prime Minister and his Cabinet in a bid to encourage them to explore all options to safeguard miners. FOLLOW US ON GOOGLE NEWS Read original … Read more
As Australia’s nickel industry crumbles, the future of a small mining town 60km out of Kalgoorlie hangs in the balance. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Trusted Bulletin is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All … Read more
Federal Resources Minister Madeleine King has called an urgent meeting with her WA counterpart and industry heavyweights as the State’s critical minerals industry implodes on price pressures. The announcement follows Andrew Forrest’s Wyloo Metals shuttering its nickel mines in the Goldfields earlier on Monday, seeking to cauterise financial wounds that are likely well into the … Read more
One of three front-runners to become Indonesia’s vice president attacked Joko Widodo’s policy of forcing foreign companies to invest in mineral processing through export bans, stepping up criticism of the outgoing head of state’s economic record. Muhaimin Iskandar, the running mate of presidential candidate Anies Baswedan, said the goverment’s so called “downstreaming” policy had caused … Read more
A nickel-processing facility in Indonesia linked to Chinese metals giant Tsingshan Holding Group has halted operations as police investigate an explosion that left 18 workers dead. Ten Indonesian workers and eight Chinese workers were killed in the accident. PT Indonesia Tsingshan Stainless Steel, or ITSS, stopped operations after the blast early Sunday at a furnace … Read more
The Federal Government has updated its critical minerals list, including a surprise addition, and, in a boon for a plethora of WA miners, will up its support for other battery metals developments. Heading into 2024 the Government will knock helium from its critical minerals list and add rare earths elements molybdenum, selenium and tellurium, as … Read more
