L Larvotto Resources Limited

Larvotto Resources Commences Lithium, Nickel And Platinum Drilling Program At Eyre Project

Rio Tinto Launches $15 Billion Asset Sell-Off Rio Tinto Has Announced Plans To Sell Up To $15 Billion Worth Of Assets As Part Of A Strategy To Streamline The Company And Refocus On Its Core Operations. The Move Marks One Of The Largest Portfolio Resets In The Miner’S History. Iron Ore Still The Backbone At Tom Price In Western Australia’S Pilbara Region, Iron Ore Is Moved By Rail Almost 400 Kilometres To Cape Lambert, Where It Is Loaded Onto Ships Bound For Asia. These Pilbara Mines Remain Rio’S Strongest Earnings Driver And Will Not Be Part Of The Sell-Off. What Will Be Sold? Rio Plans To Offload Non-Core Mines, Land Parcels, And Parts Of Its Processing And Infrastructure Portfolio. The Company Is Also Reducing Spending On Decarbonisation Projects, Shifting Towards Third-Party Partnerships Instead Of Funding Major Energy Investments Itself. Simandou Adds Global Pressure The Timing Of The Reset Coincides With The Long-Awaited Ramp-Up Of The Simandou Iron Ore Project In Guinea, Which Will Introduce New Global Supply. The Added Competition Has Intensified Rio’S Push To Sharpen Its Business And Strengthen Financial Performance. A High-Stakes Strategy Rio Says The Changes Will Make The Company “Stronger, Sharper And Simpler.” But With Iron Ore Markets Shifting And New Supply Emerging, The Key Question Remains: Will Selling Too Much Reduce Rio’S Long-Term Advantage?

Bhp’S $1.4 Billion Push To Lift Port Hedland Capacity Bhp Is Investing $1.4 Billion To Upgrade Infrastructure At Port Hedland, The World’S Largest Bulk Export Port And The Backbone Of Australia’S Iron-Ore Industry. This Port Handles The Ore That Arrives From Bhp’S Giant Pilbara Mines — Brought In By Some Of The Longest Freight Trains On Earth. With Global Demand Rising And Competition Heating Up, Bhp Is Preparing The Port For Its Next Phase Of Growth. New Rail-Car Dumper And 5km Conveyors The Major Upgrade Includes: A New Sixth Rail-Car Dumper Around Five Kilometres Of New Conveyors Upgrades To Screening And Transfer Infrastructure These Additions Are Designed To Move Ore From Train To Ship Faster, Safer And With Fewer Bottlenecks, Supporting Bhp’S Long-Term Target Of 305 Million Tonnes Per Year. A Strategic Response To Rising Competition Bhp’S Investment Comes As Rio Tinto And Chinese-Backed Groups Expand Operations In Africa, Including Major New Iron-Ore Developments In Guinea. Those Projects Could Shift Global Supply Balances Over The Next Decade. Increasing Throughput At Port Hedland Is Part Of Bhp’S Effort To Maintain Its Position As A Leading Low-Cost Iron-Ore Producer. Is It Enough To Stay Ahead? The Expansion Will Boost Efficiency And Help Stabilise Output Across Bhp’S Pilbara Network. But With New African Mines Edging Closer And Long-Term Demand Uncertain, The Question Remains: Will This $1.4 Billion Upgrade Secure Bhp’S Lead — Or Will More Investment Be Needed To Stay In Front?

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$Boe $100 Million Uranium Restart Near Broken Hill Boss Energy Has Restarted The Honeymoon Uranium Mine In South Australia, More Than A Decade After The Project Was Placed On Care And Maintenance. The Site Sits Around 80 Kilometres North Of Broken Hill And Was Previously Shut Down In 2013 When Uranium Prices Were Too Low To Support Operations. New Technology Behind The Revival As Part Of The Restart, Boss Energy Replaced The Old Solvent-Extraction Processing Circuit With A Modern Ion-Exchange Plant Designed To Improve Efficiency And Lower Operating Costs. The Company Also Developed New In-Situ Recovery Wellfields To Support Long-Term Production. A Rebuild Costing Well Over $100 Million The Restart And Expansion Program Has Required An Investment Exceeding $100 Million, Covering Plant Upgrades, New Drilling, And Expansion Infrastructure. The Company’S Ramp-Up Has Progressed Quickly, With Honeymoon Now Producing Uranium At Its Highest Rates Since Reopening. Favourable Market Conditions The Revival Comes As Global Uranium Demand Strengthens And Prices Rise Toward Decade Highs, Driven By Renewed Interest In Nuclear Energy And Concerns Over Fuel Supply Security. Higher Prices Have Improved Project Economics, Raising The Question Of Whether Boss Energy Has Timed The Restart Perfectly. A Strategic Play For Australia’S Energy Future If Production Continues To Scale As Expected, Honeymoon Could Become A Key Australian Supplier Of Uranium, Contributing To Both Export Markets And The Global Shift Toward Low-Emissions Energy Sources.

Bhp Sells $3b Stake In Pilbara Power Network Mount Whaleback — One Of The World’S Largest Open-Cut Iron-Ore Mines — Depends On A Vast Inland Power Network That Keeps Crushers, Haul Roads And Remote Camps Running Across The Pilbara. This Network Supplies Electricity Not Only To Mount Whaleback, But To Bhp’S Broader Western Australia Iron Ore (Waio) Operations And The Nearby Township Of Newman. Blackrock Buys Nearly Half Bhp Has Sold A Near-Half Stake In This Power System To Us Investment Firm Blackrock’S Global Infrastructure Partners Division In A Deal Worth $3 Billion (Aud Equivalent). Despite The Sale, Bhp Retains Operational Control Of The Network. The New Structure Means Bhp Will Pay An Agreed Tariff For The Electricity It Uses Over A 25-Year Period. Freeing Up Capital For Growth Bhp Says The Move Allows It To Recycle Capital From Long-Life Infrastructure Into Higher-Return Opportunities Across Its Iron-Ore Business. Industry Analysts Note The Deal Is Aimed At Improving Capital Efficiency While Maintaining Stable Power Supply To Essential Mining Operations. Why It Matters Power Reliability Is Core To Pilbara Iron-Ore Production, And The Deal Does Not Affect Existing Agreements With Traditional Owners, The Wa Government, Or Local Communities. With Global Iron-Ore Competitors Tightening Costs And New Supply Emerging, Bhp Is Positioning Itself To Maintain Long-Term Productivity And Financial Flexibility. What Happens Next The Agreement Is Subject To Approval From The Foreign Investment Review Board (Firb), But No Operational Changes Are Expected. Bhp Has Reiterated Its Medium-Term Goal Of Lifting Pilbara Iron-Ore Output Toward 305 Million Tonnes Per Year.