P Polymetals Resources Ltd

Polymetals Raises Funds To Ramp Up Endeavor Mine The Endeavor Mine In Outback New South Wales Is Ramping Back Into Production After A Period Of Inactivity. The Historic Silver-Zinc Operation Has Recently Restarted, With Mining Activity Building As The Site Returns To Steady Operations. $34 Million Capital Raise Polymetals Resources Has Raised More Than $34 Million Through A Capital Raising To Support The Next Phase Of Work At Endeavor. The Funds Will Be Used To Accelerate Drilling, Lift Mining Rates, And Strengthen The Company’S Balance Sheet As Production Increases. Focus On Drilling And Production The Capital Injection Allows Polymetals To Expand Near-Mine And Regional Drilling Programs While Increasing Mining Activity At The Site. The Company Has Flagged Higher Mining Rates As Operations Progress, Supported By Improving Cashflow From The Restart. Timely Boost Amid Strong Silver Prices The Funding Comes At A Time Of Strong Silver Prices, Providing A Favourable Backdrop For The Restart. With Production Ramping Up And Exploration Continuing, Polymetals Is Positioning Endeavor As A Potential Long-Life Asset Within Its Portfolio.

$100 Million Plan To Boost Copper Output In North Queensland Major Upgrade At Eloise Mine Aic Mines Is Investing Around $100 Million Into Expanding The Eloise Copper Mine, Located South-East Of Mount Isa In North Queensland. The Project Aims To Modernise The Older Underground Operation And Bring New Life To The Site. Jericho Deposit Set To Drive Growth A Key Part Of The Plan Is The Development Of The Nearby Jericho Deposit. Once Opened, Jericho Is Expected To Send About 600,000 Tonnes Of Ore Each Year Into Eloise’S Processing Plant. Bigger Plant, Bigger Production To Handle The Extra Ore, Aic Mines Is Expanding The Processing Plant To 1.1 Million Tonnes A Year. Together, The Eloise And Jericho Operations Could Produce Around 20,000 Tonnes Of Copper Annually, Creating A New Copper Hub In The Mount Isa Region. A Potential Boost For Queensland’S Copper Belt With Global Demand For Copper Growing, The Combined Project Could Become A Significant Contributor To The State’S Critical Minerals Industry. Whether This $100 Million Move Sparks Queensland’S Next Copper Boom Remains To Be Seen, But It Marks A Major Step For Aic Mines And The Region’S Mining Future.

Why Spend Over $400m Building This Wa Rare-Earth Mine? Around 1,000 Kilometres North Of Perth, The Yangibana Rare-Earths Project Is Aiming To Become One Of Australia’S Key Suppliers Of Neodymium And Praseodymium (Ndpr) — Metals Used In Electric-Vehicle Motors, Wind Turbines And Defence Technology. The Site Sits In The Gascoyne Region, Far From Major Towns But Close To Some Of The Country’S Best Rare-Earth Geology. Backed By Hastings And Wyloo The Project Is Being Advanced By Hastings Technology Metals, With Major Backing From Andrew Forrest’S Wyloo. Together They Are Working On A $470 Million Development Plan To Build The Mine And Processing Facilities Needed To Produce High-Grade Concentrate. A Us Supply Chain In The Making Yangibana Is Designed To Export Around 37,000 Tonnes Of Rare-Earth Concentrate Per Year. A Key Part Of The Strategy Is Feeding New Downstream Processing Capacity In The United States, As Global Manufacturers Look To Secure Non-Chinese Sources Of Critical Minerals For Clean-Energy Technologies. Funding Remains The Final Hurdle While Early Works Have Already Begun And Government Agencies Have Provided Loan Support, The Project Still Needs To Secure Its Remaining Capital Before Full Construction Can Move Ahead. That Leaves A Central Question For Investors And Policymakers Alike: Is Yangibana Finally Close To Becoming A Reality?

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?

Australia Fast-Tracks Major Niobium Discovery One Of The World’S Most Significant Niobium Discoveries Is Now Being Pushed Forward In Remote Western Australia, After The Federal Government Granted Major Project Status To Wa1 Resources’ Luni Project. Located In The West Arunta Region, The Project Contains Over 200 Million Tonnes Of High-Grade Niobium- And Phosphorus-Rich Material — Described By Wa1 As The Biggest Niobium Discovery In 70 Years. Why Niobium Matters Niobium Is A Strategic Critical Mineral Used To Strengthen High-Performance Steel, Particularly In Pipelines, Automotive Components And Major Construction. It Is Also Essential In Jet Engine Superalloys, Superconducting Magnets, Electronics, And Other Advanced Technologies. The Scale Of Luni Gives Australia A Rare Opportunity To Expand Its Role In The Global Supply Of This Specialised Metal, Which Is Currently Dominated By Brazil. A Key Step In Strengthening Supply Chains The Major Project Status Designation Signals Canberra’S View Of Luni As A Development With National Economic And Strategic Importance. Wa1 Says The Recognition Highlights Luni’S Potential To Support Regional Jobs, Bolster Sovereign Capability, And Contribute To Australia’S Growing Critical-Minerals Export Sector. As Studies Progress, Luni Is Shaping Up As One Of The Country’S Most Important New Mineral Projects — And A Rare Moment Of Global Significance For The Niobium Industry.

Minres Expands Onslow Iron With $3.5b Build Ken’S Bore Mine Near Onslow Was Once Empty Red Desert. Today, It Sits At The Centre Of One Of Australia’S Largest New Iron-Ore Developments, As Mineral Resources Continues To Scale Up Its Onslow Iron Project In Western Australia. New Mines, Port And Haul Road Minres Is Expanding The Onslow Iron Hub With New Mining Areas, A Deep-Water Port And A 150-Kilometre Auto-Haul Road Designed For Autonomous Road Trains. The Infrastructure Forms Part Of A $3.5 Billion Investment Aimed At Building A Large, Long-Life Iron-Ore Operation With Efficient Logistics. Focus On Cost And Scale The Project Has Been Designed With Cost Control In Mind. Minres Has Previously Sold A Stake In The Haul Road Infrastructure To Reduce Capital Requirements While Keeping Access To The Critical Transport Corridor. Competing In A Changing Market As New Iron-Ore Supply Comes Online Globally, Including From Major Projects In Africa, Minres Is Positioning Onslow Iron To Compete On Cost And Reliability. The Success Of The Project Will Depend On Whether Its Scale And Infrastructure Can Deliver The Low-Cost Edge The Company Is Building Toward.