P Praemium Limited

Praemium Reports Full Year Net Inflows Of $1.4 Billion And Record Platform Fua Of $44.0 Billion

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.

$Lyc Lynas’ $800m Kalgoorlie Plant Hit By Blackouts Lynas’ $800 Million Rare-Earths Processing Plant In Kalgoorlie Has Been Disrupted By Repeated Power Outages. Lynas Says The Blackouts Are Tripping The Facility And Hurting Consistent Production. What The Plant Does The Kalgoorlie Site Cracks And Leaches Mt Weld Material To Produce Mixed Rare Earth Carbonate — An Important Mid-Step That Is Then Shipped To Lynas’ Downstream Processing In Malaysia. Why It’S Been Slowed Lynas Says The Issue Is Simple: Unreliable Power. The Company Has Warned That Even A One-Second Outage Can Take About An Hour To Recover, Because The Plant Needs Time To Safely Restart And Stabilise. Why It Matters This Facility Is Part Of The Broader Push To Build More Rare-Earth Processing Capacity Outside China’S Supply Chain Dominance — Moving Australia Beyond “Dig And Ship” Into Higher-Value Processing Steps. What To Watch Next The Key Milestone Is Whether Power Reliability Improves (And/Or Lynas Brings In Backup Power Options) So The Plant Can Run Consistently And Hit Output Targets.

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Greatland’S Telfer Targets New Ore Nearby Telfer Is A Gold-Copper Mine In Wa, Around 485km South-East Of Port Hedland. The Site Already Has A Mill/Processing Plant, Which Is The Key Advantage — It Can Handle Ore Without Needing A Brand-New Facility. What Changed This Week? Greatland Resources, Which Took Over Telfer In December 2024, Has Signed A New Joint Venture Called “Telfer South” With Rincon. The Goal Is Simple: Hunt For More Ore Close To The Existing Operation. What’S The Plan? Under The Deal, The Partners Plan To Spend $2 Million Over Three Years On Exploration In The Nearby Ground. If They Find A Deposit That Can Be Mined, Any Ore Could Be Trucked Back And Processed Through Telfer’S Existing Plant. Why It Matters For Miners, Finding Ore Near An Operating Plant Can Be A Big Win — It Can Potentially Extend Production And Make Better Use Of The Infrastructure That’S Already There, Rather Than Building New Processing From Scratch. Credits: Map Imagery: Google Maps/Earth. Photo Credit: Greatland Resources (Telfer).

Kwinana Refinery To Close After 60 Years The Kwinana Alumina Refinery In Western Australia Is Closing Permanently After More Than Six Decades Of Operation. The Facility Has Been A Major Part Of The Local Industrial Landscape Since The 1960s. Why It’S Closing Alcoa Says The Refinery Is Too Old, Too Expensive To Run, And No Longer Competitive To Restart. Production At The Site Was Already Curtailed In 2024, And Studies Into Restarting The Plant Found No Viable Long-Term Path Forward. Cost Of The Shutdown Closing The Refinery Will Cost Around $890 Million, With Approximately $600 Million Expected To Be Spent Over The Next Six Years. These Costs Cover Site Closure, Remediation, And Long-Term Obligations. What Happens Next While The Refinery Itself Will Shut Down, Port And Rail Operations At Kwinana Will Continue. The Site Will Be Prepared For Future Redevelopment, Marking The End Of Alumina Refining At Kwinana But Leaving The Door Open For New Uses Of The Land.