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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.

$179m Desert Gold Mine Rebuild At Norseman Pantoro Is Pushing Ahead With One Of Western Australia’S Biggest Gold Revivals, Investing $179 Million To Restart The Historic Norseman Gold Project In The State’S Remote Desert. A Major Rebuild In The Wa Outback The Company Has Overhauled The Entire Operation, Installing A New 1.2-Million-Tonne-Per-Year Processing Plant, Reopening Underground Mines And Bringing Open Pits Back Into Production. These Upgrades Mark The Most Significant Work At Norseman Since The Operation Was Placed On Care And Maintenance Nearly A Decade Ago. Nearly One Million Ounces In Reserve Pantoro Says The Project Now Holds Around 949,000 Ounces In Ore Reserves, With Strong Growth Potential. Less Than One-Third Of The Known Mineralised Areas Have Been Drilled For Conversion So Far, Leaving A Large Portion Of The Field Still Untapped. A Historic Goldfield Set For A Comeback Norseman Has Produced More Than Six Million Ounces Since The 1930s, Making It One Of Australia’S Most Storied Gold Camps. With New Infrastructure, Modern Equipment And Ongoing Drilling, Pantoro Is Aiming To Return The Site To Significant, Long-Term Production. Could This Be Norseman’S Next Big Chapter? With The Rebuild Now Largely Complete And New Ore Sources Coming Online, Pantoro Is Positioning Norseman For A Major Comeback In Western Australia’S Goldfields. The Next Phase Of Exploration And Development Will Determine Just How Big The Revival Could Become.

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?

$2.3b Copper Mine Green-Lit In Outback Queensland A Huge New Copper Mine Is Set To Be Developed In Outback Queensland, With Harmony Gold Approving The $2.3 Billion Eva Copper Project. Located North Of Cloncurry, The Mine Is Positioned To Become One Of The State’S Most Important New Resource Developments. Long Mine Life And Steady Production The Eva Copper Project Is Expected To Produce Copper For At Least 15 Years, Delivering Steady Output To Help Support Queensland’S Growing Demand For Critical Minerals. It Will Also Strengthen The Region’S Supply Chain As Older Operations Wind Down. Up To 1,400 Jobs For The North West Construction And Operations Are Forecast To Create Up To 1,400 Jobs, Providing A Major Boost For Local Workers And Communities Across The North West Minerals Province. The Project Is Expected To Play A Key Role In Supporting The Region’S Long-Term Economic Stability. Backed By Queensland’S Investment Push The Queensland Government Has Backed The Project As Part Of Its Broader Investment Drive To Attract Major Resources Developments. Officials Say The New Mine Will Help Position The State As A Leader In Critical Minerals And Support The Transition To A Cleaner Energy Future. One Of Queensland’S Biggest New Copper Mines Once Operational, Eva Copper Is Set To Become One Of Queensland’S Largest New Copper Mines. With Strong Government Support And Rising Global Demand For Copper, The Project Is Expected To Anchor The Next Chapter Of Growth For The North West.

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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.