2 29metals Limited

Who Is Peter Albert, Outgoing Managing Director Of 29 Metals?

29metals Limited Reports Q2 Results, Progress In Production Restart, And Good Outlook

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.

Davyhurst Gold Mine Ramps Up After Turnaround The Davyhurst Gold Mine In Western Australia Was Once Seen As A Challenged Operation. After A Period Of Underperformance, The Mine Has Now Returned To Growth Following A Major Operational Reset. Operations Back On Track Ora Banda Mining Cleaned Up Its Mining And Processing Operations, Improving Reliability And Lifting Gold Output. These Changes Helped Stabilise Production And Improve Overall Performance At The Site. Strong Financial Results In 2025, The Company Sold More Than $400 Million Worth Of Gold, Delivering $186 Million In Profit. The Result Reflects Higher Production Levels And Improved Operating Efficiency. Growth Ahead With Production Expected To More Than Double By Next Year, Davyhurst Is Entering A New Phase. The Focus Has Shifted From Fixing Problems To Scaling Production, Raising Questions About How Large The Operation Could Become.

Cloncurry’S Historic Copper Mine Fires Back Up Cloncurry, One Of Australia’S Oldest Copper Towns, Is Seeing Renewed Activity As True North Copper Restarts Operations At The Historic Great Australia Mine. The Site, Which Has Been Idle For Several Years, Is Once Again Becoming A Key Focus For Regional Development. Fresh Drilling Confirms New Mineralisation Recent Drilling Programs Have Confirmed Copper, Gold And Cobalt Still Sitting Beneath The Old Workings. These Results Underpin The Company’S Confidence In Restarting Production And Extending The Life Of The Operation. A Major Recapitalisation Brings The Mine Back Online True North Copper Completed A Significant Recapitalisation To Stabilise The Business And Rebuild Operations. This Financial Restructuring Allowed The Company To Revive The Project And Invest In The Early Stages Of Production. Copper Prices Add Strength To The Restart The Restart Comes During A Period Of Strong Copper Markets, With Rising Demand From Renewable Energy, Electrification And Global Infrastructure Spending. Higher Prices Have Helped Improve The Outlook For New And Returning Producers. Outback Revival On The Horizon? With Fresh Drilling Success, New Investment And A Strengthened Market, Cloncurry’S Copper Industry May Be Entering A New Phase. For A Town Built On More Than A Century Of Mining, The Great Australia Mine’S Return Could Signal The Start Of A Broader Outback Revival.

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?