14 August 2024
14 August 2024
On 13 August, the first hydrogen-powered T 264 haul truck prototype developed by Fortescue and Liebherr successfully arrived in the Pilbara region of Western Australia.
The transaction ensures the company now holds complete control over both the mineral and surface rights of the project.
The company will now develop the Halleck Creek Project through a wholly owned subsidiary, Wyoming Rare (USA).
Through this review, Astute seeks to redirect its resources to projects with the highest potential to generate value.
The projects hold 90.24 million pounds (mlb) of triuranium octoxide (U3O8) and 4.17 million ounces (moz) of gold.
The deal enhances Franco-Nevada's portfolio with immediate gold equivalent ounces and long-term growth potential.
The drilling campaign aims to explore the HW1 Spodumene Pegmatite that was identified during the surface exploration work.
The tie-up will see the development of integrated solutions, from renewable energy generation to fully electrified mining fleets.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
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