Monadelphous secures contracts in WA from Rio Tinto, South32, Iluka
The company secured two one-year extensions from Rio Tinto for fixed plant maintenance services.
16 October 2024
16 October 2024
The company secured two one-year extensions from Rio Tinto for fixed plant maintenance services.
This financial initiative aims to enhance the company's financial flexibility and support its business activities.
The lithium property spans 31,347 hectares (ha) and consists of 606 mining claims.
The agreement stipulates that West will issue an aggregate of seven million common shares to ESN and its affiliates.
The company noted that the project showed promising results with uranium mineralisation identified along an east-west trend.
The proposed drilling project includes four diamond drill-holes, with each hole ranging from 600m to 800m deep.
Industry collaborations indicate a promising shift towards a more sustainable blasting method in mining operations, moving away from traditional explosives such as ammonium nitrate (AN).
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