Australian Government announces $1bn fund for low-emission iron and steel
The government will invest up to $500m (A$783.62m) to support the transformation of the Whyalla steelworks.
24 February 2025
24 February 2025
The government will invest up to $500m (A$783.62m) to support the transformation of the Whyalla steelworks.
The company expects to produce 220,000–250,000oz of gold annually by late 2026.
Russia plans to end lithium and rare metal imports by 2030.
The deal supports the development of the La Estrella coal project in the Santander region of Colombia.
The investment will fund a 250tpa demonstration facility, likely near to VSPC's Brisbane site.
The deal follows S2’s recent earn-in agreements for three other Valkea projects in Victoria.
Norinco proposed increasing the Congo's stake in the Mutoshi and Etoile mines from 5% to 15% at no cost, pending talks.
Mine planning software remains an investment priority for mine operators, while developers are looking to leverage the latest tech to address pressing issues such as ESG and skills challenges.
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