The project will include the expansion of the existing open-pit mine to increase iron ore output to 67Mtpa.
According to government figures, Australia’s exports of hard rock lithium are expected to hit $773m (A$1bn) this year.
The Premier and Vertimill mills are expected to be delivered in January next year.
Macarthur will be assigned between three to five hydrogen storage units to be integrated into accommodation facilities.
The Loma Larga project has the potential to produce an annual average of nearly 200,000 gold ounces in its first five years.
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Copper Mountain Mining has reported revenues of $130.4m (C$162.2m) in the first quarter of this year, compared with $39.89m (C$49.6m) in the same period last year.
Australia’s New South Wales (NSW) Independent Planning Commission has conditionally granted approval to Mangoola Coal Operations to extend a coal mine in the Upper Hunter Valley.
Canadian company Fortuna Silver Mines has signed a definitive agreement to acquire all the issued and outstanding securities of West Africa-focused Roxgold in an $804m (C$1bn) deal.
JSC National Atomic Company Kazatomprom has signed an agreement to sell a 49% stake in its wholly owned Ortalyk uranium mining operation to China General Nuclear Power Corporation (CGNPC) subsidiary for $435m.
Debswana Diamond is reportedly set to construct the world’s largest underground diamond mine at Jwaneng, Botswana, with a $6bn investment.