11 July 2025
11 July 2025
MP Materials' second domestic magnet manufacturing facility will begin commissioning in 2028.
In this issue: driving safety, efficiency and sustainability in drill and blast; Australia's copper potential; BHP transitions copper transport from road to rail; and more.
The deal will transfer Daytona’s gross 35,000 acres of the Smackover lithium brine project in Arkansas to EnergyX.
This extension allows PT Wahana Baratama Mining to access additional coal reserves.
Final binding offtake agreements are anticipated to coincide with the completion of a comprehensive $700m debt financing package.
The company aims to achieve full underground mining at the project by September 2026.
The company will acquire 100% of the issued share capital of Tamarillo Investment, which holds the Gaobis uranium project.
The expansion includes the acquisition of the Cheela and Silent Sisters tenements and the pegging of the New Morning prospect.
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