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Category: Oceania

Kalgoorlie secures major project status renewal

Ardea Resources says that its Kalgoorlie Nickel Project in Western Australia has secured a crucial renewal of its major project status from the federal government for another three years, underscoring the project’s strategic importance, granting it streamlined approvals and direct access to the country’s major project facilitation agency. Located 80 km from Kalgoorlie, the project hosts what Ardea says is the world’s largest undeveloped nickel-cobalt resource, containing 854 million tonnes averaging 0.71% (6.1 million tonnes) of nickel and 0.045% (386,000 tonnes) of cobalt.

SMAC to list on Toronto stock exchange

Queensland-based SMAC (Strategic:Mi nerals:Acid:Critical) Developments says that it plans to list on the Toronto Stock Exchange in December to raise $1.3 million to fund a final feasibility study. The company is attempting to develop sulphuric acid production in northern Queensland to supply local industries. The company plans to initially build a 180,000 t/a sulphur burning acid plant at a site at Cloncurry, followed by a second phase which would involve developing a pyrite roasting plant to generate 550-600,000 t/a of sulphuric acid.

Ballance to end phosphate manufacturing at Mt Maunganui

Ballance Agri-Nutrients, the New Zealand farmer and grower co-operative, says that it has entered into consultation on a proposal to cease manufacturing of sulphuric acid and single super phosphate (SSP) at its Mount Maunganui site. The proposals envisage net job losses of 62 roles, but the intention is for the co-operative to remain onsite utilising the proximity to the port for nutrient storage and distribution, and for its national support office. Ballance would continue to manufacture phosphates at its Awarua facility in Invercargill and urea at its Kapuni facility in Taranaki. Ballance CEO Kelvin Wickham says this proposal is part of a wider process the organisation has been going through over the past year to get ahead of changes in the sector and identify future opportunities to support New Zealand farmers and growers. “In the coming years, we expect to see an increased range of products and services that more efficiently and effectively deliver essential nutrients for farmers and growers, which will result in reduced overall demand for single super phosphate from historical peak volumes,” he said. “The number of existing facilities currently making this product in New Zealand means there is an overcapacity of supply. Our current facilities at Mount Maunganui also require substantial investment to keep them operating reliably and will face increasing regulatory constraints to be able to operate heavy manufacturing into the future.”

Ammaroo phosphate project secures key mineral leases

Verdant Minerals says it has been granted two key productive mineral leases for its Ammaroo Phosphate Project by the Northern Territory government. The company says that this significant milestone advances one of the world's largest undeveloped phosphate resources, located about 220km southeast of Tennant Creek. Acting Chief Minister and Minister for Mining and Energy, Gerard Maley, stated, “This is a significant milestone in progressing a world-class resource project that will support jobs, drive investment, and strengthen the NT’s position as a leader in resource development.”