The price of iron ore will plummet by a third within a year, according to last night’s Federal Budget.

Independence Group’s confidence in its ability to produce high-value nickel sulphate from its Nova mine is growing. 

David Flanagan’s Mozambique graphite hopeful Battery Minerals is seeking $4 million as it prepares to kick off its $56 million Montepuez project.

Fortescue Metals Group has approved the US$2.6 billion ($3.7 billion) second stage development of its Iron Bridge magnetite joint venture project in the Pilbara.

BHP has revealed the impact of Cyclone Veronica on its Pilbara operations just a day after Rio Tinto laid bare the extent of damage and effect on production the storm had wreaked.

Hastings Technology Metals is raising $24.5 million for its $427 million Yangibana rare earth project to supply specialised magnets for electric vehicles.

Rio Tinto says recent outages at its Cape Lambert port facility will cost it about 14 million tonnes in lost shipping output from its Pilbara iron ore operations this year.

Two Australian mining investors want locals to look to nearby and untapped East Timor for their next venture.

Coal-fired power stations led by the ageing Muja facility will start to be wound down by as early as 2025 as renewable energy grabs a greater share of the electricity market, according to Regional Development Minister Alannah MacTiernan.

US chemicals giant Albemarle is committed to operating a lithium hydroxide plant in the South West for 30 to 50 years, according to its lithium boss David Klanecky.

Pilbara Minerals is set to follow some of its peers by selling down up to 49 per cent of its Pilgangoora lithium project south of Port Hedland, with analysts speculating it could fetch more than $1 billion for the stake.