Nickel Mines in Australia

Nickel mines in Australia produced 180,000 tonnes of the metal in 2019, putting the country in fifth place for production worldwide.

Nickel is the rising star of the base metals world, and is quickly gaining more prominence beyond its traditional role in industrial applications through the creation of stainless steel.

Moonlighting as a key ingredient in the electric metals world, nickel is a major component in the creation of the lithium-ion batteries used in electric vehicles and other electric applications.

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Copper Mines in Australia

Australian copper mines produced some 960,000 tonnes of the red metal in 2019 from 36 operational assets spread across the country.

As the home of the world’s second largest reserves of copper, and the sixth largest producer of the red metal behind the US, Australia has dozens of productive copper mines.

Government data from 2019 shows there were 36 operational mines that year — though since then more have come online, and plenty more projects are in the exploration and development stages.

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Comet Resources Managing Director Matthew O’Kane: Permitting and Drilling in 2021

Managing Director Matthew O’Kane joined INN to discuss Comet Resources’ exciting updates.

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Base Metals

Australian Company News

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Galaxy Resources Limited Announcement

Galaxy Resources Limited advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform : Appendix 2A The announcement can be viewed at: SOURCE Galaxy Resources Limited View original content

Galaxy Resources Limited (ASX: GXY) ( Company ) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform (ASX):

  • Appendix 2A

The announcement can be viewed at:

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Rare Earth Elements Demand is Still Growing

Rare Earth Elements are 17 silvery-white heavy metals with special magnetic capabilities. REEs have diverse applications and are commonly used in lasers, glass, superconductors, hard drives, wind turbine generators, and magnetic materials. Despite the name, REEs are abundant in the world, often found underground alongside uranium in sand structures called monazite. REEs concentrate must first be separated from the …

Rare Earth Elements are 17 silvery-white heavy metals with special magnetic capabilities. REEs have diverse applications and are commonly used in lasers, glass, superconductors, hard drives, wind turbine generators, and magnetic materials. Despite the name, REEs are abundant in the world, often found underground alongside uranium in sand structures called monazite. REEs concentrate must first be separated from the sand. Neodymium and praseodymium (NdPr) represent about 80% of the value of REE concentrate. Demand for these elements is growing because of their use in electric vehicles, wind turbines, and appliances. Adams Intelligence expects the demand for NdPr to double in the next five years. Removing REEs from monazite and then separating REEs into individual components is a complicated process. Read More >>

News Provided by Channelchek via QuoteMedia

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