Australia

Altech Raises A$2.8 Million In Stock Purchase Plan

Altech Raises A$2.8 Million In Stock Purchase Plan

Australian innovator Altech Chemicals Ltd. announced yesterday that the stock purchase plan that ended last week received applications from current shareholders to purchase A$2.8 million in new stocks. Altech said the stock purchase plan sold individual shares for A$0.0975 each through Friday...

Events

FYI Resources Nears Completion Of Feasibility Study Of High-Purity Alumina Plant

Australian resource firm FYI Resources Ltd. is nearing completion of a definitive feasibility study regarding construction of a high-purity alumina plant intended to capitalize upon increasing demand for the substance by manufacturers of lithium-ion batteries. FYI Resources has previously announced plans for the construction of a A$238-million HPA plant that will utilize the firm’s kaolin […]

ABx Designing Mine Lease Application For Binjour Bauxite Project

Australian Bauxite Limited (ABx) updated investors on the progress of operations at its Binjour Bauxite Project yesterday, noting that positive bulk sampling results has allowed the firm to begin designing the lease on the area. Per the firm, bulk sampling at the mine in Queensland earlier this year has defined the best Mining Lease Application […]

Kiwi Aluminium Extruder McKechnie Completes NZ$18 Million Equipment Upgrade

New Zealand aluminium extrusion firm McKechnie Aluminium Solutions Limited announced last week the completion of a NZ$18 million investment in new machinery at its plant in Taranaki that it hopes will help it “leapfrog” into the future of aluminium manufacturing. The investment, which took the company three years to complete and several months to commission, […]

Archer Continues Testing At Twin Kaolin Sites In South Australia

Australian mineral exploration firm Archer Exploration Limited updated investors regarding a pair of ongoing kaolin exploration projects in South Australia on Monday. Archer has begun drilling at the Franklyn Halloysite-Kaolin Project, which is 130 miles north of Adelaide. The firm is drilling in order to confirm the extent and quality of the kaolin mineralization as […]