WA Liberal leader Libby Mettam has defended the state’s resources industry, after federal opposition treasury spokesperson Angus Taylor lashed critical minerals production tax subsidies.
Andrew Forrest has led a chorus of industry support for new policies subsidising critical minerals and hydrogen projects, but the measures have failed to garner bipartisan backing.
The Federal Government has unveiled a $22.7 billion price tag for its Future Made in Australia initiative, including a production tax incentive for critical minerals – starting in 2027.
West Perth-based explorer Meteoric Resources has announced that the mineral resource estimate for its flagship Caldeira project in Brazil has increased by 150 per cent.
Shares in Horizon Minerals rose to their highest price since May last year on Monday afternoon, following news that the company had signed a toll milling agreement with FRM Investments.
Hastings Technology Metals has undergone a restructuring to manage costs, announcing its chief executive Paul Brown will leave the company at the end of this month.
Gold miner St Barbara has the potential to produce an average of 230,000 ounces of gold per annum from the 2028 financial year, following the release of its Simberi expansion concept study.
GR Engineering Services has won a $71 million contract for work on delivering and commissioning of Liontown Resource's paste plant facility at its Kathleen Valley project.
The state government has made an upward revision to its long-term iron ore price forecast, as lower-than-forecast critical mineral royalties highlight the volatility challenges facing the economy.
Shares in West Perth-based Caprice Resources rose by 50 per cent on Thursday afternoon, following news that the company plans to acquire a 90 per cent stake in the Bantam project, located in the West Arunta region of Western Australia.
Victoria Park-based explorer Raiden Resources has entered into an option agreement with Mallina Corporation, as it plans to divest its Pilbara-based Arrow gold project.
