Mine Closure for Cobalt in Australia
BHP Group announced that its Nickel West operations in Western Australia would be placed on care‑and‑maintenance status by October 2024, a move that reduces cobalt by‑product output.
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Production and trade products associated with Australia.
Aluminum
Alumina
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Market intelligence
BHP Group announced that its Nickel West operations in Western Australia would be placed on care‑and‑maintenance status by October 2024, a move that reduces cobalt by‑product output.
BHP Group announced that the Kambalda concentrator, which processed third‑party feed, would be placed on care‑and‑maintenance by June 2024, further tightening cobalt supply.
A tropical cyclone (Cyclone Megan) struck northern Australia, flooding mining pits and damaging wharf and port infrastructure, leading to the suspension of GEMCO's manganese mine operations.
Lithium reserves for Australia were revised to 56,200,000 metric tons for 2023 based on company and government reports.
Gold reserves for Australia were revised based on company and government reports, updating reserve estimates.
Australian antimony reserves were revised upward based on government and industry reports.
Cobalt reserves in Australia revised to 101,400,000 tons following updated industry reports.
Zirconium reserves for Australia revised based on government reports, potentially affecting future supply outlook.
Sichuan Tianqi Lithium announced plans to double production capacity to 48,000 t/yr of lithium concentrate at the Greenbushes mine, beginning in late 2019.
The sale of the Boral Gypsum joint venture was finalized, changing ownership of the Australian gypsum processing operation.
Talison Lithium (Sichuan Tianqi Lithium/Albemarle) announced a mine expansion at the Greenbushes mine to increase production to 165,000 t/yr of lithium concentrate.
Lithium reserves for Australia were revised upward based on new government and industry data.
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