|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Oil, Mining & Energy (Click here for more)

Two Australian Mining Projects Awarded Major Status by Government

CANBERRA – Australia’s government is supporting more mining projects in resource-rich Western Australia state as it seeks to accelerate production of metals used in advanced technologies and counter sluggish economic growth.

Two mines in the arid Pilbara region have been granted Major Project Status, which recognizes the strategic significance of a project to Australia, Industry Minister Karen Andrews said on Friday.

Granting projects major status helps to fast track their clearances and approvals.

The Australian Vanadium Project owned by Australian Vanadium Ltd. will develop an open pit mine and plant to process vanadium – a metal on the United States critical minerals list and currently in high demand globally – into specialty steel alloys for use in energy storing batteries.

The US has been urging Australia to accelerate rare-earth production and dig up more minerals used in advanced technologies to reduce reliance on Chinese imports.

Andrews said the Beyondie Project owned by Kalium Lakes Ltd. will also establish Australia’s first commercial supply of premium fertilizer Sulphate of Potash, helping to offset some imports.

“These products are rare and in high demand, and these projects will generate millions for our economy, create jobs in regional areas and bring important permanent infrastructure investment,” Andrews said.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved