AIMEX: The next generation of Australian mining

STAFF WRITER

AIMEX mining

Image: AIMEX

Australia’s longest-running mining exhibition returns to Sydney Showground from September 2–4 2025, bringing the country’s mining suppliers and professionals together under the one roof.

As the key event on the mining calendar, the Asia-Pacific’s International Mining Exhibition (AIMEX) is an internationally renowned platform showcasing the latest technology, equipment and services, pushing the envelope for what’s possible in mining innovation.

As Prime Creative Media general manager – events Siobhan Rocks attests, AIMEX 2025 is all about defining the next generation of Australian mining.

“After a successful 2023 edition, AIMEX 2025 will be bigger than ever, with opportunities to connect with some of the most important decision-makers in the Asia-Pacific region,” Rocks said.

“This is a truly international event, with exhibitors from China, India, South Korea, Japan, Singapore, Taiwan, Italy and Germany.

“It’s an ideal opportunity for Australian miners to connect with some of the most prominent industry minds from all over the world.”

AIMEX 2025 will offer a unique opportunity for leading suppliers and buyers to conduct face-to-face business, learn about the latest trends, and network in an interactive forum.

Attendees will come from all corners of the resources sector, from senior leaders to site management to engineers to maintenance personnel to digital innovators and everything in-between.

“There is something for everyone at AIMEX,” Rocks said.

“The 2025 event will feature more than 250 local and international suppliers, as well as a free-to-attend multi-stream conference with leading experts examining the most pressing issues in the mining industry.”

AIMEX 2025 will also feature an extensive Meet the Buyers platform, providing exhibitors with the opportunity to connect directly with the industry decision-makers most important to them.

“Our Meet the Buyers platform offers people the chance to schedule invaluable meetings to ensure they can get the most out of their time at AIMEX 2025,” Rocks said.

The AIMEX 2025 program will have a strong focus on women in mining, with keynote speakers and panel discussions challenging the status quo, generating new ideas and solutions for a more inclusive mining industry. The annual Women in Industry Awards will also be co-located at AIMEX 2025, celebrating the achievements of women in traditionally male-dominated fields.

At the Mining House Pavilion, attendees will be able to rub shoulders with the sector’s leading miners and understand the operational landscape of Australia’s vast resources industry.

As always, there will be lots of networking opportunities, while a Decarbonisation Showcase will highlight the latest electrification concepts and technologies helping the industry drive down carbon emissions.

Now under new ownership, AIMEX 2025 will showcase the best of the Asia-Pacific mining sector and provide attendees with the ultimate destination to source the latest insights, products and innovations.

Sales are now open for returning exhibitors to secure early bird prices, with spots assigned on a first come, first serve basis.

For more information on rebooking, or if you are a new exhibitor looking to secure your spot on the waiting list, visit aimex.com.au/exhibitors

More rare earths from Lynas Malaysia

KELSIE TIBBEN

Lynas Kalgoorlie

The Mount Weld rare earths project. Image: Lynas Rare Earths.

Lynas Rare Earths has announced its Malaysian arm will become a producer of two new separated heavy rare earths (HRE) as soon as next year.

A new process will produce separated dysprosium (Dy) and terbium (Tb) at Lynas Malaysia for the first time and will complement Lynas’ existing light rare earths product range.

Dy and Tb are both essential to high performance rare earth permanent magnets used in electric vehicles and high-tech applications such as micro-capacitors which are essential to all electronic devices.

Currently, Dy, Tb and other HRE oxides from Lynas’ Mount Weld ore body are sold as a mixed HRE compound known as SEGH.

The reconfiguration of one of Lynas Malaysia’s solvent extraction circuits will facilitate the production of Dy and Tb.

The new circuit is designed with capacity to separate up to 1500 tonnes of SEGH per year.

“Lynas’ Mount Weld deposit is remarkable for its endowment of heavy rare earth minerals as well as light rare earth minerals,” Lynas managing director and chief executive officer Amanda Lacaze said.

“This circuit reconfiguration at Lynas Malaysia provides a pathway to accelerate our commitment to processing all of the elements in the Mount Weld ore body.

“Dy and Tb are important inputs to high performance magnets and electronic devices and we are pleased to enhance our product range to meet current and prospective customers’ needs.”

As a result of the separation of Dy and Tb from the SEGH compound, Lynas’ HRE product range will increase to include Dy, Tb, unseparated samarium, europium, and gadolinium, as well as holmium concentrate and unseparated SEGH.

Lynas is also progressing pre-construction activities for its planned US rare earths processing facility.

Both Lynas Malaysia and the planned US rare earths processing facility have been designed to accept third party feedstocks as they come online.

A new global uranium power

TOM PARKER

Paladin Fission

uranium mineral isolated on black background. Highly radioactive and dangerous ore.

Paladin Energy is looking to grow its global uranium footprint through the acquisition of Canadian-focused Fission Uranium. (PDN收购优质铀矿后复盘补跌5.1%,本次配股收购稀释股东权益,在股东将要看到拉格矿有收益的时候再添新吞金兽,2029年计划投产的帕特森湖项目未来5年间预计非常烧钱,这也是股东们没有因该溢价收购就立即炒高股价的原因。)

Fission shareholders would receive 0.1076 Paladin shares for each Fission share as part of the deal, which represents an implied value of $C1.30 per Fission share and an implied equity value of $C1.14 billion.

This is a 25.8 per cent premium to Fission’s closing share price of $C1.03 on June 21.

Fission shareholders would own 24 per cent of Paladin if the transaction closes, with the enlarged Paladin holding a market capitalisation of $US2.5 billion.

The two companies hope to create a “clean energy leader” and deliver several benefits to shareholders of both companies:

  • Enhanced project development pipeline
  • Multi-asset production expected by 2029
  • Diversified presence across leading uranium mining jurisdictions of Canada, Namibia and Australia
  • Increased exposure to highly attractive long term uranium fundamentals
  • Increased scale and global profile of Paladin with TSX listing

Fission owns the Patterson Lake South (PLS) project, which proposes a high-grade uranium mine and mill in Canada’s Athabasca Basin.

Paladin is a uranium producer once again through its Langer Heinrich mine in Namibia, with which it holds a 75 per cent stake. The company also holds exploration assets in Canada and Australia.

“The acquisition of Fission, along with the successful restart of our Langer Heinrich mine, is another step in our strategy to diversify and grow into a global uranium leader across the top uranium mining jurisdictions of Canada, Namibia and Australia,” Paladin chief executive officer (CEO) Ian Purdy said.

“Fission is a natural fit for our portfolio with the shallow high-grade PLS project located in Canada’s Athabasca Basin. The addition of PLS creates a leading Canadian development hub alongside Paladin’s Michelin project, with exploration upside across all Canadian properties.”

Fission president and CEO Ross McElroy echoed Purdy’s sentiment.

“The combination of Fission and Paladin will create a world class diverse uranium producer, adding a class leading development project in a Tier 1 jurisdiction with the ability to expand production and cash flow profiles in the near term,” he said.

“The culture and assets between Fission and Paladin are very complimentary. Shareholders will have exposure to a producing asset with a long life of mine, located in a politically stable and globally significant uranium jurisdiction with a long history of uranium production.”

The Fission board recommends its shareholders to vote in favour of the transaction.

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Mass exploration greenlit in Victoria

KELSIE TIBBEN

Drilling to determine Goschen’s footprint in Victoria. Image: VHM

The Victorian Government has released a raft of exploration licences for projects relating to minerals critical to the energy transition.

The new licences have now been approved to target minerals and metals including antinomy, zircon, copper and mineral sands.

Victoria has demonstrated resources of antinomy, titanium, zirconium and rare earth elements. There are also opportunities for other key raw materials including copper, high purity alumina and silica.

“We have strong critical mineral opportunities across the state – the CSIRO assessed that the Murray Basin mineral sand deposits alone, which are mostly in Victoria, contain an in-ground value of at least $200 billion,” Resources Victoria chief executive officer Matt Vincent said.

The Earth Resources Regulator has now approved 50 new minerals exploration licences this financial year with six awarded so far in June covering ground across the state.

According to the Australian Bureau of Statistics, exploration expenditure across Victoria for the year to March 2024 was over $130 million.

In central Victoria, fresh exploration activity in the Bendigo and Nagambie areas will target gold, silver and antinomy through three new licences.

In south-west Victoria, one new mineral exploration licence near Casterton and another near Dartmoor will target mineral sands that could include titanium, zirconium and rare earth elements.

Another new licence for an area near Mortlake will target copper and zinc as well as lead and gold.

In western Victoria, a new retention licence near Maryborough will enable the assessment for zircon, gold, rutile and high purity quartz silica development.

Retention licences are the second phase of minerals development and allow explorers time to see if responsible development is feasible.

“In Victoria, we have stringent safeguards and our regulator is on hand to enforce the important provisions in place to protect the environment, community and infrastructure,” Vincent said.

Chinese Premier lands at Fortescue

KELSIE TIBBEN

Fortescue decarbonisation

Image: T. Schneider/shutterstock.com

Fortescue executive chair Andrew Forrest has welcomed Chinese Premier Li Qiang at the company’s green technology and test facility in Perth.

Qiang’s visit to the Hazelmere prototype facility gave Fortescue the opportunity to demonstrate the progress of its green iron technology.

Fortescue is aiming to work with China to establish an Australia Sino green iron supply chain, which will see equipment and technology sourced from China and Australia, and green metal and hydrogen made in Australia and supplied to the world.

Speaking at the Australia–China CEO Roundtable with Qiang and Australian Prime Minister Anthony Albanese, Forrest emphasised his plan for the future.

“A fully integrated green iron metal supply chain between Australia and China is the key to China maintaining its position as the dominant global producer of steel to the world,” Forrest said.

“Our proposed Australia Sino green iron metal supply chain will bring together mining powered by large-scale renewable power and green hydrogen to produce green iron metal.

“Our ambition is to provide 100 million tonnes of green iron metal to China each year, eliminating more than 200 million tonnes of carbon dioxide emissions.”

Fortescue Metals CEO Dino Otranto said a strengthened partnership between Australia and China is a natural progression.

“Today, China remains our key market for our iron ore business and we now look forward to building new relationships in a green focused world,” Otranto said.

“We believe that partnering with China to help send its steel industry green will be a major benefit to both economies and to bilateral relationships, shoring up Australia as China’s reliable and preferred commodity supplier.”

Astec extends MPS fixed plant distribution rights to NSW

OLIVIA THOMSON

Image: Astec Industries

Mineral Processing Solutions (MPS), an OPS Group company, will expand its distribution of Astec’s fixed plant and equipment to include aggregate and mining sectors in New South Wales.

Under the terms of the new agreement, MPS will supply fixed plant crushing and screening equipment to the NSW aggregate and quarry industry.

The move is an extension of a 2021 agreement between both two companies that saw MPS take on distribution of Astec Material Solutions’ products in Western Australia, the Northern Territory and South Australia, as well as the mining sector in Australia’s eastern states.

Astec regional managing director David Smale welcomed the move.

“Astec and MPS have forged a strong partnership over the years – one that has been of real benefit to our customers,” Smale said.

“The MPS team’s extensive local market knowledge and experience in mineral processing – supported by Astec’s innovative technologies and manufacturing capability – has made MPS the perfect partner to deliver outstanding products and service.”

MPS also distributes Astec Telestack mobile bulk materials handling equipment and Astec Breaker Technology International products throughout Australia, demonstrating the company’s strong presence on the east coast.

Local sales and service teams are in place, and new local support facilities in the NSW Hunter region have been stocked with the latest Astec crushing and screening equipment.

“MPS taking our fixed plant into the aggregate industry in NSW is the first step in what we expect to be a continuing expansion, with the company moving into the Queensland and Victorian markets over the next few years,” Smale said.

“For our existing quarrying customers, little will change. Through MPS, they will still have access to the complete range of Astec’s industry-leading crushing and screening equipment, plus the extensive knowledge and experience of the MPS sales and service teams.

“I’m delighted to be making this announcement, and (I) look forward to working alongside MPS as they continue to support our customers in building the infrastructure of Australia.”

Greenbushes bolstered by increased investment

OLIVIA THOMSON

The Greenbushes lithium mine in WA. Image: Talison Lithium.

An upsizing of the Greenbushes lithium mine’s revolving syndicated loan facility (SLF) has been approved by Windfield Holdings.

Greenbushes is known as the world’s largest hard-rock lithium mine and is located approximately 250km south of Perth in Western Australia. It recorded a profit of about $6.3 billion in 2023.

IGO and Tianqi Lithium currently share a 49 per cent stake in Greenbushes, with Albemarle owning the remaining balance. Talison Lithium, the operator of the site, is a joint venture between the three parties.

According to IGO, the mine has received strong interest from a group of leading commercial banks.

As a result, the Greenbushes SLF has increased from $US1 billion ($1.5 billion) to $US1.55 billion ($2.33 billion) with a five-year term.

The SLF upsizing will fund Greenbushes’ capital commitments, specifically the construction of a third chemical grade plant 3 and a fourth tailings storage facility.

“Given Greenbushes’ enviable position on the lithium cost curve and the significant capital investment program underway to expand production and improve productivity, IGO is supportive of Talison’s capital management initiatives and the increase to the debt facilities available to the team,” IGO managing director and chief executive officer Ivan Vella said.

“The strong appetite from leading commercial banks to support this exciting phase of Greenbushes’ transformation is indicative of the quality of the project and the strong and sustainable cash flows it will generate through the cycle.”

During the March 2024 quarter, Greenbushes saw decreased production and sales due to the management of production and inventory levels in response to the lower offtake requirements by shareholders.

Despite the lower spodumene sales and prices, IGO said Greenbushes is expected to operate at full production for the rest of 2024. 

Waters run iron at Port of Esperance

ALEXANDRA EASTWOOD

Image: dudlajzov/stock.adobe.com

The Port of Esperance in Western Australia will welcome a new iron ore exporter in a deal to boost iron ore trade by up to 1.5 million tonnes a year.

The new agreement will see Gold Valley Iron Ore be granted access to critical iron ore infrastructure at the port, including rail receival facilities, conveyors, shed space and the ship loader.

Gold Valley Iron Ore is expected to export its first shipment from the port in September this year.

“Opening up Port of Esperance infrastructure to a second exporter will see iron ore trade capacity maximised, resulting in a positive boost to the Western Australian economy,” WA Ports Minister David Michael said.

“I am pleased to see the use of the rail system for this trade, which would otherwise be trucked by road to the Port of Geraldton.

“Unlocking this groundbreaking new opportunity at the Port of Esperance is backed by continued investment in our regional ports by the WA Government.”

Gold Valley Iron Ore is the second customer to be able to access the iron ore circuit through the port, and the first from the Wiluna area.

“The Port of Esperance is a vital cog in the regional economy, so this is a huge win for the local community and the wider Goldfields-Esperance region,” Agricultural Region member of the legislative council Shelley Payne said.

“Iron ore has been a vital trade commodity through Esperance port for 30 years and it is great to see that a second iron exporter has been secured.”

Weir opens $28m Port Hedland service centre

KELSIE TIBBEN

Weir’s new world class, state-of-the-art facility in Port Hedland. Image: Weir

Global mining technology leader Weir has officially opened its new Port Hedland service centre in Western Australia.

The new facility bolsters Weir’s national network of 16 service centres and will aim to support customers and their operations across the Pilbara region.

The centre is equipped to service Weir’s broader range of products and technologies, provide engineering and maintenance support as well as critical parts storage for faster service times for customers.

Opening ceremony on World Environment Day. Image: Weir Minerals

“The new centre at Port Hedland will support our key customers in the region, providing Weir’s best-in-class service and expertise,” Weir Minerals regional managing director Kristen Walsh said at the facility’s opening.

“The Australian $28 million facility demonstrates our commitment to sustainable mining and with further investment planned, we will continue to support our ambitious growth plans in the Pilbara region of Western Australia.”

This will include Fortescue and Thiess’ Iron Bridge project, which incorporates Weir transformational flow sheets – the world’s first dry comminution circuit without tumbling mills.

Port Hedland serves as a critical hub for the mining and resources industry in Australia, driving economic growth and success for the important iron ore region.

The new service centre will work to deliver innovative engineering solutions and expertise, enhancing operational efficiencies and advancing sustainable progress across the Pilbara’s dynamic mining landscape.

With best-in-class technology and support, the centre features facilities for Enduron high-pressure grinding rolls servicing, including tyre roller assembly and Linatex rubber lining services, helping customers to extend the life of their assets.

Weir employees celebrate the opening. Image: Weir

The next stage of development, set for 2025, will see an expansion of the team and specialisation in the repair and overhaul of various Weir processing equipment including Warman pumps, Cavex hydrocyclones and Isogate valves as well as Enduron crushers and screens.

Building on trust, collaboration and integrity, Weir said it is committed to delivering innovative solutions and working together with its customers to make mining more sustainable.

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Conference program launches for IMARC 2024

ALEXANDRA EASTWOOD

IMARC will return to Sydney from October 29–31, with a packed conference program ready to wow attendees.

Image: IMARC

The International Mining and Resources Conference (IMARC) will return to Sydney from October 29–31, with a packed conference program ready to wow attendees.

The main feature of IMARC 2024 will be the exploration of how industry leaders, innovators and policymakers can help the mining sector expedite its journey to net-zero.

IMARC 2024 will look at strategies for accelerating critical minerals extraction for low-emission technologies while also ensuring the value chain reduces its carbon footprint.

The conference will also emphasis responsible mining practices to adhere to environmental, social and governance (ESG) standards.

“IMARC 2024 is about creating a roadmap for the mining industry to meet its net-zero commitments,” IMARC event director – content and partnerships Sherene Asnasyous said.

“The program will highlight how the sector can fast-track the extraction of vital minerals and integrate innovative technologies to decarbonise operations. Our goal is to provide actionable insights and strategies that industry leaders can implement to drive meaningful change.”

Attendees can look forward to hearing talks from organisations such as Newmont, Alcoa, the Minerals Council of Australia, and more.

“IMARC 2024 will serve as a pivotal platform for the global mining community to collaborate and share best practices,” Beacon Events chief operating officer Anita Richards said.

“By bringing together stakeholders from key mining jurisdictions such as Canada, Chile, Peru, and Mongolia, as well as countries involved in downstream and midstream processes like the UK, Germany, Sweden, Japan, Korea, and the US, we can collectively advance the industry’s net-zero agenda.”

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