Australian mining is supplying the rare earths and lithium that are essential for the progress of electrifying the planet.
is a leader in the move away from fossil fuels. He established Fortescue Future Industries to capitalise on and accelerate the transition to a green global economy.
“Our company has never performed better,” Forrest said. “Not on mining, not on exploration, not green hydrogen, not on green energy development ever. This is a record quarter. It’s a record half and it’s getting stronger from here.” “Lynas sold neodymium-praseodymium to China at $US83 per kilogram during the December quarter, which it deemed“Market prices started to increase again from December in anticipation of the late January Lunar New Year holidays and an expected rebound of the consumption in China,” Lynas managing director Amanda Lacaze said.The 4th quarter of 2022 saw an increase in sales revenue from $AUS164 million from the production of 1359 tonnes to AUS$233 million with production at 1508 tonnes.
Ken Brinsden, non-executive chair of Patriot, was the managing director and chief executive of Pilbara Minerals. He was impressed by Corvette’s potential: “I’m winding down at Pilbara Minerals and having a look at the Patriot geological maps … and thinking to myself, this is feeling a lot like Pilgangoora in 2015, because the geology at the Corvette discovery feels like it’s going to support another big project over time,” he told the Resources Rising Stars Summer Series in December.
Sales revenue was up 26% to AUS$2.3 billion. Realised spodumene prices are on the increase. In the 3rd quarter, Greenbushes spodumene was sold at US$3,729 per tonne, which increased to US$3,984 per tonne in the December quarter.expects the price for spodumene concentrate sold during the March 2023 quarter to be US$5,957 per tonne. Note the significant increase from 2022.
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