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...It must consider Plan B, which was really just Plan A, to finance the annual production of 500,000 tonnes of spodumene beginning from mid-2024....
...The company hopes to raise A$450mn (US$285mn) to get the project into production by mid-2024....
...Azure Minerals owns 60 per cent of the Andover lithium project in Western Australia’s Pilbara region, which is still in its exploration phase and will need several years to bring into production....
...Liontown on Thursday announced a A$1.1bn debt financing and equity raising to bring its crucial Kathleen Valley lithium development into production....
...It also flagged a slow-ramp up of the project, saying it now expected production to reach 20m tonnes per annum in 2029 instead of 2027....
...Another export winner, Frog Bikes, which makes lightweight children’s bicycles, moved production from China to a new factory in South Wales in 2016, having grown rapidly in just three years....
...His company now operates under three brands: Cloth Cat, the animation unit; Bait, a special effects arm; and Thud, which does post-production....
...Last year Ms Rinehart realised an ambition to have her own iron ore mine, which started production after $11bn of investment....
...BHP has said production costs for Australian iron ore this year will be as low as $15/t, 20 per cent lower than last year....
...The bitter legal wrangle has become a distraction for the company as it prepares to move into production....
...And as steel production started to recover, shipments from Australia, the world’s largest exporter of iron ore, wobbled....
...Smaller iron ore and coal miners face a struggle for survival as many are operating at a loss due to the plunge in commodity prices, their higher costs of production and debt servicing costs....
...No one company can refrain from production: others will fill the gap and the price will still adjust. Rivals would get a “free kick”....
...Wanda’s pork announcement on Tuesday was more eye-catching journalist bait in the wake of Mr Wang’s Monday interview with Bloomberg....
...Wage strikes in South Africa’s platinum mining industry have hurt production so far this year and led to a huge losses for the sector, amidst reports that major producer Amplats is considering shutting down...
...They argue that the 55m tonnes of annual production from Roy Hill set to come online in late 2015 would contribute to a global oversupply, putting pressure on iron ore prices....
...We are confident that we can find a suitable partner to help us bring this project into production.”...
...“Consolidation of the assets . . . could generate substantial [+50m tonnes per annum] production and place Glencore firmly on the iron ore producer map.” Additional reporting by Gwen Chen in Beijing...
...It’s pure AV-bait but hey, we’ll bite....
...In a similar move to Intel, its bigger rival, TI said it was reducing production at its factories because of falling demand for its semiconductors....
...“Will a carbon tax drive up our costs, add expense that affects those who can least afford it, add costs to production with resulting loss of competitiveness and loss of employment opportunities?”...
...The opposition Liberal National Party has indicated that it would block New Hope’s plan to double production at the open-cut New Acland thermal coal mine 150km west of Brisbane, the state capital....
...The bait is Cove’s 8.5 per cent stake in an offshore drilling licence....
...The first stage of the Mbalam project is targeting annual production of 35m tonnes of high-grade ore for 10 years....
...Independent Liquor began selling its products in Australia in 1997 before establishing production facilities in Sydney and Melbourne. It also markets its products in Asia, Europe and North America....
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