Mining

Flemington lies approximately 70 kilometres southwest of Dubbo in central New South Wales. The scandium mineralisation is associated with a shallow lateritic profile developed over ultramafic rocks, with nickel and cobalt also occurring in the geological system. Australian Mines Limited (ASX:AUZ) describes the location …

• An earlier project plan described an eight-week continuous pilot run using material from metallurgical drilling.

• Quarterly ore sales grew 56% from the preceding period, according to the reported September update figures.

• Its planning study outlined a processing plant capable of handling 1.2 million tonnes of material annually.

• The planned Jimmagunya processing plant targets nearly two million tonnes of annual output from 2029 onwards.

• The company also lodged a United States critical minerals delegation presentation earlier during the same month.

• An October announcement had also highlighted thick high-grade lithium intersections at the Blackbeard prospect recently.