Rio Tinto hails another step closer to develop Serbian lithium mine
If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs.
Completing the suite of renewals of its major mining services contracts, Industrea has signed a continuation of the whole of mine contract with Cockatoo Coal subsidiary Baralaba Coal for its Baralaba South mine in the Bowen Basin in Queensland. Industrea subsidiary Industrea Mining Services expects revenue of approximately A$76 million from the contract through to December 2013. Originally awarded the contract in July 2009, following variations, the contracted works include the provision of drill and blast works together with construction of the recently completed 1:1000 flood levee wall extension. (more…)