Fraser Beattie

Neometals will hold on to its minority stake in the Mt Marion lithium mine after failing to find a buyer, and plans to spin-out its technology and titanium assets into a new company.

The South Australian government has awarded Elon Musk’s Tesla the contract to build the world's largest lithium ion battery to supply the state with renewable energy, outbidding local company Carnegie Clean Energy.

Mount Gibson Iron has torn up a second offtake agreement with a Chinese customer that had planned to buy product from its Iron Hill mine in the Mid West.

Spanish-controlled CIMIC Group has backed away from its former takeover target Macmahon Holdings, selling its 23.6 per cent stake in the Perth company for $46.8 million.

Listed company Veris, which has built a national surveying and town planning operation over recent years, has discontinued its foundation business, mine camp contractor Otoc Australia, after carving-out Otoc's communications arm into a new entity.

GR Engineering Services has finalised a $66.5 million package of work for the construction of processing facilities at Gascoyne Resources’ Dalgaranga gold project in the Murchison region.

The Conservation Council of Western Australia and members of the Tjiwarl Native Title Group have taken the fight against Cameco’s proposed Yeelirrie uranium project to the Supreme Court, after it was approved by the previous state government.

CIMIC Group subsidiary Thiess will continue operating at Fortescue Metals Group’s Solomon hub under a $650 million contract extension awarded today.

Africa-focused Cradle Resources has pulled the plug on a $55 million takeover by joint venture partner Tremont Investments, on the back of proposed changes to certain Tanzanian laws.