M Megaport Limited

Megaport Upgrades Ebitda Guidance For Fy23 And Provides Insights Into Fy24 Projections

Minres Expands Onslow Iron With $3.5b Build Ken’S Bore Mine Near Onslow Was Once Empty Red Desert. Today, It Sits At The Centre Of One Of Australia’S Largest New Iron-Ore Developments, As Mineral Resources Continues To Scale Up Its Onslow Iron Project In Western Australia. New Mines, Port And Haul Road Minres Is Expanding The Onslow Iron Hub With New Mining Areas, A Deep-Water Port And A 150-Kilometre Auto-Haul Road Designed For Autonomous Road Trains. The Infrastructure Forms Part Of A $3.5 Billion Investment Aimed At Building A Large, Long-Life Iron-Ore Operation With Efficient Logistics. Focus On Cost And Scale The Project Has Been Designed With Cost Control In Mind. Minres Has Previously Sold A Stake In The Haul Road Infrastructure To Reduce Capital Requirements While Keeping Access To The Critical Transport Corridor. Competing In A Changing Market As New Iron-Ore Supply Comes Online Globally, Including From Major Projects In Africa, Minres Is Positioning Onslow Iron To Compete On Cost And Reliability. The Success Of The Project Will Depend On Whether Its Scale And Infrastructure Can Deliver The Low-Cost Edge The Company Is Building Toward.

Cloncurry’S Historic Copper Mine Fires Back Up Cloncurry, One Of Australia’S Oldest Copper Towns, Is Seeing Renewed Activity As True North Copper Restarts Operations At The Historic Great Australia Mine. The Site, Which Has Been Idle For Several Years, Is Once Again Becoming A Key Focus For Regional Development. Fresh Drilling Confirms New Mineralisation Recent Drilling Programs Have Confirmed Copper, Gold And Cobalt Still Sitting Beneath The Old Workings. These Results Underpin The Company’S Confidence In Restarting Production And Extending The Life Of The Operation. A Major Recapitalisation Brings The Mine Back Online True North Copper Completed A Significant Recapitalisation To Stabilise The Business And Rebuild Operations. This Financial Restructuring Allowed The Company To Revive The Project And Invest In The Early Stages Of Production. Copper Prices Add Strength To The Restart The Restart Comes During A Period Of Strong Copper Markets, With Rising Demand From Renewable Energy, Electrification And Global Infrastructure Spending. Higher Prices Have Helped Improve The Outlook For New And Returning Producers. Outback Revival On The Horizon? With Fresh Drilling Success, New Investment And A Strengthened Market, Cloncurry’S Copper Industry May Be Entering A New Phase. For A Town Built On More Than A Century Of Mining, The Great Australia Mine’S Return Could Signal The Start Of A Broader Outback Revival.

Vault Minerals Approves $80m Expansion At King Of The Hills Vault Minerals (Asx: Vau) Has Signed Off On An $80 Million Expansion Of Its King Of The Hills (Koth) Gold Operation Near Leonora, Aiming To Lift Processing Capacity And Unlock More Of The District’S Long-Life Potential. New Crusher And Mill Upgrades: The Project Centres On A New Primary Crusher, New Tanks In The Cip Circuit, And Upgrades Across The Wet Plant. A Fresh Crushing Circuit Will Be Built 110 Metres West Of The Existing One To Avoid Interrupting Current Production. These Changes Are Designed To Reduce Bottlenecks And Support A Lift To 6 Million Tonnes Per Annum. Tapping A Massive Stockpile: Vault Is Currently Mill-Constrained, With A 7.3-Million-Tonne Stockpile Beside The Plant Holding More Than 108,000 Ounces Of Gold. The Expansion Allows Faster Processing Of This Ore And Better Use Of The Company’S Multiple Feed Sources. Strong Reserve Base: King Of The Hills And Nearby Operations Host: 2.24moz Ore Reserves 6.02moz Mineral Resources This Underpins A Base Case 10-Year Mine Life And Supports Future Growth Across The Leonora Region. Construction Timeline: Work Is Expected To Begin In April 2025, With Commissioning Targeted For Q4 Fy26. Gr Engineering Services Completed The Design And Cost Study For The Expansion. Positioning For Leonora’S Next Gold Wave: With Higher Capacity, Major Infrastructure Already In Place, And Renewed Underground Exploration, Vault Minerals Sees Koth As A Key Driver For The Next Phase Of Growth In The Leonora Gold District. Cover Image: Data Sio, Noaa, U.S. Navy, Nga, Gebco. Image Landsat / Copernicus. Processing Plant Image: © Vault Minerals.

Why Spend Over $400m Building This Wa Rare-Earth Mine? Around 1,000 Kilometres North Of Perth, The Yangibana Rare-Earths Project Is Aiming To Become One Of Australia’S Key Suppliers Of Neodymium And Praseodymium (Ndpr) — Metals Used In Electric-Vehicle Motors, Wind Turbines And Defence Technology. The Site Sits In The Gascoyne Region, Far From Major Towns But Close To Some Of The Country’S Best Rare-Earth Geology. Backed By Hastings And Wyloo The Project Is Being Advanced By Hastings Technology Metals, With Major Backing From Andrew Forrest’S Wyloo. Together They Are Working On A $470 Million Development Plan To Build The Mine And Processing Facilities Needed To Produce High-Grade Concentrate. A Us Supply Chain In The Making Yangibana Is Designed To Export Around 37,000 Tonnes Of Rare-Earth Concentrate Per Year. A Key Part Of The Strategy Is Feeding New Downstream Processing Capacity In The United States, As Global Manufacturers Look To Secure Non-Chinese Sources Of Critical Minerals For Clean-Energy Technologies. Funding Remains The Final Hurdle While Early Works Have Already Begun And Government Agencies Have Provided Loan Support, The Project Still Needs To Secure Its Remaining Capital Before Full Construction Can Move Ahead. That Leaves A Central Question For Investors And Policymakers Alike: Is Yangibana Finally Close To Becoming A Reality?

Why $50 Million Is Being Spent Restarting A Wa Zircon Mine Image Resources Has Invested More Than $50 Million To Bring Its Atlas Mineral Sands Project Back Into Full Production, Around 180 Kilometres North Of Perth In Western Australia. The Atlas Project Replaces The Company’S Earlier Boonanarring Operation And Began Production In 2025, Reaching Full Capacity Shortly After Commissioning. What The Atlas Project Produces The Mine Produces Heavy Mineral Concentrate (Hmc), A Mix Of Minerals That Includes Zircon, Ilmenite And Rutile. Zircon Is The Key Revenue Driver, Historically Accounting For The Majority Of Value Generated At Image Resources’ Operations. Zircon Is Used In Ceramics, Foundry Casting, Refractory Materials And A Range Of Industrial And High-Temperature Applications. Why The Economics Stack Up Atlas Was Developed Using Existing Infrastructure From The Boonanarring Mine, Keeping Capital Costs Relatively Low. The Project Also Has A Short Mine Life, Meaning Capital Recovery Is Targeted Over A Shorter Timeframe Rather Than Across Decades. With Global Zircon Supply Tightening And Few New Mines Coming Online, The Restart Is Positioned As A Near-Term Cashflow Operation Rather Than A Long-Dated Expansion. Is Zircon Back On The Radar? Zircon Has Received Less Attention Than Lithium Or Rare Earths In Recent Years, But Steady Demand And Constrained Supply Are Pushing Prices And Margins Into Focus Again. For Image Resources, The Atlas Restart Is A Measured Bet: Limited Capital, Defined Mine Life And Exposure To A Mineral Quietly Regaining Strategic Importance. Whether Zircon Continues To Justify New Investment Will Depend On Market Conditions — But For Now, The Numbers Appear To Make Sense.