MinRes' Mt Marion Gets $490 Million Boost

MinRes bets $490m on lithium rebound with WA mine expansion

Chris Ellison’s miner and its Chinese joint-venture partner Ganfeng spent $300 million to prop up the mine last year when prices were low.

$490m spend to take MinRes underground at Mt Marion

Chris Ellison’s Mineral Resources is heading underground at the Mt Marion lithium mine in the Goldfields as part of a $490 million expansion it says will deliver customers a higher-grade product.

MinRes announces FID on Mt Marion lithium expansion in WA

Mineral Resources (MinRes) has confirmed a final investment decision (FID) to expand operations at its Mt Marion lithium project in Western Australia, jointly owned with Jiangxi Ganfeng Lithium.The post MinRes announces FID on Mt Marion lithium expansion in WA appeared first on Mining Technology.

MinRes, Jiangxi Ganfeng to invest $351m in Mt Marion lithium project

Australia's Mineral Resources (MinRes) said on Tuesday it has reached a final investment decision, alongside its joint venture partner Jiangxi Ganfeng Lithium, to invest about A$490-million ($351.38-million) in developing the Mt Marion lithium operation in Western Australia. The investment marks a significant step in expanding the project, which is expected to boost lithium supply amid growing global demand driven by the electric vehicle and bat…

MinRes, Ganfeng invest $490m in Mt Marion underground lithium expansion

Mineral Resources and its JV partner are investing $490 million in an underground expansion of its Mt Marion lithium mine, a move it expects will pay off in less than a year.

MinRes to expand Mt Marion operation with $490M - Trailer Magazine

Image: Mineral Resources.Mineral Resources (MinRes) has announced it will significantly expand its Mt Marion lithium operation in partnership with Jiangxi Ganfeng Lithium Co Ltd (Ganfeng). The expansion – including the construction of a new flotation plant and the development of underground mining – represents a total capital investment of $490 million, to be deployed across financial year 2027 (FY2027) and financial year 2028 (FY2028). The inve…