Perenti and Sandvik Collaborate on Diesel-Electric Mining Technology

Perenti and Sandvik have entered a memorandum of understanding to innovate diesel-electric equipment for underground mining, aiming to enhance sustainability and efficiency. Meanwhile, the Tasmanian Government has awarded funding for five new mining projects through the Exploration Drilling Grant Initiative, which supports the identification of critical minerals and economic growth in the state. Liontown Resources reported a significant financial growth due to its Kathleen Valley lithium project, despite a net loss for FY24, and has also focused on safety and renewable energy initiatives. True North Copper is ramping up recruitment in preparation for the Cloncurry copper project, with plans to hire up to 100 workers by the end of 2024. Additionally, Western Australia has seen a notable increase in women's participation in the resources sector, doubling since 2021 and highlighting a commitment to diversity and inclusion within the industry. Efforts to improve workforce representation, particularly among Aboriginal and Torres Strait Islander peoples, continue as part of broader initiatives for an inclusive work culture.