Latest news with #GrantWilson
Yahoo
18-06-2025
- Business
- Yahoo
Sumitomo receives FIRB nod for investment in Tivan's Speewah Fluorite Project
Sumitomo has announced that its joint venture (JV) partner, Tivan, has received the Australian Government's Foreign Investment Review Board (FIRB) approval for its initial investment in the Speewah Fluorite Project through Sumitomo's subsidiary Japan Fluorite. The Speewah Fluorite Project in Western Australia's Kimberley region aims to establish a new mining and processing operation. In May 2025, Tivan disclosed binding agreements with Sumitomo and Japan Fluorite to form an incorporated JV for the Speewah Fluorite Project. Japan Fluorite may invest up to A$60.3m ($39.2m) in three tranches for a 22.5% equity interest in the JV. The initial investment of $5.3m (Y767.55m) from Japan Fluorite will secure a 7.5% equity interest and fund a feasibility study for the project. This study will focus on mining and processing operations to produce acid-grade fluorspar, which is essential for semiconductor and electric vehicle battery manufacturing. The investment was contingent upon several conditions including the FIRB approval, which has now been met. Tivan executive chairman Grant Wilson said: 'We are very pleased that FIRB Approval has been provided for our joint venture with Sumitomo Corporation. At a complex moment for the global critical minerals sector, this timely approval reflects the abiding strength of the bilateral relationship between Australia and Japan.' Additionally, Tivan is required to apply for the novation of a grant from the Australian Government's International Partnerships in Critical Minerals Programme and complete the project restructuring, which involves transferring project tenements to the JV company. With FIRB approval secured and the application for grant novation under way, Tivan is finalising the project restructuring. The formal establishment of the JV and the initial investment from Japan Fluorite Corporation are set to occur in the first half of July. In December 2024, Tivan was awarded a A$7.4m cash grant from the Australian Government to support the Speewah Fluorite Project, part of a broader effort to bolster international supply chain partnerships for critical minerals. "Sumitomo receives FIRB nod for investment in Tivan's Speewah Fluorite Project" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
ABC News
02-06-2025
- Business
- ABC News
Juukan Gorge traditional owners sign landmark agreement with Rio Tinto
Just over five years after Rio Tinto destroyed sacred sites at Juukan Gorge in WA's Pilbara region, the area's traditional owners have signed a new deal with the mining giant. The Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation and Rio Tinto announced the deal, which governs the company's iron ore operations on PKKP lands, on Monday morning. In a statement, the corporation says the deal gives traditional owners a "much greater say" about what happens on their country. It comes after years of tense relations between the PKKP people and Rio Tinto in the wake of the destruction of 47,000-year-old rock shelters. The new agreement appears to be a turning point, including commitments for both parties to work together at all stages of mining, which PKKP Aboriginal Corporation CEO Grant Wilson has described as groundbreaking and innovative. Pinikura traditional owner and corporation chair Terry Drage said it would also give Rio Tinto more certainty about where it could develop much earlier in the mine cycle. "Ultimately, this is good for us as traditional owners, and it is good for business," Mr Drage said. PKKP chief heritage officer Jordan Ralph has been outspoken about the flaws of the WA government's current heritage legislation, but said this new agreement went far beyond protections in the Aboriginal Heritage Act. "In the past, mining companies would only start engaging meaningfully with traditional owners at the end of their study process, after they have spent lots of capital and have put all their eggs in one basket by making key decisions without traditional owner involvement," Dr Ralph said. "What we've done here is remove that situation from the equation. We engage early, we give the mine planners the information they need, we remove important heritage from the mine plan, and we design the mine together." He said part of the agreement included a heritage protocol, which had strategies to protect sites through buffers, blast management and fencing. Rio Tinto said the the agreement reinforced its commitment to rehabilitate the Juukan Gorge area. "The destruction of the Juukan Gorge rock shelters on May 24, 2020 brought immeasurable pain to the PKKP and profoundly changed our company," Rio Tinto iron ore chief executive Simon Trott said. "Through the open and gracious sharing of knowledge and experiences, the PKKP have helped to shape a renewed approach to managing cultural heritage protection and mining activities."
Yahoo
24-03-2025
- Sport
- Yahoo
Underdog Brandon Bobcats win men's volleyball title for 1st time, upsetting defending champs
The Brandon University Bobcats clawed their way to the top of the U Sports food chain on Sunday evening, claiming their first-ever national title in men's volleyball. The underdog Bobcats, ranked No. 8 going into the eight-team tournament, downed the defending champion Alberta Golden Bears three sets to one (25-20, 22-25, 28-26, 25-17). And they did it on home court at the Healthy Living Centre, in front of a standing-room-only crowd that exploded in celebration when a Bears spike went wide on match point. "It's indescribable," head coach Grant Wilson said following the game. "Everything you dreamed of. It's crazy." With that, the Bobcats finished their Canada West year with an overall win-loss record of 13-12, while the No. 3-ranked Golden Bears had a sparkling 21-6. To get there, Brandon had to first get through the quarterfinals against the No. 1 seed Winnipeg Wesmen (who close out the year with a 23-4 record) and then the No. 5 Saskatchewan Huskies in the semi-final. "Super surreal feeling," said J.J. Love, who recorded 10 blocks, 40 assists and seven digs in the gold-medal game. "We've had the program going for 20 years and we've never got close, so this is really awesome." Brandon University Bobcats pose with the trophy and championship banner. (U Sports Volleyball/ The Bobcats' title comes exactly one week after the University of Manitoba Bisons women's volleyball team was crowned national champs on their home court. They defeated the Montreal Carabins 3-1 in a best-of-five final to win their eighth U Sports title, but first in 11 years.
CBC
24-03-2025
- Sport
- CBC
Underdog Brandon Bobcats win men's volleyball title for 1st time, upsetting defending champs
The Brandon University Bobcats clawed their way to the top of the U Sports food chain on Sunday evening, claiming their first-ever national title in men's volleyball. The underdog Bobcats, ranked No. 8 going into the eight-team tournament, downed the defending champion Alberta Golden Bears three sets to one (25-20, 22-25, 28-26, 25-17). And they did it on home court at the Healthy Living Centre, in front of a standing-room-only crowd that exploded in celebration when a Bears spike went wide on match point. "It's indescribable," head coach Grant Wilson said following the game. "Everything you dreamed of. It's crazy." With that, the Bobcats finished their Canada West year with an overall win-loss record of 13-12, while the No. 3-ranked Golden Bears had a sparkling 21-6. To get there, Brandon had to first get through the quarterfinals against the No. 1 seed Winnipeg Wesmen (who close out the year with a 23-4 record) and then the No. 5 Saskatchewan Huskies in the semi-final. "Super surreal feeling," said J.J. Love, who recorded 10 blocks, 40 assists and seven digs in the gold-medal game. "We've had the program going for 20 years and we've never got close, so this is really awesome." The Bobcats' title comes exactly one week after the University of Manitoba Bisons women's volleyball team was crowned national champs on their home court. They defeated the Montreal Carabins 3-1 in a best-of-five final to win their eighth U Sports title, but first in 11 years.
