Perth (WA), Australia – On May 31, 2018, Conico Limited advised that the contracts have been awarded for the Pre-Feasibility Study for the Mt. Thirsty Cobalt Nickel Oxide Project. The project is a 50/50 Joint Venture with partner Barra Resources Limited.
Stockholm, Sweden – Sandvik will invest about SEK 200 million (approx. USD 25 million) in a new plant for manufacturing of titanium and nickel fine metal powders within the business area Sandvik Materials Technology. The investment will complement the existing powder offering and strengthen Sandvik’s position in the rapidly growing markets for metal powder and metal additive manufacturing.