The Rixon news feed is a great way to catch-up on what has been happening around WA. We regularly update our feed with a collection of market and property related articles from a variety of news sources.
PREMIER Mark McGowan has this message for West Australians: buy a house now because the good times are coming back.
Exactly one year after The Sunday Times heralded early signs of life for WA’s stagnant economy, the results are in — and they are conclusive.
Data released on Friday showed the State’s domestic economy expanded 1.1 per cent in 2017-18, a remarkable turnaround after plummeting 7.1 per cent in 2016-17 and four consecutive years of decline.
The lithium train shows no sign of slowing in WA as the state's newest mine officially opens, with plans already in motion to expand the Pilbara operation.
The first shipment from Pilbara Minerals’ Pilgangoora lithium-tantalum project left the mine on October 2 but was officially opened by WA Mines and Petroleum Minister Bill Johnston on Friday.
Located 120 kilometres south of Port Hedland, the mine will produce 330,000 tonnes of lithium a year and about 300,000 pounds of tantalum.
The Pilgangoora project’s workforce peaked at more than 800 during construction, but now there are about 200 operational staff on-site and in Perth.
Fortescue Metals Group chief executive Elizabeth Gaines has confirmed the miner will begin producing its new higher-grade West Pilbara Fines iron ore product from next month.
Speaking at the company’s annual meeting yesterday, Ms Gaines said the new 60 per cent iron product would comprise a blend of ore from Fortescue’s Firetail mine and newly developed areas to the west of its Cloudbreak mine in the Pilbara.
Fortescue expects to begin exporting the product at a rate of between 10 million tonnes a year and 20mtpa, ramping up to 40mtpa as its new Eliwana mine comes online at the end of 2020.
It’s been 12 months since rumours began swirling over Rio Tinto’s (ASX: RIO)alleged copper discovery in Western Australia’s Pilbara, with recent satellite images revealing a hub of activity at the site and sparking a land grab in the area.
Images have surfaced of a camp set up in the region’s Paterson Province, along with drill rigs and other equipment and infrastructure including a helicopter landing pad.
