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CMOC and Sumitomo have received final approval for a $72 million expansion project at Northparkes Mines in Parkes, Australia, to increase throughput capacity from 6.4 to 7.6 million tonnes per annum.
China Molybdenum Company (CMOC) and Sumitomo have given final approval for the development of a new block cave mine at their Northparkes Mines joint venture in New South Wales, Australia, with an investment of over $200 million over three and a half years. Construction starts January 2019, full production expected mid-2022.
| Site | Largest | Latest |
|---|---|---|
| Parkes, Australia | $72.0M | 2019-04-15 |
| New South Wales, Australia | $200.0M | 2019-01-08 |