Major project status awarded to job-creating Alice Springs mine
In another sign of private investor confidence in the Northern Territory’s economic recovery, global mining company Thor Mining will establish an open pit mine near Alice Springs.
Thor Mining is proposing to develop the Molyhil Mine, 220km north east of Alice Springs.
Major project status has been awarded to the mine, which will produce tungsten. It is commonly used for heavy metal alloys such as steel and used for drilling, the automotive industry and in aerospace.
To read the full media release, go to the Northern Territory Government Newsroom.