News in Numbers

Rio Tinto’s net earnings plunged 22% to $4.53bn in the first half of 2025 as the company was hit by lower commodity prices, higher capital spending and tariffs.

ASX-listed Resolution Minerals received an unsolicited A$225m offer from Snow Lake Resources for its recently acquired Horse Heaven antimony-tungsten-gold-silver project in Idaho, US.

Bowen Coking Coal has entered voluntary administration, threatening the security of some 500 jobs at the Burton mine near Moranbah and raising concern around the future of coal mining in Queensland.

Liontown Resources has launched a placement to raise A$266m at an issue price of A$0.73 per share. The move aims to strengthen the company’s balance sheet amid lower lithium prices.

Glencore has revised its full-year forecast for 2025, narrowing the expected copper production range to 850,000–890,000 tonnes (t) from the previous estimate of 850,000–910,000t.