News in Numbers
2027
Target date for the opening of Australia’s first ironmaking electric smelting furnace, a pilot plant in development by a Rio Tinto, BHP and BlueScope partnership.
60%
The worldwide extraction of raw materials is expected to increase 60% by 2060 and could massively exacerbate climate change, the UN’s Global Resource Outlook report found.
A$206.5m
Value of the 50% stake Stanmore Resources purchased in the Eagle Downs project in Queensland.
445,000oz
Expected annual gold output for FY2024 of Red 5 and Silver Lake Resources after their announced merger.
A$105m
The amount New Hope is investing in accelerating the Maxwell Mine project development.
