News in Numbers

$1.2bn

Alcoa has closed its sale of a 25.1% ownership interest in the Ma’aden joint venture. Alcoa received 86 million Ma’aden shares valued at $1.2bn, and $150m in cash from the Saudi Arabian Mining Company.

204MW

Wärtsilä is to supply a 204MW power plant solution for the Reko Diq copper-gold project in Pakistan. The plant will feature 12 Wärtsilä 50 engines and auxiliaries, with deliveries beginning in late 2026.

312

Guinea, the world’s second-largest bauxite producer, dispatched 312 vessels carrying a record 48.6 million tonnes (mt) of bauxite in Q1 2025, up 39% year-on-year.

500,000 tpa

Liontown Resources has officially opened Kathleen Valley, Australia’s first underground lithium mine, initially projected to produce 500,000 tonnes per annum (tpa) of spodumene concentrate.

$24.6m

Epiroc has secured an $24.6m order for a fleet of underground mine trucks and a suite of digital solutions from Sociedad Punta del Cobre in Chile.