News in Numbers

White Energy Company acquired a 51% majority interest in the Specimen Hill Project in Queensland. This acquisition is part of a farm-in agreement with Signature Gold.

Rio Tinto raised A$147bn ($9bn) through a US investment-grade bond sale to fund its acquisition of Arcadium Lithium. The bond offering was met with strong demand, with investors placing peak orders exceeding A$81bn.

EQ Resources secured five long-term offtake agreements, covering 24 months, for tungsten production from its operations in Australia and Spain, valued at A$197m ($124m).

Artemis Resources and GreenTech Metals agreed to establish a joint venture, Andover Lithium, which will develop the largest lithium exploration tenement package in the Karratha area, spanning over 420km².

London Stock Exchange Group data indicates a 27% decrease in mining sector M&A value to $15bn in the first quarter of this year compared with the same period in 2024.