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.