News in Numbers
A$4m
The latest round of funding allocated by the Northern Territory government under the Geophysics and Drilling Collaborations programme, supporting 41 projects from 29 companies.
530 million
The number of shares in in Northern Mining which the Chinese-linked Yuxio Fund and four associates must sell under a compulsory sales order from Australia’s Foreign Investment Review Board.
$143m
The amount Rio Tinto plans to invest in a research and development facility in Western Australia to advance its BioIron process for low-carbon ironmaking.
445,000oz
The estimated annual production capacity of soon-to-be-merged Silver Lake Resources and Red 5 for fiscal year 2024.
$1.6 bn
The amount Rio Tinto spent on diesel globally in 2023, according to its Climate Change Report.
