News in Numbers
21.49%
Empire Metals have finished drilling at the Pitfiled Project, Western Australia, finding “extensive” titanium dioxide concentrations in samples, up to 21.49%.
9.3–9.8 million tons
Rio Tinto has cut production estimates from its Canadian iron ore subsidiary to 9.3–9.8 million tons, down from 10-11 million tons.
62,800m
Greatland Gold has started drilling at its Ernest Giles Project, which previously involved 62,800m-spaced vertical RC drillholes.
50%
China’s lithium price has fallen by almost half since a peak in early June, as a result of lower demand for electric vehicles.
$32 million
Australian company Brazilian Rare Earths has received $32m of underwriting from financier Canaccord.
