News in Numbers

BHP’s projection for the annual increase in copper demand from now until 2035. The company expects copper demand to grow by 70% to reach 50mt by 2050.

The sum the Export-Import Bank of the United States has offered in debt funding to support two Australian companies — American Rare Earths and Anson — to develop critical minerals supply chains.

The number of mining projects the New Zealand Government has included in a fast-track approvals bill. The Bathurst coal mine and a project to mine the seabed off the coast of Taranaki are included.

The stake Zenith Minerals has sold in the Develin Creek copper-zinc project in Queensland. Zenith received $975,000 in cash and $687,500 in QMines shares as part of the deal.

The amount that Magnetic Resources has secured firm commitments to raise to aid commercialisation of its Lady Julie gold project near Laverton in Western Australia.