News in Numbers

Brazil is providing $815m (5.01bn reais) in financing to support strategic mineral projects. The initiative is led by the Brazilian Development Bank, BNDES, and government funding agency Finep.

Teck’s 2025 forecast for zinc concentrate production is 525,000-575,00 tonnes (t), down from 615,900t in 2024. Production is expected to fall, primarily due to declining grades at the Red Dog mine in Alaska.

The amount Alta Resource Technologies, a specialist in advanced biochemistry in mineral separation, has garnered as part of its oversubscribed seed funding round.

The latest measured and indicated resource estimate for the Thacker Pass lithium project in Nevada, US, stands at 44.5 million tonnes of lithium carbonate equivalent.

Boliden’s updated mineral resources and reserves estimate for its Kevitsa mine in Sodankylä, northern Finland, foresees an extension of mine life to ten years.