News in Numbers

86%

BHP’s after-tax profit fell by 86% from $6.5bn to $927m for the half year ending 31 December 2023, largely driven by the nickel price crash.

A$6bn

The Australian Government has classified nickel as a critical mineral, giving nickel miners access to a A$6bn ($3.9bn) stimulus fund.

12%

The drop of Rio Tinto’s underlying profits in 2023, according to its latest earnings announcement.

3,700

The number of jobs that could be at risk in South Africa from Anglo American’s planned restructuring of its platinum mining unit.

$1bn

The potential stake JSW Steel, India's largest steel producer, could acquire in Whitehaven Coal’s Blackwater mine in Australia if reported talks between the companies result in a deal.