News in Numbers

$6.7bn

The amount Rio Tinto will pay to acquire US-based Arcadium Lithium in an all-cash transaction. The deal, announced on 9 October, is expected to close by mid-2025.

H1 2025

The date copper production is anticipated to start from the Johnson Camp mine in south-east Arizona. Excelsior Mining has secured the final permit needed to restart operations at the mine.

4.7moz

The measured and indicated gold resources that will be held by the new entity following the merger of Canadian companies NexGold Mining and Signal Gold.

$24bn

The amount China Energy Investment, one of China’s largest miners, plans to invest in the construction of a facility to turn coal into oil products.

85%

The stake that Castillo Copper will acquire in the Harts Range niobium, uranium and heavy rare earths project in Australia as part of an earn-in arrangement with Audax Holdings.