Rio Tinto writes off $1.7bn of aluminium refineries, citing costs of Australia’s carbon emissions reduction scheme
The company reported its lowest first-half earnings in three years and admitted it may miss its decarbonisation target for 2025.
28 July 2023
28 July 2023
The company reported its lowest first-half earnings in three years and admitted it may miss its decarbonisation target for 2025.
The 2,172.7 hectares are located adjacent to Tocvan’s Pilar gold-silver project.
The company is assessing offers made by prospective buyers for its steelmaking coal business.
Revenues dropped by 13% from $15.67bn to $18.11bn while underlying EBITDA declined by 41% year-on-year.
The project is expected to help significantly boost the US' current lithium hydroxide production capacity of 17,000 tonnes per annum.
Allied Gold will take over 100% of Elemental Altus Royalties’ wholly owned subsidiary Legend Mali III gold project.
The company will assess a 477km² RA442 licence area comprising the Wolfram Camp mine and the Bamford Hill exploration target.
The company has also secured a three-year exploration permit for its Falcon West Lithium Project.
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