10,507.11 TRY BIST 100 BIST 100
36.38 USD USD USD
5.06 CNY CNY CNY
39.46 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
37.04 TRY Interest Interest
69.87 USD Fossil Oil Fossil Oil
32.42 USD Silver Silver
4.68 USD Copper Copper
100.76 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,415.17 TRY Gold (gr) Gold (gr)

Rio Tinto unleashes scrap shipment for transformative demolition project in Australia

Rio Tinto's Gove alumina refinery demolition project in Australia has resulted in the largest-ever shipment of scrap steel, with 142,000 tons recycled for local road construction.

Rio Tinto unleashes scrap shipment for transformative demolition project in Australia

Rio Tinto has initiated a colossal demolition project at the Gove alumina refinery in Australia, set to culminate in the largest scrap shipment to date. The inaugural shipment, comprising approximately 15,000 tons of scrap, is destined for export to Asia, where it will be transformed into new steel wire, rods, and beams.

Led by Liberty Industrial, the project is anticipated to be completed by the year 2027. A total of 142,000 tons of steel and 300,000 tons of concrete resulting from the demolition will be recycled for local road construction and other developmental projects. The entire endeavor is poised to contribute significantly to sustainable practices and is projected to reach its completion milestone by 2027.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Tosyali Algerie announces the start of HRC exports to Europe

Monday, March 10, 2025

LIBERTY Pipes Hartlepool begins production for new energy project

Monday, March 10, 2025

Türkiye's wire rod imports decreased 9,7% in January

Monday, March 10, 2025

JSW Steel increased crude steel production by 12% in February

Monday, March 10, 2025

Trump on the impact of tariffs on recession

Monday, March 10, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now