14,061.71 TRY BIST 100 BIST 100
51.75 EUR EUR EUR
43.86 USD USD USD
6.41 CNY CNY CNY
0.12 CNY CNY/EUR CNY/EUR
36.17 TRY Interest Interest
72.11 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
124.36 USD Silver Silver
94.48 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,292.83 TRY Gold (gr) Gold (gr)
96.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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

Çemtaş announced a net loss of TL 115 million in 2025

Tuesday, February 24, 2026

Vişne Madencilik becomes a Bronze Sponsor at Steel Summit 2026

Tuesday, February 24, 2026

IEEFA: South Australia misses global green steel opportunity with gas agreement

Tuesday, February 24, 2026

EU car sales fell by 3.9 percent in January

Tuesday, February 24, 2026

Türkiye's mining sector plans to establish a mining exchange

Tuesday, February 24, 2026
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