9,915.62 TRY BIST 100 BIST 100
32.51 USD USD USD
4.51 CNY CNY CNY
34.89 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
44.70 TRY Interest Interest
89.50 USD Fossil Oil Fossil Oil
27.20 USD Silver Silver
4.58 USD Copper Copper
119.16 USD Iron Ore Iron Ore
386.00 USD Ship Dismantling Ship Dismantling
2,438.11 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

Committee formed to revive Pakistan Steel Mills

Saturday, April 27, 2024

Vişne Madencilik launches IPO process

Wednesday, April 24, 2024

Performance of Korean steel giants decreased in the first quarter

Saturday, April 27, 2024

Israel acts to limit scrap metal exports amid supply shortage

Wednesday, April 24, 2024

China's steel surplus problem faces global boycotts

Saturday, April 27, 2024
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