9,097.15 TL BIST 100 BIST 100
31.35 $ USD USD
€34.05 EUR EUR
45.26 TL Interest Interest
83.55 $ Fossil Oil Fossil Oil
23.12 $ Silver Silver
3.85 $ Copper Copper
113.89 $ Iron Ore Iron Ore
392.00 $ Ship Dismantling Ship Dismantling
2,100.60 TL 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.


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

Suez Steel company cuts rebar prices, boosting construction sector prospects

Saturday, March 2, 2024

Global steel sheet markets remain flat; Türkiye's spot market recorded a decrease

Wednesday, February 28, 2024

US steel imports up by 21.7% m-o-m in January 2024

Thursday, February 29, 2024

Vietnam's steel exports and imports increased

Friday, March 1, 2024

Hot rolled coil prices drop in Vietnam

Friday, March 1, 2024
Follow List
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