Rio Tinto to invest $2bn in Indian iron ore project

The JV experienced a build in lithium hydroxide inventory at Kwinana over recent months.

China's steel consumption in 2024 and 2025 is forecast at 863 million metric tons and 850 million tons, respectively.

The group said it will consider the base metals business demerger at a later stage.

Global gold production will peak at about 3,250 tonnes (105 million oz.) next year, according to CRU's Oliver Blagden.