Kathleen Valley expansion on track as Liontown banks record profit

Can the mining industry meet rising copper demand?  Low levels of investment in forward-looking copper projects could drive major shortages and pricing volatility in the face of unprecedented demand, according to Wood Mackenzie.  Global copper demand is expected to rise by 8.2mtpa to 42.7mtpa by 2035, a 24% surge, according to a new Horizons report from Wood Mackenzie, High-wire act: is soaring copper demand an obstacle to future growth?  Growth will be driven by traditional economic development alongside new structural demand from electrification and digitalisation. While this growth trajectory seems certain, Wood Mackenzie warns that four powerful disruptors could amplify...

Aluminum demand expected to rise 80% by 2050  Alcoa (ASX: AAI) has highlighted how the energy transition is driving global aluminum demand in a new white paper published with Eurasia Group.  The paper, Competitiveness and Green Transition in the Aluminum Industry: Finding Synergies or Facing Trade-Offs, examines the intersection of economic competitiveness and the global green energy transition and highlights rising aluminum demand across technologies, such as solar panels and wind turbines, and the transmission projects that support them.   The paper also highlights...

Rio appoints new chief executive Rio Tinto (ASX: RIO) has appointed Simon Trott as the company’s chief executive effective from August 25 2025. The appointment follows the resignation of the company’s current chief executive Jakob Stausholm earlier this year. Currently Rio Tinto iron ore chief executive, Mr Trott has a track record of exceptional delivery over 25 years in various roles across a wide range of commodities and geographics. Through his current role with the company, Mr Trott has improved operational performance (underpinned by safety and financial discipline), reset partnerships with key...