Australia - Latest news GMK Center

Africa will be the key driver of growth in production volumes

Funding supports up to ten separate projects under a single agreement

Procurement was prohibited during the dispute between the parties, which lasted more than a year

The investigation covered the period from July 2023 to the end of June 2024

The project will maintain the West Angelas hub's capacity at 35 million tons per year and create more than 1,500 jobs

Australia can play an important role in the decarbonization of Asia-Pacific metallurgy

Demand from China increased, while South Korea and Vietnam reduced purchases

Beijing is stepping up its efforts to decarbonize steel, and Australia will have to adapt its exports

To China 60.4 million t have been shipped during the period

The company has cut dividends to their lowest level since 2018 and warned of rising costs in the Pilbara region

Australian supplies during this period decreased by 4% year-on-year

The company increased its output in the Pilbara region by 20% q/q