Gina Rinehart’s Hancock Prospecting has delivered another mammoth profit as Australia’s richest person continues to diversify her interests beyond Hancock’s well-oiled iron ore cash machine.

Indian steel precision tube manufacturer Tube Investments of India Limited (TIIL) has firmed up plans to set up a greenfield production facility entailing an investment of $25.42 million, the company said in a statement on Tuesday,October 31.

$2B investment boost for critical minerals industry

$2 Billion Boost to Australia’s Critical Minerals ‘Arms’ Race

Speech to the International Mining and Resources Conference, Sydney

Finished Import Market Share YTD at 22%.

In the week ending on October 28, 2023, US domestic raw steel production was 1,707,000 net tons while the capability utilization rate was 74.3 percent.

Botswana announces discovery of manganese deposits