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Inventories
6 Months Ended
Jun. 30, 2023
Inventories.  
Inventories

13.Inventories

    

30 June

    

31 December

    

1 January

US$ thousand

2023

2022

2022

Current

 

  

 

  

 

  

Supplies and consumables

 

14,685

 

 

Work in progress

 

717

 

 

Finished goods

 

6,891

 

 

Total current

 

22,293

 

 

Non-current

 

  

 

  

 

  

Supplies and consumables

 

315

 

 

Total non-current

 

315

 

 

Total inventories

 

22,608

 

 

As part of the acquisition of CMPL, the Group recognised inventories of $32,893 thousand (Refer Note 25).

During the 6 months ended on 30 June 2023, the decrease in inventories amounting to $10,684 thousand (2022: $nil) was recognised in ‘cost of production’.

At 30 June 2023, all inventory is measured at cost and no inventory write-downs were recognised.

Inventories that are not expected to be utilised or sold within 12 months are classified as non-current inventory.