MLG Oz has begun searching for a new crushing and screening client, after its contract at Fortescue’s Christmas Creek mine in Western Australia looked set for completion five months ahead of schedule.
Iron ore prices reached $US208.67 ($268.72) per tonne on Tuesday after reports flagged a potential easing of production cuts at Chinese steel mills.
Pilbara Ports Authority (PPA) has increased tonnage charges by 25 per cent at the Port of Port Hedland in Western Australia as part of the 2021-2022 state budget.
Fortescue Metals Group has revised its cost estimate for the Iron Bridge joint venture (JV) in Western Australia with up to an additional $1 billion needed to complete the build.
Fortescue has celebrated the 10-year anniversary of its billion opportunities program by committing to a $1 billion target for Aboriginal business contracts by 2030.
An analyst has described last week as the most volatile in history for the iron ore price as it dropped almost $US29/tonne only to then regain more than $US18/tonne to maintain its bright outlook.
Iron ore prices have hit another record mark, surpassing $US200 ($259) per tonne to outdo last month’s historic high.
Anglo American chairman Stuart Chambers has flagged that mining companies have raised their environmental, social and governance (ESG) expectations.
Fortescue Metals Group has contracted Pacific Energy to build Western Australia’s largest network integrated battery energy storage system (BESS).
Former Australian Prime Minister Kevin Rudd has singled out BHP, Rio Tinto and Fortescue Metals Group for a proposed super profits tax payment.
Australia’s Prime Minister Scott Morrison is determined to push the country towards a net zero economy by 2050 without sacrificing “traditional industries in regional Australia”.
Fortescue Metals Group has shipped more than 1.5 billion tonnes of iron ore from its Pilbara operations since 2003, less than three years after boating its billionth tonne from Port Hedland.
John Holland has laid the final piece of a 143-kilometre heavy haul rail track for Fortescue Metals Group’s Eliwana mine and rail project in Western Australia.
Fortescue Metals Group has invested $25 million to create around 200 new traineeship positions in the company.
Iron ore prices for Australian fines imports to China have recovered to US$160.1 ($210) per dry metric tonne after falling to a six-week low earlier in the week.
Mineral Resources (MinRes) has produced first iron ore at the Wonmunna mine in the Pilbara region, Western Australia, as it works towards ramping up to its approved run rate by the June quarter 2021.
Fortescue Metals Group is set to develop a green hydrogen plant in Brazil as part of a company plan to remove diesel reliance from mining equipment.
Fortescue Metals Group has awarded SIMPEC with a $2.1 million contract for jaw crusher replacement works at the Cloudbreak iron ore mine in Western Australia.
Fortescue Metals Group is redeploying contractors from the Iron Bridge magnetite project in Western Australia to other sites after completing a review of its operational strategy.
SIMPEC has won an electrical, instrumentation and communication contract at Fortescue Metals Group’s Solomon Hub iron ore operations in Western Australia’s Pilbara region.