The Western Australian Government has confirmed that a state agreement has been signed with Balla Balla Infrastructure Group to develop a $5.6 billion integrated iron ore project in the Pilbara region.
A new $5 billion iron ore project is on the cards for the Pilbara, set to create more than 12,000 jobs for the region.
Lithium developer Pilbara Minerals has awarded an engineering, procurement and construction (EPC) contract at the Pilgangoora project in Western Australia to RCR Tomlinson.
Rio Tinto has cited a three per cent increase in Pilbara iron ore shipments in 2016 compared to 2015.
Fortescue Metals Group has appointed one of its directors, Elizabeth Gaines, to the role of chief financial officer.
The iron ore price has jumped above $US80 once again amid a subtle start from China’s smaller mining players.
Improved commodity prices are expected to push Australia’s mining and energy export earnings to a record in 2016-17, according to the Department of Industry, Innovation and Science.
Port Hedland has set a new monthly throughput record, delivering 44.5 million tonnes in December 2016, a 17 per cent increase from the same month last year.
Fortescue Metal Group’s credit rating has been upgraded by S&P Global Ratings in a sign that the company’s productivity and efficiency initiatives are working.
Perth-based mining contractor Decmil has secured a new contract at Rio Tinto’s iron ore operations in the Pilbara region of Western Australia.
Fortescue Metals Group continues to reduce its debt with the company saying a further US$1 billion ($1.36 billion) will be repaid next week.
Experienced resources executive Cliff Lawrenson will take over as managing director and chief executive officer of Atlas Iron in February 2017.
BHP Billiton says a restart to production at the Samarco iron ore joint venture with Vale in Brazil is possible next year, but only if several hurdles are overcome first.
Rio Tinto has rejected claims that it has used drones to monitor employees at company work camps.
Iron ore has continued to have a stellar week, settling at $US81.90 a tonne overnight, according to the Steel Index.
Australia’s mining industry faced its highest effective tax rate in almost a decade in 2014-15, according to new research.
Iron ore prices have been tumultuous this week; soaring past $80 then slumping, before rising once more.
Vale, with joint venture partner BHP Billiton, expects to reveal when the Samarco iron ore mine in Brazil will restart in December.
The iron ore price has topped $US80 a tonne for the first time in more than two years.
As the Samarco joint venture considers reopening the mine, BHP Billiton has cleared US$181 million in funding for remediation work at the site.