iron ore

Fortescue Metals Group has joined with Sinosteel to investigate rail and port development at Oakajee in the Midwest region of Western Australia.

MACA has completed its $175 million purchase of Downer’s Mining West business, while the sale of the Bluff coal mine to Bowen Coking Coal was also completed.

Mining magnate Gina Rinehart’s Hancock Prospecting has filed for environmental approval for a 20 million tonne per annum (mtpa) iron ore mine on the family’s Mulga Downs station in the Pilbara.

The price of Australian seaborne 62 per cent iron ore fines has topped $US130 per tonne for the first time since October 2021, thanks to increased Chinese steel production.

The price of seaborne 62 per cent iron ore fines has reached near three-month highs, according to Mysteel, now worth $US128.35 ($177) per dry metric tonne (dmt).

Hancock has signed a development agreement to lead a bankable feasibility study on the Hardey iron ore project in the West Pilbara.

Fortescue purchases two Battery Electric Locomotives to transport iron ore to port, continuing the decarbonisation of its locomotive fleet.

Australian Mining takes a look back at the year that was with a recount of the top 5 stories in 2021.  

Rio Tinto has called for expressions of interest (EOI) to build 100 rail cars for its Pilbara iron ore mining operations.

Australia’s resources and energy exports are expected to reach a record $379 billion in 2021-22, up from $310 billion in 2020-21.

Australia’s fiscal outlook is expected to show a more than $7 billion improvement since the 2021‑22 Budget, with the nation’s resources and commodity sector playing a significant part in the revised figures.

Analysts have suggested Fortescue Metals Group’s may be better served by diversifying into more reliable commodities like base metals, rather than renewable energy.

Researchers from the SMI and UNIGE are exploring ore-sand as a sustainable source of sand, that could reduce the waste produced by mining.

Roy Hill has signed MACA to a $70 million mining services contract at its namesake iron ore operations in Western Australia’s Pilbara region.

Roy Hill has contracted Mineral Resources subsidiary CSI Mining Services to work on its iron ore operation in Western Australia, continuing the companies’ strong relationship.

Mineral Resources has partnered with Hancock Prospecting and Roy Hill to investigate the development of a new iron ore export facility in Port Hedland, Western Australia.

Dynamic Group Holdings has been awarded six short-term contracts to both its subsidiaries Dynamic Drill & Blast and Orlando Drilling.

Royalty collections from the Western Australian mining industry have helped the State Government to a $4.4 billion surplus for the three months to September 30.

Chinese steel mills have been ordered to curb production once again to reduce air pollution, in the same week iron ore prices crept back towards $US100 per tonne.

Mineral Resources managing director Chris Ellison has given a staunch presentation at an annual general meeting, outlining how MinRes would muscle its way towards low-cost, high-volume operations.