iron ore

Mineral Resources has begun 2022 by raking in spodumene concentrate prices almost 70 per cent higher than the prior corresponding period.

Geoscience Australia has reported significant increases in Australia’s inventories of critical mineral resources. 

Rio Tinto and BHP have signed a letter of intent to assess the development of an iron ore Green Corridor between Australia and East Asia.

The 2021-22 Australian resources and energy export earnings forecast shows that figures will soar to a record-high of $425 billion.

Kal Tire announced it has earned a five-year contract to provide tyre management and maintenance services at the Roy Hill mine in WA.

Karara Mining has proposed to expand its namesake iron ore project in Western Australia, with a new mine life to 2050 and a production rate of 37Mtpa

A volatile iron ore price caused a few headaches for burgeoning producers in late 2021, but a first quarter recovery has allowed some to return bigger and better in 2022. 

The Pilbara Ports Authority has seen increased throughput in both Dampier and Port Hedland in February 2022, combining for 52.4 million tonnes.

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The ABS latest International Trade in Goods and Services data shows total coal exports increased 159 per cent on the same period last year.

The iron ore price has reached six-month highs at $US156 ($212) per tonne (t) after it gained 8 per cent in five consecutive days of growth, mainly due to Russia’s war on Ukraine.

Australia’s carbon-intensive iron ore industry will face awkward questions as the world’s net-zero pursuit strengthens, and the need to evolve has never been more pertinent.

The iron ore price is forecast to remain above $US100 per tonne in the mid-term, as Chinese demand increases and supply remains stable.

SRG Global has secured mining services contracts with gold miners in New South Wales, Queensland and Western Australia. 

The iron ore price has dived $US10.5 per tonne (/t), as China’s trade regulators moved to cool the recent rally to five-month highs above $150 ($AUD209).

SRG Global has been awarded a $150 million contract for the provision of mining services at SIMEC Mining’s iron ore operations in SA.

Masters in conveyor componentry and specialist maintenance, TS Global’s next challenge is working alongside Rio Tinto Iron Ore in WA.

BHP’s world first LNG-fuelled Newcastlemax bulk carrier has set sail between Western Australia and Asia.

The focus is thrown to another of Australia’s quiet achievers where collaboration is key and ‘net-zero’ is effectively a way of life. The contribution of Tasmania’s mining industry is worth far more than the layman might realise. 

The NAIF will invest $255 million to common-user infrastructure, including the Pilbara Ports Authority, to support the Perdaman Urea Project.