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.
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Fortescue’s Iron Bridge balloons to $US3.5 billion
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.
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Australian coal exports survive, adapt, overcome
Australian coal exports have continued to steadily rise in value since overcoming China’s ban on the commodity last year, data from the Australian Bureau of Statistics has revealed.
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Fe shows increased confidence in Wiluna West deposit
Fe, a junior iron ore producer, has increased its ownership of the JWD joint venture to 60 per cent, at the Wiluna West operations in Western Australia.
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Frontier Automation streamlines reclaim process
Frontier Automation’s flagship product 3DReclaim is tailor made for reclaimers for use in stockyards of iron ore, coal and other mining or bulk material handling facilities.
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China looks to control commodities for stability
In the wake of record-high copper, iron ore and steel prices, Chinese Premier Li Keqiang has made clear the country’s need to control the commodities to ensure China’s economic stability.
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Pitt praises iron ore resilience
Minister for Resources, Water and Northern Australia Keith Pitt has credited Australia’s iron ore industry for its economic support in Australia.
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Mining industry pays record tax contribution to Australia
The Minerals Council of Australia (MCA) has estimated that tax payments and royalties from the minerals sector reached $39.3 billion in 2019-20.
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Fortescue targets $1bn in Aboriginal business contracts
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.
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Volatility strikes iron ore while it’s hot
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.
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Roy Hill hires Aqura for networking infrastructure
Roy Hill has awarded Aqura Technologies a contract to deliver a private 4G mobile network at its iron ore mine in the Pilbara region of Western Australia.
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Pilbara Ports Authority retains strong iron ore exports
Western Australia’s Pilbara Ports Authority has maintained strong iron ore shipments from Port Hedland during April as prices have surged.
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Iron ore price eclipses $US230/tonne
The price of seaborne iron ore has jumped to a record $US230.56 ($294.52) per tonne, just after it surpassed the $US200 per tonne mark.
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Copper price rockets to all-time high
Copper has topped its record price after reaching $US10,361 ($13,200) per tonne on the London Metal Exchange (LME) last week.
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Australia-China trade tensions escalate
China’s National Development and Reform Commission (NDRC) has suspended economic communications with Australia, which emphasises Beijing's move away from Australian commodities.
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Iron ore price breaks $US200/tonne
Iron ore prices have hit another record mark, surpassing $US200 ($259) per tonne to outdo last month’s historic high.
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Flexibore 400 withstands more pressure than fibreglass pipe
Crusader Hose has helped keep Australia’s largest iron ore mines operating by releasing a layflat hose that boasts the highest pressure capacity in the world.
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Iron ore ascends to record high
Global iron ore prices have reached their highest prices ever, rising to $US194.50 ($250.80) per tonne on April 28.
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GWR resilient in face of cyclone impacts
GWR Group has enjoyed haulage improvements in recent weeks, with the company expecting the June quarter to be a better reflection of its performance.
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Rudd doubles down on defunct mining super profits tax
Former Australian Prime Minister Kevin Rudd has singled out BHP, Rio Tinto and Fortescue Metals Group for a proposed super profits tax payment.
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