Tag Archives: Iron ore

Rio Tinto has called for Expressions of Interest (EOI) from Western Australian manufacturers to build 100 rail cars for its Pilbara iron ore mining operations.

Despite recent iron ore price falls eroding near term upside for iron ore miners, some brokers remain buoyant on the medium-term outlook

The slide in the iron ore price is expected to have weighed on Australia's trade position in October and will see a further narrowing from the record

Austin Engineering has delivered its 1000th truck body to Rio Tinto Iron Ore in WA, with the arrival of the high-performance ULITMA truck body.

Hancock Prospecting-owned Atlas Iron is the latest player to reap the benefits of a buoyant iron ore market, posting a $938 million profit for the end of the financial year.

Mineral Resources has cut its iron ore production guidance from its Yilgarn operations while also flagging a shift to high-grade magnetite production.

Mining magnate Gina Rinehart has struck a deal to buy into an iron ore project in WA's northern Goldfields, further expanding her iron ore empire which includes the Roy Hill mine in the Pilbara.

The price of 62 per cent Australian iron ore fines has dropped below $US90 per tonne for the first time since May 2020, marking a new low for the iron ore industry.

Export revenue has become increasingly concentrated on iron ore but the state has still benefitted, while moves to net zero now dominate thinking. Click through for the list of WA's biggest exporters.

Iron ore has plummeted thanks to a slowdown in Chinese steel production, taking Fortescue Metals with it. Could green hydrogen be the mining giant's future?