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The Latest Breaking News from iron ore

Iron ore miners highlight India, Asean as they look for growth after China

SINGAPORE — Australia's iron ore miners emphasised on Tuesday how growing steel demand in India and Southeast Asia would help offset the stagnating ‌market in top customer China, where they also face pressure from the state-owned buyer to lower prices and offer better terms.

Bangkok Post

World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond China

Global mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure projects are driving growth. This expansion is expected to offset slowing demand from China. Both companies are well-positioned to support India's ambitious steel production targets. The Global South, particularly India,…

The Economic Times

Vedanta Iron & Steel shares list at Rs 22 on BSE as mega demerger concludes

Vedanta Iron & Steel debuted on the BSE at Rs 22 and NSE at Rs 20 on Monday as part of Vedanta's demerger plan. The company, with operations in India and Africa, focuses on iron ore and steel production. Its market capitalization at debut was approximately Rs 7,821 crore.

The Economic Times

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Hundreds of BHP workers back strike at key iron ore hub

One of the world's biggest iron ore export sites faces disruption after hundreds of BHP workers voted in favour of striking at WA's Port Headland.

AAP

Goa iron ore dispute: Villagers clash with forest officials over transport from reserve area

A clash erupted between a group of villagers and forest department officials in Kushavati district of Goa. The incident occurred when forest officials stopped villagers from Kolamb transporting iron ore from a proposed reserve area. State Minister Subhash Phal Desai stated that the ore was being moved to create a…

The Economic Times

Vedanta group's iron ore mining, steel biz cut 2.5 MT of carbon emissions in last 5 yrs

Vedanta's iron ore and steel business has significantly cut carbon emissions. Over five years, nearly 2.5 million tonnes of emissions were reduced, avoided, or sequestered. Initiatives include electric vehicles, sustainable logistics, waste heat recovery power, and extensive tree plantation drives. These efforts align with national and global climate goals, showcasing…

The Economic Times

Mesabi Metallics Monetizes Portion of Royalty Interest for $265 Million

NASHWAUK, Minn., June 2, 2026 /PRNewswire/ -- Mesabi Metallics Company LLC (Mesabi Metallics), backed by Essar Group, has agreed to sell 50% of its royalty interest to The Metals Royalty Company Inc. (TMCR) for total consideration of $265 million, implying a valuation of more than $500 million for the royalty…

AAP

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Champion Iron Q4 Earnings Call Highlights

Champion Iron (TSE:CIA) reported higher year-over-year production in its fiscal fourth quarter, while management said winter weather, a third-party train derailment, planned shutdowns and higher fuel-related costs weighed on sales logistics and operating costs. On the company’s fourth-quarter fisca

MarketBeat

BHP admits to stalled emissions reductions as WA premier says miners have ‘moral obligation’ to decarbonise

Head of BHP’s WA iron ore operations unable to give firm timeline for replacing diesel trucks as leaked documents reveal decarbonisation delay

The Guardian - AU

World’s biggest miner BHP backtracks on climate action with key projects put on ice, leaked documents reveal

Exclusive: Cache of internal documents leaked to the Guardian and the ABC’s Four Corners show multinational has war-gamed ways to massively delay decarbonisation

The Guardian - AU

Revealed: the internal BHP memo that slammed the brakes on world’s biggest miner’s climate push

Exclusive: BHP once dubbed climate change an ‘existential’ threat. But leaked documents show it has backtracked on decarbonisation at a vast network of mines

The Guardian - AU

BHP quietly scrapped plan to build Pilbara plant that would have drastically cut emissions

Exclusive: Jimblebar processing facility would have produced higher quality iron ore sought by steelmakers around the world – themselves under pressure to curb pollution

The Guardian - AU

Himalaya Shipping Q1 Earnings Call Highlights

Himalaya Shipping (NYSE:HSHP) reported a first-quarter profit as higher charter earnings lifted revenue and operating cash flow, while management said it remains positioned for strength in the Capesize and Newcastlemax dry bulk markets. Chief Executive Officer Lars-Christian Svensen said the compan

MarketBeat

WA:Hancock mining riches battle shifts to legal bill fight

Australia's richest person survived a legal bid to claim a share of some of her prized iron ore assets; now the lawyers are fighting over the legal bills.

AAP

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AAP

Hancock mining riches battle shifts to legal bill fight

Australia's richest person survived a legal bid to claim a share of some of her prized iron ore assets; now the lawyers are fighting over the legal bills.

The Guardian - AU

WA’s Yindjibarndi traditional owners consider appeal against Fortescue’s $150m record native title payout

Yindjibarndi Ngurra Aboriginal Corporation label federal court ruling against mining giant’s Solomon Hub iron ore operation ‘unsatisfactory’

The Economic Times

India lacks adequate scrap supply, only 25% steel demand can be met through scrap-based production: Former Steel Secy

India's steel sector grapples with limited scrap for green production. Only 25 percent of steel demand is met by scrap-based manufacturing. Deteriorating iron ore quality further complicates efforts. The nation is exploring green steel through pilot projects and government missions. A Carbon Credit Trading System is expected to drive emission…

AAP

Rinehart legal saga reignites, Hancock lodges appeal

The epic legal battle between the company owned by billionaire Gina Rinehart and the heirs of iron ore pioneer Peter Wright is set for another chapter.

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The Guardian - AU

Fortescue ordered to pay Yindjibarndi traditional owners $150m in record native title payout

Federal court found miner’s Solomon Hub iron ore mine caused cultural and social harm, including the destruction of 140 heritage sites

AAP

Fuel bonus as WA posts eighth straight budget surplus

More than $1 billion in cost-of-living relief will be shared in Western Australia as the state capitalises on an iron ore uplift to bank another budget surplus.

AAP

'A joke': Fortescue founder takes on diesel tax credit

A campaign to wind back the diesel tax credit for big mining giants has been given fresh legs by Andrew Forrest, chair and founder of iron ore giant Fortescue.

The Conversation

Can Australia green its heavy industry? It’s hard – but necessary

Australia is rich in minerals, metals, sun and wind. Iron ore, copper and critical minerals are all mined here and largely exported overseas to be turned into products such as steel, fertiliser, fuel and infrastructure. Mining and heavy industries create jobs and wealth. But their emissions are some of the…

AAP

Competition puts Australia's green iron edge at risk

Australia's renewable energy and rich iron ore deposits make it a potential leader in green iron and steel but other nations may be closing the gap.

AAP

Rinehart could be ordered to give documents to rivals

Australia's richest person, Gina Rinehart, might have to open her company books for two rival mining dynasties after a bitter legal feud over iron ore riches.

AAP

'Limited visibility': iron ore miner eyes Middle East

One of Australia's biggest corporate tax payers is keeping a close eye on the Middle East conflict, on concerns it may impact the latter half of 2026.

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