The Latest Breaking News from iron ore

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 · May 28

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 · May 27

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 · May 25

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 · May 19

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 Guardian - AU · May 14

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…

The Economic Times · May 13

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.

AAP · May 13

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

The Guardian - AU · May 12

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 · May 6

'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.

AAP · May 6