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The Latest Breaking News from iron ore

Miners help dig Australian shares out of a deep hole

The ASX200 finished up 0.5 per cent as rising commodity prices helped the minerals-heavy index bounce back from a five-day losing streak.

AAP

Fortescue compo should include land and ore, court told

A court considering how much compensation traditional owners could receive from Fortescue Metals Group has been hearing evidence on how it could be calculated.

AAP

China's Iron Ore Imports Increase Amid Growing Inventories

China's increasing iron ore imports and inventories reflect growing demand and strategic stockpiling, influencing global market trends.

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Value of minerals irrelevant to compensation, says FMG

Valuers are giving evidence in a court case that will decide how much compensation Yindjibarndi people should receive for FMG mining on their land.

AAP

Energy-saving steel, wastewater hydrogen win funding

More than 20 projects investigating ways to reduce emissions from steel, iron and hydrogen production will get more funding than expected, an agency says.

AAP

FMG mine 'damaged' Yindjibarndi traditions, court hears

A long-running dispute between native title holders, the Yindjibarndi people, and Fortescue Metals Group is hearing from expert witnesses.

AAP

India Proposes National Iron Ore Exchange To Address Price Anomalies

India's proposal for a national iron ore exchange aims to address price discrepancies and enhance market efficiency.

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Mysuru rly. division breaks records in freight loading, passenger earnings

Mysuru Division of South Western Railways achieves unprecedented milestones in freight loading and passenger earnings under Shilpi Agarwal's leadership.

The Hindu

4 Industrial Stocks With Strong Market Performance

Fostered by increasing infrastructure development projects, the adoption of Industry 4.0, and rapid urbanization and industrialization, the industrial sector is poised for robust growth. Hence, top industrial stocks Rio Tinto (RIO), EMCOR Group (EME), Installed Building Products (IBP), and DLH Holdings (DLHC), with leading market performance, could be ideal buys.…

StockNews.com

Australian shares edge lower as big banks weigh

The ASX200 finished 0.2 per cent lower in its third straight day of quiet trading, with heavy losses for the Big Four retail banks.

AAP

Don’t expect a ‘big cash splash’ in this year’s budget, Jim Chalmers tells taxpayers

Treasurer says falling iron ore prices and a weaker labour market mean the large upgrades to revenue seen in the last two budgets will not be repeated

The Guardian - AU

Second surplus on track for Australia but budget will report a fall in revenue, treasurer says

Jim Chalmers says slide in iron ore prices and uptick in jobless rate mean budget will report a much smaller revenue upgrade than in recent years

The Guardian - AU

Russia-Ukraine war live: Britain ‘prepared to loan Ukraine all frozen Russian central bank assets’ – as it happened

UK prepared to loan money on basis Russia will be forced to pay reparations to Ukraine at end of war, says foreign secretary David Cameron

The Guardian - UK

China's Bearish Demand Challenges Iron Ore Price Resilience

Learn about the impact of bearish demand expectations in China on iron ore prices.

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Dynamite News

Chhattisgarh: 4 labourers killed after rock caves in Dantewada mine area following landslide

Four labourers were killed while two others sustained injuries after a portion of a rock caved in an iron ore mine area in Dantewada district, following a landslide. Read further on Dynamite news:

AAP

Iron ore strength bankrolls emission-busting Fortescue

High prices and loyal Chinese demand for Fortescue Group's iron ore has delivered a stellar profit and cash pile to bankroll ambitious emission-busting plans.

Top News

Rio Tinto Profit Decreases By 12%, Increases Cash Returns

Rio Tinto reports a profit decline but remains committed to shareholder value and iron ore investments for future growth.

AAP

Aussie aluminium next on chopping block, Rio warns

Iron ore and copper giant Rio Tinto has reported a fall in profit on lower commodity prices and warns the future of aluminium depends on the energy rollout.

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AAP

BHP issues 'call to arms' for competitive mining future

Resources giant BHP says governments need to work harder to make sure Australia is in the race as global competition heats up for iron ore and battery minerals.

Top News

China's scrap steel fails to decimate iron ore price for now

China's tidal wave of steel scrap has failed to decimate the price of iron ore, which is good news for Australia's mining companies. According to Morgan St...

AAP

'Electric melter' fires decarbonisation in global steel

Iron ore and steel leaders BHP, Rio Tinto and BlueScope are scoping locations in Australia for a pilot plant to make low-carbon steel using cleaner technology.

Livingetc

This Sherwin-Williams Shade is the Go-To Color for Moody Schemes — 'It's Far More Versatile Than You Think!'

If you thought grey has had its day, think again

Top News

Fortescue clears China's iron ore surplus as shipments rise

Fortescue is focused on clearing iron ore stockpiles in China as quarterly shipments increase. Find out how the company is managing its output.

International Business Times

In Davos, An Australian Mining Boss Presses Industries To Go Green

Andrew Forrest, a blunt Australian billionaire who made his fortune in iron ore mining, stood out among the heads of emissions-spewing industries at the meeting of global elites in Davos.

AAP

Rio Tinto ramps up iron ore, upbeat on energy minerals

Global supply chain challenges have eased and labour costs are still rising in Australia and North America but interest rates may have peaked, Rio Tinto says.

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