The Latest Breaking News from iron ore

Australia may not be the quarry Asia requires for steel

Australia needs to act quickly or lose out to faster movers on green iron and steel elsewhere, an industry decarbonisation expert warns.

AAP · Aug 1, 2024

Australia’s largest iron ore deposits are 1 billion years younger than we thought

Iron ore is the key ingredient in steel production. One of the fundamental resources for the Australian economy, it contributes A$124 billion in national income each year.

The Conversation · Jul 22, 2024

This 'Boring' Copper Miner Is Outfoxing Its Competitors

Investors underestimating the rate at which Rio Tinto is evolving. Its $15 billion investment into the giant Oyu Tolgoi copper mine in Mongolia gives Rio the potential to catch up to BHP in terms of production – it could produce close to 900,000 tons by the end of the decade,…

Barchart · Jul 3, 2024

Why Suitors Are Desperately Seeking Anglo American Stock

Producers all want to increase copper output to take advantage of rising demand in EVs, grid infrastructure and data centers - but that bullishness isn’t translating into the huge investments needed to develop new mines. Thus, the start of a bidding war for Anglo American.

Barchart · May 2, 2024

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.

AAP · May 2, 2024

BHP's $60b copper power play rejected by British rival

BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.

AAP · Apr 26, 2024

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 · Apr 18, 2024

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 · Apr 17, 2024

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.

Top News · Apr 16, 2024

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 · Apr 16, 2024