In response to the announcement of a national green iron investment fund and joint federal and SA investment in the transition of the Whyalla ...
This was despite an 11% drop in iron ore prices, mainly because of weaker demand from China, as its domestic property sector still faces major issues. Rio Tinto's share price dropped 1.5% on ...
At least $500 million will be open to applicants right around Australia, and accessible for both existing facilities and greenfield projects that can supercharge Australia’s world-leading iron ore ...
Our big miners are all feeling the heat as profits are slumping. So what’s next for Australia’s largest economic driver?
The US Manufacturing PMI came in at 51.6, surpassing the 51.5 consensus, yet the Services PMI contracted to 49.7, a significant miss versus 53.0 estimates—undermining broader economic optimism.
"Investment in green iron and steel will secure future demand for Australia’s iron ore as the world moves toward lower-emissions iron and steel," the Department of the Prime Minister said in a ...
will buy a stake in an Australian iron ore project for $5.3 billion, in a bet that the global steel industry will need high-quality raw materials to support its push to go green. The company will ...
Mining billionaire Robert Friedland’s latest venture, iron ore producer Ivanhoe Atlantic Inc., is seeking to raise as much as A$300 million ($190 million) from an initial public offering in ...
Investors are preparing for a new era of slumping profits and hefty dividend cuts by the world’s largest miners as iron ore markets brace for a flood of supply to trigger a collapse in prices.
The deal, marking Mitsui's largest investment ever is a result of long-term efforts to expand its production volume of iron ore, a key growth driver, CEO Kenichi Hori said. Rhodes Ridge is one of ...