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Iron ore

Another Fortescue executive leaves, lasting just five months as Andrew Forrest consolidates business

by Anas Siddiqui
Another Fortescue executive leaves, lasting just five months as Andrew Forrest consolidates business

The chief financial officer of Fortescue’s energy division is latest executive to exit the Andrew Forrest-chaired miner. Deborah Caudle was CFO of Fortescue’s energy division since September, before departing this …

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Rio Tinto sees Beijing’s stimulus driving iron ore demand as China receives Australia’s largest copper order in 4 years

by Walter Watson
Rio Tinto sees Beijing’s stimulus driving iron ore demand as China receives Australia’s largest copper order in 4 years

Rio Tinto Group, the world’s top iron ore exporter, sees increased stimulus measures in China driving the broader economy into a gradual recovery this year. China’s economy started to show …

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Mark Creasy-backed CZR Resources set to surge as it sells stake in Robe Mesa iron ore project for $102m

by Anas Siddiqui
Mark Creasy-backed CZR Resources set to surge as it sells stake in Robe Mesa iron ore project for 2m

Shares in Mark Creasy’s CZR Resources are poised to rocket after it shook hands with an iron ore-hungry Chinese businessman to sell an 85 per cent stake in its flagship …

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Iron ore advances after President Xi Jinping’s pledge to strengthen China economy

by Anas Siddiqui
Iron ore advances after President Xi Jinping’s pledge to strengthen China economy

Iron ore rose to a fresh 18-month high after Chinese President Xi Jinping pledged to strengthen the economy and job creation in the world’s biggest steel-making nation. The material rose …

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Ambitious billionaires, inflation & prospects of a nickel bust among the 7 things to shape WA business in 2024

by Anas Siddiqui
Ambitious billionaires, inflation & prospects of a nickel bust among the 7 things to shape WA business in 2024

As we head into a brand new year, some of the factors set to dominate business in WA are a carry-through of 2023. But still others could dramatically shift how …

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Vale, BHP talks with Brazil on Samarco’s mine disaster deal delayed

by Anas Siddiqui
Vale, BHP talks with Brazil on Samarco’s mine disaster deal delayed

Talks over a multibillion-dollar settlement for a 2015 mining disaster at an iron ore venture of Vale and BHP have been suspended by a Brazilian court until early 2024 after …

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Can China diversify iron ore imports from Australia, Brazil as mining giant Rio Tinto affirms 2025 Africa production?

by Ron Morgan
Can China diversify iron ore imports from Australia, Brazil as mining giant Rio Tinto affirms 2025 Africa production?

Rio has interests in two blocks within Simandou, the world’s biggest untapped source of high-grade iron ore, alongside partners, Chinalco-led Chinese consortium Chalco Iron Ore Holdings, and the Guinean government. …

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Gina Rinehart’s Hancock Prospecting keeps profit above $5b despite weaker iron ore prices

by Anas Siddiqui
Gina Rinehart’s Hancock Prospecting keeps profit above b despite weaker iron ore prices

Gina Rinehart’s Hancock Prospecting has delivered another mammoth profit as Australia’s richest person continues to diversify her interests beyond Hancock’s well-oiled iron ore cash machine. Hancock delivered revenue of $13.2 …

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The world’s iron ore powerhouse is preparing to reinvent itself

by Anas Siddiqui
The world’s iron ore powerhouse is preparing to reinvent itself

Vast heaps of crushed brown rock hem the Indian Ocean at the Parker Point port in the Pilbara — each a stockpile of 200,000 tonnes of iron ore, ready to …

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Strike action ballot at Citic Pacific’s Sino Iron adds to industrial relations woes in WA’s iron ore sector

by Anas Siddiqui
Strike action ballot at Citic Pacific’s Sino Iron adds to industrial relations woes in WA’s iron ore sector

The Fair Work Commission has handed down an order which could set the stage for the first protected industrial action in WA’s iron ore sector for nearly 15 years. The …

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