A remote Aboriginal community’s long and poisonous battle with Fortescue Metals Group over its iron ore-rich Pilbara land has reached the Federal Court.
Australia’s biggest miners face the prospect of iron ore prices staying flat for longer,analysts suggest.
A curious thing has been happening in China’s vast real estate market — or rather,not happening.
The iron ore giant’s months-long stock rally appears to be over as investors turn sour on the company’s earnings growth and high exposure to slumping metal prices.
Andrew Forrest’s Fortescue has reported a boost in earnings and profits despite shipments and production of iron ore from its key Pilbara operations falling.
Lower global prices for key commodities put a $2.3 billion dent in Rio Tinto’s earnings.
Mining giant BHP has taken a big hit to its half-year profit after writing down its WA nickel operations and setting more money aside to deal with its Samarco mine disaster in Brazil.
A dig into the mining giant’s numbers tells quite a story about the significant changes it has made to how it is spending the vast volumes of cash it is generating.
Billionaire Andrew Forrest’s troubled foray into producing high-grade ore has suffered another setback.
The miner may write down the value of its WA nickel business after the price of the steel-making ingredient plunged by almost a quarter over the past 12 months.
It was another steady year for Rio Tinto’s base business of selling Australian iron ore in 2023,but many investments elsewhere remain troublesome.