Tag: iron ore
SA Iron Road inks deal with Chinese investment consortium
South Australian junior miner Iron Road has inked Memorandums of Understanding (MoUs) with five Chinese steel companies, including with Shandong Iron & Steel Group...
Rio Tinto mines record volumes of iron ore in Australia
Rio Tinto extracted record volumes of iron ore in Australia in 2014, adding to the global oversupply of the commodity which pushed prices to...
BHP Billiton aiming to overtake arch-rival Rio Tinto in the iron ore contest
BHP Billiton is planning to develop a $20 billion outer-harbour project at Port Hedland and expand production beyond its current annual run rate target...
New regulation in the Fair Work Act could prevent damaging strikes
A new regulation in the Fair Work Act has given the WA Government and Port Hedland’s iron ore miners a powerful legal instrument to...
McAleese, set to double iron ore haulage at Mt Webber mine
McAleese Limited, the Melbourne-based bulk haulage and specialised lifting company servicing the Australian mining and resources sector, yesterday announced that McAleese Resources Pty Ltd,...
Rio Tinto awards $9.9 million construction contract to Brierty Limited
Construction and mining services company Brierty Limited and joint venture partner Karlayura Construction Services Pty announced last Thursday that Rio Tinto has awarded them...
BHP Billiton achieves record production at ten operations
BHP Billiton has released its operational review for the nine months ended March 31st, 2014, which showed that the company has managed to maintain...
Roy Hill investment to turn the fortunes of Australian economy
19 commercial banks and five export credit agencies are contributing more than $US7 billion to Hancock Prospecting’s $10 billion Roy Hill project, which is expected...
BHP Billiton forecasts steady increase in demand for iron ore in the next decade
Mining giant BHP Billiton has announced that its focus on equipment availability, utilisation and operating rate followed by capital efficient debottlenecking initiatives is delivering...
Fortescue to cut debt after posting record profit
Fortecsue Metals Group, the world’s fourth biggest iron ore producer, has more than tripled its half-year profit and is planning on reducing its large...
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