Mineral Resources (MinRes) shares jumped nearly five per cent in a single day following the release of its half-year results, having delivered its strongest first-half result on record, underpinned by the ramp-up of Onslow Iron.
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Australia’s sharemarket has recorded a second consecutive session of gains, led by a strong performance from miners, even as most sectors finished lower.
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Australia’s iron ore industry is off to a strong start in 2026, with exports surging 19.8 per cent year-on-year in January, despite soft global demand and record-high Chinese port stockpiles according to BigMint data.
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BHP’s Western Australian Iron Ore (WAIO) operations are moving more ore than ever, unlocking millions in potential revenue with a simple engineering upgrade.
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For Rio Tinto, a Glencore deal could be less about scale and more about strategy, offering a pathway to greater copper exposure and a reset of potential corporate limitations.
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Rio Tinto is riding a wave of aluminium growth, with record bauxite production and strategic moves positioning the miner for long-term value.
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