By Barry Fitzgerald.
Magnetite Mines technical director Mark Eames explains why the Razorback project is a standout prospect in Australia’s iron ore sector.
BHP feels impact of border closures
BHP’s iron ore production for the September 2021 quarter has declined by six per cent due to planned maintenance and ongoing labour shortages caused by COVID-19-related border closures in Australia.
Rio Tinto cuts iron ore shipments target
Rio Tinto has reduced its guidance for iron ore shipments from Western Australia after contending with labour shortages and development delays during the September quarter.
Magnetite Mines hires Hatch to advance Razorback
Magnetite Mines has contracted Hatch to complete the process plant section of its definitive feasibility study (DFS) for the Razorback iron ore project in South Australia.
Fortescue resumes Solomon Hub operations
Fortescue Metals Group has commenced a progressive restart of its Solomon Hub iron ore operations in Western Australia following a worker incident.
Fortescue suspends Solomon Hub after major incident
Fortescue Metals Group has halted operations at the Solomon Hub iron ore operation in Western Australia following an incident involving an employee.
Decarbonisation expected to disrupt iron ore industry
Iron ore supply chains are expected to bear the brunt of the industry’s transition to decarbonisation and will require costly investments to stay relevant, a Fitch Solutions report has revealed.
Iron ore slips below $US100/tonne
The price of iron ore futures has dropped below US$100 ($137.60) a tonne on the Singapore Exchange as shipments from Port Hedland in Western Australia also continue to decline.
Iron ore decline hits Port Hedland
Port Hedland’s exports have dropped to six-month lows in August amid weakening iron ore prices and simmering demand from China.
China tensions impact Australian mining supply and demand
KPMG has identified structural shifts between major mineral producing nations as a major risk for Australia’s resources sector.