February 19, 2025

Rio Tinto recommends London shareholders vote against dual-listing review

Activist investor Palliser Capital and more than 100 other shareholders last year sought a resolution over a review of Rio Tinto's dual-listed model.

February 19, 2025

Fortescue rethinks timeframes for green energy projects, shares drop as profit dips

The company's attributable net profit after tax was $1.55 billion for the six months ended December 31.

February 19, 2025

Mineral Resources sees worst day in 16 years on production woes, higher costs

The company's shares fell as much as 22.1% to A$23.75, the lowest since late July 2020.

February 19, 2025

Aboriginal group seeks $1.1 billion from Western Australia in iron ore claim

The Yindjibarndi Ngurra Aboriginal Corporation says activity at Fortescue's Solomon mining hub has damaged its land and people.

February 19, 2025

Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low

The world's largest iron ore producer reported underlying earnings of $10.87 billion for 2024, compared with $11.76 billion a year ago.

February 19, 2025

Column: Green steel needs incentives to work and Japan has a plan

Decarbonizing steel production is one of the major challenges of the energy transition.

February 19, 2025

Mitsui to buy $5.3 billion stake in Rio Tinto iron ore project

Iron ore from Rhodes Ridge will be blended into ore sold by Rio Tinto and exported to Asian countries, including Japan.

February 19, 2025

Fortescue swoops on Red Hawk, secures 90% stake

Fortescue has started compulsory acquisition proceedings for the remaining shares of Red Hawk, which owns the Blacksmith project in WA.

February 18, 2025

BHP raises $3 billion through US bond issue

BHP said it will use the proceeds for general corporate purposes.

February 18, 2025

Billionaire Friedland’s iron ore miner seeks up to $190 million in Australia IPO

Proceeds will be used to fund the development of the Kon Kweni project in Guinea.