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

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

Anglo sells Brazil assets for $500M, targets June to demerge Amplats

The nickel assets include the Barro Alto mine, Niquelândia mine and the Barro Alto and Codemin ferronickel processing plants.

February 17, 2025

BHP’s profit slump prompts dividend cut as China falters

BHP cut its interim dividend to the lowest payout for the period since 2017.

February 17, 2025

Rio Tinto tests “virtual X-ray” technology for mineral exploration

The miner tested Atomionics' quantum gravity sensor for exploration for the first time in Arizona.