Author: Chloe Coutinho

Fortescue says it is making tangible progress towards transitioning its diesel mining fleet to a zero-emission fleet through equipment partnerships signed with Liebherr and MacLean.

Fortescue: record Q1 shipments in strong start to FY25

Fortescue: record Q1 shipments in strong start to FY25 Fortescue’s (ASX: FMG) iron ore shipments were 4% higher in Q1 FY25 compared to the same period last year, despite higher C1 cost driven by inflationary pressures and a higher strip ratio. The Iron Bridge operation in WA, Fortescue’s first foray into the high-grade segment of the iron ore market, was a key player in this success, contributing 1.6mt to the 47.7mt total for iron ore shipments. Fortescue Metals chief executive Dino Otranto says Fortescue’s strong start to FY25, with record first...

Newmont says it expects to receive at least $2b in gross divestiture proceeds from high-quality, non-core asset sales, in addition to the $527m dollars in cash already received from other investment sales since the beginning of 2024.

Newmont divestment program packs a punch in Q3

Newmont divestment program packs a punch in Q3 Newmont (ASX: NEM) is revving up for a strong finish to CY24, capitalising off its divestment program and a roaring gold market in Q3. In Q3 CY24, Newmont announced the sale of its Akyem operation in the Republic of Ghana and its Telfer operation in WA, two landmark agreements in the company’s continuing program to divest its non-core assets as it shifts focus to its Tier 1 assets. Newmont president and...

This is Minister King’s third visit to Japan.

King campaigns for critical minerals connections in Japan

King campaigns for critical minerals connections in Japan Federal Resources Minister Madeleine King is visiting Japan this week in a move to promote resources and energy trade, investment and advance a Future Made in Australia. Further opportunities to partner with Japan on critical minerals projects will be a priority during the visit. Minister King will hold talks with executives from some of Japan’s largest companies and will deliver a keynote address in Nagoya to a major Joint Business Conference, which brings together Japanese and Australian business leaders. Minister King comments on the visit. “Japan is one of Australia’s most trusted and valued trading partners and Australia is rock solid...

Green Iron SA says the establishment of a new green iron export industry in Australia will help meet the steel decarbonising needs of our key trading partners.

South Australia to spearhead green iron revolution

South Australia to spearhead green iron revolution Green Iron SA — a consortium comprised of Magnetite Mines (ASX: MGT), Aurizon Holdings (ASX: AZJ), Flinders Port Holdings and GHD — has been launched to kick-start green iron production and export capability in South Australia. By harnessing the vast untapped potential of the Braemar iron region, Green Iron SA aims to position the state as a global leader in the low-carbon steel supply chain. Magnetite Mines managing director Tim Dobson says the time has arrived for South Australia to take advantage...

Baosteel is a wholly owned subsidiary of the BaoWu Group. BaoWu Group is the world’s largest steel producer and one of the lead proponents of the Simandou iron ore project, the largest un-developed high-grade iron ore deposit in the world.

Arrow, Baosteel MoU unlocks Simandou multi-user railway

Arrow, Baosteel MoU unlocks Simandou multi-user railway Arrow Minerals (ASX: AMD) has signed a non-binding MoU with Baosteel to deliver Arrow’s iron ore to steel mill customers. The framework includes provision for all key commercial elements including iron ore pricing, freight, ore haulage, ore handling, ship loading and government royalties related to Arrow’s Simandou North iron project in Guinea. Arrow managing director David Flanagan says this is an important milestone for Arrow, the Simandou North iron...

Attracting innovation for rare earths

Attracting innovation for rare earths

Attracting innovation for rare earths Midstream processing in Australia In the third instalment of the Australian Mining Review’s critical minerals series, we speak with CSIRO senior principal research scientist Chris Vernon, ANSTO principal consultant Karin Soldenhoff and Australian Critical Minerals R&D Hub manager Lucy O’Connor for a deep dive into emerging mid-stream processing pathways for rare earths (RE) needed to achieve net zero emissions by 2050. Rare earths are a critical input for electric vehicle (EV) and wind turbine supply chains, playing a foundational role in the global energy transition. As demand for renewable technology increases domestically and globally, the RE market is also expanding, with the previously overlooked materials becoming increasingly attractive. By investing in domestic mid-stream processing capabilities...

This year’s report recognises the next generation of MinRes’ workforce — apprentices and trainees — shining a light on the new skills and fresh thinking that will support the company’s continued growth.

MinRes delivers much more than ore for FY24

MinRes delivers much more than ore for FY24 Mineral Resources (MinRes) (ASX: MIN) reports one of the best development years in its history, headlined by the launch of Onslow iron in the Pilbara region of WA. The company has released its 2024 Annual Reporting Suite, including its annual and sustainability report, highlighting the company’s achievements and performance over the past financial year. In addition to the delivery of first ore on ship from Onslow iron in May 2024, MinRes made major moves in WA...

(Image source: BHP, picture by Luke Marsden) BHP says the agreement sets a new path forward in the relationship between BMA and the Barada Barna people, providing intergenerational benefit to the Traditional Owners of the land where BMA operates.

Groundbreaking agreement between BMA and Barada Barna people

Groundbreaking agreement between BMA and Barada Barna people BHP Mitsubishi Alliance (BMA) has entered into a native title project agreement with the Barada Barna Aboriginal Corporation (BBAC) for the company’s Bowen Basin, Queensland, operations, including the Broadmeadow, Caval Ridge, Goonyella Riverside Peak Downs and Saraji mines. This is the second native title project agreement BBAC and BHP have negotiated together in Queensland and a first between BMA and BBAC. Under the agreement, BMA will provide financial benefits...

Construction at Atlas officially commenced mid-August 2024, following receipt of final construction approvals.

Image accelerates Atlas mineral sands project

Image accelerates Atlas mineral sands project Image Resources (ASX: IMA) is accelerating construction of its Atlas mineral sands project in WA following receipt of final permitting milestones. This represents the finalisation of Image’s Ground Water Operating Strategy (“GOS”) and the receipt of 5C water licenses for water abstraction and mine dewatering at Atlas. Project construction and full-scale operations including achievement of first HMC production in Q1 2025 can now advance. Initial roadwork and civil construction were facilitated by a temporary 5C water abstraction license. Now civil and infrastructure construction and mine development will accelerate rapidly, clearing the path for...

Alcoa says the acquisition of Alumina strengthens its position as one of the world’s largest bauxite and alumina producers and is expected to result in long-term value creation from greater financial and operational flexibility.

Major acquisition drives strong results for Alcoa

Major acquisition drives strong results for Alcoa Alcoa Corporation (ASX: AAI) reported results for the Q3 CY24 that reflect the acquisition of Alumina and resulting increases in net income, adjusted net income and Adjusted EBITDA. Net income increased to $134m (US$90m), while adjusted net income increased sequentially to $201m (US$135m). Adjusted EBITDA increased to $680m (US$455m). Alumina production decreased 4% to 2.44mmt primarily due to the full curtailment of the Kwinana, WA, refinery completed in June 2024. In the Aluminium segment, production...

The Perkins is a leading WA medical research centre conducting innovative research to tackle some of the world’s biggest health issues. Its world-class teams accelerate delivery of life-saving medical breakthroughs aimed at improving the health of all Western Australians.

Team MinRes rides 200km for cancer research

Team MinRes rides 200km for cancer research Mineral Resources (MinRes) was proud to once again support the annual Cancer 200 Ride for the Perkins, helping to raise much needed funds for the Harry Perkins Institute of Medical Research. Almost 2,000 riders took part in this year's two-day event — including 87 MinRes riders — completing the 200km round trip from Perth to Mandurah and back on October 12 and 13. The community-focused Cancer 200...