CIMIC Group companies secure $500m BHP contract
A JV of CIMIC Group companies Sedgman and CPB Contractors has been awarded a contract worth A$757m ($500.58m) by BHP…
Iron ore
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Brazil rejects $25bn Mariana disaster settlement offer from Vale, BHP
Brazil's federal government and the state of Espirito Santo have reportedly turned down a $25.03bn settlement proposal from mining giants…
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Alien Metals secures 21-year mining lease for Australian iron ore project
Alien Metals has achieved a significant milestone in the development of its Hancock iron ore project in the central Pilbara…
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Iron ore price falls as Chinese steel mills cut output
Iron ore futures prices continued their fall on Monday to the lowest level in more than four months. The price…
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Rio Tinto board approves world’s biggest mining project
The board of Anglo-Australian mining giant Rio Tinto has approved what will be the world’s biggest mining project, CEO Jakob…
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BHP announces profit of $6.6bn in second half of 2023
Australian mining giant BHP has announced an underlying profit of $6.6bn (A$10.04bn) in the second half (H2) of 2023, the…
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Magnetite Mines signs MOU to make Port Pirie a green iron hub
Magnetite Mines has signed an MOU with Port Pirie Regional Council, a local government area in South Australia, to develop…
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Rio Tinto’s autonomous train derails in Western Australia
Anglo Australian mining giant Rio Tinto’s autonomous train derailed on Sunday evening 120km from Dampier port in Western Australia (WA).…
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Rio Tinto, BHP, BlueScope partner on low-carbon steelmaking
Rio Tinto and BHP, along with Australian steelmaker BlueScope, have agreed to jointly investigate the development of the nation's first…
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Vale posts big rise in iron and copper production
The world’s second-biggest iron ore supplier, Vale, saw production soar in the fourth quarter (Q4) of 2023, exceeding company estimates…
