Rio Tinto, China Baowu to develop Australian iron ore project for $2bn

Mining News Pro - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.

Pilbara to lead decades of Australian iron ore prosperity

Mining News Pro - Australia’s iron ore resource base is capable of sustaining production for at least six decades, according to the Minerals Council of Australia (MCA).

Australian iron ore prices rise in China

Mining News Pro - Prices for Australia’s high-grade iron ore fines have increased this week after data on China’s steel output in 2020 was revealed.

Latest Vale setback boosts Australian iron stocks

Mining News Pro - Australian iron ore stocks have responded strongly following news that Brazilian courts have again stopped Vale from operating the Brucutu mine.

Second Australian iron-ore train derailed in less than a week

Mining News Pro - Australia’s iron-ore industry was hit with a second train derailment in a week when 30 empty ore wagons ran off the tracks in the southern part of Western Australia on Sunday.

Drop of Australian Iron Ore Exports in the Third Quarter of the Year

Mining News Pro - In the third quarter of the year, Australia exported 208 million and 910 thousand tons of iron ore, which fell not only from the second quarter but from the third quarter of previous year.

Australian iron ore production increases steadily

Mining News Agency -The production of Australian iron ore was expected to keep increasing steadily in recent years.

Australian iron ore exports to China continue to increase for Nov

Mining News Agency - According to trade data showed that Australian iron ore exports were about 68.73 million tons, including lump ore was about 15.96 million tons; fine ore was about 52.61 million tons.

Rio Tinto aims for "intelligent" Australian iron ore mine

Mining News Agency - Rio Tinto next year will seek board approval to develop an "intelligent" iron ore mine at a cost of $2.2 billion, fully incorporating technologies such as robotics and driverless trains and trucks on a single site, the company`s head of iron ore said on Monday.

Two women to lead Australian iron ore mining company

Mining News Agency -As soon as the new year kicks off, Fortescue Metals Group (ASX:FMG) will be led by two women.

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