Iron ore
Fortescue dividend delivers for Forrest despite modest profit jump
A month after shedding 700 workers, Fortescue has posted an annual profit of $8.4 billion supporting a $2.2 billion payout to the miner’s biggest shareholders Andrew and Nicola Forrest.
- by Peter Milne
Latest
Updated
Earnings season
Why copper – not iron ore – is where BHP’s future lies
The Australian mining giant is bracing for a slowdown in Chinese appetite for Australia’s most lucrative export, iron ore.
- by Nick Toscano
Opinion
Earnings season
BHP’s multibillion-dollar cash machine will survive any China meltdown
In a highly volatile environment, BHP has shown there is nothing wrong with being boring.
- by Stephen Bartholomeusz
China’s ‘harsh winter’ spells turbulent economic times for Australia
President Xi Jinping’s push to end reliance on property-led growth has profound implications for the steel industry and is sending out global shockwaves.
- by Lisa Visentin
Exclusive
China relations
Beijing prepares for visit by Jim Chalmers as Chinese economy enters a ‘harsh winter’
The treasurer’s visit would be the first such trip in seven years, before relations soured and Beijing placed Australia in the diplomatic deep freezer.
- by Matthew Knott
Opinion
Inside China
What Australia needs from China – more building, more babies
China’s deflating property bubble and declining birth rate are, at last, grabbing the attention of Treasurer Jim Chalmers.
- by Elizabeth Knight
$3b hole in the budget: Iron ore price drop to hit nation’s bottom line
A faster than expected drop in iron ore prices will hit the budget bottom line.
- by James Massola
Andrew Forrest isn’t giving up on his green iron Pilbara dream
Weeks ago Fortescue dumped a target to be a major producer of green hydrogen by 2030, but Andrew Forrest still insists his native Pilbara can supply the globe with green iron.
- by Peter Milne
Unions launch push for rare deal with Pilbara iron ore giant
Australia’s mining lobby has slammed industrial relations law changes that have helped unions get a toehold in the country’s largest export.
- by Peter Milne
Jobs, costs cut at MinRes’ luxury HQ as Chris Ellison takes the biscuit
There will no pay rises for senior employees this year and fewer perks for office workers ahead of a massive reduction in the miner’s remote workforce.
- by Peter Milne
Fortescue in-house lawyer issued spying orders, court documents reveal
Fortescue’s founder Andrew Forrest last month said he had no knowledge of the extensive spying conducted on ex-staff and their families, including children.
- by Anne Hyland
Original URL: https://www.smh.com.au/topic/iron-ore-5yr