Iron ore
Updated
Energy
‘Holy grail for Western Australia’: New world-leading green steelmaking location announced
The West Australian government has announced the location that will be turning Pilbara iron ore into steel, making the state finally “more than just a quarry”.
- by Emma Young
Latest
$78 billion wipeout: Activist investor makes plea to Rio Tinto
An activist investor is urging the resources giant to give up its dual listing on the London and Australian stock exchanges, saying it has destroyed massive amounts of shareholder value.
- by Simon Johanson
The iron-clad reason this investor thinks Perth house prices will fall in 2025
If iron ore prices suddenly plunge, then the WA economy and its housing market could turn on a dime with little warning, according to some experts.
- by Sarah Brookes
Updated
Mining
MinRes boss Chris Ellison to step down, fork out millions over tax scandal
The managing director will vacate his role and pay a multimillion-dollar penalty after a major probe concluded he had used company resources for personal gain.
- by Jesinta Burton
MinRes board in damage control over ‘tax evasion’ probe amid share-price spiral
The board will detail how it intends to handle an alleged tax evasion scheme involving founder Chris Ellison, as $2.4 billion is shaved off the company’s value.
- by Jesinta Burton
Opinion
World markets
Why global investors made the wrong bet on a big Chinese stimulus
Xi Jinping’s major fiscal stimulus package, which could have capitalised on the big bounce in the sharemarket, has so far failed to materialise.
- by Stephen Bartholomeusz
‘Attacking the mining golden geese’: Rinehart fires warning shot at government over ‘tape’
Australia’s richest person Gina Rinehart has used the approval of her latest iron ore project to launch another blistering tirade in her war against “government tape”, warning it could stymie investment and compromise living standards.
- by Jesinta Burton
Opinion
Inside China
Iron ore slump shows that China’s deflation risk is rising
If the iron ore price is a barometer of the health of China’s economy, then it is signalling a level of weakness that ought to galvanise China’s policymakers.
- by Stephen Bartholomeusz
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
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
Original URL: https://www.watoday.com.au/topic/iron-ore-5yr