The big four ASX-listed iron ore stocks collectively lost $16 billion on Thursday after the ‘Pilbara killer’ mine in Africa beat expectations.
Adrian Rauso
None of Australia's green iron projects are ready to launch and, without policy changes, the nation risks missing the opportunity to lead a global race.
Jennifer Dudley-Nicholson
Iron ore fell to a two-month low on Thursday, extending this week’s losses as rising supply and soft seasonal steel demand weighed on sentiment.
Katharine Gemmell
Surging exports from the giant ‘Pilbara killer’ iron ore mine in Guinea have spooked investors in WA’s powerhouse producers of the steel-making ingredient.
Daniel Newell and Katharine Gemmell
China’s state-backed iron ore buyer has instructed some steel mills to ask questions about Fortescue’s new low-grade product as negotiations over a long-term supply contract hit a rough patch.
Katherine Gemmell and Alfred Cang
WA will miss out on mining royalties equivalent to the annual salaries of 50 senior nurses for each day unions shut down BHP’s only Pilbara port, the State’s peak industry lobby group warns.
Exports from WA’s busiest iron ore port could soon be throttled in a spectacular escalation of a union campaign to seize the State’s most important industry.
The Big Australian is on the verge of a massive enterprise agreement at key iron ore mines, marking a historic power-shift back to militant unions in the Pilbara.
The Fortescue chief executive admits getting ‘hot under the collar’ over the CME’s defence of BHP’s decarbonisation efforts and blames the media for miners’ weaker appetite for risk.
Sean Smith
Resources Minister Madeleine King took a thinly-veiled swipe at Andrew Forrest’s efforts to champion Fortescue’s green credentials and suggested where the billionaire should instead focus his energies.
Daniel Newell and Adrian Rauso
One of Andrew Forrest’s closest allies has quit the board of his mining empire, just weeks after selling off a $5.5 million stake in the company.
Daniel Newell
Fortescue has been blasted for its continuous disregard of Aboriginal cultural heritage, with one major super fund hinting at the potential of a protest vote at the mining giant’s annual general meeting.
BHP and Rio Tinto have notched up an emissions win against Fortescue after years of being raked over the coals by Andrew Forrest’s company for supposedly not doing enough to decarbonise.
The mining giant has now shipped enough iron ore from WA’s north to make the steel needed to build about 161,000 Optus Stadiums.
Andrew Forrest’s Fortescue has raised the alarm on the Albanese government’s controversial industrial relations regime as unions attempt to gain a greater foothold in employee negotiations on its sites.
Chris Ellison has offloaded a massive slice of his stake in Mineral Resources to pocket more than $122 million and kick-start a family office.
The Yindjibarndi people have left the door open to a possible appeal of a court ruling that has ordered Andrew Forrest’s Fortescue to pay them $150.1 million in compensation.
WA miners should be ‘quietly celebrating’ court orders for Fortescue to pay the Yindjibarndi $150.1 million, compensation which Andrew Forrest wants his company to pay ‘tomorrow if given the opportunity’.
Gina Rinehart and Angela Bennett’s long-running court battle over Pilbara iron ore royalty riches may not be over quite yet.
The Yindjibarndi people have been awarded the largest-ever payout for economic and spiritual loss after more than a decade of Fortescue mining iron ore on native title land in the Pilbara.
Hannah Cross
An Aboriginal community will learn whether it will be compensated for the alleged cultural and economic destruction caused by a huge mine on its land.
Aaron Bunch
The binding agreement comes just a day before the Federal Court rules on a multibillion-dollar battle between the Yindjibarndi and Fortescue.
Former Fortescue chief executive Elizabeth Gaines has offloaded most of her shareholding in the Andrew Forrest-founded iron ore miner.
It comes two days after The West Australian revealed that a major round of redundancies is underway at Rio’s de-facto iron ore headquarters on St Georges Terrace.