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Rio Tinto joined peer BHP on Thursday to play down Australia's prospects of building out a "green iron" sector that would ...
In the Pilbara — home to the world’s largest iron ore output — Rio Tinto is swapping out old deposits for new just to ...
South Australia also has the other main ingredient for green iron: high-quality iron ore. The state has an estimated 19 billion tons of magnetite, whose magnetism enables it to be purified to the ...
Australia’s Trade Surplus widened to 5,365M MoM in June versus 3,250M expected and 1,604M (revised from 2,238M) in the ...
Australia and China should cooperate more closely over green steel, Prime Minister Anthony Albanese said in Shanghai on ...
Australia's iron ore export volumes increased by 1.2% year-over-year to 902 million tonnes last year. Our production is expected to peak within three years as new mines reach their output ceilings.
Iron ore demand from China, Australia’s biggest customer since the turn of this century, continues to cool. China is not only the world’s biggest steel producer but also the biggest consumer.
According to this report, iron ore exports fetched Australia U.S. $131 billion last financial year, but analysts expect that figure to fall to about $100 billion from 2024 to 25.
By Clyde Russell PERTH, March 20 (Reuters) - Australia's vast iron ore mining sector is facing stark choices as its biggest customer China has likely hit a peak in its steel production and global ...
Australia’s commodity export earnings are set to contract over the next couple of years as the prices of iron ore, liquefied natural gas and coal slump, according to government forecasts.
WHYALLA, Australia - For more than a century, Australia has fed the world’s hunger for iron ore. Vast swaths of the rusty red Outback have been dug up and delivered overseas to make the steel ...