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Iron ore mining news


BHP trials renewable fuel at Yandi

BHP is trialling the use of hydrotreated vegetable oil to help power mining equipment at its Yandi iron ore operations in Western Australia.


Fortescue announce plan for decarbonisation

Fortescue have announced their execution plan for decarbonisation, which includes US$6.2 billion capital investment by 2030 to eliminate fossil fuel risk.


IOCA signs agreement with Anglo American to negotiate funding and offtake

Alien Metals Ltd has, through its wholly-owned subsidiary Iron Ore Company of Australia Pty Ltd, entered into a mandate letter providing for an exclusive right to negotiate project funding and offtake arrangements with Anglo American in relation to the Hancock iron ore project.


EDB provides US$55 million in financing to ERG’s SSGPO

Eurasian Development Bank has provided US$55 million to Eurasian Resources Group’s Sokolov-Sarybai Mining Production Association enterprise in Kazakhstan, in order to finance the production of export goods.