Iron ore mining news
Rio Tinto and China Baowu sign heads of agreement for JV extension discussions
The agreement reinforces Rio Tinto’s partnership with Baowu, recognising the significant expertise and knowledge both parties bring to the joint venture.
Fortescue’s first shipment of West Pilbara fines sets sail
Fortescue will produce 5 - 10 million t of West Pilbara fines in FY19, further enhancing the company’s range of ores available.
thyssenkrupp to supply equipment for BHP South Flank iron ore project in Australia
thyssenkrupp Industrial Solutions has been awarded a contract to design, supply, construct and commission large-scale stockyard machines for the BHP South Flank iron ore project in Western Australia.
Metso to divest its grinding media business to Moly-Cop
The transaction comprises the sale of Metso Spain Holding, S.L.U, including operations in two locations with around 80 employees in Spain (Bilbao and Seville).
Magna tyres prove a success at Middle East iron mine
A large mining operator in the Middle East recently selected 27.00R49 Magna MA04+ Giants to serve their Rigid dump trucks.
Simandou iron ore project update
The non-binding heads of agreement for Chinalco to acquire Rio Tinto's interest in the Simandou project has lapsed.
New mine opens at Hope Downs
Rio Tinto and Hancock Prospecting have jointly opened a new iron ore mine at Hope Downs.
Resources 2030 Taskforce report confirms role of mining in powering modern Aussie life
Australia’s substantial and diverse mineral resources have made it a key supplier of the minerals that are essential to modern life, including iron ore, gold and lithium.
BHP Samarco update
BHP has reached an agreement to settle the class action complaint regarding the Samarco dam failure. The company will pay the plaintiffs US$50 million, with no admission of liability.
Fluor wins BHP South Flank iron ore contract
The project will be the largest iron ore processing facility ever built in Western Australia.