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The Latest Breaking News from iron ore

Rio Tinto's New CEO Simplifies The Firm, Places Assets Under Review

Rio Tinto (NYSE:RIO) is undergoing a major restructure under a newly appointed CEO, Simon Trott, who took over the role on Monday. On Wednesday, he unveiled a radical simplification of the miner's operations into three core business units: iron ore, copper, and a combined aluminium–lithium group.

Benzinga

Australia risks losing green iron race after head start

Australia may be left stranded on the blocks in the race to lead the globe in green iron projects, with its main rivals coming from some unexpected nations.

AAP

Iron ore giant's profit falls, green energy vow stays

One of Australia's biggest mining companies says it will continue to pursue green iron and renewable energy projects as iron ore revenues dip.

AAP

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Iron Drags BHP Earnings To A Five-Year Low

The leading global miner BHP Group (NYSE:BHP) posted its weakest annual result in five years, showing the pressure from lower iron ore prices and China’s softer steel demand. The firm reported underlying attributable profit of $10.16 billion, marking a 26% drop from the prior year.

Benzinga

Historic Swedish church transported on trailers to avoid being swallowed by mine

A convoy of trailers is transporting the 113-year-old Kiruna Church to a new home to make way for the expansion of a large underground iron ore mine.

Euronews

BHP mulls mothballing coal mines over royalty regime

BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.

AAP

Union alarm as mining giant mulls sick leave overhaul

Proposed changes to the sick leave policy for thousands of Rio Tinto workers has sparked union concerns other employee entitlements will also be targeted.

AAP

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Rio Tinto Posts Weakest Half-Year Profit In Years

Rio Tinto (NYSE:RIO) reported its weakest half-year profit since 2020, as soft iron prices and weather-related disruptions in Western Australia weighed on results. The top global miner posted a 22% drop in net profit to $4.5 billion for the six months ended June 30, 2025. Underlying earnings declined 16% year-on-year…

Benzinga

Rio Tinto profits slip as prices weigh on performance

One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.

AAP

China’s greening steel industry signals an economic reality check for Australia

Australia has flourished as an export powerhouse for decades. Much of this prosperity has been driven by the nation’s natural endowment with two important raw products for producing steel the traditional way: iron ore and metallurgical coal.

The Conversation

Australian equities rise as banks break losing streak

The ASX200 has closed higher as Australian investors reacted to a key trade deal and iron ore miners extended gains for the third session this week.

AAP

China-Led Rally Sends Iron Ore Over $100 Despite Looming Oversupply

Iron ore prices have rebounded above $100 for the first time since February. Renewed optimism about China's economic resilience and the announcement of construction of the world's largest hydropower dam drove momentum of the futures market in Singapore.

Benzinga

Trump offers regulatory relief for coal, iron ore and chemical industries

President Donald Trump is granting two years of regulatory relief to coal-fired power plants, chemical manufacturers and other industries as he seeks to reverse Biden-era regulations he considers overly burdensome

The Independent UK

Rio Tinto Names Iron Boss Simon Trott As New CEO

Rio Tinto (NYSE:RIO) appointed Simon Trott as its next Chief Executive Officer, effective August 25, 2025. Trott, currently the head of the multinational miner's iron ore division, will be the fourth leader within the last ten years.

Benzinga

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AAP

Global mining group taps Australian as new CEO

One of the world's largest mining companies, Rio Tinto, has promoted its Australian-based iron ore boss to become chief executive.

AAP

Political tensions muddy PM's Chinese green steel push

Efforts to end Chinese ownership of an Australian port highlight challenges to the prime minister's ambition to grow business ties between the two nations.

AAP

Aussie shares dip despite strong gains by mining sector

The ASX200 has finished 0.1 per cent lower, but iron ore giants, rare earth miners and building services company Johns Lyng posted strong gains.

AAP

Trump threatens Aussie medicines with bitter tax pill

One of Australia's biggest US exports has been threatened with hefty tariffs, but many doubt whether Donald Trump will actually impose the measure.

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Benzinga

Rio Tinto, Hancock Invest $1.6 Billion In Hope Downs 2 Expansion

Rio Tinto (NYSE:RIO) and Hancock Prospecting have announced on Tuesday a joint investment of $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region. A 50-50 investment will drive a significant expansion of the long-standing Hope Downs Joint Venture between the two companies.

The Conversation

A carbon levy on global shipping promises to slash emissions. We calculated what that means for Australia’s biggest export

Moving people and things around the world by sea has a big climate impact. The shipping industry produces almost 3% of global greenhouse gas emissions – roughly the same as Germany – largely due to the movement of container ships, bulk carriers and tankers.

AAP

Rio Tinto, Hancock to develop $2.5b iron ore project

A joint venture between Rio Tinto and Hancock Prospecting has been given approval for an iron ore project to add 31 million tonnes to global supply each year.

Dot Esports

How to get Iron Ore in Palia

Find Iron to improve your tools and craft so much more.

Barchart

Cleveland-Cliffs Marks 40th 52-Week Low: Is It a Buying Opportunity?

The producer of iron ore pellets and flat-rolled steel hit its 40th 52-week low of the past 12 months on Tuesday. Best characterized as a falling knife, Cleveland-Cliffs stock has declined 62% over the past year. Time to Buy?

The Guardian - UK

Why a new zero-carbon UK steel plant offers hope and a headache

Plans to build costly DRI plant in Britain to make green steel is seen by some as the future and others as a ‘white elephant’

AAP

Australian firms 'upbeat' China can navigate trade war

Australian firms are bullish about their opportunities in China despite global trade ructions casting doubt over economic growth, the Reserve Bank deputy says.

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