Mineral Resources has formally commenced its $3 billion Onslow iron ore project and flagged further rapid growth in the business while also reporting a sharp fall in annual profit.
The state government has managed to strike a deal that promises to satisfy each of the mining giants battling for a larger slice of the port of Port Hedland.
Our daily board moves wrap includes Uwe Henke Von Parpart, David Welch, Alistair Cowden, Mark Hanlon, Anthony McIntosh, Victor Rajasooriar, Richard Hill, Ryan Gurner, Sarah Curnow, Kate Stoney, John Zimmerman, Mark Calderwood, Paul Kitto, and Daniel Noonan.
Mineral Resources and Brockman Mining have deferred the agreement for key infrastructure works at their $300 million Marillana iron ore project by up to a year, as MinRes seeks more time to satisfy preconditions.
Chris Ellison-led Mineral Resources has posted a big increase in profit to $272 million for the 2018 financial year, helped by a strong performance in the company's mining services division.
Mineral Resources and Brockman Mining have announced plans to jointly develop a major iron ore mine that will underpin construction of a new rail line and port facilities at Port Hedland.
Two local mining companies have been forced to provide clarifications to the ASX this morning, with Flinders Mines responding to a presentation given by BBI Group, while lithium-focused AVZ Minerals told investors to ignore a Twitter post from one of its strategic advisers.
Mineral Resources has agreed to allow takeover target Atlas Iron to enter discussions with other parties, one day after the Andrew Forrest-chaired Fortescue Metals Group purchased a blocking stake in the junior iron ore miner.
More than $8 billion of greenfields iron ore projects are either proposed or in development, while $450 million of brownfields work is under way as the state's miners plan investments to maintain production.
Hong Kong-based Brockman Mining has continued its run of legal victories in its efforts to gain access to Fortescue Metals Group's rail infrastructure.
Brockman Mining is set to defy the gloom in the iron ore market, announcing plans to develop its Maverick project in the Pilbara, with trucking group QUBE Holdings signed up to transport the ore to port.
Hong Kong-based Brockman Mining has scored another legal victory in its long-running battle to gain access to railways built by Fortescue Metals Group's infrastructure subsidiary.
Iron ore rivals BHP Billiton and Rio Tinto are united in their forecast more high-cost producers will leave the market, but have stopped short of predicting how Western Australia's higher-cost producers will fare over time.
A dispute between privately owned Alinta Energy and Horizon Power hangs over state government plans to overhaul the north-west's unregulated electricity network.
FEATURE: Industrial uncertainty and an urgent need for more infrastructure are putting the squeeze on iron ore exports through Port Hedland, while productivity increases and transshipment options are also being mulled over statewide.
Fortescue Metals Group will go to the WA Supreme Court to challenge the Economic Regulation Authority's decision to allow third-party access to FMG's Pilbara railway.
Brockman Mining would need to pay between 55 cents and $2.04 per tonne if it gains access to Fortescue Metals Group's Pilbara railway, following a ruling by the state's Economic Regulation Authorit
A 10-year old commitment by Fortescue Metals Group to the state government has come back to bite the iron ore miner, after it was told it must commence negotiations for third-party access to its Pi
Fortescue Metals Group says its Pilbara rail network is at capacity and any move to allow Brockman Mining access would result in reduced state iron ore royalties and federal taxes, and ultimately l
Brockman Mining says the price it should pay for access to Fortescue Metals Group's Pilbara railway should be no more than 88 cents per tonne, a fraction of previous estimates by FMG.
The operator of one of China's largest ports has signed up as a potential investor in new rail and port infrastructure to service iron ore miners in the Pilbara.
Aspiring iron ore miner Brockman Mining has submitted a proposal to gain access to rail infrastructure built by Fortescue Metals Group, setting up competition between two infrastructure providers i
