Fortescue Metals Group has officially opened its Eliwana iron ore mine in the Pilbara, in the same week the commodity's price reached a new high of $US146 per tonne.
Andrew Forrest is $2.7 billion richer after the iron ore price rose to a seven-year high, while Chris Ellison's stake in Mineral Resources has grown by $53.4 million.
Fortescue Metals Group says it had no choice but to withhold royalties to a Pilbara Indigenous group after traditional owners declined to sign land access deeds.
Fortescue Metals Group has received environmental approval to increase iron ore exports through Port Hedland to 210 million tonnes per annum, with other miners hoping to follow.
Fortescue Metals Group has substantially increased its final dividend after posting a record annual profit, with company founder and chairman Andrew Forrest getting nearly $2 billion in dividends.
Aboriginal-owned business Mallard Deemy has secured $11 million in contracts with Fortescue Metals Group for work at the Eliwana iron ore mine in the Pilbara.
The High Court has dismissed Fortescue Metals Group's application to appeal a native title ruling covering its Solomon iron ore mine in Western Australia's Pilbara region.
BHP and Fortescue Metals Group have welcomed new inspection rules for iron ore imports into China, but only after the news raised concerns that trade tensions between China and Australia could have claimed another victim.
The C-suite just became bigger, with the COVID-19 pandemic throwing another key title into the top end of the corporate and government decision-making – chief medical officer – a role where Western
Rio Tinto has disclosed that 700 fly-in, fly-out workers have moved to Perth from interstate or overseas because of new travel restrictions, more than twice the number at mining rival BHP.
The two biggest Perth-based resources companies have furthered their interest in hydrogen, with one focused on export potential and the other investigating a more metropolitan project.
Fortescue Metals Group said today it expected to meet its annual shipments guidance, as the mining sector started adapting to travel restrictions that will crimp fly-in, fly-out operations.
In celebration of International Women's Day, inductees of the WA Women's Hall of Fame and the winners of the Chamber of Minerals and Energy of WA Women in Resources Awards were announced over the weekend.
Western Australia-based businesses have won 70 of 134 contracts awarded for work on five major mining projects, while state government data shows 53 tenders were awarded to businesses with local content plans in the 2019 financial year.
Associate Professor Melissa Langdon says International Women's Day is a time to celebrate women's achievements and have important conversations on how women can be better supported at work and in society.
Fortescue Metals Group has reported a near four-fold jump in first-half profit as it cashed in on higher iron ore prices, while analysts said a lower than expected dividend reflected caution on the global economy.
The state government has today pledged to spend $2 million promoting regional tourism and $8 million on aviation, as it ramps-up its response to the worsening coronavirus outbreak.
Four of Perth's most notable business leaders offered their thoughts on how corporations can have a positive impact on the Western Australian community this afternoon, as Business News celebrated its 'Great for the State' series ahead of the first edition for 2020.
Fortescue Metals Group is anticipating iron ore exports to be at the upper end of guidance after posting record shipments for the first half of 2020, while also announcing plans to spend $US450 million ($A668 million) on a solar-gas power facility.
The renewal of four major contracts with Fortescue Metals Group and Rio Tinto has maintained Sodexo's status as the largest operator in the state's facilities management sector.
More than 80 per cent of spending on the Eliwana iron ore project has been through local contractors, Fortescue Metals Group said today, while Premier Mark McGowan announced a major approval had been fast tracked to enable the mine to be completed on schedule.
A move to use lasers to perfectly load rail cars is worth about $300 million to BHP and is an example of how the area around the town of Newman is world class in applying technology to resources.
Fortescue Metals Group has awarded a $24 million contract to Australian Ceramics Engineering, primarily to provide offsite refurbishment for its operational sites in the Pilbara.
Fortescue Metals Group has recorded a 5 per cent rise in shipments for the September quarter, buoyed by sustained demand for the steel-making ingredient from China.
Rio Tinto's 22-year relationship with Black Swan State Theatre Company has come to an end, as it was announced at the theatre company's season launch last night that Fortescue Metals Group will step in as its new principal partner.
The use of renewable energy in the mining sector is being given a boost, with the federal government and Alinta Energy jointly funding a $200 million solar facility that will help to power Fortescue Metals Group's iron ore mines.
Fortescue Metals Group, South32, Iluka Resources, Western Power and Synergy are among a group of 10 resources and energy companies collaborating to develop a toolkit to pre-screen for modern slavery risks within their supply chains.
Another flurry of substantial share transactions from directors of Perth-based ASX-listed companies have occurred recently following the release of annual results, with David Singleton, Elizabeth Gaines and Rodney Leonard among those involved in the largest deals.
The number of women in executive leadership positions across Australia's largest listed companies is slowly increasing according to a new report, with Emeco Holdings, Wesfarmers and South32 the top performers for Western Australia.
