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Competition Tribunal verdict on rail line access in WA
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Rio Tinto has won a long struggle to restrict rivals from using its main railway to haul iron ore, but BHP Billiton may appeal after it was ordered to open up ...
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Iron ore spot price tipped to increase in coming months
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The spot price for iron ore over the next three months is forecast to increase by 23 per cent over the previous quarter to US$148/t (FOB, 62 per cent Fe), ...
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Hancock gets green light for $7.2bn iron ore rail link
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The unlisted company owned by Australia’s wealthiest woman, Hancock Prospecting, has been given the green light to develop a rail line connecting its Roy Hill ...
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WA stocks deliver 400 per cent growth in last decade
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The Deloitte WA Index, which tracks the market capitalisation of Western Australian listed companies has grown by 418 per cent over the last decade to April ...
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Rio Tinto approves funding for iron ore expansion
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Rio Tinto announced, on July 14th, US$200 million funding to prepare for the expansion of its iron ore operations in Western Australia.
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Centrex-WISCO JV clears way for new SA iron ore mines
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Minister for Mineral Resources Development Paul Holloway has witnessed the signing of a South Australian-China joint venture deal that aims to develop two new ...
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Karara contracts and orders approach $1 billion
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Gindalbie Metals has announced the Karara Iron Ore Project will reach a key milestone in coming months with the value of service contracts and orders expected ...
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Investment in iron ore washing gathers pace in India
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Two of the largest steel producers in India have recently purchased new iron ore washing plants from CDE Global through their sister company CDE Asia with ...
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New State agreements with iron ore majors
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After twelve months of discussions the WA Government has reached an historic new agreement with BHP Billiton and Rio Tinto about iron ore royalties for fines ...
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Energy & minerals prices to dip in second half: ABARE
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World prices for many energy and minerals commodities in the second half of 2010 are forecast to average lower than the first half of the year, according to ...
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Signing of US$1.2 billion Karara loan facility
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Gindalbie Metals applauded China’s support for emerging Australian resource projects following the formal signing of key loan documentation for a US$1.2 ...
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New iron ore discovery on SA-NSW border
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A new magnetite iron deposit more than 40 kilometres in length and drill proven to be up to 124 metres thick, has been discovered by a joint venture group.
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Mineral Resources signs rail haulage agreement
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Mineral Resources Limited (MRL) has signed an agreement for the provision of rail haulage for its Carina Yilgarn iron ore project in Western Australia with QR ...
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Resources tax will hurt the very people it’s meant to help: iron ore chief
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Atlas Iron managing director David Flanagan has warned that the Prime Minister’s tax plan would have inflict significant pain on the working families he ...
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FIRB approval for Beyondie iron ore project joint venture
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Emergent Resources has advised that the Foreign Investment Review Board (FIRB) has approved its A$200 million joint venture with Chinese state owned Beijing ...
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Tax attack: Fortescue ices $17.6 billion of new projects
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Shares in Fortescue Metals Group dipped on the back of the Pilbara miner's decision to put two of its three expansion projects on hold in response to the ...
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Iron ore industry comments on tax proposals
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Australia's iron ore industry, on April 30th, expressed concern over the potential imposition of a Federal resources rent tax on the industry, in addition to ...
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Ansteel to take 100% production tonnage from Karara
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Gindalbie Metals announced finalisation of a long-term off-take contract with its joint venture partner, Ansteel, covering the life-of-mine production from the ...
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ACCC announcement on problem coal terminal
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The Australian Competition and Consumer Commission (ACCC) has made a draft decision to move coal capacity from Barney Point, due to community concerns about ...
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Sinosteel Midwest commences mining at Koolanooka
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Sinosteel Midwest announced the commencement of full-scale mining at its Koolanooka/Blue Hills Direct Shipping Ore (DSO) project in the Mid West region of ...
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QR on track for huge iron ore deal in WA
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QR is on the way to winning a 10-year haulage deal with Gindalbie Metals, which could see QR Freight haul iron ore from the Karara minesite to the port of ...
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Rio still cautious on short-term volatility
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At the release of Rio Tinto’s first quarter production results, the group’s chief executive Tom Albanese, said there was still caution despite a strong outlook ...
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BHP shows strength in iron ore & petroleum production
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The latest production report from BHP Billiton shows the impact of its growth projects and positive results in its high grade crude operations following the ...
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ACCC backs junior iron ore push for rail access
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Australia’s competition regulator has thrown its support behind a group of junior iron ore producers looking to collectively bargain for access to the rail ...
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New deepwater port and industrial precinct for the Pilbara
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The Government of Western Australia has identified Anketell, 30km east of Karratha and 10km from Cape Lambert, as the next major deepwater iron ore port for ...
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Spot price the iron ore industry’s talking point
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In the latest iteration of its quarterly report on small and mid sized iron ore exploration and development companies, Resource Capital Research (RCR) said the ...
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Rio Tinto and Chinalco sign MoU for African project
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Rio Tinto and Chinalco have signed a non-binding memorandum of understanding (MoU) to establish a joint venture covering the development and operation of the ...
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Investment paints positive picture for WA economy
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Addressing the AJM’s Global Iron Ore & Steel Forecast conference in Perth on March 23rd, the chief economist of the WA Chamber of Commerce & Industry (CCI) ...
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Global iron ore & steel outlook - part two
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Iron ore was one of the commodity success stories in 2009, and looks set to continue its healthy performance due to strong and increasing demand for raw ...
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BHP half-year reflects strong demand for steelmaking materials
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BHP Billiton’s half-year to the end of December revealed record sales volumes in three key commodities and a “sound” financial performance according to ...
