News Articles for China Steel Corporation

Pilbara iron plant backed by EPA

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POSCO's proposed $4.4-billion Pilbara green iron plant has been recommended for approval by the state's environmental watchdog.

Iron plant a linchpin for Hedland’s future

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A proposed $4.4 billion iron processing plant could strengthen the business case of other major Pilbara projects.

Delays would scupper Pilbara iron plant

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Backers of a proposed $4 billion Pilbara iron plant have warned approval delays would likely see the project built in another country.

Autonomous truck deal for Roy Hill

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Iron ore miner Roy Hill Holdings is taking a further leap into the world of autonomous mining, selecting Epiroc and ASI Mining to convert its fleet of 77 trucks from manned to driverless use.

Foreign capital boosts growth

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SPECIAL REPORT: Mitsui & Company, Shell and Itochu Corporation are among a swag of businesses that have made substantial investments in the state's exporting industries over the decades, showing that foreign investors can contribute without directly operating assets.

Roy Hill enters ramp up phase

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Iron ore miner Roy Hill has officially taken control of its mine, rail and port operations in the Pilbara from lead construction contractor Samsung C&T, with the company now commencing ramp-up of production to target the nameplate 55 million tonnes per annum capacity.

NRW bags another Roy Hill contract

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NRW Holdings has won a $200 million contract for concrete and earthworks at Hancock Prospecting's Roy Hill iron ore project.

Rinehart secures ‘‘largest ever’’ project funding

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Gina Rinehart has virtually ensured her family's long-held dream of operating its own iron ore mine, securing final funding for her massive Roy Hill project.

Roy Hill project gets $700m boost

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The $10 billion Roy Hill project has received a funding boost, with the Export-Import Bank of the United States approving a $US694 million loan to purchase American-made mining equipment.

Hancock earnings lower despite $2bn revenue

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Gina Rinehart's Hancock Prospecting has notched up almost $2 billion in revenue and an operating profit of $601 million in the 2013 financial year, which makes it one of Australia's most lucrative private companies despite being the group's lowest profit in four years.

Rinehart reveals company profits

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Gina Rinehart's private company Hancock Prospecting Pty Ltd has belatedly revealed the scale of its income and profits by lodging annual returns for 2010 and 2011 with the Australian Securities and