Prominent Aboriginal mining executive Daniel Tucker has resigned from the company he founded after it scrapped a deal with Fortescue Metals Group in favour of working with Mineral Resources.
Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.
Resource Development Group has secured work at Fortescue Metals Group's Solomon Hub, while a contract with Chinese-owned Minjar Gold has been terminated.
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 and the Papua New Guinea government will undertake feasibility work for hydropower projects, with electricity exports and steel making potential uses.
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.
Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.
The state government has brought forward Western Australia's renewable hydrogen targets by a decade and made a $22 million investment to fuel the sector.
Fortescue Metals Group has become Western Australia's most valuable company after strong production data released today supported its remarkable two-year share price rally.
Pacific Energy subsidiary Contract Power Australia has secured the works to build a new power station at Fortescue Metals Group's Solomon iron ore mine in the Pilbara.
The Australian share market has managed a late recovery to end the week higher, with shares in Fortescue Metals Group hitting an all-time high of $16.66.
Mining contractor Dynamic Drill and Blast says it will use funds raised from a $5 million initial public offering to tackle a strong tendering pipeline and potentially grow the business in Western Australia's civil sector.
Perth-based Resource Development Group has won contracts for work on Fortescue Metals Group's Cloudbreak mine and Tianye SXO Gold Mining's Minjar Gold mine worth $26 million.
The big iron ore miners exporting out of Port Hedland will have to pay up to $220 million to property owners in the town's West End, under a buy-back scheme announced by the state government today.
A report backed by the Pilbara's big miners has found that iron ore exports are expected to grow modestly over the coming decade, well below the extra port capacity the miners themselves are seekin
Western Australian health authorities say they have not approved mandatory coronavirus self-testing for fly-in, fly-out workers employed by Fortescue Metals Group.
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.
Downer has secured a $450 million contract with Fortescue Metals Group for early mining and maintenance services at the Eliwana iron ore mine in the Pilbara.
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.
Andrew and Nicola Forrest have rebranded their private company as Tattarang, with the change of name coming soon after several board and executive changes.
Fortescue Metals Group has upgraded its annual iron ore shipments forecast after it reported a 10 per cent rise in third-quarter shipments and said it had managed to keep a lid on costs amid the coronavirus pandemic.
