Latest Iron Ore Production News

Fenix Resources has announced a maiden Ore Reserve of 26.9 million tonnes at 60.0% iron for its Beebyn Hub, combining the updated Beebyn-W11 and new Beebyn-W10 Stage 1 mines. This reserve underpins the company’s plan to ramp production to 6 million tonnes per annum by FY28 and secures over five years of mine life at current rates.

Hawsons Iron Limited’s latest bulk elutriation testwork upgraded its magnetite concentrate from 67.8% to 69.3% iron, slashing impurities and reinforcing the project’s premium product potential.

Mineral Resources Limited (ASX: MIN) closed FY26 exceeding volume and cost guidance across iron ore, lithium, and mining services, while bolstering liquidity and reducing net debt. Strategic investments at Mt Marion and Bald Hill signal ongoing growth.

Deterra Royalties reported a record A$61.8 million iron ore royalty revenue from Mining Area C in the June 2026 quarter, alongside significant progress at the Thacker Pass lithium project with US$1.21 billion drawn from a US Department of Energy loan.

BHP delivered record iron ore volumes and stable copper production of around 2 million tonnes in FY26, underpinned by disciplined cost control and a robust growth pipeline including the Ministers North project.

Fenix Resources has partnered with Mira Bulk to reduce iron ore shipping costs and secured US$44 million in long-term funding, underpinning its production ramp-up to 6 million tonnes by FY28.

Champion Iron Limited reported a 19% increase in net profit to C$168.7 million for FY2026, driven by record production and sales, progress on its DRPF project, and the strategic acquisition of Rana Gruber.

Iron Bear Resources has boosted its Indicated Mineral Resource by 114% to 4.5 billion tonnes at 29.5% Fe, while total resources fell 18% due to updated geology and economics. The Labrador Trough project now rests on a stronger technical foundation with high-quality magnetite concentrates confirmed.

BHP has reported robust copper and iron ore production for the nine months to March 2026, with key projects progressing and a leadership change set for July. Operational resilience and disciplined capital moves underpin its outlook.

Champion Iron has finalized its US$300 million acquisition of Norwegian iron ore producer Rana Gruber, securing over 92% ownership and setting sights on full integration and delisting. The deal enhances Champion's high-purity iron ore portfolio and strengthens its position in the green steel supply chain.

Strike Resources has taken significant steps to enhance its Apurímac Iron Ore Project’s export capabilities through a new port services agreement and is progressing towards resuming mining operations. Meanwhile, its stake in Lithium Energy benefits from a major asset sale, boosting cash reserves.

Admiralty Resources has ramped up production at its Mariposa Iron Ore Project in Chile, securing key contracts with Trafigura and Compañía Minera del Pacífico amid ongoing audit delays.