Latest Iron Ore News

NH3 Clean Energy has signed a pivotal MoU with Mitsui O.S.K. Lines and Oceania Marine Energy to develop clean ammonia bunkering at the Port of Dampier by 2030, advancing decarbonisation in maritime shipping.

Macro Metals Limited confirms key permitting milestones and advances offtake negotiations for its Extension Iron Ore Project, targeting construction readiness by late 2026.

Juno Minerals has completed the sale of its Mount Mason DSO Hematite Project to Gold Valley Yilgarn for A$6 million cash plus a 2% royalty, with production set to start mid-2026. The deal strengthens Juno’s cash position while allowing focus on its flagship Mount Ida Magnetite Project.

Equinox Resources announces CEO Zac Komur will step down in November, with the Board launching a search for his successor amid ongoing development of the Hamersley iron ore project and strategic expansion plans.

AKORA Resources has initiated a surface trenching program at its Bekisopa Iron Ore Project in Madagascar, aiming to extend its high-grade direct shipping ore resource despite ongoing local unrest. The company remains confident in project progress and safety.

Macro Metals has received the final tranche of a $4 million strategic placement from Paramount Earthmoving, boosting its funding and expanding Paramount’s stake to over 9%. This capital injection positions Macro Metals to advance its mining services revenue ambitions.

Equinox Resources' judicial review over the Hamersley Iron Ore Project has been adjourned to 17 October 2025, as the Supreme Court seeks clarity on mapping and boundary data used by the Committee. The outcome remains uncertain as affidavit evidence is awaited.

Athena Resources has reported outstanding assay and metallurgical results from its Byro South drilling program, revealing high-quality magnetite mineralisation with iron grades exceeding 68%. The company is now advancing towards a maiden resource estimate that could reshape the economics of its Byro Magnetite Project.

Deterra Royalties has agreed to sell its non-core gold offtakes and royalties to Vox Royalty Corp for US$60 million, marking the completion of its divestment of Trident-acquired assets and reinforcing its strategic focus on base and battery metals.

Genmin Limited advances its Baniaka iron ore project with PowerChina’s subsidiary Sinohydro submitting engineering and construction proposals that suggest potential capital cost reductions. Parallel funding discussions with Chinese partners are also progressing.

Mineral Resources Limited has priced a US$700 million senior unsecured notes offering at 7.000%, aiming to refinance its existing higher-cost debt due in 2027. The move signals a strategic effort to optimise its capital structure amid evolving market conditions.

Central Iron Ore Limited has finalized assay results from its 2025 Phase 1 drilling campaign at the British King Project, revealing multiple significant high-grade gold intercepts and confirming down dip extensions of mineralisation.