Latest Iron Ore News

Fortescue Metals Group reported a robust FY25 with record iron ore shipments and strong profits, while advancing its green metal and decarbonisation initiatives. The company also provided solid FY26 guidance amid ongoing exploration and capital discipline.

Fortescue Metals Group reported a solid US$3.4 billion net profit for FY25, driven by record iron ore shipments and a strong balance sheet, while advancing ambitious decarbonisation and green energy projects.

Fortescue Ltd reported a solid FY25 with record iron ore shipments and a strong profit, while making significant strides in its decarbonisation agenda including renewable energy projects and green metal production.

Cullen Resources has agreed to sell its Wyloo iron ore royalty to Vox Royalty for A$1.5 million cash, while retaining a significant payment right tied to mining commencement.

Magnetite Mines Limited faces immediate suspension of its MGTOF securities from ASX quotation due to non-compliance with listing rules, raising questions about regulatory hurdles ahead.

BCI Minerals has transitioned to full-scale operations at its Mardie Salt Project, marking a pivotal moment with strong construction progress, secured financing, and binding offtake agreements. The company remains on track for first salt shipment by late 2026.

Vysarn Limited delivered a robust FY2025 performance, driven by significant acquisitions and expanding operations across Australia’s water infrastructure sector. The company’s strategic moves position it well for sustained growth amid evolving market demands.

Vysarn Limited reported a robust 40% increase in revenue to $106.5 million for FY2025, driven by key acquisitions and national expansion. The company’s profit after tax rose 34%, underscoring its growing footprint in Australia’s water infrastructure sector.

Manuka Resources’ subsidiary Trans-Tasman Resources has entered a pivotal phase as an expert panel starts assessing its Fast Track application for seabed mining off New Zealand’s coast, aiming to unlock significant economic and mineral export potential.

Athena Resources has produced a 10kg sample of ultra-high-grade magnetite concentrate grading 70.55% iron from its Byro Magnetite Project, positioning the company at the forefront of green steel feedstock supply.

Magnetite Mines has launched a $2.65 million renounceable rights issue with increased underwriting support, following promising rare earth mineralisation findings at its Ironback Hill Project.

MLG has delivered a robust FY2025 financial performance, marked by strong revenue growth, improved profitability, and a healthier balance sheet. The company’s strategic investments and contract wins underpin a confident outlook in the gold and iron ore sectors.