Latest Iron Ore News

BHP has reported record copper and iron ore production for FY25, delivering robust financial results despite a challenging commodity price environment. The company is advancing key growth projects and maintaining strong capital discipline.

BHP Group Limited reported strong FY2025 financial results driven by record copper production and operational excellence, while advancing key growth projects and sustainability goals. The company maintained its dividend payout and navigated cost escalations at the Jansen potash project alongside ongoing Samarco dam failure remediation.

Lincoln Minerals has verified a continuous multi-metal sulphide system extending over 7km at its Minbrie Project in South Australia, setting the stage for a high-impact drilling campaign in late 2025.

Deterra Royalties reported a 10% rise in underlying EBITDA to $250 million for FY25, driven by record iron ore volumes and strong gold offtake revenue. The company declared a fully franked 13 cent final dividend and is progressing construction at the Thacker Pass lithium project, targeting production in late 2027.

Deterra Royalties reported a 10% revenue increase for FY25, driven by record Mining Area C production and progress at the Thacker Pass lithium project. The company maintains a strong dividend payout while balancing growth investments.

Deterra Royalties delivered a robust FY25 with a 10% revenue increase and a strategic acquisition that diversifies its commodity exposure. The company’s flagship iron ore royalty remains a strong cash generator as the Thacker Pass lithium project moves into construction.

Macmahon Holdings has posted record FY25 results, buoyed by Decmil integration and strong mining contract wins, while raising its FY26 revenue and earnings guidance.

Monadelphous Group Limited reported a robust 12% revenue increase to $2.27 billion and a 35% rise in net profit, driven by strong demand across resources and energy sectors and a record $2.5 billion in new contracts.

Monadelphous Group Limited reported a robust FY25 with $2.27 billion revenue and $158 million net profit, underpinned by strong contract wins and growth in energy and resources sectors.

Peregrine Gold has identified a promising new Channel Iron Deposit target near its recent Coopers CID North discovery, with high-grade iron ore samples and plans for imminent exploration.

VBX Limited strengthens its leadership and advances drilling programs at the Wuudagu bauxite project, setting the stage for a pivotal Definitive Feasibility Study and environmental approvals.

BlueScope Steel reported a resilient FY2025 with $738 million underlying EBIT despite soft market conditions, advancing key growth and decarbonisation initiatives. The company extends its buy-back program and maintains a strong balance sheet as it targets significant earnings uplift by 2030.