Latest Iron Ore News

Fortescue Ltd delivered a record 201.3 million tonnes of iron ore in FY26, alongside a 3% rise in underlying net profit after tax to US$3.47 billion, despite a significant $750 million impairment charge on its Iron Bridge asset. The miner declared a fully franked final dividend of A$0.46 per share and continues to advance its ambitious decarbonisation and growth agenda.

BHP Group Limited’s 2026 US Annual Report (Form 20-F) filed with the SEC details robust production across key assets, disciplined capital allocation, and advances in sustainability and leadership transition.

Leeuwin Metals has secured a joint venture deal with Arrow Minerals over key Pilbara tenements, gaining exposure to iron ore and copper prospects with no upfront exploration cost.

BHP Group Limited posted robust FY2026 results with a 15% revenue increase, record copper production contributing over half of underlying EBITDA, and a total fully franked dividend of 172 US cents per share. The company advances growth projects, including the Jansen potash mine, while managing legacy Samarco liabilities and pursuing climate targets.

Deterra Royalties delivered a 5% increase in statutory net profit to $164.2 million for FY26, underpinned by record Mining Area C volumes and strategic asset sales. The company declared a fully franked final dividend of 10.8 cents, maintaining a 75% payout ratio, while advancing the Thacker Pass lithium project on schedule for late 2027 production.

Accent Resources NL (ASX: ACS) has responded to ASX queries following dramatic share price surges, providing comprehensive shareholder data and reaffirming its focus on advancing the Magnetite Range Project while progressing the sale of the Norseman Gold Project.

GR Engineering Services has locked in a $275 million EPC contract for the Yitirrti Copper-Silver-Zinc Project, reinforcing its position as a leading Australian minerals processing contractor.

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

Accent Resources NL confirms no undisclosed information behind recent share price spike, attributing trading activity to positive metallurgical results from its Magnetite Range Project.

Magnetite Mines has secured a 12-month extension on $2.7 million of convertible notes, enhancing its financial runway for the Razorback Iron Ore Project amid ongoing strategic funding efforts.

Burley Minerals has kicked off its maiden reverse circulation drilling at the Cane Bore Iron Ore Project following heritage survey clearance, targeting a substantial Channel Iron Deposit over 290 hectares. Assay results are anticipated by late September, marking a key step in advancing the Pilbara project.

Accent Resources reports promising dry magnetic separation test results from its Magnetite Range Project, highlighting potential for water-efficient processing and high-grade iron concentrate production.