Latest Iron News

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Mineral Resources Limited reported a challenging FY25 with a 15% drop in revenue and underlying EBITDA amid weaker commodity prices, while Onslow Iron reached its nameplate capacity, setting the stage for FY26 growth.
Maxwell Dee
Maxwell Dee
28 Aug 2025
Mineral Resources Limited posted a $896 million statutory loss for FY25, driven by significant impairments, while Onslow Iron achieved commercial production and governance reforms reshape the board.
Maxwell Dee
Maxwell Dee
28 Aug 2025
RocketDNA Ltd reported a slight revenue decline and increased losses in H1 2025 but marked significant progress in drone technology deployments and operational certifications.
Sophie Babbage
Sophie Babbage
28 Aug 2025
Ark Mines reports its Stage-3 drilling at Sandy Mitchell is ahead of schedule, aiming to nearly quintuple its measured mineral resource and fuel a pivotal Pre-Feasibility Study.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Fenix Resources delivered a record 2.4 million tonnes of iron ore in FY25, marking a 64% production jump as it transitioned to a multi-mine operation. Despite iron ore price declines, the company maintained strong cash flow and declared a fully franked dividend, setting ambitious FY26 growth targets.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Fenix Resources reported a strong 22% revenue increase for FY25 but saw net profit tumble 84% amid heavy investment in production expansion. The company declared a fully franked dividend exceeding net profit, balancing shareholder returns with growth ambitions.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Black Canyon Limited reports some of its thickest and highest-grade manganese and iron assay results to date from the Wandanya Project, confirming significant shallow mineralisation over a 2km strike. Phase 3 drilling is underway to expand this promising discovery.
Maxwell Dee
Maxwell Dee
27 Aug 2025
Duratec Limited reported record FY25 results with revenue of $573 million and a robust $4.16 billion project pipeline, driven by strong Energy and Emerging sectors growth. Despite Defence sector delays, the company is well positioned for expansion in FY26.
Victor Sage
Victor Sage
27 Aug 2025
Lincoln Minerals Limited is gearing up for drilling at its Minbrie copper-base metals project in South Australia, while reporting robust financial metrics for its graphite and high purity iron projects.
Maxwell Dee
Maxwell Dee
26 Aug 2025
Calix Limited reported a 17% rise in product and services revenue for FY25, driven by its Magnesia and Leilac businesses, alongside a 23% reduction in operating expenses. The company extended its cash runway to 18 months, supported by a $21 million equity raise, while progressing key decarbonisation projects.
Victor Sage
Victor Sage
26 Aug 2025
Calix Limited reported solid FY25 results with 17% growth in product revenue, a 23% cut in operating costs, and an extended 18-month cash runway, while progressing key decarbonisation projects.
Victor Sage
Victor Sage
26 Aug 2025
Rincon Resources has exercised its option to acquire 100% of the Crackerbox Gold Project in Western Australia, unlocking access to a highly prospective greenstone belt with significant historic gold and copper mineralisation. The company plans to launch an extensive exploration program to expand known mineralisation and evaluate resource potential.
Maxwell Dee
Maxwell Dee
26 Aug 2025