Latest Steel Industry News

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Element 25 has appointed Altris Engineering to lead the AU$64.8 million expansion of its Butcherbird manganese mine, a move that underpins its strategy to supply high-purity battery materials to the US electric vehicle market.
Maxwell Dee
Maxwell Dee
22 Oct 2025
Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.
Maxwell Dee
Maxwell Dee
5 Sept 2025
Cyclone Metals has launched a comprehensive Pre-Feasibility Study for its Iron Bear iron ore project in Canada, aiming to refine development plans and attract global steel market demand.
Maxwell Dee
Maxwell Dee
1 Sept 2025
Stanmore Resources reports a challenging first half of 2025 with lower coal prices and significant wet weather impacting production and earnings, but maintains safety excellence and cost discipline while preparing for a second-half recovery and growth projects.
Maxwell Dee
Maxwell Dee
25 Aug 2025
BlueScope Steel has extended its on-market share buy-back program to August 2026, leaving nearly $240 million still available for repurchases. The move signals ongoing capital management amid a substantial buy-back already executed.
Maxwell Dee
Maxwell Dee
18 Aug 2025
BlueScope Steel’s FY2025 results reveal a dip in revenue and earnings amid challenging market conditions, yet the company maintains robust cash flow and advances its sustainability agenda.
Maxwell Dee
Maxwell Dee
18 Aug 2025
Bluescope Steel Limited has announced a final dividend of 30 cents per share, 50% franked, payable in October 2025. This dividend reflects the company’s steady financial position for the year ending June 2025.
Maxwell Dee
Maxwell Dee
18 Aug 2025
MC Mining has officially begun open pit mining at its flagship Makhado hard coking coal project in South Africa, advancing steadily towards full production by year-end 2025.
Maxwell Dee
Maxwell Dee
15 Aug 2025
Magnetite Mines Limited has announced a renounceable rights issue to raise up to $2.65 million, aiming to fund critical development milestones for its Razorback Iron Ore Project and secure strategic partnerships for DFS funding.
Maxwell Dee
Maxwell Dee
8 Aug 2025
QEM Limited has appointed Robert Cooper as its new CEO and secured $2.05 million in funding, while progressing key regulatory and technical milestones for its Julia Creek Vanadium and Energy Project.
Maxwell Dee
Maxwell Dee
31 July 2025
Magnetite Mines has increased its Razorback iron ore resource estimate and extended key partnership negotiations, advancing its flagship project’s development. The company also reported promising metallurgical testwork and drew down funding to support ongoing feasibility studies.
Maxwell Dee
Maxwell Dee
30 July 2025
Champion Iron Limited reported Q1 FY2026 results showing steady revenues and net income, alongside a major US$500 million bond issuance to refinance debt and a new partnership agreement for the Kami Project.
Maxwell Dee
Maxwell Dee
30 July 2025