Latest Steelmaking News

Fenix Resources’ latest Scoping Study outlines a robust plan to ramp up Weld Range iron ore production to 10 million tonnes per annum by 2031, extending mine life to 2042 with significantly reduced costs and strong financial returns.

Champion Iron Limited has launched a $289 million all-cash tender offer to acquire Norway’s Rana Gruber ASA, aiming to strengthen its position in the high-grade iron ore market and advance decarbonization in steelmaking.

Accent Resources reports metallurgical testwork confirming high-grade magnetite concentrates at coarse grind sizes, advancing its Magnetite Range Project towards green steel markets.

Hawsons Iron Ltd has declared a JORC-compliant Probable Ore Reserve of 2.3 billion tonnes and completed a positive Pre-Feasibility Study supporting a 26-year, 12Mtpa magnetite concentrate project in New South Wales.

Trek Metals has identified a significant high-grade manganese discovery at its Christmas Creek Project, supported by strong gravity anomalies indicating a large concealed mineralised system. Drill planning is underway to test these compelling targets.

Hazer Group has partnered with M Resources to integrate its methane pyrolysis technology into a bid to transform the Whyalla steelworks into a low-carbon steelmaking hub. This collaboration aims to produce clean hydrogen and graphite, aligning with government decarbonisation goals.

Jameson Resources has raised an extra A$450,000 through a discounted share placement, reinforcing investor confidence in its Crown Mountain coal project amid ongoing regulatory progress.

Tempest Minerals has signed a binding option agreement with Green Steel and Iron to develop a green steel facility in Western Australia, integrating its Remorse magnetite project into a low-emission steelmaking venture.

The Minerals Development Company Botswana has increased its investment in Botala Energy’s Serowe coal bed methane project to approximately A$4 million, signaling strong government backing for the company’s LNG ambitions.

Hazer Group has extended its collaboration with South Korean steel giant POSCO to further integrate its clean hydrogen and low-emissions graphite technology into low-carbon steel production.

Jameson Resources has locked in a $3 million capital raise from strategic investor King George Investments to advance its Crown Mountain coal project in British Columbia. The placement, priced at a 16.7% discount, underscores growing confidence in the project’s regulatory progress and market potential.

Pacific Lime and Cement Limited has secured a strategic partnership with global construction giant PowerChina to accelerate development of its Orokolo Bay Industrial Sands Project in Papua New Guinea, targeting production by 2026.