Latest Iron Ore News

Champion Iron Limited reported an 8% increase in revenue to C$882.9 million for the half-year ended September 30, 2025, while net profit declined 20% to C$80.6 million. The company declared a steady interim dividend of C$0.10 per share amid a strategic asset transfer.

Hawsons Iron Limited has reported positive Phase 1 results from a CSIRO study revealing the mineral composition of its iron tailings, highlighting potential for hematite recovery as a valuable byproduct.

GoviEx Uranium Inc. securityholders have overwhelmingly approved a critical plan of arrangement, clearing a major hurdle for the proposed reverse takeover of Tombador Iron Limited. The transaction now moves closer to completion, pending final court approval.

Mount Gibson Iron suspends mining at Koolan Island following a significant rockfall, withdrawing FY26 sales guidance and initiating workforce reductions while advancing rehabilitation efforts.

Fortescue Metals Group kicked off FY26 with record iron ore shipments and strengthened its decarbonisation strategy through new partnerships and a $2 billion Renminbi loan.

Equinox Resources updates on ongoing judicial review concerning Aboriginal site boundary uncertainties at its Hamersley Iron Ore Project, with court deadlines extended and a final hearing expected by year-end.

Alchemy Resources has entered a binding option agreement with Newcam Minerals, unlocking significant funding and operational expertise for its Bryah Iron Ore projects in Western Australia.

Fenix Resources has achieved a record quarter with 885,000 wet metric tonnes shipped and locked in a transformative 30-year mining rights agreement with Baowu over the Weld Range Iron Ore Project, positioning itself for significant growth.

AKORA Resources has successfully completed a $2.9 million capital raise and commenced a trenching program at its flagship Bekisopa Iron Ore Project in Madagascar, reinforcing strong local and governmental support as it progresses towards production.

Macro Metals Limited confirms key permitting milestones and advances offtake negotiations for its Extension Iron Ore Project, targeting construction readiness by late 2026.

Juno Minerals has completed the sale of its Mount Mason DSO Hematite Project to Gold Valley Yilgarn for A$6 million cash plus a 2% royalty, with production set to start mid-2026. The deal strengthens Juno’s cash position while allowing focus on its flagship Mount Ida Magnetite Project.

Equinox Resources announces CEO Zac Komur will step down in November, with the Board launching a search for his successor amid ongoing development of the Hamersley iron ore project and strategic expansion plans.