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    Australia

    Fortescue secures loan to drive decarbonization plans

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    Australia-based iron ore miner Fortescue has secured a 14.2 bln yuan (USD 1.97 bln) syndicated term loan in Chinese currency to fund its decarbonization...

    BlueScope forms consortium with Nippon, JSW, and Posco for Whyalla Steelworks bid

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    BlueScope has announced it will lead a consortium including Nippon Steel, JSW Steel, and Posco to participate in the sale process for Australia's Whyalla...

    Sims and Alter Steel sign MOU for long-term scrap supply partnership

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    Sims Limited and Equest Steel Pty Ltd, trading as Alter Steel, have signed a non-binding Memorandum of Understanding (MOU) to support Alter's planned electric...

    NeoSmelt consortium begins work on lower-emission steelmaking project

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    NeoSmelt, a low-emissions ironmaking initiative backed by BlueScope, BHP, Rio Tinto, Woodside Energy, and Mitsui Iron Ore Development, has taken a major step forward...

    BHP posts record iron ore output in FY25 despite weather disruptions

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    BHP Group reported record iron ore production for FY2025, ending June 30, overcoming disruptions from Tropical Cyclone Zelia and Tropical Storm Sean. The ahead-of-schedule...

    Rio Tinto and Hancock to develop Hope Downs 2 iron ore project

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    Rio Tinto and Hancock Prospecting will invest USD 1.61 bln to develop the Hope Downs 2 iron ore project in Western Australia's Pilbara region,...

    BHP awards chute liners supply contract for iron ore operations in Pilbara

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    BHP has signed a three-year agreement with Metso for the supply of metallic chute liners to support its Western Australia Iron Ore (WAIO) operations...

    Rio Tinto-Baowu JV opens Western Range mine with 25mln tons capacity

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    Rio Tinto has officially opened its new Western Range iron ore mine in the Pilbara, with an annual production capacity of up to 25...

    Govt steps in to support Whyalla steelworks amid financial troubles

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    The Australian government has allocated AUD 1 billion (USD 636 mln) to support the development of green iron manufacturing and its supply chains, according...

    BlueScope reports sharp decline in net profit for H1 FY25

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    BlueScope's net profit for the six months ending December 31, 2024, saw a sharp decline, according to its financial results. The company reported a...
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