Articles On Iron Road (ASX:IRD)

South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds...

Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.   In a move to help Australia become a renewable energy superpower, the Australian Renewable Energy Agency (ARENA) tipped a f...

Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.   Low-carbon investments are going to vault, using a pole by US$60bn this year – some 10pc higher than 2022 – thanks to wind...

BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l...

A $35bn subsea cable venture collapses due to an “absence of alignment” for it’s billionaire backers McGowan Government approves allocation of land for seven renewable energy projects Element 25 signs offtake and project financing agreeme...

ASX 200 benchmark climbs 1.5% during an otherwise super-quiet day Tesla dives 12.2% and Apple slips back under US$2T market cap Extra-special bonus: The greatest sporting achievement we’re gonna see all year   Welcome to the end of the fi...

This joint funding deal supports projected private investment in regional energy infrastructure of $32m by 2030 Federal Energy Minister Chris Bowen announces $176m of investment to eight grid scale battery projects Woodside awards major co...

Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st...

An energy transition pathway consistent with the Paris Agreement is possible with immediate action and major investment There needs to be $3 invested in low-carbon supply for every $1 in fossil-fuel supply Rio plans further investment in r...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.   Australia’s clean energy transition is in desperate need of policy certainty despite reaching a new record for investment c...

Fortescue Metals Group boss Andrew Forrest says green energy focused FMG will pursue value over volume in flagship iron ore business Actually also looking to increase volumes, with new high grade mine in Pilbara and African exploration pus...

Anglo American commits to 100pc renewable electricity for its operations in Australia from 2025 FFI partners with Windlab on a ‘Super Hub’ expected to generate 10GW of wind and solar power AGL ushers in a cleaner future for energy in Austr...

Iron ore prices posted a recovery on Monday as China relaxed some of its previously steadfast Covid measures Steel mills are still loss-making in China, with a real bounce in demand needed to bring prices back above US$100/t But experts sa...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy. Climate TRACE, a global non-profit coalition tracking the world’s real-time greenhouse gas (GHG) emissions, has published a n...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.   Bloomberg New Energy Finance (BNEF) is out with evidence showing support for fossil fuels by G20 nations in 2021 reached th...

Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy. Building on recently passed climate laws which brought in a tougher 2030 emissions reduction target to put Australia on a tra...

AQC faces roadblocks in its bid to revive Dartbrook coal mine, while New Hope gets approval for New Acland coal extension after 13 years New coal supply is slowly emerging, but the market is expected to remain tight with wet weather expect...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Iron ore miners are funding a wave of new developments, despite red flags in the Chinese steel market While miners are long term bulls, the short term outlook is clouded by China’s economic issues and Covid Zero policy The gap between low...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

In the FY 21/22, the Federal Government handed out $11.6 billion in subsidies to the fossil fuel industry The climate council has found five ‘better’ ways the government could be spending the money These include things like funding another...

BHP says cumulative steel demand in the next 30 years will double that of the last 30, arguing the commodity will be a net beneficiary of decarbonisation and climate change The changing environment alone could drive increase in demand equa...

AGL plans to supply customers with up 12 gigawatts of new renewable generation before 2036 An ambitious $62 billion energy plan has been carved out for the state of Queensland Tritium will provide fast chargers for a new EV highway in the...

Iron ore prices received a bump after Covid lockdowns in Chengdu were relaxed But they quickly retreated, with analysts saying a decision on whether to end China’s Covid Zero policy could be a big turning point for the commodity Like it or...

Market for DR grade 65% plus iron ore could rise fivefold to 750Mtpa according to new research from Wood Mackenzie As much as US$1.4 trillion needs to be spent on new mines, renewable energy, steel mills, hydrogen and carbon capture to red...

It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme...

Mineral Resources and global partners approve $3bn Onslow iron ore mine day before prices drop below US$100/t Chinese steel giant Baowu will both have a stake in the mine and market up to 75% of MinRes’ product Coal prices remain ridiculou...

Tassie’s got 25,000GWh of renewable energy projects waiting to come online by 2030 Provaris Energy’s Tiwi H2 Project receives Major Project Status by the NT Government NEW reaches binding agreement to sell its portfolio of 14 US solar ass...

Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets...

ACT announces plan to electrify Canberra with renewable electricity over the next two decades The renewable energy sector defies supply chain challenges in 2022 to hit a record first half for new investment ECT, BSX, and PRM are this fortn...

There is a massive untapped demand from Islamic investors for sustainable investment opportunities that are Sharia compliant Australia is the only Western country in the world with no government or corporate backed sukuk market MPR and IRD...

Goldman Sachs analysts say iron ore prices could drop faster than expected on bearish steel sentiment But iron ore prices have strengthened as steel margins have improved and Chinese authorities have moved to support its property market an...

The State of the Environment report paints a bleak picture of the health of the nation’s natural environment  “Australia has lost more mammal species than any other continent over the past 200 years”, the report says The NT and INPEX deci...

Fenix Resources boss Rob Brierley says weakness in iron ore supply means prices will be set by demand Iron ore futures in Singapore hit 2022 low as China’s steel mills drop prices Coal miners begin to look cheap again as thermal prices pic...

Energy transition leaders are urging businesses to factor in Scope-3 emissions  UniSA reckons tens of thousands of wind turbines will end up in landfill by the end of the decade Solar panels can be hazardous in landfill, where materials c...

Fenix Resources buys out haulage JV to take control of logistics, mimicking the structure of the Pilbara majors Rio Tinto opens 43Mtpa Gudai-Darri mine in the Pilbara as junior Strike prepares first shipment from Paulsens East Queensland c...

Iron ore miners suffered a heavy sell-off yesterday as commodity prices fell on fears of Covid lockdowns in China Iron ore and steel market observer Mark Eames says there is more upside than downside thanks to the tight supply-demand balan...

As Australia’s east coast residents struggle to stay warm, ministers have recommended a National Transition Plan, a capacity mechanism, and exploration of gas market policies But the IEEFA says the proposed capacity mechanism may well and...

Australia’s biggest bank has upgraded its long-term iron ore and coking coal forecasts in response to Covid, Chinese commodity demand and Russia But high energy prices could drive investment in decarbonisation, clouding the outlook for the...

By 2030, WoodMac expects 24 countries to have large-scale offshore wind farms up from 9 today Total capacity is likely to reach 330GW, up from 34GW in 2020 IRD engages WSP Australia to start gauging commercial interest for green hydrogen a...

China’s Covid Zero policy has seen analysts knock down economic forecasts Bad news for sentiment in steel and raw materials, with iron ore futures tumbling in afternoon trade Coal prices remain freaking high A precipitous slide in Asian i...

Today in Australian politics, commitments have been long on words and very, very short on what net-zero means, according to experts If net-zero targets are to be taken seriously, Australia needs to stop the development chain of oil, coal,...

WoodMac sees pathway for steel industry to reduce emissions 30% by 2050 Transition will require shift away from blast furnace to scrap-based electric arc furnace steelmaking Despite Chinese strong steel output in April, Commbank sees suppo...

Origin Energy has reached an important milestone in its plans to develop a large-scale battery at Eraring Power Station Two NZ companies are planning to build the country’s first nationwide hydrogen refuelling network Aussie largest bus bu...

Iron ore miners have been looking fragile over the last week, clawing to hopes of a second half revival in the Chinese economy as the impact of its Covid lockdowns worsen. Prices remain relatively high compared to major producer margins, wi...

Stanmore has completed its ambitious US$1.2 billion ($1.7b) acquisition of BHP’s Poitrel and South Walker Creek coal mines Its founder Nick Jorss is aiming to repeat his success at new coal producer Bowen Coking Coal Jorss says steelmaking...

China’s steel output has shown signs of life, building throughout the first quarter of 2022 after collapsing to its slowest rate in four years in October and November 2021. That came despite widespread curbs on mill output due to the Winter...

Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu...