Articles On Iron Road (ASX:IRD)

Set against rumours of its demise, spot iron ore has remained stubbornly defiant, reminding investors again why forecasting is a fool’s errand by bouncing above US$135/t on Monday night. A broad consensus is forming around metals like coppe...

It was a fairly turbulent night on global markets, but the ASX 200 put in a fairly solid day of trade on Thursday to snap a two-day losing streak. Risk-on sentiment held sway as the microcap Emerging Companies index rose more than 1%, while...

Is there any end to coal’s incredible price run in 2021? This week has seen thermal coal prices rise to record levels, with low volatility 6000kcal product from Newcastle soaring 5% to US$240/t yesterday. Twelve months ago, when China’s dip...

Highlights Iron ore prices have plunged in the wake of China’s renewed crackdown on heavily polluting industries. The prices of iron ore have slumped 33.65% in the last one month. Various ASX-listed iron ore players are struggling to...

  BHP flashes green credentials, but is it doing enough? BHP’s annual ‘climate change report’ is now a ‘climate action report’. What a difference a year makes when it comes to nomenclature. The action its referring to is at least a little m...

Coking coal prices have gone a wee bit crazy in recent weeks, presenting a once in a generation opportunity for ASX-listed companies who looked sickly as the 2021 financial year wrapped up. According to Fastmarkets MB, supply remains tight...

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

Andrew Forrest said he wouldn’t bet against the price of iron ore this week as he addressed media and analysts in a lap of honour for Fortescue Metals Group’s (ASX:FMG) transformative 2021. That was driven by record high iron ore prices thr...

How’s that Aussie coal ban going for China? Prices of imported premium coking coal in the Middle Kingdom soared to record highs of US$384 per tonne while China looks around every nook and cranny to source the product it once got from our ea...

It powers Australia’s economic engine room, but iron ore is sputtering after the spot price recorded its biggest single day drop on Friday since index pricing began. Fastmarkets saw iron ore prices for benchmark 62% fines to northern China...

The broader ASX continued its losing streak, shedding another 0.5% while the benchmark ASX 200 closed at 7,465 points, which is 2.2% lower than last Friday’s close. Health and consumer discretionary goods were rays of sunshine with gains of...

BHP (ASX:BHP) has taken advantage of 2021’s astonishing boom in iron ore prices to shower shareholders with a record dividend and kickstart the transformation of the world’s biggest mining house. Its final payout of US$2 per share came off...

Largely driven by where else but fast moving China, electrolyser shipments will double in 2021 and quadruple by the end of 2022. There are a couple of types of this new-fangled technology, the polymer electrolyte membrane electrolysers curr...

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Within the span of only a few years renewable power has grown from supplying a fraction of the electricity used by Australians on a day to day basis to more than 25% of the national grid. In South Australia, where wind power’s share of the...

Our Emission Control column wraps all the news driving ASX stocks with exposure to renewable energy stocks.   Offshore wind lacks support, but can it be a major player in our energy mix? Some areas off Australia’s coastline are windier than...

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

Summary Swoop Holdings (ASX:SWP) posts huge gains on internet firm acquisition NRW Holdings (ASX:NWH) to sell mining assets to Boggabri Coal Titomic (ASX:TTT) rises on completing acquisition of U.S.-based Tri-D Dynamics The S&...

Summary The S&P/ASX200 closed 20 points or 0.83% higher at 7,333.50. The index gained 1% intraday to 7,353, crossing above its 20-day moving average. Eight of 11 sectors ended in green, while materials and realty gained the most....

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

• Monash scientists prepare to spin-out green ammonia breakthrough • Green energy sector poised to end week on a high   Monash claims breakthrough in green ammonia development Victoria’s Monash has staked their claim in the race to bring gr...

Emission Control wraps all the fortnightly news driving ASX stocks with exposure to renewable energy Queenslanders needed a pick me up after their sobering hammering at the hands of New South Wales in this week’s State of Origin opener. Wit...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers during the trading day. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intrad...

Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 31 May 2021.  Shares covered: (ASX:NST), (ASX...

Early last week, Chinese premier Li Keqiang said China needed to take more steps to curb “unreasonable” price increases for bulk commodities, right after we wrote this: Lol. Hubris.…which aged badly. Iron ore prices have fallen below $US200...

The company is advancing Central Eyre Iron Project due diligence activities as well as the ongoing partnership process.

Is this what winning a trade war looks like? Chinese sanctions on our wine, coal and lobster pale in comparison to the mammoth prices being paid for Australian iron ore. In fact, the Aussie government could rake in an extra US$34 billion ($...

There’s no doubt it’s a positive time for those trading in resources, with two commodities in particular – copper and iron ore – hitting all-time price highs in the last few days alone. The basis on which those highs have been achieved is...

Iron ore 62 per cent fines prices were unchanged this week at US$188 per tonne Hard coking coal prices were up US$0.35 to $US111.13 per tonne at Queensland ports The Chinese steel industry has pointed the finger at the concentrated owners...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Small caps have declined for the fourth time in the past five days — but still finished April with their strongest performance in six months. The Small Ordinaries index gained 4.83 per cent in April despite declining 0.96 per cent this week...

Australian governments are getting serious about the country’s fledgling hydrogen industry announcing further multi-million-dollar commitments to position Australia as the home of hydrogen. Ingrid Kukuljan – head of impact investing, lead p...

This is getting absurd. Iron ore was up another $US6.35 – or 3.4% — yesterday to $US191.45/t (CFR Tianjin port). That’s very close to all-time highs of ~$US200/t, reached in November 2007. The US iron ore price (62% fe) since late 2007. Pic...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Source: Andriy Solovyov, Shutterstock Summary The shares of Fortescue Metals Group Ltd (ASX:FMG) are trading higher on the ASX, along with other iron ore miners. The recent upsurge in iron ore prices backed by robust Chinese demand is...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose after making announcements.   WINNERS Code Compa...

H2U, which focuses its infrastructure development initiatives on the opportunity to value-add renewable energy, will use ‘green metals’, primarily iron produced from company’s Eyre Iron Project (CEIP), as feed for the project.

Highest iron ore prices for nine years brings on new projects, idled mines ‘We don’t see material incremental supply emerging from Australia in this period [next five years]’: FMG Iron ore mine in Tasmania is reactivated, first iron ore pr...

MAJOR Iron Road shareholder Sentient Fund IV “has indicated” it will invest A$8.6 million in an entitlement offer unveiled by the ASX-listed company ...

24 Sep 2020 - Iron Road (ASX:IRD) reports that Macquarie Capital (part of Macquarie Group, ASX:MQG) has entered into a Joint Development Agreement (JDA) with Iron Road and Eyre Pen…

It has been a disappointing day of trade for the S&P/ASX 200 Index (ASX: XJO) on Thursday. At the time of writing, the benchmark index is down 1% to 5,869.3 points. Four shares that have not let that hold them back are listed below. He...

On Stockhead today, the silica sand demand storm is coming and Australia is preparing to face it head on, the highest leverage play in Australia’s hottest mining district and nickel in batteries to take ‘significant’ market share from 2023....

A quick wrap of the key winners and losers on Wednesday, June 17. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today on the ASX there were 764 winners, 500 l...

Quantum Graphite (QGL) and Iron Road (IRD) have teamed up over the Cape Hardy port in South Australia; The companies signed a memorandum of ...

The hydrogen bandwagon has rolled into Tasmania with the state looking at leveraging its abundant renewable energy resources to secure its place in Australia’s future hydrogen export market. Tasmania is on track to be self-sufficient in ren...