Articles On Red Hill Iron (ASX:RHI)

Title Source Codes Date
The major US averages notch four-week win streak

The Dow Jones Industrial Average rose on Friday, as the major averages notched a four-week winning streak. The 30-stock Dow rose 117.12 points, or 0.33 per cent, to 35,390.15. Meanwhile, the S&P 500 ticked higher by 0.06 per cent to end...

ShareCafe RHI 4 months ago
Market Highlights: Big selloff on Wall Street, Amazon sued for antitrust, and 5 ASX small caps to watch

ASX to open lower again after a selloff on Wall Street The all-crucial August CPI data due at 11.30am AEST today City Index has provided a list of the most common trading mistakes   Aussie shares are poised to open lower once again after...

Stockhead RHI 6 months ago
Red Hill Minerals strikes gold at multiple prospects within West Pilbara Project, WA

Australian explorer Red Hill Minerals (ASX:RHI) has intersected gold mineralisation at several prospects within its West Pilbara Project in Western Australia. The $282.75 million market capitalisation company reports it has received assays...

Mining.com.au RHI 8 months ago
Stocks close lower amid investor concerns of imminent Fed rate hikes

  Stocks fell on Friday, and finished lower for the week, as Wall Street struggled to shake off fears that the Federal Reserve may start hiking rates again later this month. All three major averages capped a losing week. The S&P dropped...

ShareCafe RHI 8 months ago
Markets tumble as Biden’s Inflation Reduction Act shakes up global EV industry

ShareCafeMarkets tumble as Biden’s Inflation Reduction Act shakes up global EV industry                    Stocks tumbled Tuesday, building on the previous session’s losses, as fears of a recession gripped Wall Street. The S&P 500...

ShareCafe RHI 1 year ago
Macarthur Minerals (ASX:MIO) primed for strategic partnership to maximise WA magnetite assets

In the mining industry’s many sub-sectors, iron ore stands out as the key player for the market’s prosperity. As one of Australia’s largest export items, the mineral brought in roughly $154.2 billion in 2021. According to the Mineral...

themarketherald.com.au RHI 1 year ago
Unprecedented Chinese protests remove bullish reopening narrative from markets

ShareCafeUnprecedented Chinese protests remove bullish reopening narrative from markets                    Stocks fell Monday as social unrest from China’s prolonged Covid restrictions weighed on markets. Protests across China over th...

ShareCafe RHI 1 year ago
Bulk Buys: Forrest targets ‘value over volume’ as he flags ramp up of African iron ore project

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...

Stockhead RHI 1 year ago
Bulk Buys: It’s a ‘pivot toward positivity’, but will China’s Covid shift actually light a fire under iron ore?

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...

Stockhead RHI 1 year ago
Are these sold off iron ore stocks ready for China to go ‘Covid Hero’?

Iron ore roared back to life yesterday on news China was starting to alter its Covid settings and provide credit support to property developers Prices surged to their highest level in a month, almost touching US$96/t in Singapore intra-day...

Stockhead RHI 1 year ago
ASX Resources Quarterlies: Reward develops a shiny new potash brine processing tech

Its quarterlies season again as the ASX market announcements page becomes increasingly flooded with earnings lodgements. To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caugh...

Stockhead RHI 1 year ago
Mineral Resources share price lifts as FY23 lithium guidance reaffirmed

The Mineral Resources Limited (ASX: MIN) share price is marching higher in morning trade. Mineral Resources closed yesterday trading for $74.74 per share and is currently trading for $77.48, up 3.65%. Below, we look at what the S&P/AS...

Motley Fool RHI 1 year ago
Bulk Buys: New Aussie coal mines are getting off the ground, but supply remains fragile

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 RHI 1 year ago
Bulk Buys: Traders see little optimism in the Chinese steel market, but iron ore miners are looking long term

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 RHI 1 year ago
Bulk Buys: BHP lays out its bull case for steel demand in a greening world

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...

Stockhead RHI 1 year ago
Bulk Buys: 21 million leave lockdown in Chengdu, but will iron ore prices leave $100/t purgatory?

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...

Stockhead RHI 1 year ago
Rio Tinto and China Baowu Steel in Pilbara Ore JV

ShareCafeRio Tinto and China Baowu Steel in Pilbara Ore JV Rio Tinto has joined Mineral Resources in getting into bed with the world’s biggest steelmaker, China Baowu Steel Group, to develop small projects in the Pilbara region of northern...

ShareCafe RHI 1 year ago
Bulk Buys: Goldman Sachs says Chinese steelmakers are on track for a 3% decline in 2022

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...

Stockhead RHI 1 year ago
Weekly Ratings, Targets, Forecast Changes – 02-09-22

Weekly update on stockbroker recommendation, target price, and earnings forecast changes. By Mark Woodruff Guide: The FNArena database tabulates the views of seven major Australian and international stock brokers: Citi, Credit Suisse, Macqu...

FNArena RHI 1 year ago
Bulk Buys: MinRes’ $3 billion mine approval flags China hunger for our iron ore

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...

Stockhead RHI 1 year ago
Mineral Resources share price slides as dividend drops 43%

The Mineral Resources Limited (ASX: MIN) share price is falling today amid the company’s FY22 results. The mining company’s share price is currently trading at $63.63, a 2.29% drop. For perspective, the S&P/ASX 200 Index (ASX:...

Motley Fool RHI 1 year ago
FMG chops Twiggy’s dividend after iron ore volatility cuts profits by 40%

Fortescue Metals Group profit drops 40% to US$6.2 billion after lower iron ore prices hit earnings for six (billion) Twiggy Forrest will pocket another $1.35b in dividends after $6.4b full year payout MinRes returns to dividends as it tick...

Stockhead RHI 1 year ago
Mineral Resources gives nod to $3b Onslow iron ore project as profit tumbles

Mineral Resources has struck a deal with its Red Hill Iron joint venture partners to develop the first stage of its $3 billion Onslow iron ore project.

The West RHI 1 year ago
Nod for Onslow Iron development

The Red Hill Iron Joint Venture (RHIOJV) parties have made an unconditional final investment decision (FID) to develop the iron ore assets as part of Mineral Resources (MinRes)’ Ashburton Hub development in Western Australia. The JV is curr...

Australian Mining RHI 1 year ago
Bulk Buys: The Russian coal ban is here, and that could mean even more demand for Australian miners

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...

Stockhead RHI 1 year ago
CZR joins forces to develop Pilbara Infrastructure

CZR has forged a strategic alliance with Red Hill Iron to develop shared haulage and port infrastructure in the Pilbara in a bid to maintain service whilst lowering costs at its Robe Mesa Iron ore project.

The West RHI 1 year ago
Bulk Buys: Goldman goes bearish, market goes bullish on iron ore

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...

Stockhead RHI 1 year ago
Bulk Buys: Iron ore ‘a pure demand story’ as supply struggles to grow

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...

Stockhead RHI 1 year ago
Bulk Buys: Iron ore junior Fenix takes a page out of the majors’ book with haulage deal

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...

Stockhead RHI 1 year ago
Bulk Buys: Why upside remains for iron ore prices despite the market rout

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...

Stockhead RHI 1 year ago
Bulk Buys: Australia’s biggest bank reckons iron ore and coking coal prices will stay higher for longer

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...

Stockhead RHI 1 year ago
Bulk Buys: Covid Zero policy the bull in China shop for steel market

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...

Stockhead RHI 1 year ago
Lessons from the Masters: Where is super prospector Mark Creasy looking for his next payday after Galileo’s big hit?

Mark Creasy has upped his stake in Galileo Mining after its big Callisto palladium discovery last week The billionaire prospector extraordinaire is credited with roles in the Jundee, Bronzewing and Nova discoveries in WA Creasy’s Yandal In...

Stockhead RHI 1 year ago
Bulk Buys: WoodMac thinks scrap steel will rival iron ore by 2050 in bid to curb steel emissions

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...

Stockhead RHI 1 year ago
Top 10 at 10: Which ASX stocks are pumping hard today?

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...

Stockhead RHI 1 year ago
Bulk Buys: China’s lockdowns are the nagging pain that won’t go away for iron ore miners

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...

Stockhead RHI 1 year ago
Bulk Buys: Stanmore closes $1.7 billion BHP coal buy; founder looks to repeat winning formula at emerging junior

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...

Stockhead RHI 1 year ago
Bulk Buys: China promises steel output cut, shakes iron ore futures

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...

Stockhead RHI 1 year ago
Bulk Buys: How long will Australia dine out on its iron ore and coal banquet?

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...

Stockhead RHI 1 year ago
Bulk Buys: These three juniors are queueing up to add to Australia’s high grade iron ore pipeline

Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta...

Stockhead RHI 2 years ago
Bulk Buys: Get your umbrellas – price forecasts suggest coal profits could pour for a while yet

Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo...

Stockhead RHI 2 years ago
Bulk Buys: Forecasters expected coal prices to stay sane in 2022, then Russia invaded Ukraine

Coal prices have bounded to new record highs on Russia’s invasion of Ukraine, extending the bonanza Australian based coal miners have enjoyed since the middle of last year. The stunning turnaround in metallurgical and thermal coal prices ha...

Stockhead RHI 2 years ago
Who made the gains? Here are the top 50 resources winners for February

There were 0 producers in January’s Top 50 ASX resources stocks. In February there were 12, plus a handful looking to join their ranks by the end of the year. Why? Maybe reporting season underlined just how much money miners are making from...

Stockhead RHI 2 years ago
Peel Mining (ASX:PEX) launches $23m equity raising, shuffles board

Peel Mining (PEX) is set to undertake a $23 million equity raising consisting of a $21 million placement and a $2 million share purchase plan (SPP) The company states it will use the money to continue the growth of the high-grade South Cob...

themarketherald.com.au RHI 2 years ago
A decade at the top: Peel to raise $23m to open new era of copper growth

Peel Mining (ASX:PEX) is raising up to $23m to fast track further growth at its South Cobar project, with a focus on developing a 10-year copper operation. The company has already received binding commitments for a $21m placement of shares...

Stockhead RHI 2 years ago
Resources Top 5: Experienced, very wealthy investors are betting these explorers will go all the way

Major Alliance Resources shareholder Ian Gandel tables an off-market takeover bid Peel Mining’s $23m cap raise to be cornerstoned by wealthy mine finder/company builder Josh Pitt Castle Minerals uncovers several lithium anomalies Here are...

Stockhead RHI 2 years ago
Bulk Buys: China calls for biggest iron ore marketing shake-up since 2010

Back before the last mining boom buying a tonne of iron ore was little more than a trip to the corner store, with the bulk commodity fetching prices in the range of US$30/t. When Chinese steel production and industrial growth began to overt...

Stockhead RHI 2 years ago
Bulk Buys: How big a deal is all that extra port capacity in the Pilbara?

In one of the big iron ore headline makers of the past month the WA Government has released its new plan for Port Hedland, the world’s largest iron ore export hub. The Pilbara Ports Authority has already pushed its export rate beyond the 49...

Stockhead RHI 2 years ago
Bulk Buys: S&P thinks China’s drive to reduce emissions could keep a lid on iron ore prices

Iron ore is in familiar territory right now. Talked down by analysts who predict it is due for a dive, the headline Australian commodity has been defiant in 2022 so far. Despite the column inches expended on the rise in crude oil prices so...

Stockhead RHI 2 years ago
Bulk Buys: FMG says low grade discounts are transitory, cost pressures not so much

The Pilbara iron ore miners are facing business pressures on a number of fronts, including the on again, off again story around the reopening of WA’s Covid border. The WA Government’s decision to delay its planned February 5 reopening inde...

Stockhead RHI 2 years ago