Articles On Red Hill Iron (ASX:RHI)

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...

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...

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.

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...

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...

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...

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...

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...

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...

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’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 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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

The iron ore market does not offer the simple narrative that it did in the first two decades of the 21st century nor that of the suite of “green metals” like lithium, nickel and copper now hitched to electric vehicle sales and efforts to ma...

Highlights Multibaggers refer to the stocks that deliver returns multiple time larges than the cost of purchase. Several ASX-listed stocks managed to give eye-popping returns in 2021 despite COVID-19. SYN, RHI and PRL are a few stocks...

Highlights  Many Australian businesses experienced ups and downs in 2021 for a variety of reasons. However, by overcoming all obstacles, some companies were able to earn a return of over 1000%. In 2021, fortune shone on investors in th...

2021 was overall a more stable year than 2020 for ASX investors, but some companies still experienced hefty gains – some across the whole year but others on just a single trading day. In 2021 there were 17 ASX companies that rose by 200% or...

Gina Rinehart is back in action, this time to revive one of Australia’s longest delayed iron ore projects. Rinehart and her company Hancock Prospecting signed a development agreement this week to lead a bankable feasibility study on the Har...

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

Coal mining is hardly popular but governments around the world, most of whom have promised to work to reduce the impacts of climate change, can’t get enough of it. It may be getting harder to finance and gain approval for mining coal, the b...

Iron ore has been unpredictable in 2021 and it would be a brave person to make a hard and fast call on where it will end up in 2022. In fact, with the whims of the Chinese Communist Party and vagaries of its economy one of the major factors...

The topsy turvy data coming out of China’s steel sector continues to roll on after the world’s biggest steelmaker revealed iron ore imports hit a 13-month high in November despite sliding steel production. China’s appetite for iron ore roar...

Highlights ASX 200 has had one of the best years [2021] since its inception. With 2021 just about to end in a month, investors have already raked in massive gains, especially in the metals and mining stocks. SYA, PRL, LKE etc., are so...

Lithium minnow MinRex added to Garimpeiro’s imaginary, high-performing five-stock portfolio Labyrinth hits visible gold, hires former Northern Star geology boss Scorpion (gold, iron ore, nickel-copper, PGEs), Brockman (iron ore) and Kaili...

Hancock Prospecting is making a big move into magnetite iron ore, this week inking an initial $9 million deal to farm into the Mt Bevan iron ore project owned by juniors Legacy Iron Ore (ASX:LCY) and Hawthorn Resources (ASX:HAW). It’s an in...

Highlights  Stocks offering high returns attract market participants. Stocks delivering strong return gives a positive impression about the Company. RHI, RNU, CAE, PH2, CTT are a few top players offering YTD returns of more than 500%....

Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts...

The ASX 200 rose 0.64% on the first trading day of the month. All sectors were in the green except financials – a sector dragged down by Westpac (ASX:WBC) following its results. The best sectors were consumer discretionaries, telcos and uti...

Local stocks lost ground on Thursday, with minor falls at the big end of town and a slightly steeper drop of ~0.8% for the microcap Emerging Markets Index. The ASX opened with a weak lead from Wall Street, after a fortnight of steady gains...

If there was any doubt about the importance of grade in iron ore, check out the latest numbers from Mineral Resources (ASX:MIN). Chris Ellison’s miner suffered a 48% discount to average Platts 62% iron ore prices in the September Quarter. T...

The Mineral Resources Limited (ASX: MIN) share price is plummeting on the back of the company’s quarterly report. Over the first quarter of financial year 2022, Mineral Resources’ realised iron ore price represented a realisation of 48% to...

One of the biggest exploration success stories of the decade prior to COVID-19 was copper play Sandfire Resources (ASX:SFR). A struggling explorer at the time the GFC hit, it stumbled across the DeGrussa copper-gold deposit and is now a $2...

Highlights The ASX 200 benchmark is a home to wide range of shares from food and technology to infrastructure. Usually, kids are the most left behind, when it comes to share market for obvious reasons, but their parents can still gift...

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...

Minerals explorer Zenith Minerals has enjoyed a massive rerating over the past 12 months, with its share price soaring more than 80%. That came on the back of exposure Zenith Minerals (ASX:ZNC) had to the emerging top-tier Earaheedy zinc di...

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...