Articles On Red Hill Iron (ASX:RHI)

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...

Highlights The global resource sector has witnessed an impressive journey with commodity prices surging from the lows in early 2020 to multi-year high levels. The recent production curbs on steel and aluminium production in China to li...

The biggest director trade on the ASX in the past fortnight came from one of Australia’s most famous pub barons – Bruce Mathieson of Endeavour Group (ASX:EDV). Mathieson is 63rd on the Top 22 rich list with a net worth of $1.54 billion. End...

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...

Highlights The ASX 200 has rallied to all-time highs this year, delivering a 10.25% YTD return (as of 9 September 2021). Some stocks such as SYA, FME, PRL have delivered a massive 4-digit return this year. It’s difficult to pick these...

Highlights The year 2021 had been a good one for Australian equities, with the ASX 200 delivering a 12.66% YTD return (as of 7 September 202). Some of the best ASX outperforming stocks this year are RHI, DO, PRL, etc. Picking up these...

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...

ShareCafeAustralia… One Hour In… ASX200 up 24 ASX200 up 24 points (0.3%) to 7509.   Ampol (+1%); ex div 52c.  Trading up 29c. Bendigo Bank (-2.5%); ex div 26.5c  Trading down 25c. Bovus (-1.8%); ex div 6c.  Trading down 5.5c. Coal ; CRN (+...

03 Sep 2021 - Mineral Resources (ASX: MIN) acquired a 40 per cent interest in Red Hill iron ore joint venture (RHIOJV), located in the West Pilbara region of Western Australia.

August was another month of lockdown for much of Australia’s East Coast but lockdowns and even a 2% drop in the middle of the month couldn’t stop the ASX from producing another winners list. The ASX 200 ultimately finished August 1.9% highe...

Shareholders of Red Hill Iron have voted to sell the company’s 40pc stake in the West Pilbara iron ore project to Mineral Resources for $400m and a royalty.

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...

Highlights  Iron ore prices slumped to eight-month lows on the rising concerns of coronavirus spread and expectations of slower economic growth. Iron ore prices had skyrocketed to record highs in May due to strong demand from the Chine...

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...

If you’ve been watching the recent price action in lithium stocks, this week’s edition of Hot Money may not come as a huge surprise. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RS...

Summary China’s decision to limit steel production in the second half of 2021 has taken a toll on iron ore prices. Iron ore prices have plummeted to nearly 20% in comparison to the all-time high levels. Despite closely monitoring and...

The Mineral Resources Limited (ASX: MIN) share price extended its run into the green from the start of today’s session. Over the past month, mineral resources shares have pushed 11% higher on the charts. Mineral’s shares are now exchangin...

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...

Local markets have made a strong start to the week, with the ASX200 closing 1.34% higher on Monday as some major M&A activity stole the headlines. Gains were led by the tech sector, as Afterpay (ASX:APT) showed its weight by dragging th...

The Chinese Government may be quietly satisfied after sentiment around steel production cuts finally knocked down the iron ore price, hammering it 7% to a tick over US$180/t on Friday. That led to a pretty bad day for the iron ore miners, w...

Summary Cedar Woods (ASX:CWP) acquires sites in Melbourne’s west Square, Inc. announces plans to acquire Afterpay (ASX:APT) Santos (ASX:STO) says yes to the proposed merger ratio with Oil Search (ASX:OSH) The S&P/ASX200 is up...

The Red Hill Iron Limited (ASX: RHI) share price is putting all other ASX shares to shame today, rising an astonishing 275%. This comes after the junior miner is proceeding to sell its 40% interest in the Red Hill Iron Ore Joint Venture (R...

Summary Benchmark index, the ASX 200, gained as much as 1.3% to hit a fresh record high of 7,498.70. Ten of 11 sectors were trading in green, while tech index rallied over 8%. BNPL major Afterpay surged over 24% on a takeover offer by...

Summary At the opening tick, the ASX 200 is trading 0.32% up, at 7,415.9. On Friday, US stocks closed lower, retracing further from record highs as an underwhelming earnings report from Amazon spoiled investors’ mood. Oil Search has a...

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...

The Mineral Resources Limited (ASX: MIN) share price will be in the spotlight on Monday morning. This comes after the mining services company announced it will acquire Red Hill Iron Limited (ASX: RHI)’s Iron Ore Joint Venture (RHIOJV). At...