Articles On Strike Resources (ASX:SRK)

Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo...

New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or...

Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe...

China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo...

BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i...

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...

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...

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...

Strike Resources (ASX:SRK) has received a second works approval from the Western Australian Government’s Department of Water and Environmental Regulation (DWER) to conduct transhipment operations from the Port of Ashburton in Onslow.   The...

Iron ore may not have hit record highs, but it had another volatile year in 2022 Will China’s reopening from Covid be a negative or a positive for iron ore and steel in 2023? Which stocks stand to benefit as China looks to wield its power...

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...

Strike Resources, CZR Resources and CSL Australia have entered into a binding Memorandum of Understanding to secure approvals for the construction of a 5 million tonnes per annum capacity multi-user bulk loading facility for the export of i...

Pilbara iron ore players CZR Resources and Strike Resources have joined forces with global transhipping giant CSL to push the case for a new export facility in Onslow to help cut transport costs.

Both the ASX 200 and small cap index were in the green today A massive 11 out 11 sectors finished higher let by Utilities Westpac says rising interest rates and cost of living will hit consumers and businesses after Xmas   The ASX 200 was...

It’s the end of another day in the bruising world of big business, which you’ve clearly calmly navigated by avoiding the flailing fists of your detractors on the way to the warm embrace of your loved ones. Of course, its been a busy one – s...

The ASX is poised to open higher on Wednesday after a rally in New York Oil prices higher as Saudi said OPEC+ wasn’t considering output increase Crypto broker Genesis near bankcruptcy The ASX is set to open higher on Wednesday after a bro...

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...

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...

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...

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...

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...

ASX 200 ends 1.7% higher Small caps ahead 2.1% China’s odd. Hawson’s Iron down 75% this week. Toys R Us are killing it.   The ASX 200 and the Emerging Companies (XEC) index fell 1.7% and 2.1% respectively on Tuesday. Almost the full 11 se...

ASX 200 ends 1.4% lower Small caps slide 0.4% Strike strikes and I don’t know why    The ASX 200 and the Emerging Companies (XEC) index fell 1.4% and 0.4% respectively on Monday. US stocks were no help at all after collapsing sharply on F...

ASX closes 5,5% higher than Monday night Small cap index finds 1.3% AD1 up 40% on zilch   That’ll do pig, that’ll do. I’m pretty sure everyone gets the above reference to George Miller’s classic outcast movie Mad Babe, a real slow burn Au...

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...

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...

The ASX 200 gains 0.2%   Small caps end slightly lower  The hunt for red (ETF) September   The ASX 200 has made a decent fist of Thursday, rebounding in its own way and ending the session 0.2% higher. The energy sector led gains again. Th...

Maiden drill program planned at Auroch’s Nevada lithium project Caspin hits high grade rhodium, which sells for $US15,000oz Gold-lithium explorer Kairos now up 50% in 5 days on no news Here are the biggest small cap resources winners in e...

ASX 200 gains 1%  Small Caps index does the same, but then gives it all back ODE wins and NIC MD Justin Werner: Hengjaya joins world’s best nickel resources   The ASX Emerging Companies index (XEC) has given all away its early gains on Mo...

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...

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...

Strike Resources has exported its first shipment from the company’s Paulsens East mine with 66,618 tonnes of iron ore with a grading of 62 per cent bound for China after being purchased by a Hong Kong buyer.

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...

Low iron ore prices have forced Strike Resources to pause further shipments from the Utah Point multi-user bulk handling facility at Port Hedland, Western Australia. The company said the receipts, relative to those earlier in the year, toge...

Small cap index up 1.1%, stronger than benchmark, but both do good, run hard.   Wall Street snaps 3-day losing streak, China could be back in stimmy mode Uranium’s gone insanium   The ASX 200 is up 0.7% and the Emerging Companies (XEC) in...

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...

Strike Resources (SRK) schedules the departure of its maiden shipment of Paulsens East lump iron ore for this month Strike has around 60,000 tonnes of Paulsens East lump direct shipping ore stockpiled at Port Hedland, with a departure date...

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...

Strike Resources will send its maiden load of direct-shipping lump iron ore to China late this month. The 68,000-tonne shipment from Port Hedland will be 13,000 tonnes bigger than previously announced.

Strike is poised to make its maiden shipment of premium lump iron ore from its Paulsens East project in the Pilbara to a Hong Kong-based buyer. While the shipment will not be the company’s first go at the rodeo, with iron ore shipments from...

Strike Resources has received further approvals from the state regulator as the company looks to switch ports and establish a shorter trucking route for exports from its Paulsens East iron ore mine in WA.

Environmental Works Approval has been granted for the export of 1.8Mtpa of iron ore from the Port of Ashburton in Onslow, Western Australia. It also allows the company to undertake the bulk export of iron ore from the Port of Ashburton, wh...

The ASX 200 is set to open lower on Wednesday Wall Street drops overnight ahead of the FOMC meeting Australia’s June CPI number to be released today Local shares are set to open lower today. At 8.30am AEDT, the ASX 200 August futures is p...

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...

Hard rock – initially cost intensive, produces lithium hydroxide for battery makers Lithium brines – cheaper to develop, produce lithium carbonate Producing lithium from clays and geothermal brines is probably your Plan C   The market del...

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...

Emerging Companies (XEC) index rises on Tuesday, up over 1.2% ASX 200 same, but a wee bit more Lode Resources rises sharply on more than just a sliver of silver   Everything’s higher on Tuesday. Not by a heap, but enough to cancel the co...