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Big broker buys! ASX mining stocks BHP, RIO, FMG, MIN, PLS and more
The big ASX mining companies have reported earnings, and the big brokers have crunched the numbers and decided which were ...
Rio Still Driven by Iron Ore Despite Higher Near-Term Aluminum and Copper Prices
Rio Tinto’s balance sheet is sound with minimal net debt of around USD 5.5 billion at the end of December 2024 or about 0.2 times trailing 12-month EBITDA. We forecast net debt/EBITDA and net debt to ...
Reducing Fortescue's FVE by 3% on Cost and Capital Expenditure Headwinds
It built much of its capacity around the China boom peak and baked in a higher capital base than peers. This means returns are likely to lag the industry leaders who benefited from building ...
Fortescue Misses Profit Estimates, Shares Slide
An autonomous vehicle drives along a road as it collects iron ore at Australia's Fortescue Metals Group (FMG) mine in the ...
Aboriginal Group Seeks $1.1 Billion From Western Australia in Iron Ore Claim
The Yindjibarndi Ngurra Aboriginal Corporation (YNAC) says activity at the Solomon mining hub has damaged its land and people ...
Rio Tinto provides iron ore update following Tropical Cyclone Zelia
Rio Tinto’s (RIO) port, rail and mine operations have resumed after Tropical Cyclone Zelia passed over Western Australia’s Pilbara region. All the company’s people remained safe and unharmed during ...