Dec 19, 2014 Articles | Featured | Government & Policy | State of the Market
The fall in the iron ore price is likely to get a solid run as a big part of the reason for the Federal Government’s bad news it will deliver this morning in Treasurer Joe Hockey’s MYEFO update. But Westpac’s head of market research Rob Rennie, writing in his monthly wrap of shipping activity in Read the full article…
Jul 15, 2014 State of the Market | Video
View Business Development Manager, Conor Gannon’s market update for the Pilbara. click here to see the update on our YouTube Channel.
Mar 25, 2014 Articles | Featured | State of the Market
Gina Rinehart’s Roy Hill iron ore project has secured a $US7.2 billion finance deal with a consortium of lenders including Australian banks. The iron ore mine in the Pilbara region of Western Australia is the biggest mining construction project in Australia and will employ thousands of people at its peak. The finance deal is made Read the full article…
Mar 25, 2014 Articles | State of the Market
The Port Hedland Port Authority has been quietly working on proposals to increase access to port space for iron ore miners, considering proposals for new terminals at Finucane Island and Lumsden Point. PHPA yesterday confirmed it was considering proposals for both outer and inner-harbour developments aimed at providing precious new space for existing exporters and Read the full article…
Dec 19, 2013 Articles | State of the Market
VALLEY OF THE KINGS, AUSTRALIA: A fleet of charter flights ferry thousands of workers to and from this outback mine site. The resort-like housing offers gourmet food, cheap alcohol, swimming and well-equipped gymnasiums. Australian iron ore mining seems immune from the spending crunch afflicting other commodities as a slowdown in Chinese growth cools a decade-long Read the full article…
Aug 19, 2013 State of the Market
Fortescue Metals Group today officially opened the $US2.4 billion expansion of its port facilities in Port Hedland. WA Treasurer and Transport Minister Troy Buswell officially opened FMG’s fourth berth at Herb Elliott Port, representing the last major component of an expansion that has lifted the company’s export capacity to 155 million tonnes per annum. Fortescue Read the full article…
Dec 13, 2012 State of the Market
Perth property market set to rise in 2013 Perth will be on par with Darwin for having the highest growth in median house prices for 2013, a national report has predicted. House prices in Perth could increase between 5 and 7 percent over 2013, according to Australian Property Monitors’ annual State of the Market Report. Read the full article…
Dec 3, 2012 State of the Market
FMG is full steam ahead with its rail expansion. Take a look at the recent Financial Review article Fortescue Metals Group has commissioned the Hamersley rail linking its new Solomon Hub of mines to Port Hedland, as it looks to expand its iron ore production by 20 million tonnes a year from the first mine Read the full article…
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