BHP approves $4.5b South Flank iron ore mine in Western
BHP has warned of rising cost pressures as it and Fortescue Metals Group push ahead with $6 billion of new iron ore projects in Western Australia, with the scramble for workers and equipment set to intensify should Pilbara rival Rio Tinto pull the trigger on its own expansion.
Macarthur Minerals—Diversified Gold, Lithium and Iron Ore
Macarthur Minerals Ltd (TSXVMMS) is an Australian resources company focused on the identification and exploration of gold and high-grade lithium in Australia's Pilbara region. The company is also developing two iron ore projects in Western Australia and has a lithium exploration project in Nevada.
Iron Ore Western Australia, Iron Ore Mining Production
Mount Gibson Iron Limited (ASX Code MGX) is an independent Australian producer of high quality direct shipping grade iron ore products. Mount Gibson has established iron ore mining and export operations in Western Australia.
BHP, partners to build $3.4 billion iron ore mine in Australia
LONDON/MELBOURNE (Reuters) BHP (BHP.AX) (BLT.L) on Thursday approved $2.9 billion (2.19 billion pounds) in spending to build a new iron ore mine in Australia, the top global miner's biggest investment commitment in seven years.
Australia's mining industry rose from 32% to 71% between 2004-05 and 2014-15. Iron ore's share of the value added by Western Australia's gross state product rose from 7% to 18% between 2004-05 and 2014-15. The value added by Western Australia's iron ore industry fell 21% to $45.1 billion in 2014-15.