The Mt Bevan magnetite project is on track to achieve several key milestones with help from a forward works plan.

Brazilian mining giant Vale has started financing the Iron Bear Iron Ore Project (IBP) in Canada, Mining Weekly reports.

The Brazilian exports of pig iron have reached 191,000 mt in February against 313,600 mt in January, according to the foreign trade authority, SECEX.

Rio Tinto announced it will invest USD 1.8 billion to develop the Brockman Syncline 1 iron ore project.

Rio Tinto is set to invest $US1.8 billion ($2.8 billion) to develop the Brockman Syncline 1 (BS1) project in the west Pilbara region of Western Australia.

Rio Tinto said on Monday that its iron ore export facility in Western Australia's Dampier port resumed operations after being offline for over five weeks due to flooding from tropical cyclones.

Australia on Thursday allocated A$1 billion ($636 million) to a fund that will support the manufacture of green iron and its supply chains, including an initial A$500 million to bail out the Whyalla steelworks in South Australia.

Australia on Thursday allocated A$1 billion ($636 million) to a fund that will support the manufacture of green iron and its supply chains, including an initial A$500 million to bail out the Whyalla steelworks in South Australia.