Construction has begun at Fenix Resources’ Beebyn-W11 iron ore mine in Western Australia’s Mid-West region.

Iron-ore swung between gains and losses on market uncertainty around steel output cuts and as industry stalwart Andrew Forrest expressed hope that China is serious about supporting its economy.

ASX-listed Magnetite Mines has lodged a detailed mining lease proposal (MLP) with the South Australian government for its flagship Razorback iron-ore project.

World crude steel production for the 69 countries reporting to the World Steel Association (worldsteel) was 144.7 million tonnes (Mt) in February 2025

Figures showed that the country had exported more than 58.5 million metric tons (mt) of mining and metals products in the 11 months to February 18, Press TV reported.

ISPA figures cited in local media reports on Saturday showed that Iranian steel mills had produced 26.953 million metric tons (mt) of semi-finished steel in April-February

Diversified miner Mineral Resources (MinRes) has resumed haulage operations on the Onslow Iron dedicated haul road after reaching an agreement with WorkSafe WA on safety controls and risk mitigations.

Western Australia-focused Fenix Resources has awarded a mining contract to MACA, a subsidiary of Thiess Group, for the development of its Beebyn-W11 iron-ore mine.