The Pilbara region in Western Australia is a key driver of Australia's economy, producing nearly 40% of the world's iron ore. Major mining companies like Rio Tinto and BHP operate in Pilbara, benefiting from low production costs and high global iron ore prices. China's demand for iron ore is crucial to Australia's mining sector, with both nations engaging in expanding collaborations in resource and new energy projects such as the Simandou project in Guinea.

The $2 billion Western Range project will start producing its total goal of 275 millions tons of ore

Potential $3 billion to $4 billion deal with China’s Tsingshan goes on ice after change in Baowu leadership amid downturn in nickel and steel industries

The state-owned steelmaker plans to kick off construction of multiple projects, after the domestic industry was hobbled by the sharp decline in property construction last year

China’s biggest producer seals its fourth deal of the year amid ongoing industry consolidation

State-led merger will see industry leader take over Sinosteel, which is mired in debt after an overly aggressive expansion in the early 21st century

Chinese investors led by Baowu hope to save billions of dollars by reviving long-dormant Simandou project, but face billions in infrastructure costs and high risk of plunging prices

Consortium seeks to take over Chalco’s stake of Simandou iron mine in Guinea

Hong Kong regulators tell state-owned leviathan to buy out other shareholders of Magang Group

Baowu-Magang consolidation comes as steelmakers are seeing strong growth despite broader headwinds

Several manufactures forecast stronger first half results as steel prices continue to rise and efficiency improves