EPA gives nod for 50Mt/y Port Hedland expansion

The Western Australian Environmental Protection Authority (EPA) has given the go-ahead for a 50-million-ton-a-year expansion at the Port Hedland port. The development of the multi-user facility was key to the expansion plans of proponent...

Atlas inches closer to full takeover of FerrAus

Iron-ore miner Atlas Iron has secured a 94.95% shareholding in takeover target FerrAus, with the company saying on Wednesday that it would launch a compulsory acquisition of all the outstanding FerrAus shares at the close of the offer on October...

Atlas increases stake in FerrAus

ASX-listed Atlas Iron has secured a 69.95% shareholding in takeover target FerrAus, as the close to the takeover offer nears. During June this year, the two iron-ore miners announced that they would consolidate their iron-ore assets in the South...

Atlas declares FerrAus offer unconditional

Iron-ore miner Atlas Iron has declared its takeover offer for FerrAus unconditional, after it gained a 60.48% interest in the company. Atlas would now proceed to nominate candidates to the FerrAus board, MD David Flanagan said.

FerrAus shareholder takes up Atlas offer

Iron-ore miner Atlas Iron’s takeover offer for fellow listed FerrAus has gained traction, with FerrAus’ major shareholder China Railway Materials accepting the offer. China Railway Materials has provided FerrAus with a letter indicating that...

Wah Nam says FerrAus offer to lapse on July 15

China’s Wah Nam International would allow its takeover offer for iron-ore junior FerrAus to lapse on July 15, the company reported on Tuesday. This comes after FerrAus announced on Monday that it had reached an asset sale and takeover agreement...

Pilbara miners Atlas Iron and FerrAus announce deal

Iron-ore junior FerrAus has recommended a takeover offer from fellow-Pilbara miner Atlas Iron in a move that could put a stop to an unsolicited takeover offer from China’s Wah Nam International. FerrAus and Atlas on Monday announced in a joint...

Brockman again urges shareholders to reject Wah Nam

Iron-ore junior Brockman Resources on Monday again urged shareholders to reject a takeover offer by China’s Wah Nam, despite that company declaring the offer unconditional. Hong Kong-based Wah Nam’s off-market takeover bid of 30 of its own...

FerrAus may reconsider Wah Nam offer

Emerging iron-ore developer FerrAus on Thursday told shareholders that it “may reconsider” its recommendations regarding a takeover from China’s Wah Nam, after that company waived its 90% acceptance condition. FerrAus said in a statement...

Wah Nam extends takeover offer for Australian juniors

China’s Wah Nam International has extended its takeover offer period for Australian juniors FerrAus and Brockman Resources to April 15. The original closing date for both offers was March 15.

Brockman and FerrAus deny rumours of merger

Iron-ore miner Brockman Resources and fellow-listed FerrAus on Tuesday denied media speculation that the two companies were involved in merger discussions. Brockman told shareholders that it remained focused on delivering the Marilana project, in...

FerrAus still in talks with BHP on rail access

Iron-ore miner FerrAus on Friday reported that negotiations with diversified giant BHP Billiton, regarding the use of its Mount Newman railway line, were still continuing. FerrAus was responding to media reports stating that talks with BHP had...