Debate Heats Up on Future of Australia’s Mining Hub

Debate Heats Up on Future of Australia’s Mining Hub

Good morning folks, it’s Adam here in Sydney bringing you all the latest news from our bureaus across the globe. Today’s must-reads:• Rio Tinto executive defends future of the Pilbara• Bitcoin hits record high • Ex-BofA banker faces insider trading probe

Andrew Forrest, Rio Tinto spar on future of Pilbara iron ore in green steel era

The Fortescue chairman said the world’s biggest iron ore importer was increasingly looking at Brazil and Africa, and local mining giants were “going down”.

Australia’s green iron and steel race – Global competition leaves no time to wait for technology

22 May 2025 (IEEFA AUSTRALIA) | Australia is in a race against time to kickstart its transition to green iron and steel. As international competition intensifies, it cannot afford to wait for emerging technologies to mature.