Rio Tinto teams up with Caterpillar for zero-emissions autonomous trucks

Major corporations tend to be slow-moving beasts and it takes time to shift thinking, develop plans and get approval from company boards.

The new technology was developed over more than a decade by Australia’s national science agency, CSIRO, and trialed in Australia in 2018.

“One of the things we really like in the mining sector at the moment is that large companies like Fortescue are returning cash to shareholders, and not investing in new capacity"

It now expects to produce between 320 and 330 million tonnes of the steel making ingredient in 2019, down from a previous guidance of 333 to 343 million tonnes.

Capital projects were overshadowed when investors turned their attention to other markets. That's all changing.

Iconic Grasberg copper and gold mine shoots to the top with a 70% surge in production.

The A$1.37 billion ($940m) autonomous train fleet will transport iron ore from 16 mines to ports in Dampier and Cape Lambert.

Adani Enterprises' Carmichael coal mine in Australia is assuming mythical status way out of proportion to its actual significance, even before meaningful construction starts on the controversial project.

The country accounts for more than half of the new projects in the global pipeline.