In Q4 2024, Pilbara operations' iron ore production (100% basis) was 73.07 million mt, up 2.1% QoQ and 0.6% YoY.

Indonesian coal player PT Bayan Resources Tbk announced that Andi Syamsuddin Arsyad, also known as Haji Isam, will acquire 10.0 billion Bayan shares through PT Jhonlin Baratama. Bayan's management said the proposed transfer of the controlling shares was formalised through a Conditional Sale and Purchase of Shares Agreement signed on 16 September by company founder Low Tuck Kwong and his daughter Elaine Low. The agreement covers the proposed transfer of 10,000,000,500 ordinary Bayan shares. However, Bayan said completion of the transaction remains subject to the fulfilment of several conditions precedent.

Since late July 2026, the two-way disruption to the Black Sea steel supply chain has triggered a chain reaction in global markets; the key factor behind the disruption to trade flows lies not only in the loss of production capacity, but also in the fact that soaring freight costs and war-risk premiums have completely eroded the arbitrage opportunities. This disruption has led to a fundamental reorganisation of global trade flows in semi-finished steel products.