ASX Iron Ore Stocks
The bulk miners and juniors whose earnings track one Chinese steel input price.
9 constituents · short positions as of · ASIC data, T+4 delay
Median short
1.57%
across 9 constituents
Most shorted
RIO
9.80% of issued capital
Biggest 4-week riser
MIN
+0.51pp in 4 weeks
Above 5% short
2
of 9 constituents
Theme short interest over time
Weekly average · shaded band is the constituent rangeConstituents
| Code | Company | Industry | Short % | Δ 4w | Price | Δ 1m | Days to cover |
|---|---|---|---|---|---|---|---|
| RIO | Rio Tinto | Materials | 9.80% | -0.2pp | $161.97 | -8.0% | 38.8 |
| CIA | Champion Iron | Materials | 6.01% | -0.2pp | $2.88 | -17.0% | 13.4 |
| MIN | Mineral Resources | Materials | 4.67% | +0.5pp | $49.67 | -20.7% | 7.9 |
| FMG | Fortescue | Materials | 3.61% | +0.4pp | $15.79 | -9.9% | 16.5 |
| BHP | Bhp Group | Materials | 1.57% | +0.3pp | $61.19 | -2.2% | 10.7 |
| FEX | Fenix Resources | Materials | 0.69% | +0.2pp | $0.235 | -6.0% | 7.7 |
| MGX | Mgx Resources | Materials | 0.01% | -0.0pp | $0.315 | -11.3% | 0.4 |
| GRR | Grange Resources Limited. | Materials | 0.00% | — | $0.11 | -15.4% | 0.0 |
| RHI | Red Hill Minerals | Materials | 0.00% | -0.0pp | $4.01 | -15.2% | 0.0 |
Membership is curated and verified against company metadata — a wrong member is worse than a missing one. Refine further in the screener.
Latest iron ore news
- BHP or Rio? Brokers at odds over the ASX’s best copper stock
BHP · afr · 9 Oct 2026
- Fortescue vs BHP: Which ASX miner is better for passive income in October?
BHP · motleyfool · 9 Oct 2026
- Is the Fortescue share price a bargain buy?
FMG · motleyfool · 8 Oct 2026
- BHP Group (ASX:BHP) Agrees Kambalda Nickel Concentrator Divestment - Simply Wall Street
BHP · googlenews · 8 Oct 2026
- Rio Tinto Shares Hit Resistance at Key Moving Average, Down 9.68% on Month - TheBull.com.au
RIO · googlenews · 8 Oct 2026
- Shareholdings of KMP / PDMR
RIO · asx · 8 Oct 2026
- Chris Ellison Granted 2,027 Dividend Equivalent Rights Under Mineral Resources' Equity Incentive Plan
MIN · kalkine · 8 Oct 2026
- What Does Mineral Resources’ (ASX:MIN) Leadership Change Mean?
MIN · kalkine · 7 Oct 2026
About this theme
Iron ore is the largest single earnings exposure on the ASX and the most direct listed bet on Chinese construction. The majors are low-cost enough to stay profitable through most of the cycle, so shorting them is a macro position — a view on Chinese steel output, on new Guinean supply arriving, or on the discount applied to lower-grade product. The juniors are a different trade entirely: their margins are thin, their shipping and haulage costs are fixed, and a modest fall in the benchmark price can erase the spread between cost and revenue. Short interest in the majors therefore tends to be small in percentage terms but enormous in dollars, while the juniors show high percentage short interest on much smaller registers. Days-to-cover, not short percentage, is the meaningful comparison across this theme.
Short positions come from official ASIC short position reports (published with a T+4 trading-day delay) joined with daily price and volume data. The chart averages the constituents reporting in each week and shades the range between the least and most shorted of them; a member with no data that week is absent from the average rather than counted as zero.