IOZ iShares Core S&P/ASX 200 ETF
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Australia's two major mining giants cooperate to test electric mining trucks to pave the way for the 2050 net zero target
① Rio Tinto, a major Australian mining company, announced cooperation with BHP Billiton Group to test large-scale electric transport truck technology in the Pilbara region of Western Australia; ② This test will evaluate the performance and productivity of electric trucks in the Pilbara mining environment; ③ The move aims to achieve the goal of the two companies to achieve net zero greenhouse gas emissions from operations by 2050.
Australian Inflation Moderates, Wage Stable in May, Says Melbourne Institute Survey
Inflation expectations in Australia slid 0.5 of a percentage point to 4.1% in May, according to the Melbourne Institute Survey of Consumer Inflationary Expectations released Thursday. The recent figur
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Energy giant warns: Australia may face gas shortages before 2030
① Earlier this month, the Australian Government released a long-term plan called the “Future Gas Strategy”, which emphasizes that natural gas will play an important role during the energy transition; ② CEO Woodside warned that if the government does not act, the east coast of Australia will face a gas shortage by 2028, and the west coast will face a shortage in 2030.
BHP CEO to Meet With Anglo American Head at Conference This Week - Reports
The BHP (NYSE:BHP) CEO will meet the head of Anglo American Plc (OTCQX:AAUKF) this week at a conference in the U.S. after Anglo rejected the miner's recent $39 billion offer last month.
Brazil Rejects Vale-BHP Settlement Offer in 2015 Deadly Dam Collapse
Brazil's government rejected a proposal Friday by Vale (NYSE:VALE) and BHP (BHP) to pay 127B reais, or ~$25.7B, in total compensation for the 2015 tailings dam disaster at the companies' Samarco iron ore joint venture.
BHP Billiton is bound to win? Consider increasing the acquisition offer for British and American resources
After BHP Billiton's initial $39 billion takeover offer to Anglo-American Resources Group was rejected, according to a source familiar with the situation, BHP Billiton is considering making a higher purchase offer.
BHP Considers Improving Anglo American Bid After Rejection - Bloomberg
BHP Group (NYSE:BHP) is evaluating making an improved offer for Anglo American PLC (OTCQX:NGLOY) after its $39B bid was rejected by the miner.
Is the IShares Core S&P/ASX 200 ETF (IOZ) a Good Long-term Investment?
Chile Needs Permitting Reforms to Boost Mining Investment, BHP and Rio Execs Say
Chile's government must quickly approve a proposal to streamline permitting for the mining industry in order to unlock investment in the world's top copper-producing country, BHP (NYSE:BHP) President Americas Brandon Craig said Tuesday.
Applied Materials, BHP Group, Allstate And More On CNBC's 'Final Trades'
On CNBC's "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named U.S. 2 Year Treasury Note, which is almost at a 5% yield. Jim Lebenthal of Cerity Partners named Applie
BHP Cuts Workforce; US Steel Issues Q1 Guidance; Buenaventura Get Operating Permit And More: Monday's Top Mining Stories
Top Stories for March 18, 2024:1. BHP Group Ltd (NYSE:BHP) reportedly cut about a quarter of its contractor workforce (around 100 people) at its West Musgrave project in Western Australia. This decisi
BHP To Slash Australian Workforce As Nickel Market Downturn Continues
BHP Group (NYSE:BHP) has begun reducing its Australian workforce. What Happened: The global miner's decision came after a substantial slump in nickel prices attributed to a surge in supply, particular
BHP Scales Back: Contractor Workforce Reportedly Trimmed At West Musgrave Project In Western Australia
BHP Group Ltd (NYSE:BHP) reportedly disclosed that certain contractors at its West Musgrave project in Western Australia have departed amid deliberations on freezing its nickel division due to a steep
BHP Cuts Contractors at West Musgrave Nickel and Copper Project - Report
BHP (NYSE:BHP) has cut ~100 workers constructing its West Musgrave nickel and copper project in Western Australia, Australian Financial Review reported Sunday, in the latest move by a major mining company to reduce costs in an environment of weak commodity prices.
Amazon, Super Micro Comp., and Goodman Group Among Largest Buys by Notional - UBS
Australian energy giant: Global LNG demand will increase by 50% in the next 10 years
① Australian energy giant Woodside (Woodside) said that global liquefied natural gas (LNG) consumption is expected to increase by 50% in the next 10 years, and the company is considering further expanding its business; ② Australia is one of the world's largest LNG exporters, and Woodside is the country's largest LNG exporter.
Profits plummeted due to depreciation of BHP Billiton H1 assets, but demand in the Chinese market is still healthy
On Tuesday, BHP Billiton Group, the world's largest mining company, announced financial results for the first half of the fiscal year.
EV Battery Metal Market Faces Downturn As Prices Plummet: What's Next For The Industry?
The electric vehicle (EV) industry is experiencing a significant shift as producers of lithium and nickel, essential components in lithium-ion batteries, are pausing projects and shutting down mines in a bid to conserve cash.
Brazilian Judge Slams Mining Giants Vale and BHP With $9.67B Charges Over Dam Collapse: Report
Mining Giants Vale SA (NYSE:VALE) and BHP Group Ltd (NYSE:BHP) and their joint venture Samarco had been reportedly slammed with charges related to the 2015 dam collapse by a Brazilian federal judge.Th