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.
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.
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.
Rio Tinto's Management Greenlights World's Largest Global Mining Project
Rio Tinto's (OTCPK: RTNTF) board has approved Guinea's Simandou iron ore project, marking it the world's largest mining endeavor. CEO Jakob Stausholm confirmed the news about the $20 billion project.
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
The situation in the Red Sea is tense, and “Rashoumen” is frequent, and mining giant BHP Billiton also joins the detour army
As Yemen's Houthis continue to launch attacks on targets in the Red Sea, and each party has its own arguments about “whether the missile has hit or not,” a deeply troubled multinational giant continues to join the ranks of “circumventing the Cape of Good Hope” — according to the latest news on Thursday, mining giant BHP (BHP) is the latest well-known case.
The “merger plans” of Australia's two major LNG giants will allegedly not be finalized until at least February
① Australian energy giants Woodside and Santos confirmed last week that they have begun negotiations on a potential merger deal; ② A person with direct knowledge of the negotiations said that the merger agreement may not be finalized until at least February next year; ③ Currently, both companies are hiring banking groups as advisors.
Are changes in the LNG industry imminent? Australia's two giants discuss a consolidated valuation of up to 52 billion US dollars
① According to reports, Australia's two major oil and gas giants, Woodside and Santos, may merge at a price of 52 billion US dollars; ② the merger reflects the high scale requirements of the liquefied natural gas (LNG) industry; ③ Some analysts believe that this is a reasonable deal from the perspective of value and risk diversification.
BHP Picks Pant as New CFO in Executive Shakeup
This Is What Whales Are Betting On BHP Group
Whales with a lot of money to spend have taken a noticeably bearish stance on BHP Group.