Business
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of…
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BHP
Business
BHP is stuck on the sidelines of copper M&A frenzy it started
Glencore has a market capitalisation of about US$73 billion while Rio is valued at US$138 billion BHP Group’s bold bid to buy rival Anglo…
Business
BHP strikes US$2 billion funding deal with GIP for iron ore power network
The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake BHP Group said on Tuesday (Dec 8)…
Unsorted
BHP walks away after fresh approach for Anglo American fails
Under the UK Takeover Code, the company is now barred from making a bid for six months BHP Group confirmed it held preliminary discussions…
Business
BHP makes renewed takeover approach to Anglo American: sources
BHP Group has made a renewed takeover approach to Anglo American, the London-listed miner that is itself seeking to reshape the industry…
Business
China and US ‘just flexing muscles’ over critical metals, BHP chair says
The US and China are battling to project power as they compete to secure critical minerals supply, the new chair of BHP said on Thursday,…
Business
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter…
Business
BHP sharpens Asia focus; bets on copper, potash over rare earths
Asia’s demand resilience underscores the mining giant’s commitment to the region BHP is doubling down on Asia as the centre of gravity for…
Business
China bans all BHP iron ore cargoes as pricing dispute deepens
China’s state-run iron ore buyer has told major steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes,…
Business
China’s mining giant Zijin tops US$100 billion in value to near BHP, Rio Tinto
China’s Zijin Mining Group is worth more than US$100 billion at the market close for the first time, after a decade-long growth push…
Business
BHP banks on China export resilience and India growth for demand
China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an…
Business
BHP posts smallest annual profit in five years on lower iron ore prices
BHP Group reported its smallest annual underlying profit in five years and its lowest dividend in eight years on Tuesday, but said demand…
Business
BHP leads steelmaker venture in Asian carbon capture storage
The study is expected to conclude in 2026 and will focus on sites in Asia or Northern Australia The world’s biggest miner, BHP Group, will…
Unsorted
BHP delays Jansen potash project as costs surge; logs record copper output
BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the…
Business
BHP partner says Filo copper discovery is largest in 30 years
Copper mines are getting harder and much more costly to develop, even as global demand for the metal is projected to increase given its…
Business
BHP sees recovery in steel and copper demand, logs lowest profit in six years
BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global…
News
RIO & BHP to Build Electric Smelting Furnace Plant to Lower Emissions
Rio Tinto RIO has joined forces with BHP Group BHP and BlueScope to develop Australia’s largest ironmaking electric smelting furnace (ESF)…
News
SAIL-BHP sign pact to work on low-emission steel-making strategies
These workstreams will consider the role of alternate reductants such as the use of hydrogen and biochar for blast furnaces. Image: SAIL's…