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 existing infrastructure BHP Group and Rio Tinto Group,…
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BHP
BHP is stuck on the sidelines of copper M&A frenzy it started
The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal BHP Group’s bold bid to buy rival Anglo American in 2024 was…
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) that BlackRock-owned Global Infrastructure Fund (GIP)…
BHP walks away after fresh approach for Anglo American fails
Under the UK Takeover Code, the Australian mining giant is now barred from making a bid for six months BHP Group confirmed it held preliminary discussions with rival miner Anglo American…
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 with an acquisition of Canada’s Teck Resources,…
Global mining giant BHP is found liable in Brazil’s worst environmental disaster
A London judge ruled Friday that global mining company BHP Group is liable in Brazil’s worst environmental disaster when a dam collapse a decade ago unleashed tons of toxic waste into a…
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, downplaying any potential for the global miner to…
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 output for the steelmaking element slightly missed…
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 global commodity demand, while placing long-term…
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 that’s put it in the big league of metals miners along…
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 uncertain global outlook, according to BHP Group. The…
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 miner reported record annual copper production…
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 role in the energy transition ’s…
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) pilot plant in Western Australia. The BHP-RIO…
Brazil environmental disaster victims take case against mining giant BHP to UK court
LONDON (AP) — Victims of Brazil’s worst environmental disaster were taking their case for compensation to a UK court on Monday, almost nine years after tons of toxic mining waste poured…