BHP confident China property recovery will boost metals demand
Mining News Pro - BHP Group Ltd. is confident China’s troubled property market will turn around in coming months, despite gloomy economic signals pushing iron ore and copper prices back to levels last seen during the Covid Zero era.
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BHP to grow iron ore and potash stock
Mining News Pro - BHP is looking into initiatives to grow its iron ore production to 300 million tonnes per annum.
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Rio and BHP on the hunt for tailings alternatives
Mining News Pro - Major miners BHP and Rio Tinto are inviting expressions of interest for a range of new tailings technology partners.
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Visit: 67
BHP urges Chile gov’t to make further concessions on tax bill with $10bn at stake
Mining News Pro - BHP Group is looking for Chile’s government to make further concessions on a tax bill currently under debate in the senate before proceeding with an estimated $10 billion in investments in the country.
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BHP, Antofagasta call for more dialogue in Chile copper royalty proposal
Mining News Pro - BHP and Antofagasta Minerals called on Tuesday for greater government dialogue to prevent a controversial copper mining royalty project from affecting competitiveness.
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Visit: 43
BHP seeks to tighten grip on South America’s copper sector
Mining News Pro - BHP (ASX: BHP), the world’s largest miner, is hoping to expand its investments in Argentina’s copper sector, where it already has a presence through its 9.9% stake Canada’s Filo Mining, the junior developing the Filo del Sol copper-gold-silver project straddling the border with Chile.
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BHP trials renewable fuel at Yandi iron ore operations in Western Australia
Mining News Pro - The world’s biggest miner, BHP said Thursday it is trialling the use of Hydrotreated Vegetable Oil (HVO) to help power mining equipment at its Yandi iron ore operations in Western Australia.
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Brazil okays BHP’s $6.6 billion acquisition of OZ Minerals
Mining News Pro - Brazilian regulators have cleared BHP’s intended acquisition of Australian copper-gold producer OZ Minerals for A$9.6 billion ($6.6bn), bringing the world’s no.1 miner closer to securing its biggest deal in more than a decade.
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BHP strikes deal to look for copper in Serbia
Mining News Pro - BHP Group struck a deal to look for copper in Serbia as the world’s biggest mining company expands efforts to find new deposits of the metal essential for the green revolution.
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BHP expects China to underpin commodities demand in 2023
Mining News Pro - China is set to be a stabilizing force for commodities demand this year as developed nations face economic headwinds, BHP Group Ltd said on Thursday as it posted higher quarterly iron ore shipments that edged past expectations.
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BHP says Vale must share damage costs in Fundao dam collapse lawsuit
Mining News Pro - Although Samarco, a joint venture between BHP and Vale, operated the dam, the class action involving around 200,000 people does not name Vale.
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Visit: 276
BHP averts strike at world’s biggest copper mine
Mining News Pro - The deal, which was subject to vote, came after days of negotiations with union representatives, who had called for a strike on November 21 and 23 due to multiple “non-compliances, infractions and violations” allegedly committed by BHP.
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BHP tries to avert strike at Escondida copper mine in Chile
Mining News Pro - The deal with Sindicato 1, which represents more than 2,000 workers, must still be approved by members of the union, which have been called to vote on it Monday.
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OZ Minerals backs BHP’s improved $6.5 billion offer
Mining News Pro - In what could be the largest mining deal in Australia in 11 years, BHP made a new cash offer of A$28.25 per share on Friday that was 13% higher than a A$25 per share proposal rejected in early August as “opportunistic” and undervalued.
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Visit: 323
BHP lifts steel consumption forecast on surging demand from renewable power farms
Mining News Pro - BHP Group Ltd lifted its long-term demand forecast for steel as a global shift towards the decarbonization of power generation will boost requirement of the commodity, the world’s largest listed miner said on Monday.
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BHP says copper strategy does not depend on M&A after OZ Minerals snub
Mining News Pro - BHP Group’s plans to grow its copper business are not dependent on acquisitions, the global miner’s chief executive told shareholders on Thursday, after the rebuff of its bid to take over a smaller Australian copper and nickel firm.
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Visit: 448
BHP urged to step up climate advocacy by shareholder activists
Mining News Pro - Australian mining giant BHP Group should “proactively advocate” for stronger climate policy, according to a new shareholder resolution lodged by an activist investor group.
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Visit: 350
BHP sees copper market “take-off” by mid-2020s “if not earlier”
Mining News Pro - After falling to 20-month lows in July, copper fought its way back to the $8,000 a tonne last week on hopes the worst of the slowdown in China was over. But now the bellwether metal is flirting with a bear market again — with a nearly 20% decline so far in 2022.
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Visit: 165
BHP hits profit record and sees demand healing in China
Mining News Pro - BHP Group, the world’s biggest miner, posted its highest ever full-year profit on record commodity prices, and will push ahead with growth options on a stronger demand outlook in China.
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A Record Breaking Week For BHP and some Other Mining Companies
Mining News Pro - Rival miners have cautioned over a weaker outlook and Rio Tinto Group last month reported a decline in first-half profits and halved its dividend.
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Visit: 337
BHP, Pan Pacific Copper and Norsepower partner to reduce emissions on shipping routes
Mining News Pro - BHP has partnered with Pan Pacific Copper – a member of JX Nippon Mining & Metals group, and Norsepower – a global provider of auxiliary wind propulsion systems, to reduce greenhouse gas emissions from maritime transportation between BHP’s mines in Chile and PPC’s smelters in Japan.
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BHP to boost nickel exploration spending amid EV boom
Mining News Pro - BHP Group will increase its spending on nickel exploration over the next two years to meet growing demand for the raw material used in making electric vehicle batteries, the chief of its nickel operations said on Wednesday.
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Visit: 546
BHP to speed up $5.7 billion Jansen potash mine
Mining News Pro - BHP is seeking to accelerate construction at its $5.7 billion Jansen potash project in Canada as high gas prices and sanctions on key exporters continue to disrupt global supplies of fertilizers.
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Visit: 403
Miner BHP may reconsider investments in Chile if tax hikes go forward
Mining News Pro - Global miner BHP Billiton is likely to reconsider its investment plans in Chile, the world’s No. 1 copper producer, if the government moves ahead with mining tax hikes, according to a report on Sunday.
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Law firm behind $7 billion BHP suit gets more cash for ESG cases
Mining News Pro - A law firm bringing a $7 billion suit against BHP Group Ltd. over its role in the deadly collapse of a Brazilian mining dam has secured £100 million in extra funding to fight more such ESG cases.
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Visit: 414