49 articles
BHP and Rio Tinto are investing in biotech startups to optimize copper extraction and mineral exploration. This move targets increased production efficiency to support the growing battery and clean te
BHP Chair Ross McEwan urged Australia to adopt tax incentives similar to Canada's to boost investment competitiveness, while addressing investor campaigns on 2040 emissions targets and current uranium
Copper prices hit a three-week high near $14,700 per ton following strike threats at BHP's Escondida mine and Federal Reserve comments on interest rates. The potential supply disruption from Chile add
Workers at BHP’s Escondida mine will strike after wage negotiations collapsed, threatening global copper supply amidst rising demand and near-record prices. Additional strikes at other Chilean mines f
Australia's mining sector is pivoting from iron ore to copper driven by AI and electrification demand, with major miners like BHP and Rio Tinto increasing exposure to capitalize on tight supply.
BHP's Escondida mine, the world's largest copper producer, is progressively resuming operations following a fatal maintenance accident. Regulatory safety checks must be completed before full activity
Crude oil prices surged amid Middle East tensions, dragging Australian shares down and reigniting inflation fears. Mining giants like BHP and Rio Tinto fell as copper prices dropped, while an accident
BHP suspended operations at its world's largest copper mine, Escondida, in Chile following a worker fatality during maintenance. Restart timelines remain uncertain pending safety inspections, potentia
Combined BHP Ports Unions will take miner BHP to arbitration after failing to agree on a new wage deal for its Port Hedland iron ore operations. The union argues the company's proposed 17% pay increas
Australian stocks hit a two-month low as mining giants like BHP and Rio Tinto slumped on weaker copper and lithium prices. Rising oil costs and inflation fears further pressured the market amid expect
Negotiations between BHP and unions representing Port Hedland iron ore workers concluded without an agreement, with talks resuming next week. The proposed four-year deal includes a 17% pay increase an
Albemarle appointed BHP executive Ragnar Udd as its new CEO effective February 1, 2027, replacing Kent Masters. The announcement caused shares to fall 2.3% as the world's largest lithium producer tran
BHP's Chief Commercial Officer Rag Udd will step down in January, affecting critical iron ore negotiations with China and oversight of major potash and copper projects.
BHP revealed 109 staff departures due to sexual harassment while announcing record profits fueled by rising copper prices and anticipated supply constraints in the metal sector.
BHP and unions failed to reach a wage agreement for workers at the Port Hedland iron ore hub, amid disputes over the miner's $13 billion profit. Although industrial action occurred earlier, the CEO st
Copper prices surged amid a supply squeeze driven by US tariff fears and strong demand from data centers and renewables. Major miners like Rio Tinto and BHP reported revenue gains, though global inven
NexGen Energy is seeking $1 billion financing for its Rook I uranium project while holding talks with BHP regarding potential equity stakes. The move comes amid soaring nuclear energy demand driven by
Ahead of full-year results, BHP faces record-low analyst buy ratings as copper production guidance weakens due to declining mine grades in South America. Despite the pessimism, shares have surged 35%
Approximately 150 workers joined a strike at BHP's Port Hedland iron ore hub, the first major industrial action in 25 years, potentially disrupting daily shipments valued at $80 million while negotiat
A two-day strike involving 150 workers has begun at BHP's Port Hedland iron ore operations amid ongoing labor negotiations. The industrial action affects the world's largest iron ore export hub, handl
Australian mining stocks rallied for their best week since 2024, fueled by record copper prices and strong dividends from majors like BHP and Rio Tinto amid supply constraints.
The White House invited top mining executives, including Rio Tinto and BHP, to a meeting with President Trump to accelerate US critical mineral production and reduce dependence on Chinese supply chain
BHP faces a two-day strike at its Port Hedland iron ore hub this weekend despite ongoing wage negotiations. The industrial action by 150 workers is expected to delay 16 shipments from the world's bigg
BHP has resumed negotiations with unions at Port Hedland, the world's largest iron ore export hub, following recent work stoppages over wage disputes. While current operational impact appears containe
Hundreds of BHP workers at Port Hedland iron ore operations will strike on July 16 after failing to reach a four-year labor agreement. The stoppage impacts approximately $80 million in daily shipments
BHP iron ore workers at Port Hedland have initiated a strike following failed labor negotiations, potentially disrupting $120 million in daily revenue. This action marks a significant escalation in un
BHP secured environmental approval for a $14.7 billion expansion of its Escondida copper mine in Chile, targeting a doubling of global annual output to over 2 million tons by the mid-2030s.
BHP announced it will split its President Americas role into North and South America positions to enhance regional focus. Jessica Farrell was appointed President North America, supporting incoming CEO
BHP-backed I-Pulse secured a $250 million U.S. CHIPS award to advance silicon-carbide semiconductor technology. The funding supports pulsed-power systems for mining, geothermal drilling, and defense a
Newly appointed BHP CEO Brandon Craig faces immediate challenges including threatened iron ore strikes, $2.3 billion project overruns, and strategic decisions on uranium expansion and potential M&A am
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