World's biggest miner is struggling with Covid-19-related labour shortages and soaring production costs, says pain will linger into 2023
The miner has had a busy six months marked by sweeping changes, including selling its $13-billion petroleum business and a listing unification
Half-year 2021 earnings at Fortescue may fall by roughly a third, while six-month profit growth at Rio Tinto and BHP may be knocked down
Low infection rates have allowed BHP as well as rivals Rio Tinto and Fortescue Metals Group to keep running mines at maximum output
Melbourne-based miner signed a deal to invest up to $100 million in Tanzania’s Kabanga nickel and cobalt project, two metals vital for EVs
Fair Work Commission says BHP failed to comply with consultation obligations. It is the first firm to mandate vaccines and its order overturned. Challenges to public sector mandates have failed
Announcement comes soon after the fast-growing energy player finalised a A$40-billion ($29 billion) deal to buy BHP's fossil fuel assets
Multinationals give go-ahead to Scarborough gas project in a field off northwest Australia that will supply LNG to north Asia and locally
The renewed offer from BHP values Toronto-listed Noront at about $280 million, prompting the miner's chief executive Alan Coutts to back the proposal
Australian iron ore giant has already agreed to supply nickel to Tesla and work with them on lowering carbon emissions in the battery supply chain
Tesla is diversifying suppliers to reduce reliance on China: FT.
(ATF) Hong Kong: Asian markets were broadly lower...