JSW eyes coal mines of Australia's BHP Group in potential $1.5-2 ...Mon, 22 May 2023 00:00:00 GMT
JSW Group is reportedly eyeing the purchase of two coking coal mines in Australia from BHP Group in a potential $1.5-2bn deal, to fuel its blast furnaces. JSW at its current capacity needs 18 mt of coking coal per annum. To achieve 25% of integration, the company requires about 4.5 mt of captive coking coal but that kind of supply is not available in India. Hence the hunt for global assets.
BHP qtrly iron ore output slips on one-day suspension in Western ...Fri, 21 Apr 2023 00:00:00 GMT
Global miner BHP Group Ltd said on Friday its third-quarter iron ore output fell 0.7% from a year earlier, hurt by a 24-hour suspension of its Western Australia operations due to a fatality at the site. The worlds largest listed miner said iron ore production from mines it operates in Western Australia was 66.2 million tonnes (Mt) during the three months ended March 31, compared with 66.7 Mt a yearearlier. Morgan Stanley was estimating production of 67.4 Mt. Prices of iron ore rose in the
Billionaire mining tycoon Anil Agarwal fights to clear Vedantas ...Wed, 29 Mar 2023 00:00:00 GMT
Agarwal is facing one of his toughest acts yet. The tycoons Vedanta Resources Ltd. has close to $2 billion of bonds to settle in 2024 half of which is due in January. Short of that, his London-headquartered company risks getting cut deeper into junk and losing crucial access to funding. Thats bad news for one of Indias richest men, who has long dreamed of competing against Glencore Plc and BHP Billiton as the worlds dominant natural resources supplier.
BHP to trial carbon capture with Chinese steel firm HBISTue, 28 Mar 2023 00:00:00 GMT
Global miner BHP Group Ltd and Chinese steel company HBIS Group Co Ltd have agreed to trial carbon capture, utilisation and storage (CCUS) technologies at the Chinese firms steel mills, the companies said on Monday. The project will develop and test technologies that can be integrated into steel production processes to reduce carbon dioxide (CO2) emissions, BHP said in a statement. HBIS will also pilot test options to use captured CO2 to produce saleable products and to store CO2 in waste
Iron Ore Futures Prices Fluctuate Upwards in FebThu, 09 Mar 2023 00:00:00 GMT
In early February, the market sentiment was relatively optimistic following the futures prices. The BHP Billiton railway accident was expected to affect iron ore shipments in the short term. Under these circumstances, iron ore prices rose. Besides, the supporting real estate and infrastructure-related policies in China and the higher-than-expected US CPI data boosted the traders confidence. However, the relevant departments have issued price controls frequently. News of the increase i
BHP eats its greensFri, 24 Feb 2023 00:00:00 GMT
Mining giant BHP is trialling a new fuel alternative at its Yandi iron ore operations in WA, and its made from vegetable oil.
BHP secures Traditional Owner contract in WAMon, 20 Feb 2023 00:00:00 GMT
BHP has signed a contract with a Pilbara Traditional Owner business for the supply of up to 4000 tyres a year for use across its Western Australia Iron Ore (WAIO) mining operations.
BHPs OZ Minerals takeover clears another hurdleMon, 06 Feb 2023 00:00:00 GMT
The Brazilian competition regulator has given the green light to BHPs $9.6 billion takeover of OZ Minerals, though some shareholders may still hold out for a better deal.
Molybdenum Mark UpdateMon, 23 Jan 2023 00:00:00 GMT
IMOA is delighted to report that the following molybdenum by-product sites have received the Molybdenum Mark extension: Kennecott Bingham Canyon MineSociedad Minera Cerro Verde S.A.A.Freeport-McMoRan Morenci Inc.BHP's Minera Spence
BHP second-quarter iron ore output rises 1%Fri, 20 Jan 2023 00:00:00 GMT
We have released our Operational Review for the half year ended 31 December 2022. BHP Chief Executive Officer, Mike Henry: BHP delivered safe and reliable operating performance in the first half of the 2023 financial year. Employees and contractors across BHP continued to prioritise safety, resulting in the fourth consecutive year without a fatality. WA Iron Ore (WAIO) delivered record production for the half year through strong supply chain performance, supported by the ongoing ramp-up at
BHP Xplor accelerates copper and nickel explorationFri, 20 Jan 2023 00:00:00 GMT
BHPs accelerator program, BHP Xplor, has announced its first cohort of seven companies to help with copper, nickel and other critical mineral discoveries.
Miners need to take more energy risks: BHP chiefThu, 19 Jan 2023 00:00:00 GMT
BHP chief executive officer Mike Henry has urged the mining industry to take more risks on innovative technology if it wants to feed the energy transitions appetite.
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