Iron ore bonanza to deliver until 2022 as supply squeeze lingersWed, 07 Apr 2021 00:00:00 GMT
Australias biggest miners are poised to benefit from better-than-expected iron ore prices for at least the rest of the year as global ratings agency S&P upgrades its forecasts for the key steel-making raw material. After surging Chinese steel output in 2020 propelled iron ore prices to a 10-year high and delivered bumper returns to shareholders of BHP, Rio Tinto and Fortescue, S&P Global on Friday upgraded its price assumption for the commodity from $US100 a tonne to $US130 a tonne
BHP advances Nickel West agreement with SensOreMon, 29 Mar 2021 00:00:00 GMT
BHP will progress to phase three of its minerals targeting agreement with SensOre after receiving encouraging outcomes from a discovery exercise.
BHP predicts golden age of exploration discoveriesFri, 12 Mar 2021 00:00:00 GMT
BHP chief technical officer Laura Tyler has highlighted that the mining sector is coming to the golden age of discovery thanks to technologys ability to reveal systems under cover.
Cohiba Minerals unearths Gawler Craton potentialThu, 11 Mar 2021 00:00:00 GMT
Cohiba Minerals has returned assays of up to 12.15 per cent copper at the Gawler Craton in South Australia, which is located near BHPs Olympic Dam mine and Oak West discovery.
BHP partners with JFE Steel to study cutting carbon from steel-makingThu, 11 Feb 2021 00:00:00 GMT
BHP Group said on Wednesday it would invest up to $15 million over five years as part of a deal with Japans JFE Steel to look at technologies and other ways to lower emissions from the steel-making process. BHP is the worlds biggest listed miner and biggest coking coal producer. Combined with iron ore, also mined by BHP, coking coal is used to make steel, producing millions of tonnes of CO2. The investment is part of BHPs $400 million fund for reducing emissions, as investor pressure
BHP to halve Nickel West emissionsWed, 03 Feb 2021 00:00:00 GMT
BHP has signed a renewable power purchase agreement with Risen Energy to slash emissions at the Nickel West Kwinana refinery in Western Australia by up to 50 per cent.
WA miners suspend FIFO flights until FridayTue, 02 Feb 2021 00:00:00 GMT
BHP and Fortescue Metals Group are among mining companies that have cancelled fly-in, fly-out (FIFO) flights to and from Perth during this weeks lockdown in Western Australia.
BHP bumps up 2020-21 iron ore guidance on Samarco restart, softens ...Thu, 21 Jan 2021 00:00:00 GMT
Mining giant BHP bumped up its fiscal 2020-2021 (July-June) iron ore production guidance following the restart of its joint venture Brazilian Samarco operation, while its metallurgical coal output is expected to be in the lower end of the forecast range due to weather impact. BHP now expects iron ore production of 245 million-255 million mt for the current fiscal year, which is up from the previous range of 244 million-253 million mt. The added tonnes are all due to Samarco, while BHPs
BHP sets iron ore record as prices surgeWed, 20 Jan 2021 00:00:00 GMT
BHP has capitalised on a 35 per cent increase in prices for its iron ore mined in the Pilbara by delivering a production record for the second half of 2020.
BHP seeks scope 3 emissions cut from iron oreWed, 13 Jan 2021 00:00:00 GMT
BHPs in-house capital unit, BHP Ventures, has participated in Boston Metals $US50 million ($64 million) funding to develop a technology that converts iron ore to steel with zero carbon emissions.
BHP trials Toyota EVs at Nickel WestFri, 08 Jan 2021 00:00:00 GMT
BHP and Toyota have joined forces to trial light electric vehicles (LEV) at the Nickel West operations in Western Australia.
4 Stocks to Grab as Iron Ore Price Rally Continues in 2021Thu, 07 Jan 2021 13:50:01 GMT
With iron ore prices on an uptrend this year aided by demand from China, we suggest adding stocks like BHP Group (BHP), Rio Tinto (RIO), Vale (VALE) and Fortescue Metals (FSUGY) to you
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