The Latest Breaking News from BHP

BHP blames ‘coal tax’ for job layoffs. But there’s obvious reasons coalmines aren’t as profitable anymore

Rising wages and costs of having to dig deeper for minerals – not royalty payments – are behind job cuts in a sector that appears to be in decline

The Guardian - AU · Sep 20, 2025

Queensland deputy premier labels BHP ‘unAustralian’ as mining giant blames job cuts on coal royalties scheme

Jarrod Bleijie defends levy as BHP Mitsubishi Alliance moves to mothball Saraji South mine and slash 750 jobs

The Guardian - AU · Sep 17, 2025

Coal 'crisis': hundreds of jobs cut, mine mothballed

A mining giant has been labelled "un-Australian" by a state government for cutting hundreds of jobs and mothballing one of its oldest sites.

AAP · Sep 17, 2025

Iron Drags BHP Earnings To A Five-Year Low

The leading global miner BHP Group (NYSE:BHP) posted its weakest annual result in five years, showing the pressure from lower iron ore prices and China’s softer steel demand. The firm reported underlying attributable profit of $10.16 billion, marking a 26% drop from the prior year.

Benzinga · Aug 19, 2025

FTSE 100 Live 19 August: Defence stocks falter, miner BHP cuts dividend

A retreat for defence stocks today failed to prevent the FTSE 100 index edging higher amid a strong session for JD Sports Fashion and Marks Spencer.

Evening Standard · Aug 19, 2025

BHP mulls mothballing coal mines over royalty regime

BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.

AAP · Aug 18, 2025

Australian shares gain as miners rise, banks fall

The ASX200 has gained 0.1 per cent as losses for the big retail banks were outweighed by gains for mining giants BHP, Rio Tinto and Fortescue.

AAP · Jul 22, 2025

Rally propels Aussie shares to another record close

The Australian share market has crossed 8700 points for the first time in its biggest rally since April, while posting its best weekly performance for 2025.

AAP · Jul 18, 2025

Mining companies are pumping seawater into the driest place on Earth. But has the damage been done?

In Chile’s drought-stricken Atacama desert, Indigenous people say desalination plants cannot counter the impact of intensive lithium and copper mining on local water sources

The Guardian - UK · Jul 17, 2025

BHP Partners With BYD's FinDreams For Mine Electrification

A leading global miner, BHP (NYSE:BHP), has signed a Memorandum of Understanding (MoU) with FinDreams Battery Co., a subsidiary of the Chinese EV and battery manufacturer BYD Group (OTCPK: BYDDF).

Benzinga · Jul 14, 2025