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The Latest Breaking News from BHP

BHP Launches $38.8 Billion Takeover Bid For Rival Anglo American

Australian mining giant BHP confirmed on Thursday a $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector.

International Business Times

US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened

FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter

The Guardian - UK

Global Mining Giants Anglo American And BHP Expand Operations Worldwide

Explore the mining activities of Anglo American and BHP, two global giants extracting vital resources worldwide.

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BHP Considers Buyout Of Anglo American, Bloomberg Reports

BHP's potential buyout of Anglo American could reshape global mining sector with far-reaching implications.

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BHP's energy coal fires up, axe swings over nickel jobs

Thousands of workers face uncertainty as BHP considers the fate of nickel operations amid a global glut of the metal, but coal for power plants is firing up.

AAP

University of Newcastle to use hydrogen to make low carbon iron

University will collaborate with BHP and RWTH Aachen on project.

Newcastle Herald

Port eyes off former BHP Intertrade site, but government still won't sell

The state has paused all government land sales.

Newcastle Herald

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Major miners dig in to lead Australian stocks higher

Rio Tinto rose three per cent and BHP gained two per cent on Tuesday, helping boost the ASX200 to finish 0.5 per cent higher.

AAP

Steel yourself, old cliches about our city still trotted out

BYGONE ERA: Can someone let those city slickers know BHP shut up shop in Newcastle way back?

Newcastle Herald

Australian shares gain ground after dovish RBA meeting

The ASX200 has finished up a third of a percentage point after the Reserve Bank moved to a more neutral stance on interest rates, dropping its tightening bias.

AAP

China may be facing too many economic obstacles to hit its ambitious growth target for 2024

Fighting deflation, a sinking property market and weak internal demand, Beijing has set itself a challenging goal in 2024

The Guardian - AU

Australian mines 'cleanest and greenest in the world'

Aussie mines are the world's cleanest and greenest, Resources Minister Madeleine King says during a quest to lure investment away from a rival commodity giant.

AAP

The disaster you could see from space: how a podcast went inside an eco catastrophe

Nineteen dead, hundreds homeless and 700,000 taking legal action. Eco true-crime podcast Dead River delves into a Brazilian dam’s collapse – and how it’s led to the UK’s biggest ever class-action lawsuit

The Guardian - UK

BHP To Restructure Global Corporate Roles To Cut Costs

BHP Group restructures global corporate roles to enhance efficiency and cut costs amidst market challenges.

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AAP

Woodside under the pump on climate risk as profit falls

Critics say Woodside Energy's carbon reduction plans are "meaningless" as the oil and gas giant expands to meet decades of demand expected for Australian LNG.

AAP

Aust shares edge lower on big day for earnings reports

The local share market has finished 0.1 per cent lower as BHP, Sonic Healthcare, Sims, Humm Group and others reported first-half earnings.

Top News

BHP Reports Flat First-Half Profit; Warns Of Inflation Impact

BHP reports stable financial performance in first half amidst inflation and interest rate concerns.

AAP

BHP issues 'call to arms' for competitive mining future

Resources giant BHP says governments need to work harder to make sure Australia is in the race as global competition heats up for iron ore and battery minerals.

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AAP

Miners, banks give Australian bourse a little boost

The local stock market has finished up 0.1 per cent, as gains for BHP, Rio Tinto, Fortescue and the banks outweighed a big fall for Lendlease stock.

AAP

Royalty rebates for nickel industry to ride out slump

Western Australia will provide immediate royalty rebates to help save the nickel sector as producers mothball loss-making mines and processing facilities.

Newcastle Herald

Do Hunter school leavers prefer to take up a trade?

Over 700 students left school to pursue a trade in 2023.

AAP

All options needed to save nickel industry: WA premier

"All options" are under consideration to save nickel industry jobs after major employer BHP warned mines, processing and refining could be mothballed.

Top News

China's scrap steel fails to decimate iron ore price for now

China's tidal wave of steel scrap has failed to decimate the price of iron ore, which is good news for Australia's mining companies. According to Morgan St...

AAP

Aust close slightly lower, with more weakness from CSL

The local bourse has closed 0.15 per cent lower, with gains by the retail banks outweighed by losses from Macquarie, James Hardie, CSL and Seek.

AAP

'Electric melter' fires decarbonisation in global steel

Iron ore and steel leaders BHP, Rio Tinto and BlueScope are scoping locations in Australia for a pilot plant to make low-carbon steel using cleaner technology.

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