BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) are work together to unpack up to 200 million tonnes of iron ore under two non-binding memoranda of understanding. The companies said on Wednesday (Jan 14) that mining and extraction will be carried out at BHP’s Yandi and Rio Tinto’s Yandicoogina operations, which are about 80 kilometers apart. “This […]
From boardroom decisions to billions of dollars worth of construction projects, 2025 was a defining year for Australian mining companies as they navigated changes in the global landscape. Escalating trade tensions, changing US tariff policies and increased geopolitical risk have reshaped export strategies and investor sentiment, in addition to demand for crucial minerals. Against this […]
BHP (ASX:BHP,NYSE:BHP,LSE:BHP) has secured a new source of long-term financing for its iron ore operations in Western Australia, completing a $2 billion infrastructure deal with Global Infrastructure Partners (GIP), a subsidiary of BlackRock (NYSE:BLK). Tuesday (December 9) announcementconfirms that the company has entered into a binding agreement with GIP covering BHP’s share of Iron Ore’s […]
Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) said on Monday (November 17) it has signed an agreement joint development agreement with environmental technology company Calix (NYSE:CALX,ASX:CXL) to develop Calix’s Zero Emissions Steel Technology (Zesty) green iron demonstration plant in Western Australia. If approved, the plant will be built on a site in Kwinana, south of Perth, previously earmarked for […]
BHP (ASX:BHP,NYSE:BHP,LSE:BHP) has been released Community Development Report 2025 for Western Australia, demonstrating a record-breaking investment of AU$944 million. According to the report, most of this year’s investment went to local suppliers, with AU$737 million spent. Of this, AU$529 million was allocated to indigenous businesses. In terms of BHP’s total contribution to training and development […]