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 […]
Canada has approved the merger of Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) and Anglo American (LSE:AAL,OTCQX:AAUKF), clearing a major regulatory hurdle to create a new global mining heavyweight worth more than $53 billion. Teck and Anglo American said they received approval under the Investment Canada Act, allowing the companies to proceed with their planned “merger of equals.” first […]
Elliott Investment Management has reportedly taken a large stake in Barrick Mining (TSX:ABX,NYSE:B), the The Financial Times reports this on Tuesday (Nov. 18), increasing activist pressure on the gold producer, which is already facing escalating operational problems and a leadership shake-up. The moves come just weeks after the abrupt exit in September from former CEO […]
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 […]