BHP Group Ltd shares down Friday, underperforms the Materials sector
Here is the latest company close update for BHP Group Ltd, BHP.
Bhp Group Limited
Coal mine fire throws doubt on Anglo rescue plan
Miner Anglo American is fighting an underground fire at its beleaguered Grosvenor mine in central Queensland, in a fresh blow to the company’s safety and operational credentials.
Gold shines in FY24 mining tally
The search for value in the mid-tier mining sector was dominated by the resurgence of gold and the fall from grace of the critical minerals sector.
Pilbara renewables needed for BHP’s electric dreams
BHP will source 500MW of renewables in the Pilbara by 2030 as it converts its diesel-hungry truck fleet to electric power in coming years.
Woodside reshuffles as former BHP exec departs
The former head of finance at BHP, Shiva McMahon, will leave Woodside after the oil and gas giant announced a revamped and streamlines executive team.
Fortescue, BHP flag closer energy ties with China
The two major miners have flagged plans to work more closely with China as part of their energy transition plans as business and political leaders met for their first roundtable since 2017.
BHP looks to SA copper growth after Anglo failure
BHP’s failure to capture Anglo American’s South American copper mines means the company needs to push growth from its existing deposits in Australia.
JP Morgan lifts iron curtain on Aussie giants
With life tough for China-leaning Aussie miners, JP Morgan has done investors a solid, with a head-to-head comparison of iron ore heavyweights Rio and BHP.
BHP targeted in same job, same pay bid
The Mining and Energy Union is seeking to lift the pay of 1700 labour hire workers by between $10,000 to $40,000 a year, in a test of Labor’s same job, same pay laws.
Coal fall unlikely to hit Whitehaven’s Blackwater sale
Whitehaven Coal is understood to be targeting August to announce a selldown of a stake in its Blackwater coal mine, that it purchased as part of a broader $6.4bn acquisition from BHP
How politics scuppered BHP, Anglo’s mega deal
It wasn’t just about a global takeover offer. South Africa was deeply involved in one of the most tense elections of the post Mandela era, and the deal became a campaign football.
Anglo’s over so what now for BHP of Nickel West?
About 300 BHP workers are nervously awaiting a decision on Nickel West’s future, but there’s a lesson to be taken from Mike Henry’s approach to the now failed Anglo American takeover.
ASX 200 ends up 1pc; Guzman IPO
Guzman y Gomez to list with $2.2bn value. Telix jumps on cancer drug ‘signal’. Household savings hit fresh record. Rival offer may revive BHP’s Anglo bid: Morningstar. CSL to help US stockpile avian flu vax.
Absent Anglo, where’s the growth for BHP?
What does BHP do now it has abandoned its pursuit of Anglo American?
Anglo you’re on your own: BHP fires parting shot
BHP won’t be riding to Anglo American’s rescue if its restructure plan goes wrong, the Australian mining giant wants to make clear.
ASX falls on Wall St worries, BHP tumble
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
Copper prize awaits for BHP
Anglo’s rejection of BHP was quite simply moronic, and now the ‘Big Australian’ can simply step back and watch as its smaller rival implodes.
What’s next for BHP as it moves on from Anglo?
Mike Henry is unlikely to dwell too much on what could have been after abandoning his $74bn pursuit of Anglo American, with the BHP boss expected to move onto other opportunities.
‘Small bump’ might have pushed BHP bid over the line
BHP’s bid strategy for Anglo American has been called into question, with one shareholder saying a modest increase in the offer might have tipped the scales in mining giant’s favour.
BHP rebuff puts Anglo American under pressure to boost share price
Shareholders in Anglo American will want justification for any future firm rejection of a deal with BHP for the majority of its portfolio.
Original URL: https://www.theaustralian.com.au/topics/bhp-group-limited