Australia’s natural advantages in coal and iron ore don’t apply to the minerals needed for the energy transition, so we need to slash red tape and spur innovation, BHP’s Australian head says.
APA says a new solar farm and battery storage facility built to supply BHP is the first step and more will follow as it invests in renewables near existing gas-fired power stations.
BHP is set to rely even more heavily on its iron ore operations to help pay for growth ambitions in so-called future-facing commodities, with ramifications for its plans in Western Australia.
Australia and BHP face the same problem – over the next five years the price of iron ore is set to fall sharply. But the outlook is very different for them. Here’s why.
Anglo American has sold its Australian coal mines for well above consensus estimates in a deal analysts say strengthens its hand against BHP.
As restrictions on BHP making another mega-approach to Anglo’s board lift in coming days, this time the Australian miner could be fighting against a bigger force.
US-listed Peabody Energy has won the competition to buy Anglo American’s Australian steel making coal mines, outlaying up to $US3.8bn for the assets.
The Australian boss of mining giant BHP has warned the ‘sugar-hit’ of Queensland’s coal royalties scheme will deter investment despite the Premier’s insistence the state is ‘open for business’.
BHP Australia President Geraldine Slattery says the ‘sugar hit’ Queensland receives from coal royalties won’t last, as the resource sector is at a `pivot point’ in the transition to new forms of energy.
Sites ‘held for strategic reasons’ Woolworths tells ACCC. SafetyCulture CEO to step down. Queensland coal ‘sugar hit’ won’t last: BHP. Elders in $475m buy after missing profit expectations, CEO extends stay. ASIC sues NAB.
Mining giant Glencore is pessimistic about the likelihood of a revival in Australia’s nickel industry when it faces fierce competition from Chinese-backed producers in Indonesia.
A court acquitted BHP, Vale and their iron ore joint venture Samarco as well as 22 former directors, executives and technicians in a case about criminal responsibility for the disaster that killed 19 people.
ASX recovers from fall this week. New MinRes, Chris Ellison revelations weigh. Brazil court clears BHP in dam collapse case. Sohn Hearts & Minds Conference attendees learn from global fund managers about future trends and their hottest stock picks. Follow here.
A class action law firm has told more than 600,000 claimants they shouldn’t sign on to a compo plan set up by BHP and the Brazilian government over the fatal Samarco dam collapse.
Unions have launched an extraordinary attack on BHP, Rio Tinto and the Minerals Council of Australia.
Future Fund has raised issues with MinRes boss Chris Ellison along with BHP over the handling of its Samarco disaster.
Mike Henry, the globetrotting boss of mining giant BHP, has a soft spot for Brisbane after spending time in the river city during a crucial time in his career.
The boss of global mining giant BHP has slammed Queensland as an unattractive investment destination compared with jurisdictions such as Chile and Canada.–
Prime Minister Anthony Albanese has moved to calm ministers over his Qantas upgrades saga at a Labor meeting, with one attendee telling The Australian the PM was rambling and his monologue was even worse than his widely-panned press conference a day earlier.
BHP chief executive Mike Henry has told the company’s AGM more industrial relations disputes loom as new federal workplace laws start to take effect.
Original URL: https://www.theaustralian.com.au/topics/bhp-group-limited/page/2