Big miner goes green with first Toyota EV
Australia’s biggest miner is ditching diesel for EVs in a first major step to electrify its vast mining fleet.
Australia’s biggest miner is ditching diesel for EVs in a first major step to electrify its vast mining fleet.
After a $44bn settlement with Brazilian authorities, criminal charges against Samarco, its owners and some individuals are still unresolved.
BHP has finalised a $45b settlement with Brazil over the 2015 Samarco dam disaster which killed 19 people.
Coal power worked before and would do so again if anyone was brave enough to bring it back. Students of history will remember that Galileo was imprisoned for advocating the Copernican view on the solar system. We have people with the same mindset today.
Attention has turned back to BHP and its buying intentions surrounding Anglo American after the former’s chief executive, Mike Henry, recently paid a visit to South Africa.
BHP faces an uphill battle to hit copper production targets at its Australian operations with its flagship Olympic Dam mine out of action until at least the start of November.
More than 200,000 claimants suing BHP in a $17bn lawsuit have already been compensated for damage caused amid the Mariana dam disaster, the Australian mining giant will tell a London court.
A deal could be signed as soon as Friday, days after the start of a separate class action in the UK that involves about 650,000 Brazilian claimants.
Australia’s biggest mining company has agreed to a massive settlement with the Brazilian government over an environmental catastrophe.
Wild electrical storms have put BHP’s Olympic Dam copper mine out of action with the company scrambling to assess the damage and how long it will take to restart operations.
The London lawyer spearheading a huge class action against BHP says he will fight for Indigenous Australians’ cultural heritage as he plans to triple staffing in his new Sydney office.
A day after Rio Tinto raised doubts about the property market remaining a key plank of Chinese economic growth, BHP boss Mike Henry is more optimistic.
Perpetual hit with first strike. Stronger-than-expected jobs data may dash hopes of early rate cut. BHP iron ore production rises but China disappointment weighs. Regulator allows Star to keep Sydney licence. Uranium miners soar. WiseTech dives amid CEO scrutiny.
Rio buys lithium player for $US6.7bn. Commodity price falls, China disappointment weigh on Aussie producers. NZ’s central bank cuts rate by 50 basis points, as expected. Shares in Cettire, Zip jump.
Iron ore, copper futures, AUD down after China’s underwhelming economic update. RBA’s ‘step down’ in hawkishness evident in September minutes, but deputy governor Andrew Hauser says inflation job’s not done yet.
IGO could be the frontrunner for Rio Tinto’s Winu Project, although BHP spin-off South32 is also said to be interested.
BHP has offered new jobs to about 800 workers affected by the shutdown of its nickel operations but hundreds have chosen redundancy amid a major commodity downturn.
The mining giant is seeking to invoke an exemption for service contractors under Labor’s legislation.
Rio Tinto may join BHP in a big acquisition and some believe that a major deal in the lithium space may now not be too far away.
The push to re-industrialise Western economies and the transition to net zero will provide strong tailwinds for the mining sector for decades to come, both Rio Tinto and BHP believe.
Original URL: https://www.theaustralian.com.au/topics/bhp-group-limited/page/3