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.
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’s failure to capture Anglo American’s South American copper mines means the company needs to push growth from its existing deposits in Australia.
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.
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.
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
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.
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.
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.
What does BHP do now it has abandoned its pursuit of Anglo American?
BHP won’t be riding to Anglo American’s rescue if its restructure plan goes wrong, the Australian mining giant wants to make clear.
Inghams says not impacted by bird flu case. Webjet gains on demerger plan. Eagers dives on earnings warning. Telstra hit by downgrades. D-Day for BHP’s next Anglo move.
ANZ probing internet banking issues. RBA avoids ‘excessive fine-tuning’. James Hardie’s cloudy outlook weighs. Sonic flags weak earnings. TechOne, ALS gain. Telstra job cuts. Star falls on Hard Rock dismissal.
Don Argus says Anglo American ‘does not warrant’ a higher bid, and the Anglo board should come to their senses and begin talks with his successor at the Australian mining giant.
As the deadline approaches on the mega merger, the Australian giant’s CEO is mulling a new path to save his $64bn deal.
Fold, double down, or stand pat: these are the choices facing BHP boss Mike Henry in the mining giant’s standoff with Anglo American.
Forget Chilean copper, the real opportunity for Australian shareholders is in Anglo’s fire sale of its Queensland coal mines.
BHP has seven days to decide whether to put up or shut up on its Anglo bid. But does that mean the game is over if BHP walks away?
BHP may have the popular vote behind it, but Anglo American’s strategy is to run down the clock.
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
BHP boss Mike Henry has thrown down the gauntlet to Anglo American shareholders, signalling BHP will abandon its takeover bid unless Anglo’s board negotiates.
Original URL: https://www.theaustralian.com.au/topics/bhp-group-limited/page/4