BHP warns of hit from IR reforms as Chinese demand falters
Same job same pay industrial relations laws are all cost and no productivity gains, BHP says, as it flags a challenging year defined by geopolitical tensions and lingering inflation.
Same job same pay industrial relations laws are all cost and no productivity gains, BHP says, as it flags a challenging year defined by geopolitical tensions and lingering inflation.
BHP cuts dividend after profit fall. Coles earnings beat estimates. Woodside to walk ‘growth funding tightrope’. Guzman Y Gomez gains after profit beat. Johns Lyng dives on revenue miss. Lovisa trading update disappoints. CBA chief economist steps down.
Analysts expect a drop in demand from China to further the reduce cost of the steelmaking commodity as the world’s biggest miner prepares to publish results.
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
An unloved ASX-listed company is struggling as the jobless rate hits its highest level in years, but the bad news appears priced in.
The miner will cut almost 200 jobs from the two Queensland mines it bought from BHP earlier this year, as it moves to streamline operations.
The airline doesn’t have the balance sheet to withstand union attacks in the same way as BHP and Rio Tinto. Which makes it a perilous time for both staff and shareholders.
Employers have accused unions of a power grab after they capitalised on Labor’s workplace laws to force BHP to start negotiating the first union collective agreement in the Pilbara for almost a decade.
The nation’s peak mining body has accused the Albanese government of siding with the Mining and Energy Union against BHP in a Fair Work Commission case.
The mining giant may not have captured Anglo American, but its interest in South American copper deposits is undiminished.
Super Retail ex-exec alleges bullying, harassment. Fortescue crashes after mystery stake sale. BHP, Lundin bid $C4.1bn for Filo Corp. Ramsay taps Woolworths Supermarkets boss as next CEO. Credit Corp’s top gainer. Rex halts 737 bookings amid financial woes.
Former NSW premier Dominic Perrottet has quit NSW parliament and will move to the US for a senior role at BHP.
Former NSW premier Dominic Perrottet has made a bombshell announcement about his future.
BHP has made good on its boast of being the best mining operator in the business, posting strong production gains in iron ore and copper.
Gas like ‘life insurance’ in Labor plan: Bowen. BHP’s record WA iron ore shipments. Maintenance fails cause of Callide tower collapse. Qantas Super to merge with ART. DroneShield dives again. Zip’s debt raise.
DroneShield shares hit an all-time high before a 22 per cent drop after negative report. AEMO chief warns nuclear will take too long. Rio preps for $US6.2bn Simandou spend. IGO flags up to $295m nickel blow. Ex-RBA boss Lowe turns ASX punter.
Battered BHP’s valuation is sinking as Commonwealth Bank surges to become the biggest stock on the Australian sharemarket.
China GDP slows more than expected. Aussie Broadband dives. CBA’s new intraday record: $133.30. Lifestyle Communities tanks on VCAT allegations. Rio, BHP rise on Canadian dealmaking reports.
BHP’s decision on nickel is a wake-up call that big business makes long-term decisions on how it will deploy capital on economic, not political, terms.
BHP says it will do its best to minimise the impact of its Nickel West closure, but the mining industry in Western Australia will feel it for some time.
Western Australia premier Roger Cook has defended Labor’s efforts in the lead-up to BHP’s decision to suspend its nickel operations in WA.
CBA’s new intraday record: $131.70. Glencore ‘monitoring’ WA nickel operations as Lynas, Alliance Aviation assess ripple impact of BHP suspension. ACCC sifts through Brookfield’s $10bn Neoen play. Turmoil on board at Rex Airlines. Cettire jumps.
The Albanese government’s efforts to avert the closure of BHP’s West Australian nickel operations have failed, with the ongoing weakness in nickel price set to cost thousands of jobs.
With the EV boom deflating and Indonesia catching the big miners short, BHP’s decision shows how quickly mining can turn.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
BHP is mothballing operations at its Nickel West and West Musgrave sites, citing oversupply in the global nickel market.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
BHP suspends nickel operations, citing global oversupply. Telix Pharma lifts on US payment changes. CBA breaks record price. Insignia boss overhauls executive ranks. White knight found for HS Fresh Food. Synlait soars as China rescue plan sails through.
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.
Original URL: https://www.theaustralian.com.au/topics/bhp-group-limited/page/5