BHP’s $60b copper power play rejected by British rival
BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.
BHP has had a $60 billion bet on "future-facing commodities" rejected by rival Anglo American, which said the iron ore giant's takeover bid was opportunistic.
Ambassador Caroline Kennedy has taken aim at China's "unchecked exploitation" of Indonesia and other nations that risks destroying the supply of clean minerals.
Thousands of workers face uncertainty as BHP considers the fate of nickel operations amid a global glut of the metal, but coal for power plants is firing up.
More than 20 projects investigating ways to reduce emissions from steel, iron and hydrogen production will get more funding than expected, an agency says.
Rescue workers have recovered the body of a Victorian miner and another worker is fighting for life after an underground collapse at a Ballarat mine.
The federal government has continued its big spend-up in the Northern Territory with a funding package of up to $840 million for a rare earths mining project.
Australia could usher in the next boom by switching ammonia production plants from gas to renewable hydrogen to supply the mining sector with green explosives.
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metal and mineral
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Rio Tinto will bankroll hundreds of construction jobs and industrial production in Queensland with a renewable energy supply deal for a smelter and refineries.
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Iron ore and copper giant Rio Tinto has reported a fall in profit on lower commodity prices and warns the future of aluminium depends on the energy rollout.
High prices and loyal Chinese demand for Fortescue Group's iron ore has delivered a stellar profit and cash pile to bankroll ambitious emission-busting plans.
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Resources giant BHP says governments need to work harder to make sure Australia is in the race as global competition heats up for iron ore and battery minerals.
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BlueScope Steel expects local housing starts to recover and strong demand in the United States for infrastructure, including steel-intensive renewable energy.
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energy and resource
heavy construction
it/computer sciences
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Mining and utilities are tipped as "bright spots" for construction and engineering jobs to offset broader economic pain as business investment stalls.
energy (general)
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metal and mineral
mining
renewable energy
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An Australian mine has deployed the nation's first electric-powered excavator, created as part of a plan to decarbonise mining operations.
Fortescue Metals Group has received a "first strike" on executive pay as the iron ore miner unveiled plans to splash $1.1 billion on green hydrogen.
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Some $2 billion in capital and other sweeteners could turn Australia from the world's quarry into a "mine-and-make''nation driving the battery supply chain.
Gina Rinehart's lawyers have attacked two rival mining dynasties' billion-dollar claims for iron ore riches in closing arguments at a high-stakes legal battle.
Carbon offsets should be used as a last resort and limited to Australia's heaviest polluters, conservationists warn the federal government.
coal
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international (foreign) trade
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A report has found India will reduce its dependence on Aussie coal in steel furnaces as the price of green hydrogen comes down and carbon penalties go up.
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Mining companies are among big energy users bankrolling wind farms and other renewable energy projects to offset carbon emissions.
Rivals are rolling out ambitious industrial policies and Australia must match these on its own terms, a business group will tell a hydrogen summit.
The mining industry has warned the prime minister against taking the sector for granted and pushing investment elsewhere with "extreme" workplace laws.
Fortescue Metals Group has booked a lower full-year profit after a writedown, slashed the final dividend and shocked investors with another new CEO.
Imdex says while short-term conditions are subdued the tech firm continues positioning for stronger battery minerals demand requiring miners to dig deeper.
Pilbara Minerals reports a 326 per cent surge in net profit to $2.4 billion as the world rapidly electrifies and demands a secure supply of sustainable lithium.
Fortescue Metals Group has booked a lower full-year profit after a writedown, appointed a new CEO and added former CSIRO head Larry Marshall to the board.
Profits and dividends are down at BHP on lower commodity prices, but the mining giant says it is managing inflationary pressures better than its rivals.
A nickel explorer has industrial giants from Japan queuing for future supplies from under the red dirt out west as the battery minerals race accelerates.
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Australia is urged to be bold in the race for high-purity lithium for electric cars and clean energy, as veterans and newcomers jostle for capital and ports.
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Australia holds a third of the world's vanadium, an element that's key to a kind of battery that may be the answer to the long-term storage of energy.
Demand for iron ore and coal may ebb but critical minerals can provide for future generations, unless labour laws and investor uncertainty mess it up, BHP says.