ICLR, BHP and CR have been added to the Zacks Rank #5 (Strong Sell) List on December 20, 2024.
PERTH, Australia--(BUSINESS WIRE)--Australia's two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia's largest ironmaking electric smelting furnace1 (ESF) pilot plant. The groundbreaking project combines the expertise of BlueScope, BHP and Rio Tinto to test technology to enable the use of Pilbara iron ore to produce iron without the need for traditional blast furnaces, as the companies come together.
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BHP Group said it was waiting to formally receive the court ruling on the 2015 Fundão tailings dam collapse in Brazil after media reports said a lower court has ruled that its unit and other firms are not criminally liable for the disaster.
BHP Group Ltd (LSE:BHP, ASX:BHP) has quickly backtracked on comments yesterday from its chairman that it had ‘moved on' from its failed bid for Anglo American. Most sources reported this as meaning it was no longer interested in making another bid for its mining peer, but apparently this is not the case.
BHP said that comments made by its chairman at Wednesday's annual general meeting did not mean the company rules out a renewed offer for Anglo American , months after its failed bid in May.
Anglo American PLC (LSE:AAL) was one of the biggest fallers on the FTSE 100 on Wednesday after headlines dashed hopes among some investors about a return bid from BHP Group Ltd (LSE:BHP, ASX:BHP). Former suitor BHP, which was rebuffed in its £34 billion bid in the spring, says it has "moved on" to focus on other growth opportunities.
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) ( www.mundoro.com ) ("Mundoro" or the "Company") is pleased to announce that its exploration campaign on the Trstenik project, in which BHP Exploration is earning an interest and providing sole funding, has advanced five prospective porphyry exploration targets. Mundoro has submitted permit applications for drill locations across the five target areas, which we anticipate will be granted in Q4 2024.
BHP has moved on to focus on other growth opportunities after shareholders of Anglo American voted against its takeover approach earlier this year, the company chairman said on Wednesday.
BHP Group Ltd (LSE:BHP, ASX:BHP)has agreed a final settlement with the Brazilian government over the Samarco dam disaster in 2015. Owners Vale, BHP and Samarco will pay totalling 170bn Real (Brl) across three lines: Brl37bn already paid, Brl100bn (US$18bn) to government bodies over 20 years and Brl32bn (US$6bn) in performance obligations over the next 1-2 years.
The settlement between the two miners and the Brazilian government is the result of years of litigation after the dam collapse that killed 19 people and polluted more than 400 miles of river.