BHP, the world’s lowest-cost producer, has been sitting on plans to boost iron ore production to 330 million tonnes per annum (mtpa) from the Pilbara in light of market factors.
BEIJING/MELBOURNE, Dec 17 (Reuters) - BHP (BHP.AX), opens new tab paused operations at two iron ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region ...
Two iron ore miners, BHP and Rio Tinto, have teamed up with Woodside Energy, a natural gas producer, and steel maker BlueScope, to investigate building an electric arc steel mill powered by ...
Despite a P/E ratio higher than peers, BHP's valuation is justified by higher quality assets, lower risk jurisdictions, and superior profitability metrics. Iron ore and copper prices are currently ...
The technology is the brainchild of steelmaker BlueScope and iron ore producers Rio Tinto and BHP, with oil and gas giant Woodside also announced as a project partner and energy supplier this week.
No financial details were disclosed. BHP, Rio and Fortescue Metals Group Ltd. supply almost 60% of the world’s seaborne iron ore from the Pilbara. Still, the lower grades from the region pose a ...
The area, later known as Dowd Hill, would become one of the main deposits at Koolyanobbing with about 60 million tonnes of iron ore. In 1960, the WA government and mining giant BHP reached an ...