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THE TRUTH ABOUT: 3 | History Defined

BHP Hedges China Risks With Olympic Dam Copper Investment

BHP (NYSE:BHP) has announced an investment of more than 840 million Australian dollars ($556 million) into growth-enabling copper projects at Olympic Dam in northern South Australia. The funding will expand mining access, upgrade smelting capacity, and reinforce the foundations of the company’s Copper SA operations.

Benzinga

Is China’s reported ban on BHP a bluff, or a glimpse of the future?

Though they still haven’t been officially confirmed, reports China’s state-owned buyer told steelmakers to stop purchasing iron ore from Australian mining giant BHP have rattled both markets and Canberra.

The Conversation

Australian prime minister urges China to resume iron ore imports after reported trade disruption

Australia's Prime Minister Anthony Albanese has urged China to import Australian iron ore without hindrance

The Independent UK

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Aussie shares trade flat amid BHP ore shipping worries

Australia's materials sector weighed on the bourse on reports of a trade stoush between China's iron ore buyer and BHP, while gold surged to a fresh record.

AAP

BHP cops $5b value hit on talk of China trade blockade

Reports China is halting iron ore shipments from BHP have weighed on the world's biggest miner, but experts say any stoush over prices should be short-lived.

AAP

Australian Market Struggles With Closing Top Deals

Australia’s inability to close top MA deals is becoming a growing frustration. The collapse of Abu Dhabi National Oil Company’s (ADNOC) $18.7 billion takeover bid for Santos (OTCPK: SSLZY) (the nation’s biggest supplier of natural gas) earlier this month is just the latest example. Valuation disputes, regulatory hurdles, and unexpected…

Benzinga

Queensland coalmines marked for closure ‘uneconomic’, analysis shows, despite sector blaming royalties scheme

Findings show ‘zombie mines’ often restarted during coal price spikes and mothballed as prices return to normal levels

The Guardian - AU

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Miners lead the charge as Aussie shares push higher

Australian shares have started the week on the right foot but handed back some early gains as lumbering financials and real estate stocks capped the upside.

AAP

BHP blames ‘coal tax’ for job layoffs. But there’s obvious reasons coalmines aren’t as profitable anymore

Rising wages and costs of having to dig deeper for minerals – not royalty payments – are behind job cuts in a sector that appears to be in decline

The Guardian - AU

Queensland deputy premier labels BHP ‘unAustralian’ as mining giant blames job cuts on coal royalties scheme

Jarrod Bleijie defends levy as BHP Mitsubishi Alliance moves to mothball Saraji South mine and slash 750 jobs

The Guardian - AU

Coal 'crisis': hundreds of jobs cut, mine mothballed

A mining giant has been labelled "un-Australian" by a state government for cutting hundreds of jobs and mothballing one of its oldest sites.

AAP

Nice deal if it happens – but Anglo Teck is also an invitation to other bidders

The proposed $53bn merger looks logical in its own terms but it is far from being a done deal

The Guardian - UK

Anglo American stock rises 9% after merger deal with Teck Resources

The tie-up is set to be the biggest mining sector merger in over a decade.

Euronews

US backs Aust-led copper project despite tribe concerns

BHP and Rio Tinto want to mine one of the largest copper deposits in North America, if they can get a hoped-for transfer of federal forest land in Arizona.

AAP

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Euronews

US President meets BHP and Rio Tinto chiefs over Arizona copper mine

Executives of two of the world’s biggest mining companies, BHP and Rio Tinto, have lobbied at the White House as part of their long-running bid to develop a vast copper mine in the US.

Benzinga

Iron Drags BHP Earnings To A Five-Year Low

The leading global miner BHP Group (NYSE:BHP) posted its weakest annual result in five years, showing the pressure from lower iron ore prices and China’s softer steel demand. The firm reported underlying attributable profit of $10.16 billion, marking a 26% drop from the prior year.

Evening Standard

FTSE 100 Live 19 August: Defence stocks falter, miner BHP cuts dividend

A retreat for defence stocks today failed to prevent the FTSE 100 index edging higher amid a strong session for JD Sports Fashion and Marks Spencer.

AAP

BHP mulls mothballing coal mines over royalty regime

BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.

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AAP

Australian shares gain as miners rise, banks fall

The ASX200 has gained 0.1 per cent as losses for the big retail banks were outweighed by gains for mining giants BHP, Rio Tinto and Fortescue.

AAP

Rally propels Aussie shares to another record close

The Australian share market has crossed 8700 points for the first time in its biggest rally since April, while posting its best weekly performance for 2025.

The Guardian - UK

Mining companies are pumping seawater into the driest place on Earth. But has the damage been done?

In Chile’s drought-stricken Atacama desert, Indigenous people say desalination plants cannot counter the impact of intensive lithium and copper mining on local water sources

Benzinga

BHP Partners With BYD's FinDreams For Mine Electrification

A leading global miner, BHP (NYSE:BHP), has signed a Memorandum of Understanding (MoU) with FinDreams Battery Co., a subsidiary of the Chinese EV and battery manufacturer BYD Group (OTCPK: BYDDF).

Benzinga

BHP Taps China's Battery Leaders For Green Mining Future

Mining giant BHP Group Ltd. (NYSE:BHP) has entered into two separate Memoranda of Understanding (MOUs) with leading Chinese battery firms Contemporary Amperex Technology Co., Limited (CATL) and FinDreams Battery Co., Ltd (FDB), a subsidiary of BYD Co. Ltd. (OTC:BYDDY), to accelerate the decarbonization of its mining operations.

The Guardian - AU

Detection of fire ants in Queensland 800km from closest infestation sparks fury over gaps in eradication funding

Businesses and industry urged to stay alert after invasive species discovered at coalmine in Moranbah, about 150km inland from Mackay

International Business Times

Ten Years After Brazil Mine Disaster, Pollution Persists

A decade after a dam collapsed in Brazil, sending a deluge of toxic mud into villages and waterways, residents complain of an inadequate cleanup and compensation by international mining firms.

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