The Latest Breaking News from BHP

Letters and Short Takes: Friday, July 19, 2024

The ASX200 has finished 0.2 per cent lower, dragged down partly by losses from BHP and Rio Tinto, but still notched its second-highest close ever.

Nickel operations across WA are being suspended by mining giant BHP due to an oversupply and plummeting prices for the mineral.

Investors underestimating the rate at which Rio Tinto is evolving. Its $15 billion investment into the giant Oyu Tolgoi copper mine in Mongolia gives Rio the potential to catch up to BHP in terms of production – it could produce close to 900,000 tons by the end of the decade,…

Investors have been warned that BHP's carbon footprint will get worse before it gets better as production ramps up to meet global demand.

South Africa's Anglo American may have rejected BHP's recent bid but the energy transition will drive copper demand for decades, including from South Australia.

While Rio Tinto has a consensus rating of 'Strong Buy' from analysts and boasts of a dividend yield of over 6%, let's see if the mining giant is really a compelling buy at these prices.

A gusty $20 billion in investment will blow in from a mere three offshore wind projects that one team plans to build to help rewire industrial heartlands.

A centuries-old British institution is set to be sold to a foreign firm. Royal Mail's parent company has accepted a £3.6 billion takeover offer by Czech billionaire Daniel Kretinsky's EP group. Privatised about a decade ago, the postal service that dates back to Tudor times has struggled in the era…

The ASX200 fell 0.5 per cent to a four-week low during trading, with the mining sector leading the decline as sentiment sours.

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