Edition:
United States

Melanie Burton

Mining giant BHP pays record dividend, but flags global growth headwinds

Aug 19 2019

MELBOURNE BHP Group posted its largest annual profit in five years and record full-year dividends, but its share price eased as the world's biggest miner flagged global economic headwinds that could hit demand for its key commodities, iron ore and copper.

Australian Pacific Coal mulls options after regulator bars mine extension

Aug 12 2019

MELBOURNE Australian Pacific Coal said on Tuesday it was considering its options after a state regulator refused to extend the life of a mothballed coal mine, partly due to a lack of information around the proposed mine's carbon emissions.

China's CMOC seeks opportunities to beef up battery metals business -CEO

Aug 09 2019

MELBOURNE, Aug 9 Fresh from closing a $518 million acquisition, metals firm China Molybdenum Co (CMOC) remains open to deals that would boost business in the booming electric vehicle (EV) battery sector, the company's chief executive said on Friday.

RPT-Electric ambition: BHP eyes EV market with speciality chemicals

Aug 04 2019

KWINANA, Australia, Aug 2 BHP Group will face a test of its ability to move beyond bulk mining over the coming year with a foray into specialty chemicals for the battery industry at its once struggling Nickel West division.

Electric ambition: BHP eyes EV market with speciality chemicals

Aug 02 2019

KWINANA, Australia BHP Group will face a test of its ability to move beyond bulk mining over the coming year with a foray into specialty chemicals for the battery industry at its once struggling Nickel West division.

Electric ambition: BHP eyes EV market with speciality chemicals

Aug 02 2019

KWINANA, Australia, Aug 2 BHP Group will face a test of its ability to move beyond bulk mining over the coming year with a foray into specialty chemicals for the battery industry at its once struggling Nickel West division.

BHP to start nickel sulfate production for EVs in second-quarter of 2020

Aug 02 2019

KWINANA, Australia BHP Group plans to start production of nickel sulfate in the second quarter of next year, as it ramps up sales of its nickel products to the battery industry, asset president Eddie Haegel said on Friday.

Rare earth producer Lynas says permit renewal on track

Jul 28 2019

Australian rare earth producer Lynas Corp Ltd said on Monday it is on track to have its Malaysian operating license renewed, as it flagged soft demand from China amid a slip in quarterly sales revenue.

'One-trick pony'? Australian exports zoom despite global trade war

Jul 24 2019

SYDNEY/MELBOURNE Most world economies from Germany to Japan are bearing the brunt of an interminable U.S.-China trade war but one country that has been insulated from the blow so far is Australia, which is rolling in record export dollars.

Exclusive: Some Australian BHP investors push for external candidate for CEO

Jul 23 2019

MELBOURNE At least three institutional investors in Australia are pushing for global miner BHP Group to consider external candidates to replace Andrew Mackenzie as new CEO, sources with direct knowledge of the matter said.

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