Mining

BHP has not ruled out joining forces with Rio Tinto, or another Pilbara iron ore player, to confront its biggest customer flexing its market muscle.

A Reserve Bank report says Australia’s push to become a global force in critical minerals may take far longer than expected, despite a major new deal with the US.

BHP’s boss is warning high energy prices are crippling Australia’s competitiveness, saying the country is at risk of being left behind by its rivals in the global race for investment. 

STEPHEN JOHNSON: As China’s economic growth slows, Guinea’s Simandou iron ore could put downward pressure on prices, hurting Australian tax revenue.

Annual revenue generated by the main gold and silver mint on Australia’s east coast surged 98 per cent to more than $18 billion, but some accounting wizardry saw profit rise just 7 per cent. 

Anthony Albanese helped mining giant BHP mark its 140th anniversary during this week’s trip to the White House that secured a crucial critical minerals deal with Donald Trump.

China’s Ministry of Foreign Affairs has reacted to the critical minerals deal announced by US President Donald Trump and Prime Minister Anthony Albanese.

The wide-ranging agreement included funding support by the Export-Import Bank of the US and Export-Finance Australia to Australian companies targeting rare earths, graphite, magnesium, titanium and scandium.

WA’s two most prolific iron ore miners should join forces to prevent China’s emboldened commodities buyer from squeezing them on price, according to one global investment bank.

BHP’s Australia boss has said the mining giant’s relationship with China is ‘strong’ amid a rumoured ban on the company’s iron ore and revealed her price prediction for the vital commodity.

Scores of Fortescue jobs are set to go as the miner offshores work to China and Germany while drastically scaling back plans to build renewable batteries in-house for mining trucks and equipment.

Local rare earth stocks continue to accumulate massive gains as tensions between China and the United States over the coveted basket of minerals reach boiling point.

The mining giant has a bullish view on Chinese steel demand and is tipping a strong finish to the year in the Pilbara as it stays in the race to meet its full-year shipments goal.

The mania to buy gold has now spread from fed-up citizens like Matthew, to mums and dads, and Wall Street giants.

Rio Tinto and Japanese partners Mitsui and Nippon Steel will pour $1.1 billion into new iron ore deposits in Western Australia’s Pilbara region.