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.
Anthony Albanese is going to offer Donald Trump priority access for America to buy Australia’s critical minerals and rare earths when they meet this month, so the US Defence industry isn’t reliant on China.
Ships laden with BHP’s iron ore are continuing to set sail for China despite the global superpower’s supposed ban on the mining giant’s key export. But the champagne should stay on ice.
Mining behemoth BHP is continuing to negotiate a deal to keep iron ore from its vast Pilbara empire flowing into Chinese steel mills, with rumours of a ban rejected as not true.
New technology, electrification and carbon management solutions in Australia’s resource sector will be central to the Government’s plans to cut emissions by between 62-70 per cent by 2035.