BHP has confirmed a settlement agreement with Vale regarding group action proceedings in the UK in respect of the Fundão Dam failure in Brazil. The miner said it and its UK arm were defendants to a group action claim in the English High Court, which was brought by over 600,000 claimants seeking damages in relation to the 2015 Fundão Dam…
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BHP said it will temporarily suspend its Western Australian nickel operations as it has not “been able to overcome the substantial economic challenges driven by a global oversupply of nickel.” The miner said the suspension will begin in October and last at least until February 2027. “We understand this is a challenging period for the Western Australia Nickel team and…
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Miners Vale and BHP, and their joint venture Samarco, have presented Brazilian authorities with a new offer to settle reparations for a tailings dam collapse in 2015, reported Reuters. The new proposal totals 140 billion reais (US$26.09 billion), including 37 billion reais already disbursed in reparation measures, Vale said in a securities filing. It is 13 billion reais higher than…
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Before the first Early Learner CAT 793 battery-electric haul truck (BEHT) rolls into BHP’s Jimblebar mine in Western Australia in October, the miner’s Operational Decarbonisation team visited Caterpillar’s Tucson Proving Ground (USA) to witness it in action. “It’s incredibly exciting to be here in Tucson seeing this battery-electric truck in action. Not only do these trials represent an important step…
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Photo: Komatsu Rio Tinto and BHP announced a collaboration on the testing of large battery-electric haul trucks in Western Australia’s Pilbara region to accelerate the potential for future deployment. The two miners will work with Caterpillar and Komatsu to conduct independent trials of their battery-electric haul trucks, including testing of battery and charging systems, to assess performance and productivity in…
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Anglo American has rejected a third unsolicited takeover proposal from rival miner BHP but has agreed to extend the PUSU deadline to May 29. The latest bid included the same highly complex structure as the previously rejected proposals, which involved an all-share offer with a requirement for Anglo American to complete two separate demergers of its entire shareholdings in Anglo…
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BHP has awarded a A$757 million contract to CIMIC’s Sedgman and CPB Contractors, in joint venture, to undertake its Western Ridge Crusher project in Western Australia. The companies have worked with the miner over the past year to progress engineering, design and long-lead procurement for the project. The terms of the deal involves an end-to-end solution for design and construction…
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Anglo American has rejected a raised buyout proposal of £34 billion ($42.67 billion) from rival miner BHP as it “continues to significantly undervalue” the company, reported Reuters. This follows an initial rebuffed all-share bid of £31.1 billion ($39 billion). “The latest proposal from BHP again fails to recognise the value inherent in Anglo American,” said Stuart Chambers, Anglo American chairman.…
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A BHP senior executive said the global miner aims to receive its first ammonia-fuelled bulk carrier in 2026 as part of its plans to cut shipping emissions, reported Reuters. Rashpal Singh Bhatti, vice president of Maritime and Supply Chain Excellence at BHP, told the news agency that the company has shortlisted eight companies for the building, operation and fuel supply…
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Global miner BHP has confirmed that its Chilean mines – including the Escondida, Spence and Cerro Colorado copper operations – have surpassed 40% female representation, which is more than double the industry average. In line with the global commitment to achieve gender balance, BHP reached a 40.4% female presence in Chile. Another achievement: BHP has reached 40.8% women in leadership…
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