BHP

BHP seeks copper deals

BHP is ramping up its global search for copper to meet surging demand fueled by the energy transition. However, the scarcity of high-quality deposits, particularly in stable jurisdictions, poses a significant challenge for the mining giant, according to recent reports. Over the past five years, BHP has undergone a strategic shift in its investment priorities. […]

BHP sees steel and copper demand recovering

BHP Foresees an economic recovery in China and central bank rate cuts to boost demand for steel and copper but asks to be vigilant about potential trade tensions posing risks to global growth, as it reported its lowest first-half profit in six years. BHP had planned a $49 billion takeover of Anglo American, aiming to […]

Brazil Finalizes $30 Billion Compensation Deal with BHP, Vale Over 2015 Dam Disaster

Brazil has finalized a 170 billion reais ($29.85bn) compensation agreement with miners BHP, Vale, and Samarco for the Mariana dam collapse in 2015, considered one of the worst environmental disasters. The agreement, signed on Friday, aims to address the extensive damage caused by the collapse of the Fundão tailings dam, which released a massive wave […]