London markets jump on industrials rally January 12, 2022 London markets jumped today driven higher by a strong rally among industrial stocks. The capital’s premier FTSE 100 index closed 0.81 per cent higher at 7,551.72 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, squeezed out 0.08 per cent of gains to reach 23,047.16 points. [...]
Nickel prices rise to 10-year highs as car giants embrace electric vehicles January 12, 2022 Nickel prices surged to decade-highs on Wednesday, as car giants scramble to secure supplies for electric vehicle batteries as the market booms.
Glencore wraps up acquisition of thermal coal mine as Anglo American and BHP exit joint venture January 11, 2022 Glencore has completed its acquisition of thermal coal mine Cerrejón as its joint venture partners divest from the project.
BHP backs Kabanga nickel mine development with $50m investment to boost ESG plans January 10, 2022 BHP has invested $50m to develop a nickel sulphide deposit in Tanzania, as it looks to continue its transition away from fossil fuels.
BHP terminates support agreement with Normont after withdrawing takeover offer December 23, 2021 BHP has ripped up its support agreement with Noront Resources after pulling out of a deal to acquire the nickel miner last week.
Rio Tinto acquires $825m Argentine lithium project after Serbia plans blocked December 21, 2021 Anglo-Australian miner Rio Tinto today announced it has agreed to buy the $825m Rincon lithium project in Argentina from Rincon Mining, in an effort to keep the momentum going for its push into battery materials as a way to future-proof for the transition to net zero. The world’s second-largest miner said it has purchased the lithium [...]
BHP ends talks with rival as Noront bidding war heats up December 13, 2021 Talks between Australian mining companies BHP and rival Wyloo have ended today as the companies compete to purchase Noront.
BHP’s board approves plans to leave FTSE 100 and scrap dual-listed share structure December 2, 2021 BHP Group’s board has approved proposals to scrap its dual-listed share structure, and leave the FTSE 100 ahead of a shareholder vote next month.
Activist investor pushes Glencore to spin off coal business November 30, 2021 Activist investor Bluebell Capital Partners has called on commodities titan Glencore to spin off its thermal coal business.
Analysts: BHP merger with Woodside will boost firm’s energy transition plans November 22, 2021 BHP's merger with Woodside is a positive move that helps the group transition away from the oil and gas industry, argues Hargreaves Lansdown.