by Gordon Barratt | Nov 4, 2024 | News
Rio Tinto has completed its acquisition of Sumitomo Chemical Company’s (SCC) 20.64 per cent stake in New Zealand Aluminium Smelters (NZAS), marking a significant milestone for the company’s New Zealand operations. The transaction was finalised on November 1. NZAS,...
by Gordon Barratt | Nov 4, 2024 | News
Hancock Prospecting has recorded an uptake in earnings for the 2023–24 financial year (FY24), delivering $5.56 billion in net profit after tax and $14.7 billion in revenue. The Gina Rinehart owned company credited the increase in profit to its consistent iron ore...
by Gordon Barratt | Nov 1, 2024 | News
The US International Development Finance Corporation (DFC) has approved a $150-million loan to support the development of the Balama graphite mine, in Mozambique. The loan agreement follows a conditional commitment from DFC to Syrah Resources subsidiary...
by Gordon Barratt | Nov 1, 2024 | News
In the race to secure copper for the clean energy transition and artificial intelligence applications, a range of companies are firing up abandoned assets once seen as financial liabilities to fast-track significant volumes of supply. The...
by Gordon Barratt | Nov 1, 2024 | News
BHP has reinforced its strategic partnership with global technology leader ABB through a new multi-year global framework agreement. ABB, known for its expertise in industrial automation, electrification and digitalisation, is a critical technology partner across BHP’s...