New Hope Group’s underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) was up 40.8 per cent for the quarter. EBITDA was reported at $304.6 million, which New Hope attributed to stronger production and higher realised pricing. Group coal...
Rio Tinto has entered into definitive agreements to fast-track GravitHy’s steel decarbonisation project in Fos-sur-Mer, France. GravitHy’s proposed two million tonnes per annum iron production facility is expected to be commissioned in 2028. The facility is situated...
President-elect Donald Trump’s transition team is planning to kill the $7 500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could...
A Brazilian federal court ruled miners Vale, BHP Group and their joint venture Samarco are not criminally liable for the deadly 2015 Fundao tailings dam collapse, according to a statement from the court on Thursday. The dam collapse at an iron-ore mine owned by...
Metso’s Planet Positive offering will be renamed to Metso Plus, building on the company’s expertise in tackling sustainability challenges. Planet Positive was launched in 2021 and to date has over 100 products in its sustainable product portfolio. The new name and...
