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BHP and XCMG ink equipment supply deal

BHP and XCMG ink equipment supply deal

BHP has partnered with Chinese heavy machinery manufacturer XCMG for the delivery of mining fleet solutions across its global operations. Under the global framework agreement, BHP and XCMG will co-develop solutions that will set new global standards for safety,...

Rio and Hancock to front $2.4bn for Hope Downs 2

The Hope Downs joint venture (JV) is about to get stronger, with Rio Tinto and Hancock Prospecting to invest $US1.6 billion ($2.4 billion) in the development of the Hope Downs 2 iron ore project. Located in the Pilbara region of Western Australia, the Hope Downs 2...