May 28, 2024

BHP and Anglo remain split on South Africa as time runs out

BHP has until 5 p.m. London on Wednesday to commit to an offer.

May 28, 2024

Iron ore price falls to one-week low as weak fundamentals outweigh latest property stimulus

Steel demand remains subdued in China despite the latest property stimulus.

May 27, 2024

JPMorgan says BHP plan risks $4.3 billion South Africa outflow

Such an outflow, if a deal goes ahead, could weaken the rand.

May 27, 2024

Iron ore price dips as falling China demand, high shipments weigh

A seasonally slowing demand for steel products will also drag down consumption for iron ore, Sinosteel Futures said.

May 27, 2024

BHP, Rio Tinto to fast-track electric haul truck trials

The partnership is part of BHP and Rio Tinto’s larger efforts to lower their operational emissions and reach net zero by 2050.

May 25, 2024

BlackRock encouraged Anglo to extend talks with BHP

Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger.

May 23, 2024

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners.

May 23, 2024

Rio Tinto faces pressure to leave London exchange

Activist investor Palliser Capital argues that switching its primary listing to Australia would boost Rio Tinto's shares by about 40%.

May 22, 2024

Iron ore price hits three-month high on China demand

China last Friday announced "historic" steps to stabilize its crisis-hit property sector.

May 22, 2024

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.