May 15, 2024

BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off.

May 15, 2024

Coal India, NMDC exploring lithium mines overseas

The Indian mines ministry is also encouraging other state-owned companies to scout for critical minerals overseas.

May 14, 2024

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

May 13, 2024

Glencore seeks Australian carbon capture approval amid farmer protests

The company is planning a three-year, A$210 million pilot project that would pump 330,000 metric tons of CO2 from a coal-fired power plant.

May 13, 2024

Anglo American rejects BHP’s revised $43 billion proposal

Anglo American stated that the new offer was "highly unattractive" for its shareholders.

May 13, 2024

Fully-loaded Rio Tinto’s autonomous train crashes in Australia

The incident, the second of this kind this year, happened in an area with no people nearby and it is being investigated, Rio said.

May 11, 2024

Australia’s budget will boost critical minerals, treasurer says

Australia’s critical minerals industry is a major part of the government’s push to capitalize on the worldwide green energy revolution.

May 11, 2024

Anglo investors tell company to move faster to survive BHP bid

Anglo shareholders have been urging the company to explain how it would create more value than by just selling to the rival.

May 10, 2024

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

May 9, 2024

Anglo American’s South Africa investors open to improved BHP bid

The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer.