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The Latest Breaking News from BHP

BHP Group seeks delay to Brazil dam court case

Mining group BHP Group is seeking to delay a potential 36 billion pound ($44 billion) London lawsuit over Brazil's worst environmental disaster as it needs more time to prepare, the company's lawyers said on Wednesday.

Reuters

Premier keen to get cracking on SA desalination plant

The development of a multibillion dollar desalination plant has featured in South Australian Premier Peter Malinauskas's first state-of-the-state address.

AAP

University chancellor Paul Jeans makes second move to retire

Paul Jeans, the former BHP executive turned University of Newcastle Chancellor, will retire in December after his first move to stand aside sparked a succession crisis for the institution in 2021.

Newcastle Herald

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Independence of Western Australia government's BHP dust review in Newman questioned by Greens, academic

Documents show regulators backed down on health advice regarding dust after it was "contested" by the mining giant.

ABC News

BHP mines identified as 'dominant source' of dust in Newman, says government review

Residents of a Pilbara mining town say better research needs to be done to measure the health impacts of dust generated by the industry around them.

ABC News

Mayfield milestone: factory hits a century

'I walked in off the street and I think I started the following day.'

Newcastle Herald

BHP launches renewable diesel trial, raising concerns over biofuel in net zero transition

Mining giant BHP has launched a "renewable diesel" trial to reduce carbon emissions at a Pilbara iron ore mine, but an environmental engineer says the company may be better off with the real thing.

ABC News

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Close to Retiring? These 3 Stocks Are as Safe as They Come

The Fed’s potential higher-than-expected interest rate hikes have fueled concerns among investors about a mild recession. Hence, fundamentally stable and dividend-paying stocks Walmart (WMT), BHP Group (BHP), and American Vanguard (AVD) could be particularly enticing for those nearing retirement and seeking security in their investment approach. Read more….

StockNews.com

Lack of regional child care a barrier for workers: BHP

Families can wait up to two years for a child-care place in regional areas, making it harder to attract workers, BHP warns in its federal budget submission.

AAP

3 High-Quality Stocks to Add to Your Portfolio Now

With the recent robust economic data pointing to sticky inflation, growing fears about the Fed’s potential rate hikes are expected to keep the stock market highly volatile in the upcoming months. Amid a volatile macro environment, it could be wise to add high-quality stocks BHP Group (BHP), Cisco Systems (CSCO),…

StockNews.com

Resources veteran joins green hydrogen pioneer Hysata

Emerging electrolyser manufacturer Hysata has appointed Dean Dalla Valle as its chair to champion homegrown technology and broker international deals.

AAP

Woodside accused of not taking carbon emission responsibilities seriously in new climate report

Climate action groups are warning some of the nation's biggest emitters face growing increasingly isolated from shareholders and industry groups if they do not act to reduce their carbon output.

ABC News

The 4 Best Dividend Stocks to Buy for an Early Retirement

The stubbornly high inflation is increasing the likelihood that the Federal Reserve will continue its economically painful monetary policy for longer than anticipated, which could tip the economy into a recession. Despite the uncertainties, quality dividend-paying stocks BHP Group (BHP), Telekom Austria (TKAGY), Global Partners (GLP), and MV Oil (MVO)…

StockNews.com

Energy crisis, merger fuels higher Woodside profit

Oil and gas giant Woodside has announced an underlying full-year net profit of $US5.2 billion ($A7.7 billion), up 223 per cent from the previous year.

AAP

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The Guardian - AU

Strange bedfellows: inside the campaign for the black soil plains

Farmers have invited crossbench MPs to join the campaign against Santos’s proposed coal seam gas development on the Liverpool plains

ABC News

Union demands job security for workers at BHP's Daunia, Blackwater coal mines following sale annoucement

A mining union is calling for BHP to guarantee the jobs and entitlements of workers at its Daunia and Blackwater coal mines in central Queensland, which the company intends to sell in the next 18 months.

AAP

OZ Minerals FY22 profit crumbles ahead of BHP takeover

OZ Minerals' annual profit has more than halved as lower commodity prices, labour shortages and energy costs cause short-term pain for the future-facing miner.

Newcastle Herald

BHP CEO Mike Henry criticises NSW government coal reservation

BHP CEO Mike Henry talks about Mount Arthur and coal

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AAP

BHP urged to support coal communities as they exit

BHP's decision to sell two Queensland coal mines has riled unions and renewed calls from the resource industry for a review of the state's royalty rates.

ABC News

BHP announces sale of Daunia and Blackwater coal mines, citing royalty hike frustration

Mining giant BHP announces its intention to sell two central Queensland mines, one of which has been operating for 50 years.

The Guardian - AU

Afternoon Update: Queensland admits bail reform ‘incompatible with human rights’; BHP profits slide; and Venice’s drying canals

State’s tough crackdown on youth crime draws criticism

Newcastle Herald

BHP records strong earnings from coal

BHP returns another strong result with coal as iron ore and copper both slip

AAP

BHP first-half profit slides amid global headwinds

Mining giant BHP has posted a drop in first-half profit, earnings and dividend on lower iron ore prices and inflationary pressures.

StockNews.com

3 Cash-Rich Dividend Stocks to Add to Your Portfolio Today

While inflation has been cooling, the jobs market remains tight. This could prompt the Fed to raise the benchmark rates more than many projected, leading to a recession this year. Amid this backdrop, investors could look to stabilize their portfolios by adding cash-rich dividend stocks Pfizer (PFE), BHP Group (BHP),…

Newcastle Herald

Coal exporters now required to supply NSW power stations

Export-focused coal companies will now be required to provide cheaper coal to NSW power stations under revised coal reservation policy directions.

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