Bhp Share Discussion Threads

[the white house] 06/11/2019 06:21

Nice. That's why strong then....Good time to be signing deals given level of iron ore prices compared to previous 2 to 3 years

[sarkasm] 06/11/2019 03:57

MELBOURNE, Australia--BHP Group Ltd. (BHP.AU) said it has signed more than a dozen sales agreements with Chinese iron ore, metallurgical coal and copper customers at a big trade conference in China this week.

The agreements with a range of Chinese customers cover product sales and purchases, increasing cooperative partnerships and opportunities for sharing market views, said BHP Chief Commercial Officer Vandita Pant, who attended the China International Import Expo with Australian Trade Minister Simon Birmingham, the company said Wednesday.

China is the big mining company's largest market, with more than half of its products sold there.

Ms. Pant said the Chinese expo has become an important event to collaborate with Chinese customers. At the expo last year, BHP signed memorandums of understanding for the potential supply of potash from the miner's Jansen project being developed in Canada.



Write to Robb M. Stewart at [e-mail]



(END) Dow Jones Newswires

November 05, 2019 17:33 ET (22:33 GMT)

[waldron] 05/11/2019 17:11

Iron Ore 82.45 USD -1.10(-1.33%)
Gold COMEX 1,483.60 -1.82%
Silver COMEX 17.55 -2.88%
Platinum NYMEX 930.40 -0.88%
Copper COMEX 2.70 +1.10%
Brent Crude Oil NYMEX 62.79 +1.06%
Gasoline NYMEX 1.65 +0.67%
Natural Gas NYMEX 2.95 +1.90%
(WTI) 57.12 USD +1.01%

Rio Tinto
4,343 +1.14%

Bhp
1,764.6 +2.43%


Anglo American
2,086.5 +0.31%


Glencore
259.15 +2.76%

[the white house] 05/11/2019 13:55

I would recommend Shell vis a vis LNG...Strong again

[waldron] 04/11/2019 16:57

Iron Ore 82.45 USD -1.10(-1.33%)
Gold COMEX 1,508.90 -0.17%
Silver COMEX 18.00 -0.29%
Platinum NYMEX 940.10 -1.46%
Copper COMEX 2.66 +0.30%
Brent Crude Oil NYMEX 62.67 +1.59%
Gasoline NYMEX 1.66 +1.39%
Natural Gas NYMEX 2.91 +3.78%
(WTI) 57.27 USD +1.94%



Rio Tinto
4,294 +3.02%

Bhp
1,722.8 +2.95%

Anglo American
2,080 +1.79%

Glencore
252.2 +4.67%

[the white house] 04/11/2019 11:17

Nice couple of days. China back

[adrian j boris] 02/11/2019 19:16

SYDNEY--The next boom in electric vehicles could be the world's mining fleet.

From rural Canada to Australia's dusty Outback, companies are swapping out diesel-fueled drills, loaders and utility vehicles for equipment powered by lithium-ion batteries. They are looking to reduce emissions and eliminate the exhaust fumes that foul the underground air and risk miners' health.

Around 35 electric vehicles are at work at Newmont Goldcorp Corp.'s Borden mine near Chapleau, Ontario, unearthing ore or ferrying workers around the site, which began producing commercial volumes in October. Newmont wants the mine to go all-electric. An electric production drill will arrive early next year, a spokesman said, and diesel haul trucks are likely to be phased out.

"The Holy Grail is a haul truck," said Kirsten Rose, who oversees low-emission technologies at BHP Group Ltd., the world's largest mining company by market value. These heavy-duty trucks carry tons of ore out of the bottom of pits, and with current technology, matching the power of their diesel engines would require an enormous battery pack.

BHP has been testing a light electric vehicle over the past year at Olympic Dam, Australia's largest underground mine, and this month it will add another. The company intends to expand the trial to other Australian mines. In Canada, workers planning BHP's Jansen potash project are assessing how many electric vehicles could be deployed if it goes ahead.

The aim is one day to eliminate all diesel-powered machines from mine sites, Ms. Rose said.

Smaller rivals are also stepping up efforts to go green. Among them, Nouveau Monde Graphite Inc. is planning an all-electric open-pit graphite mine in Quebec.

At Fortescue Metals Group Ltd., one of the world's top suppliers of iron ore, CEO Elizabeth Gaines said, "We're always looking at opportunities to replace diesel." But "the technology--the battery life--isn't quite there yet for our operations," she said.

The technology is advancing rapidly, but that can present another challenge: "It's like laptops," said Drew O'Sullivan, who is leading BHP's trial at Olympic Dam. "By the time you get it home, it's outdated."

The purchase price is a further hurdle. Electric vehicles for use in mines cost from 40% more than to three times as much as diesel-powered ones, experts say.

Proponents counter that running costs are lower. Borden's annual energy expenses should be lower by roughly US$9 million--possibly more--than a traditional mine's, the Newmont spokesman said. One factor in that: As much as 40% of an underground mine's energy costs are tied to powering giant ventilation systems to extract pollutants from tunnels.

Customers and investors are pushing for global resources companies to clean up their act. With a growing focus on the social impact of investments, many big pension funds and asset managers, as well as project financiers, are pressing miners to disclose and reduce their carbon footprints. Diesel is a ripe target: It accounts for more than one-third of BHP's direct operational emissions, Ms. Rose said.

Regulators may soon join in the push. In July, the mines department of Western Australia state raised fresh concerns about the health of workers who spend up to 12 hours a day guiding heavy machinery around subterranean labyrinths.

"Diesel-engine exhaust is a known hazard for mining operations, especially in underground mines," said Andrew Chaplyn, the department's director of mines safety. A government committee is drawing up recommendations for the state's mines minister.

Within a few years, diesel machinery will likely no longer be used at new underground mines in Australia, while being phased out at others, said Sherif Andrawes, global head of natural resources at accounting and advisory firm BDO.

"I think what we are seeing now is the start of something quite big," he said.

Rio Tinto PLC, the world's second-biggest miner by market value, is even studying the potential for hybrid engines on its heavy-haul railway trains. Ian Vella, who oversees rail services for Rio Tinto, is excited about the regenerative-braking aspect.

"Imagine a giant battery on one of those locomotives that is taking energy from the train as it is braking, storing it, and then it can use it when it needs power on the network," he said.

Still, electrifying mine fleets won't do much to cut the industry's overall emissions without a shift away from fossil fuels to renewable power for generating electricity.

Some miners are moving in that direction. Last month, Fortescue struck an agreement with electricity generator Alinta Energy to help power its Chichester iron-ore production hub with solar energy, displacing roughly 100 million liters of diesel annually.

Write to Rhiannon Hoyle at [e-mail]



(END) Dow Jones Newswires

November 02, 2019 05:44 ET (09:44 GMT)

[waldron] 01/11/2019 16:50

Iron Ore 83.55 USD -6.00(-7.18%)
Gold COMEX 1,512.40 -0.16%
Silver COMEX 18.06 -0.04%
Platinum NYMEX 958.10 +2.61%
Copper COMEX 2.65 +0.36%
Brent Crude Oil NYMEX 60.54 +1.54%
Gasoline NYMEX 1.61 +2.22%
Natural Gas NYMEX 2.74 +0.33%
(WTI) 55.02 USD +1.74%


Rio Tinto
4,150 +3.39%

Bhp
1,673.6 +2.37%

Anglo American
2,043.5 +3.12%

Glencore
240.1 +3.20%

[the white house] 01/11/2019 15:32

Back in, been a while : Donkeys years

[loganair] 01/11/2019 09:59

It seems to me the main driver for BHP to go for clean, Green energy to power some of their mines and plants is because in the long run is going to be cheaper then using fossil fuels....BHP are going this way as is the long run will save them money - oh! and looks good too...

[grupo guitarlumber] 01/11/2019 06:36

NOVEMBER/06/2019 | 11:00pm Annual General Meeting

NOVEMBER/11/2019 | 03:00am Investor Meeting

[waldron] 31/10/2019 16:47

Iron Ore 89.55 USD -0.25(-0.28%)
Gold COMEX 1,514.00 +1.16%
Silver COMEX 18.05 +1.00%
Platinum NYMEX 936.90 +0.68%
Copper COMEX 2.63 -1.92%
Brent Crude Oil NYMEX 59.39 -1.41%
Gasoline NYMEX 1.59 -1.91%
Natural Gas NYMEX 2.66 -1.19%
(WTI) 54.12 USD -1.35%



Rio Tinto
4,014 -1.21%

Bhp
1,634.8 -1.10%

Anglo American
1,981.6 -0.82%

Glencore
232.65 -2.00%

[waldron] 30/10/2019 16:54

Iron Ore 89.80 USD -0.23(-0.26%)
Gold COMEX 1,496.70 +0.40%
Silver COMEX 17.88 +0.25%
Platinum NYMEX 928.80 +0.40%
Copper COMEX 2.69 +0.04%
Brent Crude Oil NYMEX 60.48 -1.22%
Gasoline NYMEX 1.64 -0.35%
Natural Gas NYMEX 2.68 +1.52%
(WTI) 54.51 USD -1.75%



Rio Tinto
4,069 -2.07%

Bhp
1,652.8 -1.48%

Anglo American
1,996.2 -2.55%


Glencore
237.35 -1.47%

[maywillow] 30/10/2019 13:19

BHP Barclays Capital Overweight 2,075.00 - Reiterates

[waldron] 29/10/2019 17:01

Iron Ore 90.03USD -0.20(-0.22%)
Gold COMEX 1,491.70 -0.27%
Silver COMEX 17.85 -0.17%
Platinum NYMEX 924.20 +0.57%
Copper COMEX 2.69 +0.30%
Brent Crude Oil NYMEX 61.50 +0.41%
Gasoline NYMEX 1.65 +1.07%
Natural Gas NYMEX 2.68 +4.85%
(WTI) 55.71 USD -0.16%


Rio Tinto
4,155 +0.36%

Bhp
1,677.6 -0.05%

Anglo American
2,048.5 +0.29%

Glencore
240.9 +0.58%

[waldron] 28/10/2019 16:46

Iron Ore 90.23USD 0.01(0.01%)
Gold COMEX 1,494.00 -0.75%
Silver COMEX 17.85 -0.42%
Platinum NYMEX 918.70 -1.56%
Copper COMEX 2.68 +0.34%
Brent Crude Oil NYMEX 61.43 -0.95%
Gasoline NYMEX 1.63 -0.35%
Natural Gas NYMEX 2.54 +3.13%
(WTI) 55.8 USD -1.54%


Rio Tinto
4,140 +0.53%

Bhp
1,678.4 +1.28%

Anglo American
2,042.5 +1.34%

Glencore
239.5 +2.24%

[florenceorbis] 28/10/2019 08:39

UBS Neutral 1,750.00 - Unchanged

[waldron] 25/10/2019 16:59

Iron Ore 90.22 USD 0.11(0.12%)
Gold COMEX 1,511.00 +0.42%
Silver COMEX 18.12 +1.77%
Platinum NYMEX 938.50 +1.45%
Copper COMEX 2.69 +0.75%
Brent Crude Oil NYMEX 61.68 +0.02%
Gasoline NYMEX 1.63 +0.18%
Natural Gas NYMEX 2.46 -0.16%
(WTI) 56.37 USD +0.50%


Rio Tinto
4,118 +1.20%

Bhp
1,657.2 +0.74%

Anglo American
2,015.5 +1.61%

Glencore
234.25 +0.82%

[waldron] 24/10/2019 16:53

Iron 90.11 USD -0.34(-0.38%)
Gold COMEX 1,503.00 +0.49%
Silver COMEX 17.78 +1.11%
Platinum NYMEX 924.80 +0.26%
Copper COMEX 2.67 -0.19%
Brent Crude Oil NYMEX 61.54 +0.60%
Gasoline NYMEX 1.62 +0.70%
Natural Gas NYMEX 2.44 +0.33%
(WTI) 56.25 USD +0.95%


Rio Tinto
4,069 +0.27%

Bhp
1,645 +0.33%

Anglo American
1,983.6 +0.19%

Glencore
232.35 -0.71%

[waldron] 23/10/2019 16:53

Iron Ore 90.45 USD -0.08(-0.09%)
Gold COMEX 1,496.50 +0.61%
Silver COMEX 17.58 +0.43%
Platinum NYMEX 919.20 +2.59%
Copper COMEX 2.67 +1.25%
Brent Crude Oil NYMEX 60.17 +0.79%
Gasoline NYMEX 1.58 +0.95%
Natural Gas NYMEX 2.43 -0.82%
(WTI) 55.17 USD +1.81%


Rio Tinto
4,059.5 +0.78%

Bhp
1,642.6 +1.50%

Anglo American
1,983.4 +1.19%

Glencore
234.5 +1.38%

[adrian j boris] 23/10/2019 07:31

SYDNEY--BHP Group Ltd. (BHP.AU) said it has signed four new renewable-power agreements to meet energy demand for its Chilean copper operations and will record a roughly US$780-million provision linked to the cancellation of existing coal contracts.

BHP said the new renewable energy contracts for its Escondida and Spence mines in Chile will be value accretive even including the provision, which will be recognized in its financial results for the first half of fiscal 2020.

"These new renewable energy contracts will increase flexibility for our power portfolio and will ensure security of supply for our operations, while also reducing costs and displacing CO2 emissions," Daniel Malchuk, president of BHP Minerals Americas, said in a statement. The four contracts are estimated to reduce energy prices for the two operations by roughly 20%, he said.

The separate contracts agreed by Escondida and Spence include 10- and 15-year terms with ENEL Generación Chile and Colbun, and are due to start early next decade, BHP said.



Write to Rhiannon Hoyle at [e-mail]



(END) Dow Jones Newswires

October 20, 2019 19:26 ET (23:26 GMT)

[waldron] 22/10/2019 17:17

Iron Ore 90.53 USD -0.05(-0.06%)
Gold COMEX 1,487.20 -0.06%
Silver COMEX 17.47 -0.75%
Platinum NYMEX 893.30 +0.12%
Copper COMEX 2.63 -0.47%
Brent Crude Oil NYMEX 59.71 +1.27%
Gasoline NYMEX 1.58 +0.91%
Natural Gas NYMEX 2.46 +0.78%
(WTI) 54.35 USD +1.51%


Rio Tinto
4,028 +0.73%

Bhp
1,618.4 +0.94%


Anglo American
1,960 +1.04%


Glencore
231.3 -0.60%