Rio Tinto Offers $2.7 Billion for Remaining Stake in Turquoise Hill
Rio Tinto PLC offered to pay roughly $2.7 billion to buy out minority shareholders in Canada’s Turquoise Hill Resources Ltd.,...
quarrying
Russian Aluminum Giant’s Owner Considers Splitting Foreign Operations
The controlling shareholder of Rusal, 486 34.08% Russia’s largest aluminum producer, said it was exploring a separation of the company’s...
Rio Tinto Needs to Spend Money to Make Money
A world-wide shortage of many major commodities is a headache for most companies these days. But for Australian metals heavyweight...
Where Is There More Lithium to Power Cars and Phones? Beneath a California Lake.
CALIPATRIA, Calif.—In the U.S. hunt for lithium, an essential component of the batteries that power electric vehicles and cellphones, one...
Rio Tinto Says Racism and Sexual Harassment Are Widespread at Miner
SYDNEY—When one Rio Tinto PLC worker reported she had been sexually harassed by a colleague, a manager told her it...
Deadly Mining Disaster Still Tests Vale Three Years Later
Costs related to the incident have continued to rack up, Brazilian authorities have been slow to permit further mining amid...
BHP to Sell Controlling Stake in Two Coal Mines for Up to $1.35 Billion
ADELAIDE, Australia— BHP Group Ltd. said it would sell its controlling interest in two metallurgical coal mines to Stanmore Resources...
Unfinished Tractors, Pickup Trucks Pile Up as Components Run Short
Manufacturers are stacking up unfinished goods on factory floors and parking incomplete vehicles in airport parking lots while waiting for...
Steelmakers Grapple With How to Cut Carbon Emissions
A recent shipment of 24 metric tons of Swedish steel could mark the beginning of what the steel industry hopes...
BHP Considers Sale of $15 Billion-Valued Petroleum Business
SYDNEY— BHP Group Ltd. , the world’s biggest mining company, said it is considering the sale of its petroleum business,...
A Gold Mine Takeover Highlights Increasing Mining-Sector Risk
Canada’s Centerra Gold Inc. invested more than $3 billion over nearly three decades to turn a remote gold prospect in...
Tesla CEO Elon Musk Says He Personally Owns Bitcoin—and So Does SpaceX
Elon Musk didn’t specify the size of his personal bitcoin holding or that of SpaceX. Photo: Samuel Corum/Bloomberg News Tesla...
The World’s Biggest Miner Picks Profit Over Production
SYDNEY— BHP Group Ltd. BHP -2.74% ’s chief executive earlier this year reminded investors that mining companies that bet big...
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
