Turquoise Hill rejects Rio Tinto’s $2.7bn takeover offer
Turquoise Hill considers that the offer does not fairly reflect the strategic value of its stake in the Oyu Tolgoi…
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Tsingshan in talks to sell Indonesia steel assets to China Baowu Steel
The potential sale deal could be worth $3bn to $4bn.
BHP’s profit increases in 2022 on higher commodity prices
The firm’s profit from operations climbed to $34.1bn in 2022 from $25.5bn a year ago.
Glencore’s shipments to Chinese trader halted over missing $500m of copper
The storage site in the port of Qinhuangdao was found to hold only one-third of the 300,000t of copper concentrate.
Stanmore signs $380m deal to buy Queensland coal venture
The deal to buy the remaining stake in Stanmore SMC forms part of Stanmore’s efforts to develop existing operations.
Tesla signs $5bn nickel products supply contracts with Indonesian firms
Indonesia has been looking to attract investments from Tesla and boost domestic development of electric vehicles and batteries.
Impact to offload 75% stake in Commonwealth metals project
Impact will hold a 19.9% stake in Burrendong, with the two firms owning the Commonwealth project under a JV.
Chalice Mining purchases securities of Currie Rose Resources
Chalice acquired 12.5 million common shares in the capital and four million common share purchase warrants of Currie Rose.