BHP Billiton - ein Basisinvestment im Rohstoffsektor (Seite 12)

[Oginvest]

Energy stocks slip as Australia nears major emissions reduction bill

March 27 (Reuters) -Australia's energy stocks dropped on Monday as the lower house of the Parliament inched towards passing an emissions reduction plan that will put some curbs on new gas and coal investments and a limit on total emissions from the country's top emitters.

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Local energy sub-index .AXEJ lost up to 2.2% to mark its third consecutive day in red and the worst in a week, limiting losses in the ASX 200 benchmark, which was up 0.2% by 0358 GMT.

Mining giants BHP Group BHP.AX and Rio Tinto Ltd RIO.AX, major exporters of iron ore and copper across the globe, lost 0.7% and 1%, respectively. Both the stocks weighed on the local mining index .AXMM, which was down 0.3%.

Australia's "safeguard mechanism" reform plan, set to take effect on July 1, seeks to limit emissions from the country's biggest polluters, and is key to achieving its target to cut carbon emissions by 43% from 2005 levels by 2030 and achieve net zero emissions by 2050.

The plan "could mean less acceptances of new deals, which probably might be the biggest impact; so less project acceptances is going to mean these companies have less opportunity to make more money," said Josh Gilbert, market analyst at eToro.

"Broadly, it is probably something really negative for these companies - how negative that we may not see play out until we get commentary from the companies and how it will affect them directly."
https://www.xm.com/ph/research/markets/commodities/reuters/e…

[Oginvest]

BHP and Hatch partner to design Australian electric smelting plant

BHP has teamed up with global engineering firm Hatch to design an electric smelting furnace (ESF) pilot plant in Australia.

The move would support the companies’ decision to build a small-scale ESF demonstration plant, which is expected to contribute to BHP’s efforts to achieve the 2050 zero greenhouse gas target.

The proposed facility will help in demonstrating ways to reduce CO₂ intensity in the production of steel using iron-ore from BHP’s Pilbara mines.

BHP said the facility will enable collaboration with steel producers and technology providers to generate and exchange learnings to scale up ESF plant designs.

The pilot facility will be equipped to test and optimise iron production from the ESF, a new type of furnace capable of producing steel from iron ore using renewable electricity and hydrogen replacing coking coal in combination with a direct reduced iron (DRI) step.

According to estimates, more than 80% of CO₂ emission intensity is potentially achievable by processing Pilbara iron ores through a DRI-ESF pathway, compared with the conventional blast furnace steel route.

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https://www.mining-technology.com/news/bhp-hatch-australian-…

[Oginvest]

Codelco gains sustainability certification for El Teniente mine

Chile’s state-owned Codelco, the world’s largest copper producer, said on Tuesday it had obtained the Copper Mark sustainability certification for its flagship El Teniente mine.

The company said last year that it would seek the certification for all its operations by the end of 2023 and that El Teniente, located in a mountainous area about 100 km (62 miles) south of Santiago, would be the first to participate in the initiative.
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The Copper Mark is a voluntary global program created in 2019 in line with the United Nations Sustainable Development Goals (SDGs) and each site must meet 32 sustainability criteria to achieve the international seal.

“The credentials obtained by El Teniente today show that we are on the right track, which will become even clearer during 2023, when all our operations centers complete their processes and, we hope, obtain this seal of global reach,” said Andre Sougarret, Codelco’s executive president, said in a statement.

In Chile, the largest global copper producer, the Centinela and Zaldivar de Antofagasta mines and the deposits of BHP’s Escondida and Spence already have the qualification.

Maximo Pacheco, Codelco’s chairman, has said the company is seeking a large-scale green push amid pressure from international clients and local regulations to produce more sustainable copper.

https://www.mining.com/web/codelco-gains-sustainability-cert…

[Oginvest]

BHP eyes copper, nickel projects as it bypasses lithium

TORONTO, March 8 (Reuters) - BHP Group Ltd on Wednesday said it remains committed to growing its portfolio of copper and nickel projects but is not interested in the lithium market, which it believes is well supplied.

The comments echo those the world's largest mining company made in the past year and come as lithium prices have been sliding amid demand worries. Analysts are expecting lithium prices to plunge by 25% in total this year, largely due to an expected slowdown in China's EV market as government subsidies wane.

"We still don't see the demand-supply equation of lithium to be as fundamental as copper and nickel," Sonia Scarselli of BHP Xlpor, the company's division that invests in junior mining companies, told Reuters on the sidelines of the Prospectors and Developers Association of Canada (PDAC) mining conference in Toronto. "For us, lithium will remain flat."

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>> https://finance.yahoo.com/news/bhp-eyes-copper-nickel-projec…

[Oginvest]

Major copper producers unveil plan to reach net zero emissions by 2050

MELBOURNE, March 7 (Reuters) - A group of the world's biggest copper producers said it aimed to slash direct and indirect greenhouse gas emissions to zero by 2050, in a move that could make the sector more attractive to environmentally-conscious investment funds.

With copper demand forecast to double to 50 million tonnes by 2050 from 2020 levels, the International Copper Association's (ICA) roadmap released on Tuesday set a target for members to cut direct and indirect emissions by 30% to 40% by 2030, and by 70% to 80% by 2040, before reaching zero by 2050, it said.

Members include BHP Group (BHP.AX) Chile's Codelco, Glencore (GLEN.L), Freeport-McMoRan (FCX.N), Japan's JX Nippon Mining & Metals Corporation and Poland's KGHM (KGH.WA).

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https://www.reuters.com/markets/commodities/major-copper-pro…

[thg]

https://www.mining.com/web/iron-ore-price-jumps-on-china-dat…

[thg]

Chiles Gesamtkupferproduktion stieg im Januar um 2,9 % auf 437.900 Tonnen, teilte die Regierungsbehörde Cochilco am Donnerstag mit.
Die Produktion des staatlichen Giganten Codelco stieg jährlich um 5,1 % auf 127.000 Tonnen, sagte Cochilco.

Die Produktion der von BHP kontrollierten Mine Escondida stieg um 15,2 % auf 93.300 Tonnen, während Collahuasi, ein Joint Venture von Anglo American und Glencore, 42.900 Tonnen produzierte, was einem Rückgang von 16,4 % entspricht
Quelle mining.com

Super Jahresstart für BHP kann so weitergehen

[Oginvest]

Kupfer vor Superzyklus! Glänzende Perspektiven für Kupfer-Aktien wie Freeport McMoRan, Glencore, BHP, Rio Tinto und Kodiak Copper

Elektromobilität, Stromnetze, Energiespeicher: Die Nachfrage nach Kupfer aus Energiewende-Sektoren wächst sprunghaft. Dem Markt droht ein großes und langanhaltendes Defizit. Als wäre das noch nicht genug, profitieren Kupferproduzenten ganz nebenbei von der Molybdän Rallye.

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https://www.wallstreet-online.de/nachricht/16622913-nebenwer…

[Oginvest]

Nickel's electric dreams turn into a pricing nightmare

LONDON, Feb 24 (Reuters) - The global nickel market flipped from deficit to surplus over the course of 2022, according to the International Nickel Study Group (INSG).

Supply of what is a key metallic input for electric vehicle (EV) batteries exceeded demand by 112,000 tonnes last year, the largest surplus since 2014, the INSG calculates.

You wouldn't know it from looking at the London Metal Exchange (LME), where registered nickel stocks have fallen by almost 20% since the start of January and the three-month price remains elevated at $25,000 per tonne.

However, the London market has become increasingly divorced from what is happening in the physical supply chain over the last year.

"The reality is that the global price discovery mechanism for this critical building block of the energy transition is not functioning well," according to Huw McKay, VP of Market Analysis & Economics at BHP Group (BHP.AX), a major Western nickel producer.

It doesn't help that the LME's benchmark status is itself in question after the market meltdown last March.

The turnaround in market dynamics last year was all about Indonesia, where the government is set on turning the country into a major hub for battery metals.

Indonesia's mined nickel production expanded by 48% to 1.58 million tonnes in 2022, according to the INSG. The country now accounts for about half of global output.

The mining boom is feeding a processing boom, production of nickel pig iron (NPI) growing by 32% and output of intermediate nickel products nearly tripling to 288,000 tonnes in 2022.

Indonesia's smelters are churning out nickel in a widening array of forms as operators experiment with converting the country's low-grade ore into a chemistry that can be used by EV battery makers.

Chinese companies are at the heart of this industrial revolution and China's nickel imports have started reflecting the changes underway.

Imports of Indonesian matte, a form of nickel now being tailored to the battery chain's requirements, went from zero in 2021 to 168,000 tonnes in 2022.

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The problem is that none of this Indonesian production is in a form that is deliverable against either the LME or the Shanghai Futures Exchange, which trade Class I refined metal.

The LME price reflects the dynamics of the Class I market, which has been tight for over a year and which remains highly sensitive to Russian news flow.

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>> https://www.reuters.com/markets/commodities/nickels-electric…

[Hitman2]

BHP

Gewinneinbruch bei BHP: Ist Erholung in Sicht?
https://www.wallstreet-online.de/nachricht/16584690-weltgroe…