BHP Billiton - ein Basisinvestment im Rohstoffsektor (Seite 37)

[Oginvest]

Australia regulator approves Woodside merger with BHP's petroleum arm

Dec - 16 (Reuters) - Australia's competition regulator approved Woodside Petroleum's (WPL.AX) agreed $28 billion merger with BHP Group's (BHP.AX) petroleum arm on Thursday, saying it would not reduce competition in the domestic gas market.

The Australian Competition and Consumer Commission (ACCC) said it found Woodside would continue to face competition from several suppliers after the deal that will create a global top 10 independent oil and gas producer.

Woodside will have a 20% share in the domestic gas market after the deal and will continue to compete with Chevron (CVX.N) and Santos (STO.AX), as well as smaller suppliers including Shell (RDSa.L) and ExxonMobil (XOM.N), the ACCC said.

Woodside plans to put the merger to a shareholder vote in the second quarter of 2022. read more

"The clearance from the ACCC announced this morning is an important step as the parties progress towards targeted completion of the transaction in the second quarter of 2022," a spokesperson for Woodside said.

BHP did not immediately respond to a request for comment.
https://www.reuters.com/business/energy/australian-watchdog-…

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Three big questions blockchain is helping us answer

BHP produces resources the world needs to grow and transition to a net zero future, like copper, nickel and our steelmaking commodities, iron ore and metallurgical coal. And while what we produce is essential, never before has how we produce and manage our products through our supply chain been more important. Customers increasingly care about where products come from: their environmental and ethical footprints, as well as the efficiency and transparency of their supply chains. To that end, traceability becomes for us a key enabler to lifting sustainability standards across the value chain.

According to the UN, traceability is the ability to identify and trace the history, distribution, location and application of products, parts and materials. This is to ensure the reliability of sustainability claims, in the areas of human rights, labour, the environment and anti-corruption.

But how do you trace products through a supply chain as complex as BHP’s? How can you reliably collect, access and share data about your products that can prove its environmental and ethical credentials and make your supply chain more transparent? We believe part of the answer could lie in blockchain technology.

Weiter > https://www.bhp.com/news/prospects/2021/12/three-big-questio…

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Chile Senate advances talks over mining royalty bill

Chile’s Senate on Tuesday pushed forward discussion over a controversial bill to increase royalty payments from mining companies that operate in the world’s largest copper producer, a legislation being backed by opposition lawmakers.

The Senate approved by 18 votes in favor, versus 16 against, to continue making modifications to the bill, which was previously passed by the lower Chamber of Deputies in May.

“I am voting in favor of the royalty bill and I have no doubt that in the weeks that remain where we are going to set the deadline for the presentation of amendments to improve this bill,” said center-left senator Yasna Provoste.

The mining industry has strongly opposed the idea of raising the tax burden, arguing it is already at its limit, and has said the bill could push some firms out of business.

Deputies of some parties on the opposition left have proposed increasing the levy to boost tax collection, which they say is key to funding more social initiatives as the Andean country rebounds from the coronavirus pandemic.

The discussion come with the global price of the red metal near decade-long highs.

Chile’s copper sector is dominated by state mining giant Codelco, along with multinational firms such as BHP, Anglo American, Glencore, Antofagasta and Freeport.

(By Fabián Andrés Cambero; Editing by Adam Jourdan and Lincoln Feast)
https://www.mining.com/web/chile-senate-advances-talks-over-…

[Oginvest]

BHP extends tender expiry and BHP and Noront extend outside date under Support Agreement

Toronto, Ontario/Melbourne, Victoria – December 3, 2021 – BHP Lonsdale Investments Pty Ltd (“BHP Lonsdale”), a wholly-owned subsidiary of BHP, announced today that it is progressing discussions with Wyloo Metals Pty Ltd (“Wyloo Metals”) regarding Wyloo Metals’ potential support of BHP’s C$0.75 per share offer (the “Offer”) to acquire Noront Resources Ltd. (TSXV:NOT) (“Noront”). To allow more time for those discussions to progress, BHP is extending the expiry of its offer from 7:00 p.m. (Toronto Time) on December 14, 2021 to 7:00 p.m. (Toronto Time) on January 14, 2022. The earliest time BHP will acquire Noront shares under its Offer will be at the new expiry time.

In conjunction with the extension of the expiry time, BHP Lonsdale and Noront also announced that they have amended the Support Agreement, dated July 26, 2021 and previously amended on October 19, 2021, between BHP Lonsdale, its subsidiary BHP Western Mining Resources International Pty Ltd (the “Offeror”) and Noront relating to Noront’s support of the Offer in order to extend the outside date in that agreement (the “Outside Date”) from December 14, 2021 to January 21, 2022. The Outside Date is relevant because, among other things, if the Offeror has not acquired shares under the Offer by the Outside Date, both Noront and the Offeror become permitted to terminate the Support Agreement.

While BHP and Wyloo Metals are considering a mutually beneficial arrangement regarding the acquisition of Noront by BHP, there is no assurance that any agreement will be reached between BHP and Wyloo Metals.

For Noront shareholders

A notice of variation, extension and change in respect of the Offer, a notice of change in respect of Noront’s directors’ circular and the amendment to the Support Agreement will be available under Noront’s profile on SEDAR at www.sedar.com and on Noront’s website at www.norontresources.com.

About Noront Resources

Noront Resources Ltd. is focused on the development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits including Blackbird, Black Thor, and Big Daddy, all of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire.https://www.bhp.com/news/media-centre/releases/2021/12/bhp-e…

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A message from our CEO

BHP’s Board supports unification as being in the best interests of BHP shareholders. Watch this video from CEO Mike Henry to hear more on the rationale and benefits of a simpler corporate structure.

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Unified Corporate Structure

A unified corporate structure

Watch this short video to better understand BHP’s Dual Listed Company corporate structure today, and the long-term shareholder value a unified corporate structure can enable in the future.

[Oginvest]

China's Zijin approves investment in $769 mln Congo copper smelter

Nov 23 (Reuters) - China's Zijin Mining 601899.SS, 2899.HK said on Tuesday its board had approved investment in a $769 million smelter for its Kamoa-Kakula copper project alongside Ivanhoe Mines IVN.TO in the Democratic Republic of Congo (DRC).
https://www.nasdaq.com/articles/chinas-zijin-approves-invest…

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BHP approves Phase 1 of the Scarborough Project

BHP has approved US$1.5 billion in capital expenditure for development of the Scarborough upstream project located in the North Carnarvon Basin, Western Australia. The approved capital expenditure represents BHP’s 26.5 per cent participating interest in Phase 1 of the upstream development. weiter.... https://www.bhp.com/news/media-centre/releases/2021/11/bhp-a…

[Oginvest]

BHP and Woodside agree to create a global energy company

BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) have today signed a binding share sale agreement (SSA) for the merger of BHP’s oil and gas portfolio with Woodside (Merger). Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares.

The signing of the SSA follows the merger commitment deed announced on 17 August 2021.
weiter... https://www.bhp.com/news/media-centre/releases/2021/11/bhp-a…

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Top steel firm China Baowu unveils global alliance to cut emissions

SHANGHAI :China Baowu Steel Group has set up a Global Low-Carbon Metallurgical Innovation Alliance with partners to tackle climate change and cut greenhouse emissions in the world's biggest steel producer, it said on Thursday.

The more-than 60 members from 15 countries include ArcelorMittal, BHP Group, Rio Tinto, Vale, Fortescue Metals Group, Tata Steel, Thyssenkrupp, Angang Group, HBIS Group and Shagang Group, Baowu said at an inaugural ceremony in Shanghai.

"For now, it's hard for any steel firm to realize low-carbon transition on their own," said Baowu Vice General Manager Hou Angui at the event. Hou was also named secretary general of the alliance.

The alliance hopes to advance technological cooperation, and promote engineering and industrialization of low-carbon techniques, according to Baowu.

China, which aims to bring carbon emissions to a peak by 2030, emits more than 10 billion tonnes of greenhouse https://www.reuters.com/world/china/china-should-pledge-abso… gases a year. The ferrous metal sector accounts for around 15per cent of those.....

https://www.channelnewsasia.com/business/top-steel-firm-chin…