Nickel – Reuters reported that BHP Billiton Ltd.'s (ASX:BHP,LSE:BLT,NYSE:BHP) nickel production will be lower this quarter because a magnitude 3.7 earthquake has forced it to halt operations at its Western Australia-based Perseverance mine.
Articles Tagged "LSE:BLT"
Nickel – The Motley Fool reported that speculation is rife that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) plans to sell its largest nickel assets in a bid to reduce costs and focus on its core operations.
The Alternative Investment Market (AIM) in London was down $0.41 or 0.06 percent to 724.36 as of May 24.
Manganese – Evolving government policy aims to enhance the value of the country’s resource output and create jobs. And a new manganese furnace may be proof that it’s working.
Coal – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) wants to sell approximately 10 assets. The move follows BHP's decision last year to shut down a number of unprofitable coal mines, as well as its announcement last month that it is considering selling the Queensland-based Gregory-Crinum coking coal mine.
Iron – Reuters reported that BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) has responded to allegations from China's National Development and Reform Commission that the top three iron ore miners — BHP, along with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Vale (NYSE:VALE) — and some traders manipulated the markets to show a shortage of iron.
Iron – A brief overview of iron price developments, supply and demand and significant market movers.
Iron – Bloomberg reported that after reaching 400 million metric tons of iron ore output in 2017, Vale SA (NYSE:VALE) plans to increase its iron ore output by 20 to 25 million metric tons per year. Vale's plan is aimed at taking back the 6 percent of market share that it has lost to other major companies — such as BHP Billiton Ltd. (ASX:BHP,NYSE:BHP,LSE:BLT) and Rio Tinto plc (ASX:RIO,NYSE:RIO,LSE:RIO) — over the past six years.
Diamond – The Globe and Mail reported that Harry Winston Diamond Corp. (TSX:HW,NYSE:HWD) is going to buy BHP Billiton Ltd.'s (NYSE:BHP,ASX:BHP,LSE:BLT) diamond business for US$500 million. BHP has shied away from large new investments over the past year and recently revealed that it might leave the diamond mining industry.
Iron – Reuters reported BHP Billiton (ASX:BHP,LSE:BLT) is going ahead with plans to boost iron ore output as low cost mining giants carve out a larger market share and undercut competitors.