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Australia's S&P/ASX 200 index falls 0.4% to 9,127.80 at close
Australia's S&P/ASX 200 index closed at 9,127.80 , down 0.4% from the previous session. The decline followed mixed performances across key sectors, with energy and industrial stocks dragging on the benchmark. Energy stocks, including Woodside Energy and Santos, continued to face downward pressure,…
AInvest Wire · 5d agoSamarco focusing on returning to maximum capacity by 2028, may consider expansion projects in the future, CEO says
Samarco, the iron ore pellet producer and joint venture between Vale and BHP, is targeting a return to maximum production capacity by 2028, according to recent statements from the company’s CEO. The company has been gradually resuming operations since 2019, initially operating at 26% capacity .…
AInvest Wire · 6d agoBHP Group - continue to make progress towards an agreement that will address key areas raised by our workforce, spokesperson says
BHP Group and unions representing workers at its Port Hedland iron ore operations continue to make progress toward a resolution, according to a spokesperson for the company. Although wage negotiations held earlier this week did not result in a finalized agreement, both parties remain committed to…
AInvest Wire · 6d agoAustralia's combined BHP ports unions: workers put counter-proposal to BHP today ahead of another meeting on Sept 8, spokesperson says
Workers at BHP Group’s Port Hedland iron ore operations in Western Australia have submitted a counter-proposal to the company today, according to a spokesperson for the Combined BHP Ports Unions. The unions, representing workers including those from the Western Mine Workers Alliance, have scheduled…
AInvest Wire · 6d agoAustralia's combined BHP ports unions: workers, their elected representatives and BHP met with Fair Work Commission, spokesperson says
Australia's combined BHP ports unions, representing workers and their elected representatives, recently met with the Fair Work Commission to address ongoing labor-related matters, according to a spokesperson for the company [1]. The meeting marks a significant step in the ongoing dialogue between…
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