Albanese targets project delays, fuel security in pre-Budget pitch

Anglo American merges with Teck Resources Anglo American and Teck Resources have entered an agreement to join forces in a proposed merger of equals to form a new company — Anglo-Teck. Anglo Teck is set to become one of the top five copper producers in the world, with combined production from its mines in Chile, Peru and Canada to be about 1.2mt, predicted to reach 1.35mt by 2027. By bringing together the strengths of both companies, Anglo Teck will leverage proven capabilities in technical and operational excellence, sustainability, product marketing and project execution to deliver value-accretive growth....

BHP supports Traditional Owner governance BHP (ASX: BHP) is partnering with the Australian Institute of Company Directors (AICD) to support the development of a First Nations director pipeline with a schoplarship program.   The scholarship program will provide in-classroom board governance education to 250 First Nations executives and aspiring board directors from Traditional Owner groups and Indigenous community organisations in regional locations in South Australia and WA.  The program is designed to engage leaders and support them through education to improve governance and increase their operational capacity to deliver long-term sustainable outcomes for the...

Onslow Iron $200M contingent payment confirmed Mineral Resources (ASX: MIN) will receive a $200m contingent payment from Morgan Stanley Infrastructure Partners (MSIP) in early November as part of the private haul road transaction.  As announced in September last year, investment funds managed by MSIP paid an upfront consideration of $1.1b for a 49% interest in the Onslow Iron Road Trust, which generates a life-of-mine CPI-adjusted tolling fee per tonne of iron ore loaded at the port from MinRes’ Onslow Iron project in WA.  Between 1 August 2025 and 27 October 2025, 8.75mt of iron ore was...