BHP March 6 News

February 20, 2024 Industry News BHP Financial Results For Half Year Ended December 31, 2023 Today we announced underlying attributable profit of US$6.6 billion for the half year. We also announced an interim dividend of 72 US cents per share – a total of US$3.6 billion, equating to a payout ratio of 56%. BHP’s revenue […]

Rio Tinto March 6 News

February 21, 2024 Industry News Rio Tinto 2023 Full Year Results Rio Tinto has today announced its 2023 full year results. Key points were: Production growth of 3% from focused investment in the health of our business Underlying EBITDA of $23.9 billion and full year ordinary dividend of 435 US cents per share Net cash […]

Rio Tinto Feb 9 News

February 9, 2024 Industry News Rio Tinto In Partnership with BHP and BlueScope Steel Australia’s two largest iron ore producers and its biggest steelmaker have partnered in their efforts to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the development of the country’s first ironmaking electric smelting furnace (ESF) pilot plant. The collaboration […]

Steel & Tube Feb 7 News

January 12, 2024 Industry News Steel & Tube Shines In Forsyth Barr´s 2023 C&ESG Ratings  Steel & Tube is delighted to announce an improved ranking in Forsyth Barr’s second annual Carbon & Environmental, Social, Governance (C&ESG) ratings for 2023, scoring in the top 30% of surveyed listed companies in New Zealand. Forsyth Barr’s annual C&ESG […]

Sims Feb 7 News

January 17, 2024 Industry News Sims Limited Named World´s Most Sustainable Corporation  Sims Limited, a global leader in metal recycling and the provision of circular solutions for technology, has emerged as 2024’s most sustainable corporation on Corporate Knights’ Global 100 index. This is the company’s tenth and highest ranked inclusion on the list. “We are […]

InfraBuild Feb 7 News

January 31, 2024 Industry News GFG Alliance Welcomes Clean Energy Funding GFG Alliance has welcomed the Australian Federal Government’s decision to allocate $200 million to help future-proof regional steel manufacturing in Australia. GFG Executive Chairman, Sanjeev Gupta, said: “Today’s positive announcement that Liberty Steel Australia has secured funding of $63.2 million from the Albanese government’s […]

Fortescue Feb 7 News

January 25, 2024 Industry News Fortescue Metals December 2023 Quarterly Production Report Fortescue Metals has released its production report for the December quarter of 2023. The company´s Chief Executive Officer, Dino Otranto said: “We continue to deliver strong operational performance while making tangible progress towards our ambitious decarbonisation and green energy targets. It’s been another […]

BlueScope Feb 7 News

January 31, 2024 Industry News BlueScope Steel Receives Powering The Regions Funding The Federal Government today announced that BlueScope Steel has been successful in its application for grant funding in the first round of the Powering The Regions Fund (PRF), as part of the Critical Inputs To Clean Energy Industries (CICEI) program. Under the grant, […]

Rio Tinto PR Jan 18

January 16, 2024 Industry News Rio Tinto´s Full-Year Iron Ore Shipments Rise 3% Rio Tinto´s Chief Executive, Jakob Stausholm, has commented on the release of the company´s Fourth Quarter 2023 Operations Review by initially saying: “We were fatality free for the fifth consecutive year at our managed operations but we remain vigilant and continue to […]

NZ Steel Jan 6 PR

December 15, 2023 Industry News NZ Steel Teams With Scrap Metal Supplier Global Metal Solutions New Zealand Steel has signed a supply arrangement with Global Metal Solutions (GMS) which will see thousands of tonnes of scrap steel recycled in a new electric arc furnace at Glenbrook from 2026. New Zealand Steel’s Chief Executive Officer, Robin […]