As Rio Tinto and BHP Billiton ship more iron ore than ever to China, the Australia mining giants face a fightback from Brazil's Vale for market share that threatens to drive already weak prices even lower.
The Australian compa
Dubai Aluminium (Dubal), the owner of the world's largest single-site primary aluminium smelter and Abu Dhabi state investment fund Mubadala have secured the full ownership of Guinea Alumina Corporation (GAC).
A leading producer of
BHP Billiton , the world's biggest miner, said it expects commodity markets to cool further and that investors had lost confidence in the longer-term health of the global economy.
The Reuters-Jefferies CRB index, a closely fol
BHP Billiton has approved $9.5 billion of capital investment to expand its Australian iron ore and coal mining operations, showing that planned mining and carbon taxes are not crimping its growth plans.
The world's biggest miner has de
BHP Billiton scrapped its $39 billion bid for Canada's Potash Corp and bowed to calls from investors to return cash, a move that came days after regulators blocked the year's biggest takeover deal.
BHP, conceding defeat for the thi