BHP, Vale, Rio Tinto launch challenge to encourage haul truck electrification

The world's No.2 mining company needs copper to reduce its reliance on iron ore.

It depends on how you measure it.

In a lawsuit filed Wednesday the American Institute for International Steel and two of its member companies argue that the US president’s tariffs on steel and aluminum imports are unconstitutional.

Miners are turning to alternative sources of finance as the industry has struggled to woo back traditional financiers.

POSCO was privatised in 2000, but chief executives have previously been replaced when a new administration takes office.

The company's withdrawal means all eyes are now on Fortescue, which still has a 19.9%-stake in Atlas and has not yet disclosed whether it plans to launch a rival bid or sell its holding into Hancock’s offer.

Copper, iron ore prices drop, mining majors punished as US threatens more tariffs on "predatory" Chinese imports and Beijing calls it "blackmail".

First production from the Pilbara-based project, which it says it’s one of the world’s most technologically advanced, is expected in 2021.

The offer from Australian billionaire Gina Rinehart's Hancock Prospecting values Atlas shares at 17% more than price reached at Friday close.