BHP stands down 25% of nickel project workforce

The decision favors BHP, which seeks to hold Vale liable for 50% or more of any damages awarded to the victims.

Union withdraws industrial action at BHP's Pilbara iron ore operations.

Yuxiao Fund, which owns a near 10% stake in Northern Minerals, wants chairman Nicholas Curtis removed as a director.

The board had approved special remuneration payments of A$1.98 million to former chief executive Elizabeth Gaines and A$1 million to CFO Ian Wells.

The demolition is part of the broader closure program at Rio Tinto’s Gove Operations, , where bauxite mining is expected to cease later this decade.

About $550 million will be used for developing an electrolyser and liquefaction facility in Phoenix.

Worries about a strike had lent support to iron ore prices, which are trading at the highest levels since February.

“We’re proud to be able to ensure the growth of Australian manufacturing, both protecting and creating new jobs,” said Andrew Forrest.

The Australian mining services provider has transformed itself into the world's second largest producer of lithium raw material spodumene this year.