Rio Tinto
Rio Tinto and BHP to cooperate with BlueScope in the production of green pig iron

The companies will explore developing a pilot electrosmelting facility (ESF) in Australia
BHP mined 257 million tons of iron ore in the 2022/2023 financial year

In the 2023/2024 financial year, the company expects to extract 254-264.5 million tons of iron ore
BHP will spend $4 billion to reduce emissions by 2030

The company plans to reduce operational emissions by at least 30% by 2030
BHP Group is considering the possibility of increasing iron ore production

Plans are based on expectations of growth in demand for raw materials and the course for decarbonization
BHP and China’s HBIS will jointly test carbon capture

The latest cooperation agreement provides for investments in the amount of up to $15 million over three years
BHP increased iron ore production by 2% y/y in the first half of the 2022/2023 financial year

The company expects that in 2023 China will become a stabilizing force in the raw materials market

BHP raised its long-term forecast for global steel consumption

The company associates the forecasts with the decarbonization of electricity production

BHP’s profits hit an 11-year record on rising coal prices

The company's profit was $21.3 billion, EBITDA was $40.6 billion
China to increase iron ore imports with centralized purchases – FT

The government wants to increase its influence on pricing and increase domestic production