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Search resuls for: "Western Australian"


6 mentions found


☆ BHP says China is set to be a stabilizing force for commodities demand this year
  + stars: | 2023-01-19 | by ( ) www.cnbc.com   time to read: +2 min
The world's largest listed miner said iron ore production from mines it operates Western Australia on was 74.3 million tons for the three months ended December, up 1% from 73.9 million tons a year earlier and beating a consensus of 71.9 million tons. "China's pro-growth policies, including in the property sector, and an easing of Covid-19 restrictions are expected to support progressive improvement from the difficult economic conditions of the first half," BHP said. BHP joined peer Rio Tinto to expect that China's measures to support its property sector will underpin solid demand for their steel-making products. China is set to be a stabilizing force for commodities demand this year as developed nations face economic headwinds, BHP said on Thursday as it posted higher quarterly iron ore shipments that beat expectations. The mining giant reaffirmed its fiscal 2023 forecast for Western Australian iron ore output at between 278 million tons and 290 million tons.
☆ ‘Mudscape’ Envelops an Australian Outback Town After Severe Flood
  + stars: | 2023-01-09 | by ( Mike Cherney | ) www.wsj.com   time to read: 1 min
SYDNEY—Before floodwaters surrounded Geoff Davis’s home in the Australian Outback, the 67-year-old moved vehicles to higher ground and stacked freezers on tables to keep them from getting submerged. But the severity of the flood, which spread as wide as 30 miles in places, caught Mr. Davis by surprise. The freezers floated away. The cars were inundated. Mr. Davis, who lives near the Western Australian town of Fitzroy Crossing, decided to stay at home, but his family was picked up by a nephew in a boat and fled.
☆ Japan, Australia Deepen Security Cooperation in Response to China’s Rise
  + stars: | 2022-10-22 | by ( James Glynn | Mike Cherney In Sydney | Peter Landers In Tokyo | ) www.wsj.com   time to read: 1 min
Australia and Japan said that they would deepen defense cooperation and that Japanese forces would train in Australia’s north, the latest move by U.S. allies to respond to strategic tensions with China. Prime Minister Anthony Albanese of Australia and Prime Minister Fumio Kishida of Japan made the announcements after meeting in the western Australian city of Perth. The leaders said they agreed to update an existing 2007 security declaration between the two countries, reflecting the growing alignment between both nations.
☆ Japan and Australia Deepen Security Cooperation in Response to China’s Rise
  + stars: | 2022-10-22 | by ( James Glynn | Mike Cherney In Sydney | Peter Landers In Tokyo | ) www.wsj.com   time to read: 1 min
Australia and Japan said they would deepen defense cooperation and that Japanese forces would train in Australia’s north, the latest move by U.S. allies to respond to growing strategic tensions with China. Prime Minister Anthony Albanese of Australia and Prime Minister Fumio Kishida of Japan made the announcements after meeting in the western Australian city of Perth. The leaders said they agreed to update an existing 2007 security declaration between the two countries, reflecting the growing alignment between both nations.
☆ BHP quarterly iron ore production rises on lower COVID-19 impacts
  + stars: | 2022-10-18 | by ( ) www.reuters.com   time to read: +2 min
Oct 19 (Reuters) - BHP Group (BHP.AX) said on Wednesday its quarterly iron ore output rose, aided by better performance from its Western Australian assets and a continued ramp-up at its South Flank project. The higher production comes despite an 18% fall in spot prices of iron ore over the September quarter as China repeatedly locked down several major cities as part of its "zero-COVID" policy, hitting economic activity and demand for iron ore.Rival Rio Tinto (RIO.AX) had tempered its annual iron ore shipments forecast, after quarterly iron ore deliveries fell. The worker shortage continued to slow performance at its coal projects in New South Wales, which were already hit by floods. New South Wales energy coal production fell 38% in the September quarter. The global miner produced 72.1 million tonnes (mt) of iron ore in its first quarter, a 2% rise.
☆ Australia's Scarborough project: Race and power collide in a fight over sacred rock art in remote Australia
  + stars: | 2022-09-23 | by ( Hannah Ritchie | ) edition.cnn.com   time to read: +21 min
More than a million drawings are etched onto rocks on Murujuga peninsula on the Western Australia coast. Resources extracted from the region have powered Australia’s economy and helped create some of the world’s largest mining and energy multinationals. Today, the fight for Murujuga’s rock art reflects long-standing and unresolved issues of race and power. Woodside Petroleum's Pluto development on Murujuga, Western Australia, June 2008. Murujuga Aboriginal Corporation chief executive Peter Jeffries.
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