Author: admini5t3r

BHP has signed an agreement with the Australian Tax Office (ATO) to settle a long-running dispute over the sale of its goods through its Singapore-based business. The mining giant will pay a total of AUS$529 million in additional taxes on income generated between 2003 and 2018....

US-based lithium producer Albemarle Corp has received state environmental approval for its AUS$1 billion Kemerton lithium plant in Western Australia, which is set to create 500 construction jobs and another 500 permanent positions. “I’m pleased to see this project progressing, following my positive discussions with Albemarle’s...

Trade Minister Simon Birmingham will witness the signing of business deals between Australian and Chinese companies worth AUS$15 billion at the Chinese International Import Expo in Shanghai. More than 150 Australian companies have participated in the international imports fair, which has served to improve relations between...

BHP will pay out a massive AUS$14.7 billion to its shareholders through a special dividend and share buyback, after completing the sale of its remaining onshore US shale oil and gas assets. The world’s biggest mining company announced this week that it had finalised the sale...