Mining giant BHP reports $7.9bn net profit in FY24
Revenue for BHP increased by 3% to reach $55.7bn (A$82.14bn) for the full year 2024 (FY24), up from $53.81bn in the preceding year.
27 August 2024
27 August 2024
Revenue for BHP increased by 3% to reach $55.7bn (A$82.14bn) for the full year 2024 (FY24), up from $53.81bn in the preceding year.
The sale was initiated as Chemaf faced financial difficulties, hindering the expansion of its Etoile and Mutoshi projects.
The MoU focuses on processing SEG/HRE products from Nolans project at SRC’s rare earth processing facility.
The new tenements are believed to contain a high probability of mineralisation similar to Oropesa's existing resources.
DRA Global will provide range of services, including study, EPCM, and OM for Surefire.
The funding is a significant step towards the project's anticipated $1bn senior debt facility and $130m cost overrun facility.
Currently, Tactical Resources is developing the Peak Project located southeast of El Paso, Texas, US.
The development follows a period of job action by one of the three unions representing a portion of the mine's workforce.
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