BHP

BHP, the world's biggest mining company, quietly shelved billions in climate projects in Western Australia despite internal reputational risk warnings. This delay affects the timeline for sustainable mining practices and could impact ESG investment flows into the mining sector.

South Australia is urging BHP to assess rare earth extraction potential at its Olympic Dam copper-uranium mine. If viable, Olympic Dam could become a significant new source of critical minerals needed for renewable energy and defense applications, diversifying global rare earth supply chains.