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Whitehorse Finance, Inc. (Nasdaq:Whf) Receives Average ... - Marketbeat

Whitehorse Finance, Inc. Announces Second Quarter 2023 ... - Pr Newswire

Whitehorse Finance, Inc. Commences Public Offering Of Note - Pr Newswire

Rio Tinto Launches $15 Billion Asset Sell-Off Rio Tinto Has Announced Plans To Sell Up To $15 Billion Worth Of Assets As Part Of A Strategy To Streamline The Company And Refocus On Its Core Operations. The Move Marks One Of The Largest Portfolio Resets In The Miner’S History. Iron Ore Still The Backbone At Tom Price In Western Australia’S Pilbara Region, Iron Ore Is Moved By Rail Almost 400 Kilometres To Cape Lambert, Where It Is Loaded Onto Ships Bound For Asia. These Pilbara Mines Remain Rio’S Strongest Earnings Driver And Will Not Be Part Of The Sell-Off. What Will Be Sold? Rio Plans To Offload Non-Core Mines, Land Parcels, And Parts Of Its Processing And Infrastructure Portfolio. The Company Is Also Reducing Spending On Decarbonisation Projects, Shifting Towards Third-Party Partnerships Instead Of Funding Major Energy Investments Itself. Simandou Adds Global Pressure The Timing Of The Reset Coincides With The Long-Awaited Ramp-Up Of The Simandou Iron Ore Project In Guinea, Which Will Introduce New Global Supply. The Added Competition Has Intensified Rio’S Push To Sharpen Its Business And Strengthen Financial Performance. A High-Stakes Strategy Rio Says The Changes Will Make The Company “Stronger, Sharper And Simpler.” But With Iron Ore Markets Shifting And New Supply Emerging, The Key Question Remains: Will Selling Too Much Reduce Rio’S Long-Term Advantage?

Bhp’S $1.4 Billion Push To Lift Port Hedland Capacity Bhp Is Investing $1.4 Billion To Upgrade Infrastructure At Port Hedland, The World’S Largest Bulk Export Port And The Backbone Of Australia’S Iron-Ore Industry. This Port Handles The Ore That Arrives From Bhp’S Giant Pilbara Mines — Brought In By Some Of The Longest Freight Trains On Earth. With Global Demand Rising And Competition Heating Up, Bhp Is Preparing The Port For Its Next Phase Of Growth. New Rail-Car Dumper And 5km Conveyors The Major Upgrade Includes: A New Sixth Rail-Car Dumper Around Five Kilometres Of New Conveyors Upgrades To Screening And Transfer Infrastructure These Additions Are Designed To Move Ore From Train To Ship Faster, Safer And With Fewer Bottlenecks, Supporting Bhp’S Long-Term Target Of 305 Million Tonnes Per Year. A Strategic Response To Rising Competition Bhp’S Investment Comes As Rio Tinto And Chinese-Backed Groups Expand Operations In Africa, Including Major New Iron-Ore Developments In Guinea. Those Projects Could Shift Global Supply Balances Over The Next Decade. Increasing Throughput At Port Hedland Is Part Of Bhp’S Effort To Maintain Its Position As A Leading Low-Cost Iron-Ore Producer. Is It Enough To Stay Ahead? The Expansion Will Boost Efficiency And Help Stabilise Output Across Bhp’S Pilbara Network. But With New African Mines Edging Closer And Long-Term Demand Uncertain, The Question Remains: Will This $1.4 Billion Upgrade Secure Bhp’S Lead — Or Will More Investment Be Needed To Stay In Front?

$2.3b Copper Mine Green-Lit In Outback Queensland A Huge New Copper Mine Is Set To Be Developed In Outback Queensland, With Harmony Gold Approving The $2.3 Billion Eva Copper Project. Located North Of Cloncurry, The Mine Is Positioned To Become One Of The State’S Most Important New Resource Developments. Long Mine Life And Steady Production The Eva Copper Project Is Expected To Produce Copper For At Least 15 Years, Delivering Steady Output To Help Support Queensland’S Growing Demand For Critical Minerals. It Will Also Strengthen The Region’S Supply Chain As Older Operations Wind Down. Up To 1,400 Jobs For The North West Construction And Operations Are Forecast To Create Up To 1,400 Jobs, Providing A Major Boost For Local Workers And Communities Across The North West Minerals Province. The Project Is Expected To Play A Key Role In Supporting The Region’S Long-Term Economic Stability. Backed By Queensland’S Investment Push The Queensland Government Has Backed The Project As Part Of Its Broader Investment Drive To Attract Major Resources Developments. Officials Say The New Mine Will Help Position The State As A Leader In Critical Minerals And Support The Transition To A Cleaner Energy Future. One Of Queensland’S Biggest New Copper Mines Once Operational, Eva Copper Is Set To Become One Of Queensland’S Largest New Copper Mines. With Strong Government Support And Rising Global Demand For Copper, The Project Is Expected To Anchor The Next Chapter Of Growth For The North West.