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Hitachi aims to offer partially autonomous operations for excavators by 2030. Credit: Mizantroop/Shutterstock.com

Hitachi Construction Machinery has signed a charter agreement with Rio Tinto subsidiary Technological Resources to develop remote operation technologies for ultra-large hydraulic excavators. The deal aims to enhance the safety and productivity of mining operations. Hitachi will develop the technologies, while Rio Tinto deploys the excavators, gather operational data and provide feedback at its Pilbara mining sites.

South African state-owned asset management company Public Investment Corporation (PIC) has increased its total holding in Sibanye-Stillwater to more than 20.42%, solidifying its position as its largest shareholder. Sibanye-Stillwater is a mining and metals processing company that operates mines across five continents, specialising in the production of platinum, palladium, rhodium and gold.

The pricing dispute between BHP Group and China’s state-run iron ore buyer, China Mineral Resources Group (CMRG), may stall until early 2026. Following CMRG’s order to halt purchases in September, BHP offered around 50 cargoes to international traders and at least one Chinese company. China, the largest global iron ore consumer, relies heavily on BHP, one of three major suppliers to the country’s steelmakers.

Industrial Development Corporation (IDC) is evaluating a R8.5bn ($491m) bid to acquire steelmaker ArcelorMittal’s operations in the country. If the bid is successful, it would end almost two years of negotiations with IDC, ArcelorMittal and the government’s trade and industry department. This deal aims to bring global steel companies to South Africa as IDC seeks strategic investors to operate the plants.