The Mining Insider · 2026-06-28 · 11 min
June 28, 2026 - The Mining Insider with Logan Ore Today's stories: 1. BHP, Rio Tinto and Caterpillar - Battery-Electric Haul Truck Trial Milestone: The two Cat 793 XE Early Learner trucks at BHP's Jimblebar iron ore mine in the Pilbara have logged 100+ operating hours and 200+ test laps. Trial enters dynamic charging phase. Quotes from BHP Australia President Geraldine Slattery and Rio Tinto Iron Ore CEO Matthew Holcz. 2. Hormuz Strategic Standoff: Straits Times analysis - Iran's objective is not just reopening the waterway. It is strategic control: transit fees, missile batteries, up to $40B in annual revenue. Ceasefire technically intact but unraveling. Iran simultaneously resumes UAE trade via Dubai's Jebel Ali Port. 3. US Section 232 Metals Tariff Overhaul - Proclamation 11032 (effective June 8): Agricultural equipment and residential HVAC reduced from 25% to 15%. Mobile industrial equipment (bulldozers, forklifts, cranes) gets new tiered Annex I-C category. US-content threshold for preferred 10% rate lowered from 95% to 85% by weight. All temporary through Dec 31, 2027. 4.
South32 Turns Copper, BHP's Diesel Dilemma on Day One, Ghana GoldBod Goes Live, and Iran Walks Away From Doha65 / 100Hormuz Stand-Down Holds as Doha Talks Begin, BHP Craig Takes Command Tomorrow, Murray & Roberts Escapes Business Rescue, and the Copper Tariff VerdictHormuz Ceasefire 2.0, Trump's New Metal Tariff Move, Canada Opens Greenland, and the Copper Tariff Verdict That Arrives TomorrowHormuz Flares Again as Copper Tariff Deadline Looms, BHP Changes Guard, Hudbay Builds a Copper Empire in ArizonaBHP's New CEO Inherits a Full Inbox, Gold Breaks $4,000, SSR Mining Closes $1.49B Çöpler Sale, Paladin Hits New Uranium Discovery