BHP

BHP strikes US$2 billion funding deal with GIP for iron ore power network

The two firms will form an entity in which BHP will hold a 51% stake and GIP the remaining 49% stake

Like Teck, Anglo has long been seen as a potential takeover target for the industry’s biggest players because of its attractive copper portfolio.

BHP walks away after fresh approach for Anglo American fails

Under the UK Takeover Code, the Australian mining giant is now barred from making a bid for six months

BHP tried to acquire Anglo American for US$49 billion last year, before eventually walking away after a five-week public battle.

BHP makes renewed takeover approach to Anglo American: sources

The commodities giant has made overtures to Anglo American in recent days

BHP Group Chair Ross McEwan speaks during the company's annual general meeting in Melbourne, Australia, Oct 23, 2025.

China and US ‘just flexing muscles’ over critical metals, BHP chair says

[MELBOURNE] The US and China are battling to project power as they compete to secure critical minerals supply, the new chair of BHP said on Thursday, downplaying any potential for the global miner to ...

BHP, which earns most of its profit from iron ore, has been ramping up its push into copper as the metal is seen to have a central role in the transition towards greener forms of energy.

BHP bets on iron ore resilience despite China slowdown; Q1 output misses

BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter output for the steelmaking element slightly missed estimates on m...

China is by far the world’s largest consumer of iron ore, while BHP is one of three major suppliers that provide the bulk of the material to the country’s steelmakers.

BHP-China iron ore standoff may drag into 2026 as talks stall

CMRG has been pushing to sign long-term contracts on behalf of the country’s main steel mills, according to the sources

The new restriction marks an escalation from the halt on BHP’s Jimblebar blend fines earlier this month, and highlights Beijing’s determination to gain greater influence over prices.

China bans all BHP iron ore cargoes as pricing dispute deepens

[BEIJING] China’s state-run iron ore buyer has told major steelmakers and traders to temporarily halt purchases of all new BHP Group cargoes, widening an earlier curb as contract talks have stalled, a...

ZiJin Mining Group’s Shanghai shares closed on Thursday (Sep 25) at their highest level ever, delivering a market capitalisation of about 732 billion yuan.

China’s mining giant Zijin tops US$100 billion in value to near BHP, Rio Tinto

[SHANGHAI] China’s Zijin Mining Group is worth more than US$100 billion at the market close for the first time, after a decade-long growth push that’s put it in the big league of metals miners along w...

For copper, BHP expects Chinese demand in 2026 to remain strong, although it may slow slightly from highs as tariffs make impacts.

BHP banks on China export resilience and India growth for demand

The world’s second-largest economy’s steel exports have remained resilient despite some predictions that it would fall and weaker nationwide output

BHP, the world’s largest listed miner, reported an underlying attributable profit of US$10.16 billion for the year ended June 30, down 26 per cent from last year and below the Visible Alpha consensus of US$10.22 billion.

BHP posts smallest annual profit in five years on lower iron ore prices

BHP Group reported its smallest annual underlying profit in five years and its lowest dividend in eight years on Tuesday, but said demand for its commodities remained resilient despite an uncertain gl...