BHP Group said it will not pursue a takeover of Anglo American following new talks, as its U.K. rival advances plans to merge with Teck Resources.
BHP Group said on Monday it is no longer pursuing a potential combination with Anglo American after preliminary discussions with Anglo's board.
Mining group BHP Group has made a renewed takeover approach to rival Anglo American , Bloomberg News reported on Sunday.
BHP maintains strong fundamentals and strategic discipline, leveraging a diversified commodity mix and robust financials for long-term growth. Recent updates highlight steady production guidance, progress on the Jansen potash project, and continued investments in future-facing commodities like copper. Macro factors, including China's economic policy shift advancing and US-China trade developments, present both opportunities and near-term risks for BHP's revenue and cost structure.
BHP can be held liable over the 2015 collapse of a dam in southeastern Brazil, London's High Court ruled on Friday.
BHP Group Limited (NYSE:BHP ) Shareholder/Analyst Call October 22, 2025 7:00 PM EDT Company Participants Ross McEwan Mike Henry - CEO & Executive Director Stefanie Wilkinson - Group General Counsel & Group Company Secretary Conference Call Participants Carolyn Briggs Duncan Seddon Heather Winter Crystal Charles Simon Livsey Presentation Carolyn Briggs Good morning. An early rise this morning and coming through the traffic was hectic, but we're here.
BHP said on Wednesday it would invest more than A$840 million ($555.16 million) in its Olympic Dam copper operations in South Australia as the miner prepares to make an investment decision by mid-2027 to double output from the state.
BHP remains a Buy, supported by diversified, low-cost operations, strong financials, and a unique commodity mix including iron ore, met coal, copper, nickel, and potash. BHP's FY25 profit and free cash flow declined due in part to lower commodity prices, prompting a dividend cut and a focus on core operations and cost optimization. BHP is navigating macro headwinds, including China-related challenges and legal settlements, while benefiting from global rate cuts and China's shift to higher-quality ore demand.
Panmure Liberum has kept its 'hold' rating on BHP Group Ltd (LSE:BHP, ASX:BHP), warning the miner's decision to shut its Saraji metallurgical coal mine in Queensland could be a signal of a broader retreat from the industry altogether. The closure, due in November, reflects a mix of factors, including falling coal prices and the sharply higher royalties imposed by the Queensland government in 2022.
BHP CEO Mike Henry joins 'Closing Bell Overtime' to talk copper demand, global operations, possible acquisitions and more.
BHP posts lower FY25 profit and revenues on weaker iron ore prices despite record iron ore and copper output.
Citi has lowered its recommendation on BHP Group Ltd (LSE:BHP, ASX:BHP) from 'buy' to 'neutral', arguing that a strong set of annual results leaves the miner's valuation looking stretched. The note came on Tuesday, following BHP's full-year numbers.