Does BHP (BHP) have what it takes to be a top stock pick for momentum investors? Let's find out.
VFF, SHIP and BHP made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 10, 2025.
BHP, FOX and SHIP made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 10, 2025.
VFF, SHIP, TWO, BHP and FOX have been added to the Zacks Rank #1 (Strong Buy) List on December 10, 2025.
BHP Group's $2B partnership with GIP unlocks funding while keeping control of WAIO's power network and supporting its long-term iron ore plans.
BHP Group Ltd (LSE:BHP, ASX:BHP) has agreed a $2 billion infrastructure deal with Global Infrastructure Partners (GIP), part of BlackRock, to help fund the inland power network that supports its vast Western Australia Iron Ore (WAIO) operations. WAIO, in which BHP owns 85%, is made up of four joint ventures across the Pilbara.
BHP Group will sell a 49% stake in its Western Australia iron-ore power network to BlackRock's Global Infrastructure Partners.
Australia's BHP Group said on Tuesday it entered an agreement with Global Infrastructure Partners, part of BlackRock , under which the U.S.-based investor would provide $2 billion in funding for a minority stake in Western Australia Iron Ore's (WAIO) inland power network.
Citi's latest read on BHP Group Ltd (LSE:BHP, ASX:BHP) can be summed up in two words: spot strength. Iron ore is holding at $108/t, well above Citi's $97/t FY26 assumption, while copper sits at $5.4/lb versus Citi's $5.1/lb FY26 estimate.
BHP Group is positioned to benefit from global industrialization and infrastructure expansion, especially in developing economies. BHP's FY 2025 results show an 8% revenue decline to $51.3B and a further decline in profits as part of a trend since 2022. While copper prices supported BHP, iron ore and coal prices were unfavorable, contributing to a gradual share price decline and a higher valuation than peers, like VALE, which is less diversified.
Teck Resources Ltd (TSX:TECK.B) shares rose on Monday after Australian mining giant BHP Group Ltd. confirmed it would no longer pursue a takeover of Anglo American PLC, leaving the Vancouver-based miner's $70 billion merger with Anglo American on track.
BHP Group Ltd (LSE:BHP, ASX:BHP) has stepped back from the idea of combining with Anglo American PLC (LSE:AAL), telling markets on Monday that early-stage talks with Anglo's board have ended and that it will not pursue the matter further. The miner said it still sees industrial logic in a tie-up and believes such a deal could have created substantial long-term value, but insisted it remains confident in its own growth pipeline.