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.
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.