Officials from China's state iron ore buyer have told local plants that they can resume bidding for some BHP cargoes denominated in U.S. dollars from Tuesday, Bloomberg News reported, citing people familiar with the matter.
BHP Group Limited BHP currently trades at a forward price-to-earnings multiple of 14.87X, at a premium to the Zacks Mining - Miscellaneous industry's average of 14.20X.
BHP's copper-driven growth strategy, rising production and diversified portfolio give it an edge in the long-term copper investment debate.
BHP reports higher iron ore output and record WAIO volumes, with expansion plans and cost leadership positioning it for sustained growth through fiscal 2028.
It's unequivocal that the biggest globally impacting price breakout in 2025 was that of gold and silver.
BHP (BHP) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Craig, a veteran BHP executive who has run the miner's Americas operations since March 2024, will succeed Mike Henry as the company's next CEO.
BHP breaks above its 50-day SMA, signaling bullish momentum as strong earnings, rising commodity prices and copper expansion fuel growth outlook.
BHP on Monday won its bid to throw out a contempt of court case in Britain over the funding of litigation to try to prevent some Brazilian municipalities suing the mining giant in London over one of Brazil's worst environmental disasters.
BHP, CM, DTI, CIEN and STRT have been added to the Zacks Rank #1 (Strong Buy) List on March 16, 2026.
UBS rates all major producers Neutral as Chinese port stockpiles hit their highest level in more than three years Iron ore prices have recovered to around $105 per tonne after sliding to roughly $96 during the Chinese New Year period, but UBS has flagged a significant supply overhang that could weigh on the majors, including London-listed Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) and BHP Group Ltd (LSE:BHP, ASX:BHP). Chinese port inventories have climbed to approximately 163 million tonnes, up 19 million tonnes year-on-year and the highest level in more than three years, a build that UBS describes as a key risk to the price recovery.
Here is how BHP (BHP) and Buenaventura (BVN) have performed compared to their sector so far this year.