BHP

BHP

Market cap $144B

Mike Henry, BHP CEO, joins 'Squawk Box' to discuss the growing demand for copper, impact of AI boom on copper demand, status of the Resolution Copper Project, addressing supply deficit and weaknesses in critical mineral supply chains, the need for permitting reforms, impact of tariffs, and more.

China is too big a customer for BHP Group Ltd (LSE:BHP, ASX:BHP)to fall out with for long. But that has not stopped a spat from making investors nervous.

BHP Group secures its third and largest renewable power deal for Copper SA. The deal is set to boost its clean energy use to 70% by 2030.

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.

Top global miner BHP's focus on expanding its own copper assets while it undergoes leadership change means it is unlikely to gatecrash the planned $53 billion tie-up of Anglo American and Teck Resources, investors and bankers said on Wednesday.

MELBOURNE, Australia, Sept. 09, 2025 (GLOBE NEWSWIRE) -- BHP Xplor, the nine-month accelerator program aimed at transforming the discovery of critical minerals, has officially opened applications for the 2026 cohort.

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.