BHP

FY2026 production and cost guidance were broadly achieved, with iron ore and copper output in line with expectations and realised copper prices materially above consensus. Net debt declined to approximately $9 billion from $14.7 billion in H1, supported by free cash flow, working-capital improvements and asset disposals. FY2027 guidance points to only modest iron ore growth and lower copper production, while major maintenance and development projects will require significant CAPEX.

AI data center expansion could reshape copper demand. FCX, SCCO and BHP are major miners positioned for long-term growth as AI spending accelerates.

BHP has entered discussions with combined unions representing workers at Western Australia's Port Hedland, the world's biggest iron ore export hub, the company and the unions ​said on Tuesday, with prospects of further industrial action if an agreement ‌is not reached.

Electrical workers at BHP's Port Hedland bulk port terminal have overwhelmingly voted in favour of work stoppages following four months ​of targeted work bans, the Electrical Trades Union ‌said in a statement on Friday.

BHP achieves record FY26 iron ore production on strong WAIO performance, meets annual guidance and outlines production targets for FY27.

BHP Group reported a bigger-than-expected drop in fourth-quarter copper production on Thursday, hurt by lower production ​at Escondida and Pampa Norte, and also flagged an ‌expected decline in Chilean copper production for next year.

BHP workers and their ​elected representatives have ‌not reached an agreement, the ​Combined BHP ​Ports Union said on ⁠Tuesday, adding ​that the two ​groups intend to proceed with a protected ​industrial strike ​on Thursday, July 16.

Workers at BHP's Port Hedland operations in Western Australia gave ​notice of an eight-hour work stoppage on Wednesday set ‌for July 16, which is expected to disrupt daily revenue of A$120 million ($83.16 million) worth of iron ore.

Workers at BHP's South Flank and Mining Area C iron ore operations in Western Australia ​have voted to approve a new labour ‌agreement, unions said on Friday, while noting that many remained dissatisfied with the deal.

Incoming BHP Group chief executive, Brandon Craig, will split his recent role overseeing the company's Americas operations in two, sharpening focus on North and South America.