BHP
NYSE · Basic Materials
BHP Group Limited
$87.83
+1.74 (+2.02%)
BHP News30 articles
Australia's Diesel Price Surge: Supply Is Secure, but Costs Bite
Australia's diesel supply is secure with 32 days of stock, but record prices are fueling inflation and an expected RBA rate hike. ASX 200 fell 1% as energy costs hit miners.
ASX 200 Hits Three-Month Low as Miners, Banks Weigh
Australia's S&P/ASX 200 dropped 0.9% to 8,672.5, its lowest close since June, as losses in miners, banks, and energy shares outweighed gains in tech and healthcare.
ASX 200 Flat After Early Gains Fade; Miners Drag, Oil Climbs
The ASX 200 gave up early gains to close nearly flat as surging oil prices and weakness in mining shares offset strength in retail and healthcare.
ASX 200 Slips 1.2% as Miners Weigh; ASX Ltd Defies Decline
The ASX 200 dropped 1.21% to 8,712.9, driven by heavy mining losses, while ASX Ltd fell only 0.9% as trading volumes surged on volatility.
Copper's Record Price Masks 131K-Ton Supply Glut
Copper prices reached a new all-time high of $14,533 per metric ton, yet a 131,000-ton surplus complicates the rally. Regional shortages and tariff uncertainty are key drivers.
BHP's $14.7B Iron Ore Unit in Play: Monday ASX Test Looms
BHP's vague disclosure on a potential WAIO partnership leaves investors guessing. With WAIO generating US$14.7B in EBITDA, Monday's ASX open will be the first real test.
Vale Shares Jump 4% on Ambitious Iron Ore Output Target
Vale's stock climbed 4% after the miner announced a 2026 iron ore production target that could require a 13% increase in output. The company's Q2 results showed strong margins, but cost pressures remain a concern.
ASX 200 Steadies as Tech and Energy Gains Counter Banking Pressure
The ASX 200 rebounded 0.24% to 9,060 as tech and energy gains offset bank weakness. NextDC's strong FY26 results and higher oil prices supported the market.
ASX Slides as Capex Miss Deepens; MinRes Restores Dividend
The ASX 200 slipped 0.45% as a sharp drop in equipment investment weighed on sentiment, despite a strong earnings beat from Ramsay and a dividend restoration from Mineral Resources.
BHP's Copper-Led Surge Lifts Market Cap by A$19.4 Billion
BHP's copper-focused results lifted its market value by A$19.4 billion, but shares now trade above analyst targets, suggesting limited upside.
BHP's Copper Pivot Drives Record Profits, But Analysts See Limited Upside
BHP's copper-led earnings surge lifted shares, but the stock now trades above most analyst targets, raising questions about further upside.
European Markets Steady Ahead of US Data, Fed Rate Bets in Focus
European markets opened higher on Monday, with US futures pointing to gains. Key data releases on Canada CPI and Empire State manufacturing could shift Fed rate expectations.
Vale Shares Edge Up Despite BofA Downgrade; Buyback Could Lift Yield to 5%
Vale ADRs edged up 0.4% despite BofA downgrade. The company's capital return program, including buybacks, could yield 5.01%, but iron ore headwinds persist.
ASX 200 Set for Rebound as Tech Rally Drives July Gains
Australian shares are set to bounce back on Friday, driven by a tech rally, with the ASX 200 eyeing a 3% monthly gain. However, breadth remains a concern.
ASX 200 Set to Open Lower as Oil Rally Wanes, CPI and RBA Speech in Focus
ASX 200 futures fell 0.3% on Tuesday as the oil-driven rally ran out of steam, with investors turning to June inflation figures and RBA Governor Bullock's speech for direction.
Rio Tinto Shares Rise Ahead of H1 Results; Iron Ore Sales in Focus
Rio Tinto shares rose 2.13% ahead of half-year results, as investors focus on iron ore sales growth and copper cost reductions.
ASX 200 Closes Lower as Mining Losses Outpace Energy Gains Ahead of Key Data
The S&P/ASX 200 closed at 8,796.70, down 0.50%, with mining losses outweighing energy gains. Focus turns to China's loan rate decision and Australia's June jobs data.
BHP Shares Dip as Escondida Drives Steep Copper Production Guidance Cut
BHP shares fell 2.71% as FY27 copper guidance midpoint dropped 11.7%, with Escondida accounting for 93% of the decline. Record iron ore output failed to offset investor concerns.
ASX 200 Closes Lower as Materials Slide Offsets Broad Gains
The S&P/ASX 200 fell 0.50% to 8,796.7 on Friday, dragged by a 2.91% decline in materials, while seven other sectors gained. BHP, Rio Tinto, and Fortescue led the losses.
ASX 200 Faces Subdued Open as Bank Gains Offset Mining Weakness
ASX 200 futures indicate a 0.2% decline at the open, with financials offsetting 72% of materials losses. BHP Group's production outlook and strike risks weigh on miners.
BHP Copper Output Outlook Dims as Escondida Weighs on FY27 Guidance
BHP shares dropped 2.34% after FY27 copper guidance signaled an 11.7% decline, with Escondida responsible for 93% of the deficit. Record iron ore output provides a buffer.
BHP copper price reliance intensifies as output set to drop 12% in FY2027
BHP Group (ASX:BHP) expects a 12% drop in copper output for fiscal 2027, requiring copper prices near $6.50/lb to offset the volume loss.
BHP Seeks Arbitration as Port Hedland Strike Looms After Iron Ore Test
BHP Group has requested Fair Work Commission intervention as an eight-hour strike at Port Hedland nears, following a key iron ore production test. The walkout could impact early FY27 shipments.
Duolingo's Russell Index Shift Fuels Valuation Debate; Dow Futures Rise
Duolingo's move to a value index triggers valuation chatter. Dow futures rise with SK Hynix's U.S. debut, while ECB navigates energy inflation risks from US-Iran tensions.
ASX 200 Surges 1.6% on US-Iran Truce Hopes
The ASX 200 surged 1.6% to 8,731.70 on Friday, its biggest daily gain in seven weeks, driven by hopes of a US-Iran ceasefire that could ease oil supply fears.
Columbia Threadneedle Manager Buys LSEG, Dismisses AI Threat as Overstated
David Moss, manager of Columbia Threadneedle UK High Income trust, has bought shares in LSEG, dismissing AI fears as overblown. The trust trailed its benchmark with an 18.3% return.
Australian Stocks Hit Two-Week Peak, Mining Rally Offsets Energy Sector Decline
The S&P/ASX 200 closed at 8,692, its highest in two weeks, as mining and gold stocks rallied. Energy shares fell on lower crude oil prices. April inflation data is due Wednesday.
Australian Shares Rise as Market Awaits Key Inflation Data
The ASX 200 rose 0.41% to 8,657 on Friday, ahead of crucial April inflation data that could shape RBA policy. Miners and energy stocks outperformed.
ASX Rises as Miners Rally, Guzman y Gomez Surges on US Exit
The ASX200 rose 0.41% on Friday, powered by mining stocks and a 9.6% surge in Guzman y Gomez after the chain exited the US. Weak employment data reduced rate hike concerns.
ASX 200 Rallies on Weak Jobs Data, Miners and Reits Lead
Australian shares rallied Thursday as soft jobs data reduced rate hike odds, with the ASX 200 climbing 1.47% led by miners and real estate.