BHP News — GMK Center https://gmk.center/en/tag/bhp-en/ This is an informational-analytical, discussion platform Wed, 17 Jun 2026 09:08:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png BHP News — GMK Center https://gmk.center/en/tag/bhp-en/ 32 32 <![CDATA[BHP and Rio Tinto see growth potential in India and ASEAN]]> https://gmk.center/en/news/bhp-and-rio-tinto-see-growth-potential-in-india-and-asean/ Wed, 17 Jun 2026 09:07:42 +0000 https://gmk.center/?post_type=news&p=125061 Mining companies BHP Group and Rio Tinto are increasingly viewing India as the next major driver of growth in global steel production, according to Bloomberg. The agency notes that the world’s largest iron ore suppliers are thus preparing for a future beyond China. Senior executives from both companies stated at an industry event in Singapore […]

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]]> <![CDATA[BHP is scaling back decarbonization projects at its iron ore operations – media reports]]> https://gmk.center/en/news/bhp-is-scaling-back-decarbonization-projects-at-its-iron-ore-operations-media-reports/ Tue, 26 May 2026 09:00:34 +0000 https://gmk.center/?post_type=news&p=124092 Mining company BHP Group is scaling back key decarbonization projects at its iron ore operations in Western Australia. Bloomberg reports this, citing leaked internal documents reviewed by The Guardian and Four Corners. In doing so, the company is slowing down the climate strategy it had positioned as central to its long-term growth plans, the agency […]

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]]> <![CDATA[BHP is set to increase its iron ore production by 1 million tons in 2025 thanks to AI]]> https://gmk.center/en/news/bhp-is-set-to-increase-its-iron-ore-production-by-1-million-tons-in-2025-thanks-to-ai/ Sat, 09 May 2026 08:09:10 +0000 https://gmk.center/?post_type=news&p=123453 Mining company BHP Group is set to increase its iron ore production by nearly 1 million tons in 2025 thanks to the implementation of AI-based solutions. This was announced by the company’s Chief Digital Officer, Mikko Teponen, during an industry conference in Perth. For a long time, the key challenge for companies in Western Australia […]

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]]> <![CDATA[China has released BHP’s iron ore stockpiles at the port]]> https://gmk.center/en/news/china-has-released-bhp-s-iron-ore-stockpiles-at-the-port/ Tue, 28 Apr 2026 08:54:08 +0000 https://gmk.center/?post_type=news&p=123042 Following the agreement with BHP Group, China has released the company’s iron ore stockpiles held in ports. Bloomberg reported this, citing sources. The state-owned buyer, China Mineral Resources Group, has informed several steel mills that BHP’s ore stockpiles, including Jimblebar Blend Fines, will be released. The plants are required to report their raw material transactions […]

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]]> <![CDATA[BHP has signed an agreement with a Chinese state-owned buyer for iron ore supplies]]> https://gmk.center/en/news/bhp-has-signed-an-agreement-with-a-chinese-state-owned-buyer-for-iron-ore-supplies/ Wed, 22 Apr 2026 07:35:32 +0000 https://gmk.center/?post_type=news&p=122813 Mining company BHP Group has confirmed the conclusion of negotiations on iron ore supplies with the Chinese state-owned buyer China Mineral Resources Group (CMRG), according to Bloomberg. This brings to an end a months-long dispute between the parties that had impacted markets and hindered Chinese steelmakers’ access to key raw materials. The market had been […]

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]]> <![CDATA[China will ease restrictions on certain shipments of BHP iron ore]]> https://gmk.center/en/news/china-will-ease-restrictions-on-certain-shipments-of-bhp-iron-ore/ Tue, 14 Apr 2026 07:50:12 +0000 https://gmk.center/?post_type=news&p=122539 China Mineral Resources Group (CMRG), a state-owned Chinese iron ore buyer, has informed several of the country’s steel mills that, starting April 14, they may purchase certain shipments of BHP iron ore denominated in U.S. dollars, according to Bloomberg. This is a clear concession in the months-long commercial dispute with the mining company, the agency […]

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]]> <![CDATA[China extends ban on BHP iron ore imports – Reuters]]> https://gmk.center/en/news/china-extends-ban-on-bhp-iron-ore-imports-reuters/ Thu, 12 Mar 2026 11:42:55 +0000 https://gmk.center/?post_type=news&p=121308 China Mineral Resources Group (CMRG), a Chinese state-owned buyer, is extending its ban on iron ore from mining company BHP for the second time in two weeks, Reuters reports, citing sources. On March 12, CMRG informed Chinese steel mills and traders that, starting next week, they will be prohibited from accepting shipments of Newman fines, […]

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]]> <![CDATA[China expands restrictions on iron ore imports from BHP]]> https://gmk.center/en/news/china-expands-restrictions-on-iron-ore-imports-from-bhp/ Thu, 05 Mar 2026 13:46:31 +0000 https://gmk.center/?post_type=news&p=120981 China Mineral Resources Group, a Chinese state-owned buyer, has called on traders to refrain from purchasing new shipments from BHP Group, according to Bloomberg. The call was made after it was discovered that traders were violating restrictions on these purchases. CMRG and BHP have been unable to make progress in negotiations on long-term contracts for […]

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]]> <![CDATA[Australia watches companies negotiate with China over iron ore]]> https://gmk.center/en/news/australia-watches-companies-negotiate-with-china-over-iron-ore/ Tue, 24 Feb 2026 13:10:06 +0000 https://gmk.center/?post_type=news&p=120567 Australia is closely monitoring negotiations between major iron ore producers and Chinese state-owned buyer China Minerals Resources Group (CMRG) due to the potential impact of lower prices for this raw material on the federal budget. This was stated by the country’s Minister of Natural Resources, Madeleine King, according to Reuters. «Iron ore is the backbone […]

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]]> <![CDATA[BHP seeks alternative ore buyers amid contract dispute with China – Reuters]]> https://gmk.center/en/news/bhp-seeks-alternative-ore-buyers-amid-contract-dispute-with-china-reuters/ Mon, 26 Jan 2026 09:52:38 +0000 https://gmk.center/?post_type=news&p=119187 Mining company BHP Group has shipped Jimblebar iron ore, banned from sale in China, to Malaysia and Vietnam in search of alternative buyers, Reuters reports. In September 2025, China Mineral Resources Group (CMRG), a Chinese state-owned buyer, banned Chinese steel mills and traders from purchasing Jimblebar Blend Fines (JMBF) from BHP, a type of medium-grade […]

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]]> <![CDATA[BHP produced a record 146.6 million tonnes of iron ore in the second half of the year]]> https://gmk.center/en/news/bhp-produced-a-record-146-6-million-tonnes-of-iron-ore-in-the-second-half-of-the-year/ Tue, 20 Jan 2026 09:25:05 +0000 https://gmk.center/?post_type=news&p=118912 Australian mining company BHP Group reported record iron ore production for the second half of 2025 (first half of the 2025/2026 financial year), while also reporting pressure on prices due to negotiations with China on contracts for 2026. This is stated in the company’s operating report. In the second half of the year, BHP produced […]

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]]> <![CDATA[Rio Tinto and BHP to join forces in the Pilbara region]]> https://gmk.center/en/news/rio-tinto-and-bhp-to-join-forces-in-the-pilbara-region/ Thu, 15 Jan 2026 10:46:34 +0000 https://gmk.center/?post_type=news&p=118663 Rio Tinto and BHP, two of the world’s leading mining companies, have agreed to cooperate in the extraction of up to 200 million tons of iron ore in the adjacent Yandicoogina and Yandi areas in the Pilbara region. This is stated in a Rio Tinto press release. The companies will work together to develop Rio […]

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]]> <![CDATA[BHP and Rio Tinto have begun testing Caterpillar electric dump trucks in Pilbara]]> https://gmk.center/en/news/bhp-and-rio-tinto-have-begun-testing-caterpillar-electric-dump-trucks-in-pilbara/ Tue, 09 Dec 2025 11:26:02 +0000 https://gmk.center/?post_type=news&p=117322 Australia’s first Cat 793 XE Early Learner battery-powered electric mining trucks have arrived at the Jimblebar iron ore mine in the Pilbara region (Western Australia), marking the start of large-scale trials of zero-emission heavy mining equipment. This was reported in a press release by BHP. The project is being implemented in a unique industry collaboration […]

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]]> <![CDATA[China extends ban on BHP iron ore to new product]]> https://gmk.center/en/news/china-extends-ban-on-bhp-iron-ore-to-new-product/ Fri, 21 Nov 2025 08:36:02 +0000 https://gmk.center/?post_type=news&p=116384 China Mineral Resources Group (CMRG), a Chinese state-owned buyer, has issued an order to stop purchasing low-grade Jingbao iron ore from BHP Group. This was reported by Bloomberg, citing sources. The ban applies to sea shipments and stocks in Chinese ports. The order to stop purchasing another type of raw material from BHP Group came […]

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]]> <![CDATA[BHP and POSCO to improve HyREX iron production technology]]> https://gmk.center/en/news/bhp-and-posco-to-improve-hyrex-iron-production-technology/ Sat, 01 Nov 2025 06:24:09 +0000 https://gmk.center/?post_type=news&p=115215 Australian mining company BHP and South Korean steel producer POSCO have signed a memorandum of understanding to cooperate in the development and testing of HyREX hydrogen-based ironmaking technology. This was announced in a statement by the companies. HyREX from POSCO is a process designed to achieve near-zero emissions in steel production. The partners will focus […]

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]]> <![CDATA[Negotiations between BHP and China’s CMRG on iron ore may continue until 2026]]> https://gmk.center/en/news/negotiations-between-bhp-and-china-s-cmrg-on-iron-ore-may-continue-until-2026/ Sat, 11 Oct 2025 06:14:46 +0000 https://gmk.center/?post_type=news&p=114327 The price dispute between Australia’s BHP Group and state-owned buyer China Mineral Resources Group (CMRG) over iron ore could continue until early 2026, Bloomberg reports, citing sources. Despite the dispute, the Australian mining company has faced minimal disruptions to its supplies to China and has already fulfilled most of its commitments for November and December. […]

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]]> <![CDATA[China suspends iron ore purchases from BHP – Bloomberg]]> https://gmk.center/en/news/china-suspends-iron-ore-purchases-from-bhp-bloomberg/ Tue, 30 Sep 2025 12:58:38 +0000 https://gmk.center/?post_type=news&p=113916 China Mineral Resources Group, a Chinese state-owned iron ore buyer, has asked major steel producers and traders to temporarily suspend purchases of any dollar-denominated seaborne cargoes from BHP Group, Bloomberg reports, citing sources. The decision means that new agreements cannot be signed, in particular for shipments that have already left Australia, except for some deliveries […]

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]]> <![CDATA[BHP invests in increasing ore transshipment capacity in Port Hedland]]> https://gmk.center/en/news/bhp-invests-in-increasing-ore-transshipment-capacity-in-port-hedland/ Sun, 21 Sep 2025 05:07:11 +0000 https://gmk.center/?post_type=news&p=113576 Australian mining company BHP has approved the modernization of infrastructure in Port Hedland, Western Australia, according to Mining Magazine. The investment amounts to A$1.4 billion (approximately $924 million). The upgrade aims to meet medium-term iron ore production targets and improve operational reliability. Plans focus on the construction of a sixth car dumper (CD6) and additional […]

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]]> <![CDATA[BHP will lead a consortium to explore CCUS opportunities in Asia]]> https://gmk.center/en/news/bhp-will-lead-a-consortium-to-explore-ccus-opportunities-in-asia/ Fri, 15 Aug 2025 05:12:13 +0000 https://gmk.center/?post_type=news&p=112611 BHP Group will lead a consortium of steelmakers and other industrial giants to explore carbon capture, utilization, and storage (CCUS) opportunities throughout Asia. This was announced in a company statement. The industry consortium includes leading steel producers ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel, as well as other value chain participants, along with BHP, […]

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]]> <![CDATA[BHP increased iron ore production to 263 million tons in the 2024/2025 financial year]]> https://gmk.center/en/news/bhp-increased-iron-ore-production-to-263-million-tons-in-the-2024-2025-financial-year/ Fri, 18 Jul 2025 08:01:55 +0000 https://gmk.center/?post_type=news&p=111537 Australian mining company BHP Group increased iron ore production by 1% year-on-year to 263 million tons in the 2024/2025 financial year (ended June 30). This is stated in the company’s operating report. BHP expected production to be at the lower end of the range forecast for the financial year (255-265 million tons) due to disruptions […]

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]]> <![CDATA[BHP doubts the viability of the green iron industry in Australia]]> https://gmk.center/en/news/bhp-doubts-the-viability-of-the-green-iron-industry-in-australia/ Wed, 16 Jul 2025 10:53:07 +0000 https://gmk.center/?post_type=news&p=111455 Mining company BHP believes that it is too expensive for Australia to develop the green iron industry and that the investment will not pay off. This was reported by Reuters. BHP Australia CEO Geraldine Slattery, who participated in business roundtables with Australian and Chinese industry leaders in China, noted that the economic feasibility of independent […]

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]]> <![CDATA[BHP opens industry’s first AI hub in Singapore for digital transformation]]> https://gmk.center/en/news/bhp-opens-industry-s-first-ai-hub-in-singapore-for-digital-transformation/ Sat, 07 Jun 2025 07:05:49 +0000 https://gmk.center/?post_type=news&p=109913 Global mining company BHP has announced the opening of its first artificial intelligence (AI) center in Singapore. The initiative aims to accelerate digital transformation and innovation in the resources and mining sector. As stated in the company’s official statement, the new AI hub will focus on solving BHP’s corporate-wide challenges using artificial intelligence tools to […]

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]]> <![CDATA[Rio Tinto forecasts stable demand for iron ore in China]]> https://gmk.center/en/news/rio-tinto-forecasts-stable-demand-for-iron-ore-in-china/ Mon, 19 May 2025 10:08:52 +0000 https://gmk.center/?post_type=news&p=109207 British-Australian mining concern Rio Tinto expects stable demand for iron ore in China. The company’s CEO Jakob Stauscholm said this at a recent Bank of America conference, Kallanish reports. In his opinion, despite the uncertainty in the global economy, the Chinese economy is in better shape than a year ago. In particular, the country has […]

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]]> <![CDATA[BHP and Rio Tinto to build a pilot green pig iron plant in Australia]]> https://gmk.center/en/news/bhp-and-rio-tinto-to-build-a-pilot-green-pig-iron-plant-in-australia/ Tue, 17 Dec 2024 12:44:48 +0000 https://gmk.center/?post_type=news&p=103544 Australian mining giants BHP, Rio Tinto and steelmaker BlueScope Steel have selected the Kwinana Industrial Zone south of Perth as the site for a pilot low-carbon pig iron plant. The project, called NeoSmelt, promises to be Australia’s largest pilot plant using an electric smelter (ESF) and DRI (direct reduced iron) technology. This is stated in […]

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]]> <![CDATA[BHP continues cooperation with Swiss ABB in decarbonizing operations]]> https://gmk.center/en/news/bhp-continues-cooperation-with-swiss-abb-in-decarbonizing-operations/ Sat, 09 Nov 2024 08:57:32 +0000 https://gmk.center/?post_type=news&p=102216 Australian mining company BHP Billiton has announced that it will deepen its cooperation with Swiss ABB in several areas, including the decarbonization of its global operations. This is stated in the message of BHP. At the end of October, the companies signed a multi-year global framework agreement. As noted, it will provide the parties with […]

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]]> <![CDATA[BHP increased iron ore production by 2% y/y in July-September]]> https://gmk.center/en/news/bhp-increased-iron-ore-production-by-2-y-y-in-july-september/ Thu, 17 Oct 2024 10:56:51 +0000 https://gmk.center/?post_type=news&p=101501 Australian mining company BHP Group in the first quarter of the 2024/2025 fiscal year (July-September) increased ore production by 2% year-on-year – to 64.6 million tons, according to the company’s operational review. Compared to the fourth quarter (April-June) of the previous fiscal year, ore production fell by 7%. This was caused by planned maintenance of […]

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]]> <![CDATA[BHP and SAIL to cooperate in decarbonizing steel production]]> https://gmk.center/en/news/bhp-and-sail-to-cooperate-in-decarbonizing-steel-production/ Sun, 13 Oct 2024 07:25:36 +0000 https://gmk.center/?post_type=news&p=101279 The largest state-owned steel producer in India, Steel Authority of India Limited (SAIL), and Australian mining company BHP will cooperate to support the decarbonization of steel production. This is stated in the message of BHP. The parties signed a memorandum of understanding. As noted, this cooperation is an important step in promoting low-carbon steel production […]

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]]> <![CDATA[BHP achieved its iron ore production targets in FY2023/2024]]> https://gmk.center/en/news/bhp-achieved-its-iron-ore-production-targets-in-fy2023-2024/ Wed, 17 Jul 2024 11:21:37 +0000 https://gmk.center/?post_type=news&p=98816 Australian mining company BHP Group increased iron ore production by 1% y/y – to a record 259.7 million tons in the 2023/2024 financial year (ended June 30), which is in line with the target. This is stated in the company’s report. In the fourth quarter (April-June) of 2023/2024 fiscal year, the company increased ore production […]

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]]> <![CDATA[Rio Tinto and BHP to cooperate with BlueScope in the production of green pig iron]]> https://gmk.center/en/news/rio-tinto-and-bhp-to-cooperate-with-bluescope-in-the-production-of-green-pig-iron/ Fri, 09 Feb 2024 12:11:53 +0000 https://gmk.center/?post_type=news&p=93504 Mining companies Rio Tinto and BHP Group will team up with Australian rolled steel producer BlueScope Steel to explore the development of Australia’s first pilot electric smelter (ESF) to produce green pig iron. This is stated in their joint statement. The cooperation aims to demonstrate that pig iron production from Pilbara ore is possible using […]

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]]> <![CDATA[BHP mined 257 million tons of iron ore in the 2022/2023 financial year]]> https://gmk.center/en/news/bhp-mined-257-million-tons-of-iron-ore-in-the-2022-2023-financial-year/ Thu, 20 Jul 2023 13:32:27 +0000 https://gmk.center/?post_type=news&p=86189 Australian mining company BHP increased its total iron ore production by 1% compared to the 2021/2022 financial year – up to 257 million metric tons in the 2022/2023 fiscal year (ended June 30, 2023). This is stated in the annual report on the company’s website. The WAIO mine produced 252.5 mln tons of iron ore […]

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]]> <![CDATA[BHP will spend $4 billion to reduce emissions by 2030]]> https://gmk.center/en/news/bhp-will-spend-4-billion-to-reduce-emissions-by-2030/ Wed, 21 Jun 2023 13:23:06 +0000 https://gmk.center/?post_type=news&p=84993 Australia’s BHP Group has announced it is on track to reduce its operational emissions by at least 30% by 2030 (compared to 2020 levels). The mining company will spend $4 billion on its decarbonization efforts over the next seven years, informs Australian Financial Review. According to Graham Winkelman, the group’s head of carbon management, the […]

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]]> <![CDATA[BHP Group is considering the possibility of increasing iron ore production]]> https://gmk.center/en/news/bhp-group-is-considering-the-possibility-of-increasing-iron-ore-production/ Tue, 23 May 2023 08:03:17 +0000 https://gmk.center/?post_type=news&p=83840 Australian mining company BHP Group (BHP) is considering increasing iron ore production in Western Australia. This was stated at the profile conference by the CEO of BHP Mike Henry, reports Metal Expert. The company’s plans are based on expectations of growth in global demand for iron ore and a decarbonization course. BHP is considering initiatives […]

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]]> <![CDATA[BHP and China’s HBIS will jointly test carbon capture]]> https://gmk.center/en/news/bhp-and-chinas-hbis-will-jointly-test-carbon-capture/ Mon, 27 Mar 2023 13:17:54 +0000 https://gmk.center/?post_type=news&p=81344 Australian mining company BHP Group and Chinese steel company HBIS Group have agreed to test carbon capture, utilization and storage (CCUS) technologies at HBIS steel plants. It is stated in the BHP’s message. As part of the project, it is planned to develop and test technologies that can be integrated into steel production processes to […]

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]]> <![CDATA[BHP increased iron ore production by 2% y/y in the first half of the 2022/2023 financial year]]> https://gmk.center/en/news/bhp-increased-iron-ore-production-by-2-y-y-in-the-first-half-of-the-2022-2023-financial-year/ Thu, 19 Jan 2023 12:29:33 +0000 https://gmk.center/?post_type=news&p=77664 Australian mining company BHP has announced production results for the first half of the 2022/2023 financial year. It is stated in the operational overview of the company. In the first half of the 2022/2023 financial year (July-December), total iron ore production increased by 2% year-on-year – up to 132 million tons. These indicators were achieved, […]

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]]> <![CDATA[BHP raised its long-term forecast for global steel consumption]]> https://gmk.center/en/news/bhp-raised-its-long-term-forecast-for-global-steel-consumption/ Tue, 04 Oct 2022 06:08:34 +0000 https://gmk.center/?post_type=news&p=72278 BHP Group, the world’s largest mining company, has raised its long-term forecast for global steel demand. The change in estimates is associated with changes in the field of electricity production’s decarbonization, reports Reuters. BHP predicts growing demand for wind and solar farms’ equipment, which will lead to steel demand growing by 2% in 2030 and […]

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]]> <![CDATA[BHP’s profits hit an 11-year record on rising coal prices]]> https://gmk.center/en/news/bhps-profits-hit-an-11-year-high-on-rising-coal-prices/ Tue, 16 Aug 2022 10:20:02 +0000 https://gmk.center/?post_type=news&p=69464 The net profit of the Australian corporation BHP, one of the largest iron ore producers in the world, in the 2022 fiscal year increased by 26% compared to the 2021 fiscal year – up to $21.3 billion. This is stated in the report, published on the company’s official page. The company’s profits have grown significantly […]

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]]> <![CDATA[China to increase iron ore imports with centralized purchases – FT]]> https://gmk.center/en/news/china-to-increase-iron-ore-imports-with-centralized-purchases-ft/ Fri, 17 Jun 2022 14:40:39 +0000 https://gmk.center/?post_type=news&p=66250 The government of the People’s Republic of China wants to increase iron ore imports by creating a new centralized group of companies, Silk Bridge reported citing the Financial Times. According to the Financial Times, the initiative, led by the China Ferrous Metallurgy Association and the Ministry of Planning, includes large state-owned mining and steel conglomerates: […]

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