BHP Group Stock News

The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP-1 weight loss drug manufacturers and midstream energy join the index, while battery technology & storage and software-as-a-service (SaaS) exit.

Combined BHP Ports Unions will take top global miner BHP to arbitration ​after the two parties failed to agree on terms for a new wage ‌deal for its Port Hedland iron ore operations in Western Australia, the union said on Tuesday.

Australian stocks ended Friday at ​a more than two-month low, as miners led by BHP lost on ‌weaker commodity prices, while a surge in oil prices over the week heightened inflation concerns and kept investors on edge.

Talks between BHP and unions representing workers at the mining giant's Port Hedland iron ore operations in ​Western Australia ended without a deal, with further negotiations ‌scheduled for next week, the parties said on Tuesday.

Albemarle said ‌on Thursday it has appointed BHP executive ​Ragnar Udd as ​its CEO, tapping an ⁠industry veteran to ​lead the lithium producer.

The Combined ​BHP Ports Unions has placed a counterproposal ‌on a wage deal for workers at its Port Hedland operations in Western Australia ahead of ​their next meeting on September 8, it ​said on Tuesday, after workers rejected a ⁠proposal from BHP.

The compensation agreement with miners BHP , Vale and Samarco for the Mariana dam collapse in 2015 has been joined by 19 new cities, ​including the one that was the epicenter of the disaster, a Brazilian ‌court said on Thursday.

Diversified mining groups are shifting their capital allocation strategies toward copper expansion to secure higher market valuations, according to a research report from investment bank UBS. Analyst Daniel Major noted that major miners navigated their first-half financial results without severe guidance downgrades despite persistent cost inflation.