必和必拓上半财年净利润56.4亿美元，分析师预期62.5亿美元。 来源：滚动播报 ...

Wheaton Precious Metals Announces Acquisition of Additional Silver Stream on Antamina Through New Partnership with BHP [Accessibility Statement] Skip NavigationVANCOUVER, BC, Feb. 16, 2026 /PRNewswire/ - Wheaton Precious Metalsâ"¢ Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd. ("WPMI") has entered into a definitive Precious Metals Purchase Agreement (the "Silver Stream") with a wholly-owned subsidiary of BHP Group Limite ...

Stability + Growth = Value Half year ended 31 December 2025 For personal use only Escondida Disclaimer The information in this presentation is current as at 17 February 2026. It is in summary form and is not necessarily complete. It should be read together with the BHP Results for the half year ended 31 December 2025. Forward-looking statements This presentation contains forward-looking statements, which involve risks and uncertainties. Forward-looking statements include all statements other than statements ...

02月16日 - 02月22日当周重磅财经事件一览，以下均为北京时间： | 01:45 | | 美联储理事巴尔就人工智能和就业市场发表讲话 | | | | --- | --- | --- | --- | --- | | 03:30 | | 旧金山联储主席戴利就人工智能与经济问题发表讲话 | | | | 事件 | 待定 | 谷歌发布Pixel 10a手机 | | | | 待定 | | 日本本月18日举行首相指名选举,现任高市内阁将集体辞 职,新一任首相将投票选出 | | | | 2月19日 周四 | | | | | | 数据 | 09:00 | 中国 1月Swift人民币在全球支付中占比 | | 2.73% | | 21:30 | | 美国 2月14日当周首次申请失业救济人数(万人) | | | | 03:00 | | 美联储公布货币政策会议纪要 | | | | 事件 | 待定 | 矿业巨头必和必拓、嘉能可、力拓、零售巨头沃尔玛等公 司发布财报 | | | | 待定 | | 韩国检方要求判处前总统尹锡悦死刑 2月19日宣判 | | | | 财报 | | Figma、沃尔玛 | | | | 2月20日 周五 | ...

Core Viewpoint - The legal battle between coal miner Simon Turner and BHP highlights significant disparities in resources, with Turner lacking legal representation and facing challenges in accessing court documents related to his wage theft allegations against BHP, which involve claims of over $2 billion in wage theft. Group 1: Legal Proceedings - Simon Turner is engaged in a court case against BHP, which has accused him of making "wild allegations" without specifying what those allegations are [1][4]. - The court proceedings have been heavily influenced by BHP's successful confidentiality orders, which suppress Turner's evidence [2]. - Turner faces financial barriers in accessing public court transcripts, which cost $1,952.53, making it difficult for him to obtain information about his own case [3][10]. Group 2: Allegations and Accusations - BHP's legal representatives, Minter Ellison, have claimed that Turner's allegations are "wild," but have not disclosed the specifics of these claims [5][6]. - There is a historical context where BHP and Chandler Macleod previously identified Ready Work Force as Turner's employer, but they have since shifted their stance, arguing that the enforceability of a deed is more important than the identity of the employer [13][15]. - A previous court ruling in 2017 established that Chandler Macleod was Turner's employer, contradicting BHP's current claims [14]. Group 3: Financial Implications - The costs associated with accessing court documents are seen as prohibitive not only for Turner but also for journalists and the public, raising concerns about transparency in the legal process [3][12]. - VIQ Solutions Australia, a foreign venture capital company, stands to profit from the fees charged for accessing public court information, highlighting potential issues within the justice system [11].

智通财经记者 | 田鹤琪 作为人工智能、电网、新能源等领域的核心原材料，铜正成为矿企战略布局的必争资源。 近期，四大矿商2025产销报告均出炉。其中，三大的铜产量均实现同比增长。 作为全球最大的铜矿企业，必和必拓依旧稳坐头把交椅。 2025年，必和必拓铜产量达201.4万吨，同比上涨约2.9%。得益于埃斯孔迪达等南美项目的稳定运营，必和必拓进一步上调了2026财年的铜产量指导区间至 190万-200万吨。 | 产量 | | 李唐表现 | | 年初至今表现 | | | 26财年产量指导目 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 26财年 第二季度 | 对比26财年 第一季度 | 对比25财年 同期 | 26上半财年 | 对比 25上半财年 | 原指导 | 现指导 | | | 当季 | | | | | | | | 铜(千吨) | 490.5 | (1%) | (4%) | 984.1 | 0% | 1,800 - 2,000 | 1,900 - 2,( | | 埃斯康迪达铜矿(Escondida) | 317.2 | (4%) | (7%) ...

Core Viewpoint - The Amplify Lithium & Battery Technology ETF (BATT) has outperformed other ETFs in the lithium and battery sector, driven by a diversified approach that captures broader industrial trends and demand for battery energy storage systems (BESS) [1] Performance Comparison - As of February 13, 2026, BATT has increased by 14.5% year-to-date, outperforming the Global X Lithium & Battery Tech ETF (LIT) which is up 10.94%, and other mining-focused ETFs like iShares Lithium Miners and Producers ETF (ILIT) at 9.7%, Sprott Lithium Miners ETF (LITP) at 4.65%, and Themes Lithium & Battery Metal Miners ETF (LIMI) at 3.77% [1] Reasons for BATT's Outperformance - BATT's total ecosystem approach includes exposure across the battery value chain, from diversified miners to cell manufacturers and grid storage leaders, unlike LIT which is heavily concentrated in lithium mining and refining [1] - Significant weights in copper and nickel have contributed to BATT's performance, with copper prices reaching new highs due to AI-driven grid modernization [1] - The launch of Project Vault, a $12 billion U.S. strategic mineral reserve, has provided a valuation floor for the sector, acting as a buyer of last resort for battery metals [1] - The demand for BESS has surged, driven by the growth of AI data centers, with companies in BATT's portfolio reporting record shipments for stationary storage [1] Key Holdings Contributing to BATT's Performance - BHP Group Ltd. (BHP) - 7.62% weight, benefiting from rising nickel prices and steady copper demand [1] - Contemporary Amperex Technology (CATL) - 5.71% weight, dominating the lithium iron phosphate market for utility-scale storage [1] - Freeport-McMoRan Inc. (FCX) - 5.24% weight, a primary copper producer benefiting from AI-driven grid upgrades [1] - Tesla, Inc. (TSLA) - 4.77% weight, with its Megapack business contributing significantly to margins [1] - BYD Co. Ltd. (BYD) - 4.17% weight, maintaining high margins through vertical integration [1] Key Themes to Watch - The stationary storage market is emerging as a major performance driver, with a shift towards grid-scale batteries providing a growth narrative alongside the competitive EV market [1] - Diversified mining is proving to be a safer investment compared to pure-play lithium, allowing BATT to achieve double-digit gains amid lithium price volatility [1] - The impact of U.S. industrial policy, particularly Project Vault and tax rebate adjustments in China, is front-loading global demand and intensifying the battery arms race [1]

业绩经营情况 经济观察网根据近期公告和报道，必和必拓股票未来值得关注的事件主要涉及股东回报计划、战略项目 进展以及行业动态。 行业与风险分析 此外，必和必拓正密切关注力拓与嘉能可的并购谈判，这可能对行业竞争格局产生影响。 以上内容基于公开资料整理，不构成投资建议。 公司已宣布2026财年股东回报计划，包括现金分红1.9亿美元(分两期支付，第二期预计于2026年6月完 成)和股票回购3亿美元(在未来12个月内执行)。同时，公司承诺2025年至2027年期间每年分红比例不低 于净利润的65%。 公司项目推进 在资本支出方面，必和必拓计划在未来两个财年每年投入约110亿美元，重点推进加拿大Jansen钾肥项 目，预计2027年中期投产。 ...

Core Viewpoint - BHP Group Limited is currently trading at a forward price-to-earnings multiple of 15.38X, which is below the industry average of 16.31X, indicating a potential investment opportunity [1]. Valuation and Performance - BHP's stock is trading at a premium compared to Rio Tinto Group and Vale S.A, which have price-to-earnings multiples of 12.84X and 7.92X, respectively [3]. - BHP shares have increased by 28.4% over the past six months, outperforming the industry's growth of 23.4% [3]. - The Basic Materials Sector and S&P 500 have seen gains of 21.0% and 2.4%, respectively, during the same period [3]. Production and Operational Strength - BHP produced 133.8 million tons (Mt) of iron ore in the first half of fiscal 2026, marking a 2% year-over-year increase [7]. - The Western Australia Iron Ore (WAIO) segment achieved record output of 129.8 Mt [7]. - For fiscal 2026, BHP anticipates iron ore production between 258-269 Mt, with WAIO contributing 251-262 Mt [10]. - Medium-term projections suggest WAIO production could exceed 305 Mt annually, supported by expanded rail operations [11]. Strategic Focus on Commodities - BHP is reallocating nearly 70% of its capital expenditure towards copper and potash, positioning itself to benefit from trends such as decarbonization and urbanization [12]. - Copper production reached 984,000 tons (kt) in the first half of fiscal 2026, with a target of 1,900-2,000 kt for the full fiscal year [13]. - The Jansen Stage 1 potash project is 75% complete and expected to produce 4.35 million tons annually once operational by mid-2027 [14][15]. Financial Health and Cash Flow - BHP has generated over $15 billion in net operating cash flow from fiscal 2010 to fiscal 2025, allowing for significant debt reduction [16]. - The company’s net debt stood at $12.9 billion at the end of fiscal 2025, within its target range [16]. - Capital and exploration spending is budgeted at $11 billion for fiscal 2026 and 2027 [16]. Earnings Estimates and Market Trends - The Zacks Consensus Estimate for BHP's fiscal 2026 earnings is $4.68 per share, reflecting a year-over-year growth of 28.6% [17]. - Iron ore prices are currently around $101 per ton, supported by strong demand and supply constraints in China [19]. - Copper futures have increased by 26% over the past year, currently priced at approximately $5.90 per pound, driven by high demand [20]. Dividend and Returns - BHP's current dividend yield is 3.28%, significantly higher than the industry average of 2.03% and the S&P 500's 1.06% [21]. - The company's return on equity stands at 17.7%, well above the industry average of 1.25% [21]. Overall Outlook - BHP combines strong iron ore operations with increasing exposure to copper and potash, supported by a favorable commodity price environment and rising earnings estimates [22]. - The company is positioned for growth with an industry-leading dividend yield and improving profitability, currently holding a Zacks Rank 1 (Strong Buy) [23].

花旗集团将必和必拓集团的目标股价从2400便士上调至2600便士。 ...