BHP Group Limited (BHP) Advances Strategic Deals to Strengthen Copper Supply Chain
BHPBHP(US:BHP) Yahoo Finance·2026-03-06 13:57

Group 1 - BHP Group Limited is advancing strategic deals to strengthen its copper supply chain, including an agreement with Faraday Copper Corp to acquire a wholly owned subsidiary [1][2] - The company is divesting 100% of the San Manuel property in Arizona, receiving a 30% equity interest in Faraday and associated shareholder and marketing rights, facilitating the restart of the San Manuel copper mine [2] - BHP has entered a long-term streaming agreement with Wheaton Precious Metals International, receiving an upfront payment of $4.3 billion in exchange for silver produced at the Antamina mine [3] Group 2 - BHP Group Limited is recognized as the world's largest copper producer and is involved in producing essential commodities such as iron ore, steelmaking coal, and soon potash [4]