BHP Group Ltd (BHPLF) SEC Filings

BHP Group Ltd (BHP) reported that Group Financial Controller Emma Kate Stone converted 7,774 Conditional Awards into the same number of ordinary shares on August 21, 2026, upon vesting of awards granted on September 27, 2023. On the same date, she sold 6,774 ordinary shares at US$46.57 per share, with the U.S. dollar price derived from an Australian dollar price of A$65.18 using the Reserve Bank of Australia exchange rate of A$1 = US$0.7145.

BHP Group Limited filed its annual report for the year ended 30 June 2026, showing higher scale and profitability across its diversified mining portfolio. Revenue was US$58.8 billion, up from US$51.3 billion, with profit after tax of US$13.0 billion versus US$11.1 billion. Profit attributable to shareholders was US$9.8 billion, and underlying attributable profit reached US$13.2 billion. Net operating cash flow rose to US$21.8 billion, while net debt declined to US$8.7 billion, supporting a strong balance sheet.

The Board applied its capital allocation framework, determining dividends of 172 US cents per share for FY2026, distributing US$8.7 billion, and reporting underlying EBITDA of US$32.9 billion with a 26.1% underlying return on capital employed. Copper was emphasized as the key growth engine, contributing more than half of earnings with a 70% EBITDA margin and around 2 million tonnes of production, including 1,261 kt from Escondida and record output at Olympic Dam.

The company advanced major growth projects: Jansen potash (84% complete, first production targeted mid‑CY2027) and multiple copper expansions in Chile, South Australia and joint ventures such as Vicuña and Resolution. BHP also recorded a US$2.3 billion non‑cash impairment tied to higher capital intensity at Jansen and reported a contractor fatality at the Peak Downs mine, underscoring its ongoing safety focus. Sustainability initiatives included 80% renewable electricity for operated assets and progress toward FY2030 emissions targets.

BHP Group reported record FY26 iron ore production of 265 Mt and delivered about 2 Mt of copper for the second consecutive year. Total copper output was 1,953 kt, down 3% as planned grade decline at Escondida and ore complexity at Spence offset stronger volumes from Copper South Australia and Antamina.

Higher prices were realised, with the average copper price rising to US$5.74/lb, 35% above FY25, and WAIO iron ore prices averaging US$84.56/wmt. FY26 unit costs are expected at the bottom of guidance for all copper assets, within guidance at WAIO and towards the top end at BMA.

FY27 guidance points to copper production of 1,650–1,800 kt and iron ore of 260–272 Mt, reflecting lower Escondida grades and continued steelmaking and energy coal production within similar ranges. Growth projects advanced, including Jansen Stage 1 potash (84% complete), the ~US$0.9 bn Ministers North iron ore project expected to deliver ~20 Mtpa with first ore in FY29, and RIGI approval for the Vicuña copper district. BHP also agreed transactions that will lift its Faraday Copper stake to about 32.5% and refreshed its executive leadership under new CEO Brandon Craig.

BHP Group Ltd reported that Group Financial Controller Emma Kate Stone acquired additional ordinary shares through two compensation-related awards. On July 2, 2026, she received 32 shares at no cost and another 32 shares at a price of US$40.74 per share, converted from A$59.09. After these awards, she directly holds 3,716 ordinary shares, indicating a relatively small, routine increase in her equity position.

BHP Group Limited has confirmed the appointment of Brandon Craig as Chief Executive Officer and Executive Director, effective 1 July 2026, and disclosed his initial interests in BHP shares. Craig holds an indirect interest through the Craig Family Trust in 22,500 ordinary shares of BHP Group Limited. The filing also notes that he has no interests in contracts relating to BHP securities. The notice is provided under ASX Listing Rule 3.19A.1 as an initial director’s interest disclosure.

BHP Group Limited reports that Mike Henry retired as an Executive Director of the company on 30 June 2026. The filing includes a final director’s interest notice under ASX Listing Rule 3.19A.3, detailing his relevant interests in BHP securities held via nominee companies.

According to the notice, Citicorp Nominees Pty. Limited holds 471,723 ordinary BHP shares in an account for which Mike Henry is the sole beneficiary, and Aurora Nominees Limited holds 84,671 depositary interests, each representing one ordinary BHP share, also for his sole benefit. The filing states he has no interests in related contracts.

BHP Group Limited filed a Form 6-K detailing internal transfers of shareholdings by Chief Executive Officer Mike Henry. He transferred 471,723 ordinary shares in BHP Group Limited to a Citicorp Nominees Pty Limited account and 84,671 depositary interests to an Aurora Nominees Limited account, both at a stated price of Nil and outside a trading venue on 30 June 2026.

Prior to the change, Henry’s interests included 556,394 ordinary shares held indirectly, plus a maximum of 643,505 performance rights under the Long Term Incentive Plan and 340,109 deferred rights under the Cash and Deferred Plan. The filing characterizes these movements as transfers rather than market trades.

BHP Group Limited outlines changes to its executive leadership team as new Chief Executive Officer Brandon Craig prepares to take charge on 1 July 2026. The existing President Americas role will be split into President North America and President South America to give more focused regional oversight.

Jessica Farrell is appointed President North America effective 1 July 2026 and will also act as interim President South America while recruitment for that position continues. From 1 September 2026, current Chief Operating Officer Edgar Basto becomes Chief Enterprise Performance Officer, retaining responsibility for health, safety, security and the BHP Operating System while driving contractor safety and operating discipline.

On the same date, President Australia Geraldine Slattery will add responsibility for Copper South Australia, bringing all Australian operating assets under her leadership. The filing lists the full Executive Leadership Team under incoming CEO Brandon Craig as of 1 September 2026.

BHP Group Limited has increased the total investment estimate for Jansen Stage 2 potash from US$4.9 billion to US$6.9 billion, with first production now expected in late FY2031. The change follows a detailed review after a previously announced two-year schedule extension.

Stage 2 is 16% complete, with engineering 83% complete as of end-May 2026. It is expected to add about 4.36 Mtpa, taking combined Jansen output to 8.5 Mtpa, roughly 10% of global potash production. At consensus prices, BHP cites an 11% internal rate of return, an eight-year payback and underlying EBITDA margins above 65%. BHP currently expects to record an impairment of approximately US$2.3 billion on the Jansen project, while maintaining FY2027 group capital expenditure guidance at about US$11 billion.