BHP Group Ltd director Ross Maxwell McEwan has filed an initial ownership report showing he holds 45,000 Ordinary Shares of the company. These shares are reported as held directly, and the filing does not record any recent purchases or sales, only his existing stake.
BHP Group Ltd director Catherine Leigh Tanna has reported an indirect holding of ordinary shares. The filing shows beneficial ownership of 10,400 ordinary shares, no par value per share, held indirectly through DCMH Investments Pty Ltd as trustee of the DCMH Trust.
The shares are recorded as indirect ownership because Tanna is a director and shareholder of DCMH Investments Pty Ltd and a beneficiary of the DCMH Trust, rather than holding the shares in her own name.
BHP Group Ltd director Christine O'Reilly has filed an initial Form 3 disclosing her beneficial ownership of ordinary shares.
She reports 9,000 shares held directly, 1,200 shares held indirectly via IOOF Investment Services Limited as custodian on her behalf, and 420 shares held indirectly through her spouse.
BHP Group Ltd executive Emma Kate Stone, Group Financial Controller, reported her existing ownership in ordinary shares and employee equity awards. The disclosure lists direct and indirect holdings of ordinary shares, including 3,132 shares held directly and additional shares held through superannuation fund trustees.
Stone also holds three tranches of Conditional Awards, each representing a contingent right to one ordinary share. These cover 7,774, 11,392 and 15,446 underlying shares, granted in 2023, 2024 and 2025 and scheduled to vest between June 30, 2026 and June 30, 2028, subject to continued service under the plan rules.
BHP Group Limited confirmed details for its 2026 interim dividend of 73 US cents per share for the half year ended 31 December 2025. Currency conversion rates were fixed around the 6 March 2026 record date.
Holders on the Australian, UK and South African registers will receive payments in AUD, GBP and ZAR, respectively, using the specified USD exchange rates. Example converted amounts are about 103.846887 Australian cents, 54.804805 British pence, 123.833757 New Zealand cents and 1,162.79875 South African cents per share. The dividend is scheduled to be paid on 26 March 2026.
BHP Group Limited provides a detailed update on its HY2026 performance and growth plans for the half year ended 31 December 2025. Copper drove more than 50% of Group underlying EBITDA for the first time, supported by strong margins and record first-half iron ore production and shipments at WAIO.
The Board declared an interim dividend of 73 cents per share, representing a 60% payout ratioUS$14.7 billion with gearing of 20.9%, and ROCE for HY26 is reported at 23.6%.
The company outlines an ambitious copper growth pipeline, targeting about 2.5 Mtpa copper equivalent by FY35 from copper assets, underpinned by lower-risk organic projects. Jansen Stage 1 potash is 75% complete, with total investment of US$8.4 billion and first production expected in mid‑CY27. BHP also details extensive long‑term copper, potash and iron ore growth options and reiterates its focus on safety, sustainability, and climate‑related goals.
BHP reported strong half-year results for the period ended 31 December 2025, driven mainly by copper and iron ore. Revenue rose to US$27.9 bn, up 11% year on year, while Underlying EBITDA increased 25% to US$15.5 bn with a 58% margin. Attributable profit grew 28% to US$5.6 bn, and Underlying attributable profit reached US$6.2 bn.
Copper contributed 51% of Group Underlying EBITDA for the first time, with Copper Underlying EBITDA up 59% to US$8.0 bn and segment margins at 66%. Group copper production was 984 kt and FY26 copper guidance was increased to 1,900–2,000 kt. Western Australia Iron Ore delivered 134 Mt of production and Underlying EBITDA of US$7.5 bn with a 62% margin.
BHP generated operating cash flow of US$9.4 bn and ended the half with net debt of US$14.7 bn, around the midpoint of its US$10–20 bn target range. The company declared an interim dividend of US$0.73 per share (60% payout), totalling US$3.7 bn, and highlighted over US$6 bn of cash expected from new silver streaming and power agreements and a confirmed Jansen Stage 1 potash budget of US$8.4 bn.
BHP Group Limited has entered into a long-term silver streaming agreement with Wheaton Precious Metals covering BHP’s share of silver from the Antamina mine in Peru. BHP will receive an upfront cash payment of US$4.3 billion at completion in exchange for future silver deliveries.
The company describes this as its most valuable streaming transaction to date by upfront consideration and expects the deal, together with a recent transaction with Global Infrastructure Group, to unlock over $6 billion of cash. BHP states the transaction is not expected to increase reported debt and does not affect Antamina’s operations, BHP’s joint venture rights, or existing customer agreements.
BHP has revised the cost and schedule for its Jansen Stage 1 potash project, lifting the total investment estimate to US$8.4 billion (including contingencies) and pushing first production back to mid CY2027, in line with the original timetable. This compares with a prior estimated range of US$7.0–7.4 billion announced in July 2025 and the initial US$5.7 billion approval estimate in August 2021. The company attributes the latest increase mainly to additional construction hours and material quantities identified in a comprehensive budget and schedule review, alongside earlier inflation, design and scope changes, and lower productivity.
BHP reports Jansen Stage 1 is 75% complete and still expected to deliver about 4.15 Mtpa of potash. At consensus prices, the updated internal rate of return is 7.9%–9.1% with an expected payback of 11–15 years from first production, and underlying EBITDA margins are projected at roughly 63%–64%. The company has implemented a response plan to improve productivity, strengthen project management and enhance contract oversight, and it continues to advance Jansen Stage 2, with a planned update on Stage 2 investment estimates in Q4 FY2026.
BHP Group reports a strong operational half year to 31 December 2025, with record copper and iron ore performance and higher copper guidance supported by stronger prices. Group copper production was 984 kt, broadly flat year on year, while the average realised copper price rose to US$5.28/lb, up 32%. FY26 copper production guidance has been increased to 1,900–2,000 kt, with higher ranges for Escondida and Antamina.
Iron ore output rose 2% to 134 Mt, with WAIO delivering record first half production; FY26 iron ore guidance is unchanged at 258–269 Mt. Steelmaking coal production increased 2% to 9.2 Mt and NSW Energy Coal volumes rose 10%, both now expected toward the lower or upper ends of prior guidance ranges. The Jansen Stage 1 potash project is 75% complete with budgeted spend of US$8.4 bn and first production targeted for mid‑2027.
Preliminary HY26 financial items include negative EBITDA of about US$100 m at WA Nickel and US$150 m for Potash, working capital build of US$2.3–2.4 bn, capital and exploration expenditure of around US$5.3 bn, and Samarco dam‑related cash outflow of roughly US$1.1 bn. Net debt at 31 December 2025 is expected between US$14 and US$15 bn.