Morningstar
•
May 11, 2026
BHP Group Limited: BHP: Another Solid Quarter Sees Key Copper and Iron Businesses Performing Well
Symbols
BHPSector(s)
Basic Materials
Rating
Current Price
90.81
Fair Value
Economic Moat
Stewardship
Summary
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018, and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and half of the Vicuna copper joint venture
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