Recent Updates — BHP

At its Annual General Meeting on October 22, 2026, BHP Group Limited shareholders voted to reject the election of external candidate Stephen Mayne as a Director. The resolution received only 0.73% support (23.2 million votes) compared to 98.9% opposition (3.14 billion votes). All other resolutions, including the re-election of ten incumbent directors and the approval of the Remuneration Report, were carried with overwhelming majorities. BHP Group Limited is a diversified mining company engaged in the extraction of iron ore, copper, coal, and other minerals.

BHP Group Limited announced a total dividend of approximately A$2.40 per share for fiscal year 2026, representing US$8.7 billion returned to shareholders and the company's highest payout in four years. The filing includes addresses from Chair Ross McEwan and incoming CEO Brandon Craig following the retirement of Mike Henry. BHP reported underlying EBITDA of US$33 billion and attributable profit of US$13 billion, driven by record production at Western Australia Iron Ore and Olympic Dam. Copper contributed more than half of earnings as the company positions itself for growth with the Jansen potash project expected to begin production mid-next year. BHP Group Limited is a diversified mining company producing copper, iron ore, coal, and potash.

BHP Group reported first-quarter FY27 copper production of 401 kilotonnes, a 19% decline from the prior year period. The decrease was driven by planned lower feed grades and scheduled maintenance at Escondida, severe weather disruptions in Chile, and a conveyor belt failure at Copper South Australia's Carrapateena operation. Despite these operational headwinds, BHP maintained its full-year copper production guidance between 1,650 and 1,800 kilotonnes. Iron ore production rose 4% to 66.5 million tonnes, while steelmaking coal output fell 13%. The company also approved US$0.8 billion in pre-commitment funding for the Escondida New Concentrator and announced an increase to Olympic Dam's mineral resource base. BHP operates as a diversified mining company extracting copper, iron ore, coal, and potash globally.

BHP Group Limited filed a Notice of Meeting for its 2026 Annual General Meeting scheduled for October 22, 2026. The filing announces that CEO Brandon Craig succeeded Mike Henry on July 1, 2026, and director Mark Vassella joined the board in June 2026. For FY2026, BHP reported an attributable profit of US$9.8 billion and declared a total dividend of 172 US cents per share, representing a distribution of US$8.7 billion or 66 percent of underlying attributable profit. The Board recommends voting against the election of external candidate Stephen Mayne due to concerns regarding his suitability and BHP's AGM format. BHP operates in the global mining and metals industry.